Introduction and Research Methodology
The outbreak of COVID-19 has led to huge ramifications across the world. With a large population and relatively evolving health system in India, it is a challenge to contain the spread of COVID-19 and address the surge of the patients to be treated. Simultaneously, it also brings to surface various economic challenges with the regulatory impositions across the nation. It calls for a multi-pronged response that includes strategic diagnostics and treatment, adequate and safe health infrastructure and taking care of the basic needs of the underprivileged communities, while slowly building up projects and initiatives that prepare the communities for the post COVID-19 scenario. Since mid of March 2020, there are many corporates, CSR Foundations and business leaders who have come forward to support COVID-19 response in various capacities. Additionally, the recent recognition of COVID-19 response under CSR mandate has further catalysed the
response intensity.
First in the series of COVD-19 response, this report brings to you an overview of how the large 100 businesses and its leaders are stepping in to support India through this crisis. Our research comprises of analysis of 110 entities including corporates, CSR Foundations and large individual philanthropic contributions over the last one month, contributing to INR 7075 Cr. consolidated funding through 189 different initiatives. We have further analysed the patterns of the response through share of funding committed, based on geographies of action, company types, industry sectors, response priorities and its distribution across target communities.
Key Highlights
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