LIC has contributed Rs 105 crore to the PM CARES Fund amid the coronavirus outbreak. Of the total amount, Rs 5 crore has been donated from the LIC’s Golden Jubilee Fund, LIC said in a statement. “We will take every step to ensure safety and security of the people and relief for the affected,” LIC Chairman M R Kumar said.
India is facing a huge challenge owing to the global pandemic, which is unprecedented in its severity, he added.