The salary of any Tata Steel employee who loses his or her life to COVID will continue to be paid to his or her family till retirement age, that is 60. The Company has also announced that it will pay for the education of such employees’ children till their graduation, within the country, and will continue to provide the family medical and residential facilities.
The monthly salary would be the same as the last drawn salary.
Last week, Tata Motors had announced that it will pay half the basic salary to the families of employees who have lost their lives to COVID. The dependents will keep receiving this payment till the retirement age of the deceased employee. This will be in addition to the one-time payment of 20 months’ basic salary, offered as immediate relief. The Company has lost about 47 employees to the pandemic so far.
Tata Steel had recently announced that it had further increased its daily oxygen supply limit to 800 tonnes to centres where COVID-19 patients are being treated.
The Company has been working closely with the Centre and the state governments to help meet the demand for oxygen and save lives.
According to media reports, Tata Group is also making arrangements to airlift 60 cryogenic oxygen tankers from overseas, of which 14 have already arrived. The Group is working on setting up about 400 oxygen-generating units to be used in smaller towns.