Borosil to give two years of salary to family of staff who died due to COVID-19
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Amid rising new cases of the coronavirus across the country, consumer products brand Borosil has come forward to help the families of their employees who passed away due to Covid-19. The company's managing director Shreevar Kheruka has announced that in the event of an unfortunate demise of any employee owing to Covid, his/her family will be given 2 years of salary.
Sharing the names of the four deceased employees of Borosil Ltd who succumbed to Covid-19, Shreevar Kheruka wrote, "We have lost 4 employees to this dreadful pandemic. Their names are Santosh Chalke, Vijay Shirsath, Tushar Panchal and Shiv Shankar Bisht. The sadness of these losses is indescribable. In order to reassure our employees, we have announced that the family of any employee of Borosil Ltd. and Borosil Renewable Ltd. and their subsidiaries will be given 2 years of salary in the event of an unfortunate demise owing to Covid 19. In addition to this, the education of the children of the employee will be paid till graduation in India."
He added, "The above is no comparison to the scale of the loss, but hopefully will allow the family enough time to process the bereavement and reorient. I strongly believe that the real assets of Borosil are not reflected on our Balance Sheet at all. We need to protect these assets in whatever way we can. I hope this move is a step in that direction. This too shall pass and we will emerge into a better tomorrow." Borosil Ltd and Borosil Renewables Ltd's compassionate gesture was lauded by people.
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