Goldman Sachs commits Rs 20 crores to Karnataka’s Covid relief work

American investment banking firm Goldman Sachs on Wednesday committed Rs 20 crore help to Karnataka’s Covid relief activities.

Company representatives who met chief minister BS Yediyurappa, promised to set up 250 beds in four hospitals in Bengaluru to treat Covid patients and procure oxygen concentrators worth Rs 7 crore to distribute in the state.

Of the 250 beds, 30 intensive unit beds will be set up in St John’s Medical College Hospital, 50 beds (five ICU beds) will be installed in Prakriya Hospital, supporting operations and medical staff will be provided to Covid care facility in HAL Hospital and 120 bed high dependency unit will be set up at Narayana Health, according to a press release.

Welcoming the gesture, chief minister BS Yediyurappa appealed to all private companies to join hands with the government to fight the pandemic.

Goldman Sachs Services India head Gunjan Samtani said the MNC has committed Rs 81 crore for Covid relief of which Rs 20 crore is deployed in Karnataka. “We have engaged with United Way to support Covid Care Centres, Intensive Care Units and High Dependency Units in multiple hospitals,” he said.


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