Mankind Pharma MD donated Rs 250 cr for Covid relief due to miscalculation
Mankind Pharma MD donated Rs 250 cr for Covid relief due to miscalculation
Rajeev Juneja, Managing Director of Mankind Pharma stated that they ended up donating around ₹250 crore, which was 10 times more than what we had initially pledged.
“After a family debate, we recognized our abundance and decided to contribute ₹21 crore. However, my son, considering our substantial business, urged us to give more, especially after learning about Akshay Kumar’s ₹50 crore donation. His insistence led us to promptly increase our contribution,” he added.
Juneja said that the company had announced that they would give a certain amount on the death of any chemists, police officers, nurses or doctors.
“We understood that doctors and nurses were dying and we started calculating estimates. However, due to miscalculation, the estimated donation amount had one less zero than the actual amount we donated.
What we had pledged, we had to donate 10x more. So we ended up giving around ₹ 250 crore at that time. We gave without any expectation. But we got so much love and appreciation for that. It was all unexpected. It happened just like that. Something big happened out of a mistake,” he told the host of a show recently.
He highlighted that a successful businessman should be empathetic and compassionate. “We lost many of our people during Covid. We gave 13 years of salary to the families of employees we lost during the pandemic. If you call them your family members, if you love them, then you ought to do something. At Mankind, we believe that one should not express grief only through words, we should participate in it. This is our company’s culture. If someone is in trouble, everyone will contribute,” Juneja added.
