BANK NEWS
Kotak Mahindra Bank Distributes Ration Kits to Daily Wage Workers at APMC Markets
Mumbai: To support the daily wage workers working tirelessly to ensure uninterrupted food supply throughout India during the Coronavirus pandemic, Kotak Mahindra Bank (Kotak) today announced that it is distributing dry ration kits to the workers of the Agriculture Produce Marketing Committee (APMC) markets located at Navi Mumbai, Bengaluru, Hyderabad, Jodhpur, New Delhi and Indore.
The APMC markets are at the heart of ensuring essential food supplies to the different parts of the country. The smooth functioning of APMC markets is heavily dependent on daily wage laborer who on a daily basis tirelessly do loading and unloading of tones of grains, vegetables and fruits, thus ensuring uninterrupted food supply throughout the country. D Kannan, Group President - Commercial Banking, Kotak Mahindra Bank said, “Daily wage laborer are an important part of the food supply chain that delivers vegetables, Fruits and Agri commodities to different parts of the country.
The COVID-19 pandemic has disrupted the normal working of the APMC markets, leading to loss of livelihood for these daily wage workers. Providing dry rations kits is a small contribution from us to acknowledge their ceaseless efforts and help them and their families during this difficult period.”
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