19:59 GMT24 June 2021
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    Payroll data from the Employees' Provident Fund Organisation has revealed that India's younger workforce was the worst hit by the pandemic, with those aged 25 or under among the most affected. There was a drop in the net payrolls for three age groups, under 18, 18-21, and 22-25, while those between 25-35 saw a growth in payroll additions.

    As the deadly second wave of coronavirus unleashed mayhem in India, with COVID-19 fatalities mounting to over 4,000 per day, companies across various sectors stepped in to lend help and hope to their employees.

    Ratan Tata, India's most trusted billionaire, established a set of standards for corporations to follow when Tata Steel, part of his multinational conglomerate, announced that the families of his employees, who die due to COVID-19, will continue to get a salary until the retirement age of the deceased.

    Tata Steel rolled out a social security scheme for its employees on 23 May, as the country was battling the devastating second wave of the virus. Under the scheme, the nearest kin of an employee who dies of COVID, will get the last drawn salary until the age of 60, with housing and medical benefits.

    Besides this, Tata Steel promised to bear all the expenses of their children's education up until graduation in India.


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    India, Reliance Industries Ltd, Tata Group
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