Manappuram Finance Allocates Rs 4 Crore for Wayanad Rehabilitation

Manappuram Finance has announced a financial aid of Rs 4 crore towards rehabilitation efforts in the landslide affected regions of Wayanad. Of this, Rs. 1 crore will be contributed to the Chief Minister’s Disaster Relief Fund and the remaining Rs.3 crore will be utilised for various rehabilitation initiatives under the leadership of Manappuram Foundation, the CSR arm of Manappuram Finance.

The project aims at providing housing and other necessities to the affected people in coordination with government agencies. Commenting on the initiative, VP Nandakumar, MD & CEO of Manappuram Finance stated, "It is our collective duty to help rehabilitate those in need from the severely affected regions of Punchirimattam, Churalmala, and Mundakai. Even as we pay our tributes to the victims, we have already initiated measures to support the survivors and help them rebuild their lives."