Tata Capital, the financial services company of the Tata Group has undertaken a series of professional development projects in rural Maharashtra, Tamil Nadu and Jharkhand. The objective of the project is to rehabilitate and provide employment opportunities across communities in the three states.
Under its CSR initiatives, Tata Capital’s projects are ‘The Green Switch Project’ and ‘The JalAdhaar Project’. The Green Switch project focuses on climate change sustainability, health, skill development, education and entrepreneurship while the JalAdhaar project is aimed at exclusively providing clean and potable water resources to the local rural communities. The project promotes technological integration and community participation.
Both these projects are currently active in Maharashtra, Tamil Nadu and Jharkhand with plans to expand them further in the coming years.
Speaking about the initiatives, Sridhar Sarathy – SVP, CSR, Tata Capital said, “Tata Capital is committed to transforming the underprivileged in a way that it impacts local communities and their ecosystem. Our collaborative approach in working with NGOs and leveraging technology has played an important role in empowering people to learn new skills to create a healthy and sustainable environment for the future. We will continue to drive our efforts in making a meaningful difference to lives and livelihoods as we expand our CSR projects across India.”
Since 2017, The Green Switch Project has benefited 27 hamlets, 5,000 households, over 10,000 people, four districts in two states — Maharashtra and Jharkhand. The project has also installed a power generation unit of 205 kWp.
For the JalAdhaar projects, Tata Capital has covered additional 25 hamlets, treated 6,500 hectares of farmland and benefited 3,600 farmer families.
Over the last four years since these projects have been deployed, 80 per cent of these communities belonged to affirmative action groups. Tata Capital’s NGO partners are – BAIF Institute of Sustainable Livelihood Development (BISLD), National Agro Foundation, Keshav Shrushti, Sevavardhini and Gram Oorja.
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