Dalmia Bharat and NABARD Promote watershed development in Andhra Pradesh

0
792

KADAPPA: Taking a definitive step forward for the development of the local community, Dalmia Bharat Group Foundation (DBGF) signed a Memorandum of Understanding (MoU) with the National Bank for Agriculture and Rural Development (NABARD) recently.

The five-year project under the Government’s ‘Participatory Integrated Watershed Development’ project will cover watershed area of 4,000 hectares benefitting nine villages in Kadappa district’s Mylavaram Mandal.

The MoU was signed between Jiji Mammon, Chief General Manager, NABARD and Prasant Tripati, Group Head, Manufacturing, Dalmia Cement Bharat Ltd (DCBL). Also, present at the occasion were Anil Bajaj, Executive Director, (DCBL), Kadapa Plant and Vishal Bhardwaj, Associate Executive Director, CSR, Dalmia Bharat Group.

Vishal Bhardwaj, said, “This step will further strengthen our association with NABARD in the area of watershed management and rural development. The shared vision of our two institutions will pave the way for community growth in the project area.”

The total cost of the project is Rs. 5 crore, of which NABARD and community’s share is Rs 3.16 crore. This initiative aims to recharge groundwater, prevent soil erosion, improve soil moisture for higher agro productivity, promote bio mass and improve livelihoods overall.

 

Please follow and like us:

Comments

comments

SHARE
Previous articleConcentrix India partners with Love Care Foundation to support Jammu & Kashmir relief work
Next articleNew Book Launch: Agents of Change by Sumantra Sen
India CSR Network
India CSR Network is India's biggest and most trusted news portal in the domain of CSR & Sustainability. India CSR welcomes stories, statements, updates, reports on issues that interest you. Feedback, comments will make it more purposeful and resourceful. It is designed and maintained by India CSR Group. Contents are non-fiction. Though all efforts have been made to verify the accuracy, the same should not be construed as a statement of law or used for any legal purposes. In case of any ambiguity or doubts, readers are advised to verify with the source(s). Statement, articles, views and contributions can be sent to editor@indiacsr.in