REC to Give Rs.1.63 Crore to Dr. Reddy Foundation for Livelihood Advancement of the Rural Youth

0
53

Mega CSR Conference in Mumbai on 9 May 2012
(A Conference in Support of Business Sustainability)
Date: 9th May 2012
Venue: Ramada Plaza Palm Grove, Juhu Beach, Mumbai.
Last Date of Registration: 15 April 2012
For more information please write : info@indiacsr.in
Conference Contact : (0) 99810 99555 (Rusen Kumar)
For detailed information: http://www.conference.indiacsr.in/index.php

INDIA CSR News Network

NEW DELHI: Rural Electrification Corporation Limited (REC) signed a MoU with Dr.Reddy Foundation (DRF)  for the generation of livelihoods through “REC-DRF-LABS” (Livelihood Advancement Business Schools) for training of 2400 rural-semi urban youth from economically weaker sections leading to their gainful employment. REC will be giving an assistance of Rs.1.63 Crore to Dr.Reddy Foundation (DRF) under this CSR initiative, in the first year.

On this occassion Rajeev Sharma, CMD REC and other senior executives, Vinod Behari, Executive Director HR-CSR signed MoU with Jeetendra Kalra, CEO, Dr. Reddy Foundation.

The project aims at providing skill development leading to livelihood and gainful employment to nearly 12000 youth largely from weaker section of society such as Below Poverty Line (BPL) etc. over a period of 5 years with an assured funding support of Rs.10 Crores approximately. The states chosen for the purpose are Chhattisgarh, Jharkhand, Eastern UP, Bihar, West Bengal and Odisha.

Comments

comments

SHARE
Previous articleNew Exhibition and Conference to Boost CSR Activities in India
Next articleKingfisher failed due to bad governance: Veerappa Moily
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