Tata Capital commits to fund the construction of 50 additional homes in Dahanu
India CSR News Network
DAHANU: Tata Capital, the financial services arm of the Tata group, in partnership with Habitat for Humanity India has built 40 new homes aimed at enhancing the lives of 200 people from the low income group adivasi community living in Dahanu,Maharashtra. The handover of 40 homes was carried out today at Dahanu by R. Vaithianathan, Managing Director – Tata Capital Housing Finance Limited and Mr. Mukul Dixit, Senior Director – Programmes and Operations, Habitat for Humanity India.
Access to safe and affordable housing has always been a key focus area for Tata Capital. Most tribals in the Dahanu block live in kuchha houses which are in a dilapidated condition and on the verge of collapse. These families do not have the resources to build, repair or improve their houses. Tata Capital and Habitat for Humanity India are committed to improving community life by providing shelter and support to this tribal group. The pucca houses built to support this community will help improve the health status and self-esteem of these families by giving them ownership of an asset. The children of these 40 families will also benefit from a healthier environment to play, learn and grow up in and will be motivated to attend school regularly.
The newly built pucca homes are constructed using bricks as the foundation, have one living room, a kitchen and a bathroom. This initiative by Tata Capital and Habitat for Humanity India is aligned with the Government of India’s ‘Housing for All’ and ‘Swachh Bharat Abhiyan’ schemes launched by the honourable Prime Minister Shri Narendra Modi, to build adequate shelter for all and to make India free of open defecation.
Speaking about the initiative, Rajan Samuel, Managing Director, Habitat for Humanity India said, “A large part of India lives in extreme poverty. A decent home opens the door to improved health, better performance in school, greater economic opportunities and increased community cohesion. Habitat for Humanity India has been a catalyst for such transformations. We aim to re-build the lives of these Adivasi families in Dahanu by giving them access to improved shelter and sanitation. We are thankful to Tata Capital for partnering with us.”
Gracing the occasion, R. Vaithianathan, Managing Director – Tata Capital Housing Finance Limited said, “The government’s ‘Housing For All’ scheme under the Pradhan Mantri Awas Yojna aims to provide affordable housing to the poor by 2022. We are determined to help achieve this goal and are pleased to be involved in this project with Habitat for Humanity, which endeavors to empower these tribal families with permanent homes. We recognize the need for building new homes for needy individuals in these areas. After witnessing the positive impact, we are pleased to announce that we have made a commitment to support the construction of additional 50 houses for the tribal families in Dahanu.”
Govind Sankaranarayanan, Chief Operating Officer – Retail Business & Housing Finance said, “Tata Capital has a wide portfolio of retail finance offerings catering to the varied needs of our diverse set of customers. The housing project in Dahanu is a unique initiative we have undertaken, in line with our endeavour to ‘do right’ and give back to society while supporting the Government’s vision of ‘Housing for All by 2022’. We are pleased to have lent a helping hand and look forward to provide more opportunities of home ownership.”
Avijit Bhattacharya, Chief Human Resources Officer, Tata Capital said, “Creating enriching & sustainable livelihoods has been the bedrock principle of Tata Capital’s CS policy and is in line with the Company’s brand promise to ‘Do Right’ by giving back to the society. The Dahanu housing project, initiated in October 2016, has helped improve the lives of the tribal families in the region by providing them with adequate shelter and a sanitation unit. We are pleased to support the Habitat for Humanity team in this project and will continue to improve the lives of similar communities across the country through various CS initiatives.”