• India CSR Awards 2025
  • India CSR Leadership Summit
  • Guest Posts
Wednesday, November 12, 2025
India CSR
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
        • Festivals
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers
No Result
View All Result
India CSR
No Result
View All Result
India CSR Awards
ADVERTISEMENT
Home Interviews

We Have Spent Over 10% of Our Profit in CSR: Shaifalika Panda, CEO, Bansidhar & Ila Panda Foundation

Shaifalika Panda on Empowering Communities through CSR: Insights from the CEO of BIPFI and Chief of CSR at IMFA

India CSR by India CSR
May 22, 2016
in Interviews
Reading Time: 10 mins read
Worlds Largest CSR_Media_IndiaCSR
Share Share Share Share
WhatsApp icon
WhatsApp — Join Us
Instant updates & community
Google News icon
Google News — Follow Us
Get our articles in Google News feed

Words Rusen Kumar

NEW DELHI (IndiaCSR): Shaifalika Panda is the Chief of CSR (Special Initiatives) of Indian Metal & Ferro Alloys Ltd. (IMFA) and CEO, Bansidhar & Ila Panda Foundation (BIPFI). The BIPF is the social arm of IMFA was set up with a mission of enabling lives of the marginalised groups through sustainable and scalable initiatives. The foundation works in the verticals of Education, Water & Sanitation, Skill Development, and Health Initiatives with a special focus on women & children development.

In an exclusive interview with Rusen Kumar, Managing Editor of India CSR; Shaifalika Panda, Chief of CSR (Special Initiatives) of IMFA and CEO of BIPFI shared her vision on CSR and recent development of CSR in the organization. She said that her organization has spent over 10% of profit for CSR and she expects that this year the spending will be significantly higher.

Here are the edited excerpts of the interview:

Tell us about Indian Metal & Ferro Alloys Ltd – IMFA Journey and business philosophy?

Indian Metal & Ferro Alloys Ltd. (IMFA) set up in 1961 is today India’s largest, fully integrated producer of Ferro alloys, straddling the value chain from mining to smelting. Its 187 MVA installed furnace capacity is backed by 258 MW captive power generation and extensive chrome ore mining tracts. Our operations are certified to international standards covering quality management, environment and occupational health & safety.

We adhere to the highest ethical standards and take great pride in being a reliable partner for all stakeholders; be it our customers, our employees or the communities in which we operate. For us it is always principles before profit and people before business.

Can you discuss your company’s CSR journey? 

Dr. Bansidhar Panda, the founder of IMFA, left a promising career abroad and came back to his home-state to set up an industry in one of the remotest corners of Odisha in the erstwhile district of Koraput, with a concept of inclusive growth. As the operations grew, so did the community initiatives. Starting with providing basic necessities like water sources and sanitary facilities way back in the 1960s, we had scaled up our community initiatives by setting up a KG to 12th English medium CBSE School, an Industrial Training Centre and dispensaries, by the 70s and 80s. Our founders have always believed that we should coexist with the communities and their effort continues to inspire us in “touching lives beyond business”.

Brief our readers about Bansidhar & Ila Panda Foundation and its mission.

The development landscape calls for collective action. Thus in 2011 IMFA set up the Bansidhar & Ila Panda Foundation with a mission to enable lives of the marginalized groups by implementing Sustainable & Scalable Interventions through strategic partnerships and multi sectorial approach. The foundation focuses on Education, Skill Development, Water & Sanitation, Healthcare and Women’s Empowerment.

What is the implementing method of CSR?

Each project is meticulously planned with time bound goals after mapping community needs.  Every aspect is approached with business-like professionalism. An experienced team, a robust governance (with implementation methodology and regular monitoring and evaluation) and a community partnership approach ensures transparency and efficient execution of all our interventions. Higher impact and sustainable growth remains our priority. To maximize impact in certain areas we have also entered into strategic partnerships with national & International NGOs as well as government agencies.

Do you have CSR Committee as per provision of the Law?

We have a Corporate Social Responsibility Committee as per provision of the Law. Our Board of Directors, CSR committee, management team and all employees subscribe to the Corporate Responsibility Policy. The CSR cell is headed by a Chief of CSR (Special Initiatives), responsible for planning out the annual agenda. The progress of implementation of these projects is reviewed every quarter by the CSR committee which reports to the Board.

What is your CSR team strength?

We have a team comprising of 30 qualified professionals. We also hire large no of community mobilizers at the ground level to implement programs and facilitate communication.  In addition to this IMFA employees also contribute their time towards CSR projects.

What are key CSR projects initiated at plant locations?

We have various ongoing CSR project is different locations. Let me briefly highlight some of successful projects.

Project Arogya Dhara-Preventative and Curative healthcare

  • Health services through dispensaries at sites
  • Periodical Health Camps in remote areas
  • VHN Days and Information dissemination for improved Maternal & Child health.
  • Awareness programmes for adolescents
  • Building infrastructure for health facilities (especially for women)

Project Su-Swasthya-Ensuring Safe Drinking Water and Sanitation

  • Creating awareness to stop open defecation through CLTS (Community Led Total Sanitation) approach
  • Periodic Awareness sessions to educate community members & school children about safe drinking water & sanitation.
  • Tube wells & Piped water supply facilities in targeted villages
  • Toilets for communities and schools in rural areas for increased attendance

Project Sakshyam: Creating skilling and employment opportunities for youth

  • Therubali Industrial Training Centre offers vocational training for Electrician, Welder, and Fitter etc.
  • Empanelled with MoRD for conducting DDU-GKY Skill Program
  • Successfully running the Skill centers at Choudwar, Cuttack dist. for Sewing Machine Operators & at JK Pur, Rayagada dist. for Electrical, Fitter &Turner

Project Adhyayan: Education for All

  • Chinmaya Vidhyala Therubali, an English medium CBSE School
  • Prof. Ghanashyam Dash Scholarship for Higher Education to meritorious students
  • Support to tribal schools in districts of Keonjhar, Jajpur & Cuttack
  • Infrastructure support to schools in remote areas to prevent school dropouts & ensure regular attendance
  • Study material support for increased attendance at schools in tribal areas

How Project Unnati is empowering the women in Odisha?

‘UNNATI’ is a Self Help Group model which empowers women through financial and social inclusion. It follows a unique method of integrating financial training (savings & credits) & livelihood capacity building with life-skill trainings (on education, gender, health issue, WASH etc). The aim is to transform the lives of these women. To give them a voice in household decision making once they become an earning member thanks to their livelihood skills. Life skills training also helps guide their families to spend on important issues like health, education and hygiene. This project was recognized as a best case practice by GBC Health, New York in private sector engagement in India in 2013. Currently Project Unnati is being successfully carried out in Angul, Jajpur and Keonjhar districts of Odisha.

What are the key objectives of carrying such projects? 

We believe in inclusive growth. Hence the key objective is to achieve capacity building of the community. For growth to be sustainable it is imperative for the community to take ownership of their programs. The aim is to ensure quality of life – creating healthy not just happy families; providing dignity not just access to basics; and offering opportunities not just financial aid.

What are the communication strategies to inform stakeholders at IMFA?

I believe that communication is key to change. The more the stakeholders know about our programs the larger our reach becomes. In- house communication programs update all our employees as well as inspire more employee volunteers. We take pride in highlighting our projects through our quarterly newsletter and the BIPF Website. We also disseminate information through regular modes of communication via print & electronic media, Facebook, YouTube, etc. Our Annual Panel discussions involves all stakeholders wherein we invite experts from different sectors to deliberate upon our focus areas as well as on pressing social issues.

What is the aim of Shambhavi Puraskar?

The aim of Shambhavi Puraskar is to highlight the achievements of silent heroes who carry on social work undaunted by the enormity of the challenges and inspire others to follow in their footsteps. In a world that faces multiple challenges, we need many more of these extraordinary people who work towards transforming lives around them. Just like the IMFA instituted Sarala Award for Odia Literature and Ekalabya Puraskar for Sports – two of the most prestigious awards in the state- the Shambhavi Puraskar by BIPF is the first of its kind in Odisha which recognizes emerging social catalysts thereby encouraging more citizens to act as agents of change.

What is your annual CSR budget? 

Our budget is based on activities we carry on year after year including our Chinmaya Vidhyalaya School, ITI Centers, Therubali Industrial training Centre, Community Dispensaries and our Women & Child interventions at various locations. In 2014-15, we have spent over 10% of our profit and this year the spending will be significantly higher given our commitment to the new ITI at Sukinda starting in August 2016.

As co-chairperson of FICCI Young Leaders what role you are playing?

FICCI Young Leaders was set up to involve young business leaders to influence policy decision at the highest level – the findings and conclusions are reported to the FICCI Executive Committee.  FYL is a platform to engage youth across sectors and undertakes several programs like the Leadership Talk Series through CDs, held in universities like IIM, XIMB, Delhi University etc.; Young Tech Entrepreneurs wherein companies collaborate, share and exchange ideas with mentors like Narayan Murthy and Nandan Nilekani with the objective of increasing the growth trajectory of their business; and putting together knowledge papers. Keeping the focus on CSR I have been involved in a knowledge paper with Accenture on Organising for Success on Corporate Responsibility: the path to high performance.

About Shaifalika Panda: Shaifalika Panda is a Trustee and the Chief Executive Officer of Bansidhar & Ila Panda Foundation, the social development arm of Indian Metals & Ferro Alloys Ltd (IMFA; estd 1961). She quit a successful business career to pursue her keen interest in social causes and joined IMFA as Chief of CSR (Special Initiatives) with a mandate to bring about a greater focus to the company’s CSR activities, particularly through sustainable initiatives. She spearheaded the formation of the Bansidhar & Ila Panda Foundation with a vision to engage, educate and empower the most vulnerable communities to achieve socio-economic transformation.

Personifying her profound commitment to improving the condition of women, she is responsible for developing the framework of BIPF’s Unnati Project, an integrated self-help approach covering finance, livelihood, health, nutrition, sanitation and hygiene that aims at teaching women to build capacity to handle their economic and social challenges themselves.

Shaifalika graduated with honours cum laude with a dual degree in Marketing and International Management from the School of Management, Boston University, United States. Having followed her calling into the social development field, she then went on to get a Diploma in Corporate Social Responsibility and Sustainability from the Swedish Institute, Stockholm.

Shaifalika is co-chairperson of FICCI Young Leaders and serves on the advisory board of FICCI-Social Economic Development Foundation and The Learning Matters Teachers Training Institute. In her personal capacity she has also set up Awaaz Foundation to do charitable work including in partnership mode with the Municipal Corporation of Delhi.


You may also like:

  • Sustainability is an Evolving Journey for Cairn: Sudhir Mathur, Chief Financial Officer of Cairn India
  • SKF Solar Mission Targets CO2 Emission Reduction Upto 4000 Metric Tons by 2017
  • BT Sustainability Strategy is Focused on Using Power of Communications to Make a Better World: Niall Dunne, Chief Sustainability Officer
  • Our Eco Smart Toilet Addresses the Sanitation Needs and We Are Proud of It – Amit Mittal, CMD A2Z Group
  • We Have Supplied 20,000 Readymade Toilets on No Profit – No Loss Basis: Ramdas Mansing Mane, Chairman, Mane Group
CSR Leadership Summit
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT
India CSR Image 1 India CSR Image 2
Tags: CSR in IndiaCSR InterviewCSR Interview by Rusen KumarIndian CSRIndian Metal & Ferro Alloys LtdRusen KumarShaifalika Panda

CSR, Sustainability, and ESG success stories
India CSR

India CSR

India CSR is the largest media on CSR and sustainability offering diverse content across multisectoral issues on business responsibility. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting.

Related Posts

Brijesh Agarwal, Co-Founder of IndiaMART InterMESH Limited
Interviews

Driving Education and Skill Development Through CSR: An Interview with Brijesh Agarwal of IndiaMART

2 days ago
BSF DIG Hails United Sikhs' 'Mahan Seva' for Flood Victims
Social Sector

BSF DIG Hails United Sikhs’ ‘Mahan Seva’ for Flood Victims

1 week ago
Actress Eesha Agrawal Attended in the Run for Unity 2025, Organized in Honor of Sardar Vallabhbhai Patel
Social Sector

Actress Eesha Agrawal Attended in the Run for Unity 2025, Organized in Honor of Sardar Vallabhbhai Patel

2 weeks ago
Ritu Prakash Chhabria, Managing Trustee and Co-founder of the Mukul Madhav Foundation (MMF)
Interviews

Redefining CSR with Compassion: An Interview with Ritu Prakash Chhabria of Mukul Madhav Foundation

2 weeks ago
Kashiish A Nenwani, Director, Shivtek Spechemi Industries Ltd
Interviews

Empowering Women and Strengthening Communities: An Interview with Kashiish A Nenwani, Director of Shivtek Spechemi Industries

2 weeks ago
Mumbai Schools to Benefit from Digital Learning Ecosystem
Interviews

Satish Jha: Bridging Education and Technology Through Ashraya’s Human-Centered Innovation

4 weeks ago
Load More
16th CSR Leadership Summit 2025
ADVERTISEMENT
India CSR Awards
ADVERTISEMENT
India Sustainability Awards 2026
ADVERTISEMENT

LATEST NEWS

India’s IPO Boom Continues in 2025: Retail Investors Drive Record Listings Amid Market Volatility

CSR: UNIQLO Donates 10,000 HEATTECH Thermals to Senior Citizens in India

Floraz: Creating Wonders Across the Nation

Shravan Gupta’s Evolutionary Journey from Traditional to Green Real Estate

Jaaikaran Chanana: A Beacon of Hope for 2025

Dr. Rajeev Singh — One of India’s Top Pain Specialists; Patients Heal Instantly at His Touch! Even Govinda Has Praised His Work

Ad 1 Ad 2 Ad 3
ADVERTISEMENT
ESG Professional Network
ADVERTISEMENT

TOP NEWS

Driving Education and Skill Development Through CSR: An Interview with Brijesh Agarwal of IndiaMART

Explosion Near Delhi’s Iconic Red Fort Kills Eight, Injures Dozens in Apparent Car Blast

Vice President of India Calls for Nation-Building Through Education at SRM University Haryana’s 3rd Convocation

When School Becomes Home: The Transformative Power of Nurturing Learning Spaces for First-Generation Learners

Floraz: Creating Wonders Across the Nation

Jamnalal Bajaj Foundation to Felicitate Gandhian Warriors 2025

Load More
STEM Learning STEM Learning STEM Learning
ADVERTISEMENT

Interviews

Brijesh Agarwal, Co-Founder of IndiaMART InterMESH Limited
Interviews

Driving Education and Skill Development Through CSR: An Interview with Brijesh Agarwal of IndiaMART

by India CSR
November 10, 2025

Driving Social Impact Through Education: An Interview with Brijesh Agarwal of IndiaMART

Read moreDetails
Ritu Prakash Chhabria, Managing Trustee and Co-founder of the Mukul Madhav Foundation (MMF)

Redefining CSR with Compassion: An Interview with Ritu Prakash Chhabria of Mukul Madhav Foundation

October 28, 2025
Kashiish A Nenwani, Director, Shivtek Spechemi Industries Ltd

Empowering Women and Strengthening Communities: An Interview with Kashiish A Nenwani, Director of Shivtek Spechemi Industries

October 27, 2025
Mumbai Schools to Benefit from Digital Learning Ecosystem

Satish Jha: Bridging Education and Technology Through Ashraya’s Human-Centered Innovation

October 18, 2025
Load More
Facebook Twitter Youtube LinkedIn Instagram
India CSR Logo

India CSR is the largest tech-led platform for information on CSR and sustainability in India offering diverse content across multisectoral issues. It covers Sustainable Development, Corporate Social Responsibility (CSR), Sustainability, and related issues in India. Founded in 2009, the organisation aspires to become a globally admired media that offers valuable information to its readers through responsible reporting. To enjoy the premium services, we invite you to partner with us.

Follow us on social media:


Dear Valued Reader

India CSR is a free media platform that provides up-to-date information on CSR, Sustainability, ESG, and SDGs. We need reader support to continue delivering honest news. Donations of any amount are appreciated.

Help save India CSR.

Donate Now

Donate at India CSR

  • About India CSR
  • Team
  • India CSR Awards 2025
  • India CSR Leadership Summit
  • Partnership
  • Guest Posts
  • Services
  • ESG Professional Network
  • Content Writing Services
  • Business Information
  • Contact
  • Privacy Policy
  • Terms of Use
  • Donate

Copyright © 2025 - India CSR | All Rights Reserved

india csr summit
REGISTER NOW
No Result
View All Result
  • Home
  • Corporate Social Responsibility
    • Art & Culture
    • CSR Leaders
    • Child Rights
    • Culture
    • Education
    • Gender Equality
    • Around the World
    • Skill Development
    • Safety
    • Covid-19
    • Safe Food For All
  • Sustainability
    • Sustainability Dialogues
    • Sustainability Knowledge Series
    • Plastics
    • Sustainable Development Goals
    • ESG
    • Circular Economy
    • BRSR
  • Corporate Governance
    • Diversity & Inclusion
  • Interviews
  • SDGs
    • No Poverty
    • Zero Hunger
    • Good Health & Well-Being
    • Quality Education
    • Gender Equality
    • Clean Water & Sanitation – SDG 6
    • Affordable & Clean Energy
    • Decent Work & Economic Growth
    • Industry, Innovation & Infrastructure
    • Reduced Inequalities
    • Sustainable Cities & Communities
    • Responsible Consumption & Production
    • Climate Action
    • Life Below Water
    • Life on Land
    • Peace, Justice & Strong Institutions
    • Partnerships for the Goals
  • Articles
  • Events
  • हिंदी
  • More
    • Business
    • Finance
    • Environment
    • Economy
    • Health
    • Around the World
    • Social Sector Leaders
    • Social Entrepreneurship
    • Trending News
      • Important Days
      • Great People
      • Product Review
      • International
      • Sports
      • Entertainment
    • Case Studies
    • Philanthropy
    • Biography
    • Technology
    • Lifestyle
    • Sports
    • Gaming
    • Knowledge
    • Home Improvement
    • Words Power
    • Chief Ministers

Copyright © 2025 - India CSR | All Rights Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.