DCM Shriram CSR Spending up by 11%, Spends Rs. 20.11 crores in FY 2021

The CSR spent of DCM Shriram in 2020-21 has close to 11 % more as compared to the previous year, the company annual report revealed.

Leading business conglomerate DCM Shriram which has a vast business portfolio comprising agri-rural business, chemical manufacturing, has spent a total of Rs 20.11 crores on different Corporate Social Responsibility (CSR) programs in the financial year 2020-21.

This year, the diversified group has surpassed its prescribed CSR budget as per the Companies Act 2013 a little bit by spending an excess of Rs. 3 lakhs.

During the financial year 2019-2020, the company had spent Rs. 18.45 crores as part of its CSR initiatives against a prescribed budget of Rs. 18.41 crores.

According to the company officials, DCM Shriram spent Rs. 20.11 crores in the financial year 2020-21 as part of its CSR initiatives against a prescribed budget of Rs. 20.08 crores.

As per the annual reports of the company, its average net profit for the preceding three years was Rs. 1003.97 crores. Thus, the prescribed expenditure on CSR for the year 2020-21 stood at Rs. 20.08 crores.

According to the company’s annual report, the company spent more than 50 % of its CSR budget on COVID related relief activities including Rs 10 Cr towards contribution to PM CARES. Other major spent areas included: Promoting education, vocation skills, livelihood, Environmental sustainability, Rural development.

In 2020-21, to combat the spread of COVID-19, the company ramped up its efforts in over 100 villages around its areas of operations through digital online messaging, thereby supporting the local administration in amplifying the efforts on prevention of the COVID -19.

DCM Shriram’s CSR works covers education, health care, agriculture/animal husbandry extension, better livelihood skills, and employment. The company’s CSR initiative in villages also provides support to the education of girl children and scholarships to merit students.

Khushali Sehat, is DCM Shriram’s flagship CSR program on preventive healthcare, running since 2010. The program is undertaken in alignment with various government schemes like NURM, JSY, RKSK, and ICDS.

This year, the program worked primarily towards Mother and Child health focusing on Women’s Reproductive Health with an objective to reduce IMR (Infant Mortality Rate) and MMR (Mothers Mortality Rate).

COVID-19 Relief

Created awareness at mass level regarding COVID-19 with a message of ‘stay home, stay safe and maintain social distancing’.

Set-up ‘COVID-19 Control Rooms to ensure that migrants are sensitized. Over 2500 plus migrants were reached out and provided with a sanitation kit.

Donated 1,000 COVID- 19 sampling kits, N95 masks, surgical gloves, and masks to the Hardoi district COVID-19 control centers to help district administration control the pandemic.

Donated over 40,000 masks to Community Health Centers (CHCs) in UP made by the young girls/women of our Silai School (Vocational Skilling Program of DCM Shriram) and the families of our sugar unit employees.

Launched a pilot, across all four sugar units, supported villages with a medical teleconsultation from doctors with the help of our VLWs (Village Level Workers). Promoted teleconsultation in 44 villages in Hardoi and Lakhimpur Districts of UP.

Partnered with Akshaya Patra Foundation and distributed over 1800 POSHAN kits to malnourished adolescents, lactating mothers, and pregnant women to celebrate POSHAN Maah.

Partnered with Tata Trusts to and spread awareness among 5620 women and 3426 girls on MHM through 1100 plus awareness sessions across 44 villages.

DCM Shriram’s Sanitation program called ‘Shriram Swachhagrah’ was implemented in three states, Gujarat, Rajasthan, and Uttar Pradesh, in alignment with the Government of India’s Swachh Bharat Mission and supporting Swachh Vidyalaya Yojana.

The company is running this program since 2014, started from the state of UP and scaled up and replicated in other districts of its operations i.e. Kota and Bharuch. The company recalibrated the Shriram Swachhagraha program post the pandemic from SLTS (School Led Total Sanitation) towards CLTS (Community-Led Total Sanitation) with a focus on ODF+, which is also phase 2 of the Swachh Bharat Mission.

CSR Committee

Ajay S Shriram is the Chairman of the CSR Committee. Other key members include Vikram S Shriram, Ajit S Shriram, Sunil Kant Munjal, Justice (retd.) Vikramajit Sen, and Pravesh Sharma.