Coimbatore: In a landmark development for education in the region, AliceBlue Financial Services Private Limited, donated Rs 1.5 Crores under the Namma School Scheme to an Erode government school. The significant contribution aims to elevate the educational infrastructure, enhance learning resources, and create a more conducive environment for both students and educators.
Corporate Social Responsibility Initiative by Alice Blue
Against the total requirement of 21 classrooms, the Senior Secondary School only has 12. So under the Corporate Social Responsibility (CSR), Alice Blue expressed its willingness to construct nine classrooms, toilets, and compound walls for the school, and approvals were obtained from authorities concerned.
Foundation Stone Laying Ceremony
The foundation stone was laid on 24th December 2023, with the presence of M. Sidhavelayutham, the company’s Chief Executive Officer, who is a native of Poondurai Semur village in Modakkurichi taluk, school headmaster N. Rajesh, officials from Samagra Shiksha scheme department, Parents Teachers Association president Subramanian, School Management Committee president Mahalakshmi, Councillors, and parents.
AliceBlue’s CEO Announcement
Commenting on the occasion, M. Sidhavelayutham, AliceBlue’s Group Chief Executive Officer, said, “I am delighted to announce that AliceBlue, in alignment with our commitment to fostering positive societal change, has donated Rs 1.5 Crore to support the development of the school. Education is a cornerstone for progress, and we believe in empowering future generations through access to quality learning environments. We hope that this contribution results in the betterment of communities, and plays a pivotal role in shaping a brighter future for the students and the region as a whole.”
Previous Contributions by AliceBlue
In April 2023, AliceBlue also donated smart boards, computers, printers, and other items to 32 government schools in the district, all at a total cost of around Rs 1.5 crore.
Impact of Namma School Scheme
The Namma School Scheme, with its mission to bring about positive change in government schools, has been a driving force behind several impactful initiatives across the country. This donation to the Erode government school underscores the scheme’s commitment to fostering educational growth and uplifting communities through accessible and high-quality education.