Manorama Industries shows its powerful CSR commitment towards sustainable development with a notable investment of Rs. 62.35 lakh.
Manorama Industries Limited, a leading edible oil manufacturer, has a strong commitment to corporate social responsibility (CSR). Commitment to fulfilling its CSR obligations by undertaking various projects and activities that promote social and environmental well-being is commendable. The company has spent a significant amount of money on various health care, education, food, and rural development-related CSR projects during the financial year. The company’s CSR programs have a positive impact on the communities it operates in, and its geographical coverage is extensive, covering a wide range of geographical areas and populations.
CSR Initiatives
The initiatives undertaken by Manorama Industries Limited as part of its CSR policy include providing fair prices to tribal and forest communities, supporting supplier communities, participating in skill development programs for rural and underprivileged classes, organizing social welfare initiatives, and providing health and sanitation assistance in rural communities. The company has also obtained Sa 8000 and undertaken a Sedex Smeta four pillar audit to enhance its social responsibility practices.
Employee Well-being and Inclusivity
Manorama Industries Limited is committed to promoting the well-being of its employees and has implemented various engagement activities, internal and external trainings, and safety training programs to ensure a healthy and inclusive work culture.
Amount Spent on CSR Activities
According to the company’s ANNUAL REPORT 2021-22, Manorama Industries Limited has spent 2% of net profit after tax on CSR activities during the financial year 2021-22. The activities in which expenditure has been incurred include promoting health & medical care, eradicating hunger & poverty, rural development, and education.
CSR Programs Undertaken by the Company
Manorama Industries Limited has undertaken projects to eradicate hunger, poverty, and malnutrition, promote education, enhance vocational skills, employment and livelihood, distribute PPE kits, sanitizers, masks, and other related equipment to prevent COVID-19, and facilitate rural development through digging ponds and bore wells. The company did not spend any amount on administrative overheads and impact assessment for the financial year.
Geographical Coverage of CSR Programs
The company’s CSR programmes are carried out in various districts of Chhattisgarh, including Raipur, Mahasamund, Bastar, Ambikapur, Kanker, Pendra, Surguja, Pathalgaon, Jashpur, Kondagaon, Dantewada, Jagdalpur, Narayanpur, Dhamtari, and Gariyaband. These districts cover a wide range of geographical areas and populations, including rural areas and forest dwellers. The company’s CSR initiatives in these areas aim to promote education, eradicate hunger, poverty and malnutrition, enhance vocational skills, promote healthcare, and facilitate rural development through various activities.
(Copy Right @ India CSR)
