Mazagon Dock Shipbuilders spends Rs. 13.65 Cr towards CSR activities during FY 2016-17

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MUMBAI: Mazagon Dock Shipbuilders Ltd (MDL), a public sector enterprise (PSU) under Ministry of Defence has spent Rs 13.65 Crore towards CSR activities during FY 2016-17 out of its total CSR budget of Rs 15.20 Crore as per Companies Act, 2013, Annual Report for 2016-17 revealed.

Corporate Social Responsibility & Sustainability Development is Company’s commitment to its stakeholders to conduct business in an economically, socially and environmentally sustainable manner, company said in its website.

CSR Spending (Rs.) Year
4.9 Cr 2015
11.60 Cr 2016
13.65 Cr 2017

 

CSR spending in accordance with our corporate social responsibility and sustainability policy.

“Corporate Social Responsibility & Sustainability Development is Company’s commitment to its stakeholders to conduct business in an Economically, Socially and Environmentally Sustainable manner.”, Annual Report said.

“Your Company is committed to undertake various programs for integrating social and business goals in a sustainable manner to create social impact through inclusive growth activities to bring about visible impact in particular and society at large. In this regard, your company has adopted Corporate Social Responsibility & Sustainability Policy as part of its compliance of Section 135 of the Companies Act 2013 and Rules framed there under.”, it added.

“The CSR Budget of your company for 201617 is Rs. 15.20 crores (2% of average net profit of previous three FYs as per Companies Act, 2013).”, report said.

“Your Company has spent Rs. 13.65 Crores towards CSR activities during FY 2016-17 and an amount of Rs. 1.55 Crores remain unspent as number of project/ programs could not commence due to various reasons viz. delay in getting approvals from govt authorities, non-submission of scope of work by NGO and delay in executing commercial process by implementing agency.”, further added.

Key CSR Activities

MDL’s CSR activities include various types of projects in sectors such as Education, Health & Sanitation, Skill Development and Village Development in line with schedule VII of the Companies Act. Major Projects being undertaken in FY 2016-17 are:

In the Education sector, major projects supported by MDL includes projects like Support to Residential Tribal Girls’ School at Kharade Gram Panchayat in Thane district through ABM Sanstha, Creation of 10 Child friendly village through BAL Ashram Trust at Viratnagar in Rajasthan, providing mid day meal to 3148 students in 11 Govt. Schools in Surat district through Akshay Patra Foundation.

Further MDL has continued its Support to Mentally deficient Children through Children Aid’s Society at Mankhurd, Mumbai. MDL has also undertaken Infrastructure Up-gradation of Bhonsala Military School at Nagpur through construction of cadet’s mess (1000 student capacity) at the school.

Under the Village Development Project, MDL is supporting the adoption of village Kharade in Shahapur Taluka of Thane district for overall development to transform it into a model village.

The project includes Installation of solar light, community center, providing potable drinking water, Improving sanitation & Waste Management, setting up e-learning module at Zilla Parishad Schools, Creating Self Help Groups for employment generation and Agriculture Development through implementing partner M/s. Karve Institute of Social Service, Pune.

Under Health & Sanitation sector, MDL had undertaken projects like Renovation of NICU facility at KEM Hospital, Mumbai, Support & Counseling of cancer patients at 9 cancer hospitals in different states, Vision Restoration of 5000 patients through Cataract Surgeries in Raigad & Thane district, Support to 20 children for Cochlear Implant to address hearing impairment and distribution of assistive aids to 450 PWDs in Maharashtra. Under Sanitation sector, MDL constructed 44 individual toilets at Kharade village along with construction/ repair of toilet blocks in 08 Govt schools and awareness generation activities.

MDL has also undertaken, construction of Community Toilet Block at Jai Bheem Nagar, Mumbai and cleanship of area around MDL. Further, MDL had contributed Rs. 100 lakhs each towards Swachh Bharat Kosh & Clean Ganga Fund.

Under Skill Development program MDL has adopted ITI at Chikhaldhara, District Amravati for overall development of the institute. MDL supported projects with NHFDC and CIPET for vocational training of 1000 PWDs and 80 youths respectively. Under the Apprentice Training Program, MDL has supported training of 300 youths through the in-house Apprentice Training School.

Under the Drought Mitigation project in Beed district (Marathwada), MDL supported project for de-silation of water bodies and plantation of 33,000 trees along with other initiatives like Livestock support and livelihood initiatives.

(CopyRight@IndiaCSRNetwork)

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