Mumbai – Diversified natural resources company, Vedanta Ltd runs various projects to help the communities to take step towards a more equitable future through women empowerment.
The company recognises the need of empowering women and is associated with around 35,000 women out of which 3,600 women have started their own micro enterprises.
Subhalaxmi Cooperative Society (SCS) in Jharsuguda, has emerged as a model community based organisation.
The society has successfully completed 10 years of empowering women since its inception and currently touching the lives of 3,793 members in 71 villages.
SCS has been able to generate funds of over 2 cr through various activities and has seen a significant increase in the income of the members.
Subsidiary of Vedanta Resources, Hindustan Zinc Limited (HZL) is running a similar programme called Sakhi which started three years ago and now has 1922 SHGs connecting the Company with 23,954 women.
The total savings accumulated through Sakhi are now over 6 cr and the total loans disbursed amounts are over 17 cr, utilised for household consumption, agriculture, health & sanitation by over 450 women to create new enterprises or expand existing enterprises.
The company undertakes various need based community programmes as part of its Corporate Social Responsibility (CSR).
The Company has committed to align its CSR activities to the priorities of its neighborhood communities and also the national priorities including the Sustainable Development Goals.