SINGALE 1-24.cdr - ONGC
SINGALE 1-24.cdr - ONGC
SINGALE 1-24.cdr - ONGC
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<strong>ONGC</strong> engages to help create livelihoods and nurture lives<br />
Current CSR focus<br />
Effective FY 2009-10, our Board of Directors has decided to allocate 2% of the net profit of previous fiscal as our CSR<br />
budget. In FY 2009-10, we invested INR 2688 million as part of our community initiatives. We envisage an investment of<br />
approximately INR 3200 millions in FY 2010-11. We have also defined 12 focus areas for our CSR projects which are linked<br />
to community development context in which we operate.<br />
In order to manage the CSR budget in line with the stakeholder oriented approach, we have established and strengthened<br />
the organizational structure, roles and responsibilities, resourcing including manpower and monitoring and measurement<br />
systems.<br />
Our Chief, corporate social responsibility is the senior most officers responsible for CSR. At the work-centre locations, the<br />
Head-HR/ER is responsible for CSR programmes and is assisted by a full-time CSR coordinator.<br />
Key achievements:<br />
Education including vocational courses<br />
We have provided support for education to 1000 girl children from marginalized sections of the society. In keeping with<br />
the increased employment potential of the times, we have set up of five computer training institutes to provide skill<br />
based training to unemployed youth. We have also launched a CSR project to provide educational support to 1000<br />
Hemophilia afflicted children.<br />
Healthcare<br />
Over the next five years, we contemplate providing comprehensive healthcare support through 20 Mobile Medicare<br />
Units to two Lakhs elderly persons across the country. We have promoted a novel campaign to nurture environmental<br />
movement amongst school children of three Kendriya Vidyalaya’s. We are working to preserve four heritage<br />
archaeological monuments in the state of Assam<br />
Entrepreneurship (self help and livelihood generation) schemes<br />
We have successfully partnered with our stakeholders in various projects all across India to unleash the entrepreneurial<br />
spirit of India. These include Sericulture based handloom weaving in Assam, initiative to convert thatched houses into<br />
Pucca (permanent structure) houses in Nagapattinam District in Tamil Nadu, establishing a coir industry through self<br />
help groups in various districts of Tamil Nadu, Rickshaw Bank Project (a micro finance initiative) and Project “Yuva<br />
Samridhi” for promotion of self help groups.<br />
Water management<br />
In order to utilize our vast understanding of the geological basins of the country in solving the problem of fresh water<br />
scarcity in arid regions, we launched a corporate initiative called “Project Saraswati” in 2005. The project aims to find<br />
deeper, unexploited groundwater resources in drought prone areas of India and has elicited encouraging results. The<br />
first well Saraswati -1 drilled 6 kilometers away from Jaisalmer has located a reservoir of usable fresh water. The project<br />
is in progress to bring water to the people in drought prone areas.<br />
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