Resident’S Award for NALCO for CSR (Download PDF)

()

Download PDF of This Page (Size: 258.20 K)

An Odisha based Navaratna Company - National Aluminium Company Limited was selected for President’s award on 30th June 2019. NALCO made the best utilisation of Corporate Social Responsibilty fund in social development.

NALCO was selected for its Aliali Jhia Scheme.

This is image show in Aluminium association of India

This is Image Show in Aluminium Association of India

This is image show in Aluminium association of India

National Aluminium Company Limited

  • NALCO is a Navratna CPSE (Central Public Sector Enterprises) under Union Ministry of Mines.

  • Centre Government holds 52 % equity of NALCO.

  • Established in 1981, with its registered office at Bhubaneswar, Odisha.

  • One of largest integrated primary producer of Aluminium in Asia.

  • Activities such as Bauxite mining, alumina refining, aluminium smelting and casting, power generation, rail and port operations are covered by NALCO.

Aliali Jhia Scheme

  • In 2015 NALCO started a scheme called Aliali Jhia. The scheme was on the line of Beti Bachao Beti Padhao to adapt and promote the poor and talented girls for education.

  • It aimed to promote the education of Girls of BPL (Below Poverty Line) families.

  • NALCO adopted 416 girls from BPL families of 66 villages in Anugul and Koraput districts of Odisha.

  • These girls are reading in 45 different schools and under this scheme Company is bearing all expenditure for education and promotion of talent from 8th to 10th Class.

  • Scheme is now joined by the employees of the company.

Corporate Social Responsibilty

  • CSR is funding and grants process undertaken by corporate sector under which they provide financial and other support to Non-Profit Organisations (NGO)

  • Under Companies Act, 2013 it is a mandatory provision for companies to provide a contribution of 2 % of average of their net profits.

  • The four types of Corporate Social Responsibilities are:

  • Environmental Sustainability Initiatives

  • Direct Philanthropic Giving

  • Ethical Business Practices

  • Focus upon Economic Responsibility

- Published/Last Modified on: August 16, 2019

Awards, Committees/Govt. Bodies

Doorsteptutor material for CLAT GK-Current-Affairs is prepared by worlds top subject experts- fully solved questions with step-by-step exaplanation- practice your way to success.

Developed by: