Tuesday, April 9, 2013

Vedanta Highest Private Corporate in Odisha for CSR Contribution

Indiacsr, April 8, 2013

INDIACSR News Network
BHUBANESWAR: Vedanta Aluminium Limited, Lanjigarh has incurred an expenditure of Rs 135.14 crore on Corporate Social Responsibility (CSR) since 2000 becoming the highest contributor as a private Corporate in Odisha to spend for development of the community, as per a written statement by Industry Minister Niranjan Pujari said in the state assembly.
CSR_in_OdishaAmong all Corporate houses, state owned Odisha Mining Corporation (OMC) tops the list with a spending of Rs 286.79 crore on CSR whereas next to OMC is VAL with Rs 135.14 crore spending. Major industries operating in Odisha have spent Rs 806.03 crore on CSR activities since 2000 including VAL and OMC.
“The CSR activities undertaken are mainly for infrastructure development like roads, electricity supply, drinking water, healthcare support & conducting camps, educational support & sponsorship, sports promotion, cultural activities, support drinking calamities, plantation, community development, & self employment capacity building, self help groups and women & child care”, industries minister Niranjan Pujari said in a written reply in the state assembly.
Other industrial players with substantial CSR spends during 2000-12 are Jindal Steel & Power Ltd- JSPL (Rs 54.97 crore), Tata Steel (Rs 47 crore), Bhushan Power & Steel Ltd (Rs 44.21 crore), GMR Kamalanga Energy Ltd (Rs 35.76 crore), J K Paper (Rs 27.58 crore), Mahanadi Coalfields Ltd- MCL (Rs 23.60 crore) and National Aluminium Company-Nalco (Rs 23.29 crore).

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