The Business Bytes
TBB BUREAU
RANCHI, MAY 8, 2022
State-run Coal India Limited (CIL) has spent more than Rs. 1600 crore on CSR activities in the last three years which is 25 per cent more than the mandated target of Rs. 1284 crore, a senior executive of the Company said.
Speaking at the CIL’s first ‘CSR & Sustainability Conclave’ at Ranchi on Saturday, CIL Director (Personnel) Vinay Ranjan shared this information, while adding that during the trying times of Covid pandemic, CIL spent more than Rs. 500 crore to help fight the dreaded novel coronavirus.
CIL has spent more than 60 per cent of its CSR budget on the Health & Sanitation sector, and provided employment skills to more than 10,000 youths. To mitigate the potential shortage of oxygen during the Covid pandemic, CIL has set up or helped in setting up of 31 oxygen plants in 28 hospitals across the country during the last fiscal.
Presently, CIL is operating its CSR activities in 34 districts including 24 aspirational districts across 8 States of the country.
The two-day conclave, held at the CIL subsidiary Central Coalfields Ltd. (CCL), was organized to provide a platform for discussion on the ongoing CSR works in the country and for exploring new opportunities.
More than 250 delegates from across the organizations attended the conclave.
An exhibition depicting the CSR works undertaken by all the subsidiary companies of CIL was also showcased on the sidelines of the Conclave.
CIL’s subsidiary companies doing excellent CSR works were also awarded during the conclave.
Mahanadi Coalfields Limited (MCL) was awarded for excellent work in combating Covid, while CCL was awarded for promoting sports and education; and Northern Coalfields Limited (NCL) was awarded for providing employable skill development. CCL won the prize for putting up the best stall in the CSR exhibition of the conclave.
