The Business Bytes
TBB BUREAU
BHUBANESWAR, NOV 10, 2022
Pursuing its vision of inclusive development, JSP Foundation, the CSR arm of Jindal Steel & Power (JSP), on Thursday launched ‘Project Aashiana’ to provide financial assistance to poor and homeless people in building houses for their families. In the first phase, 529 needy people have been identified for support under this project.
Launching the project in a hybrid programme held across Angul, Raigarh, Barbil, Tensa, Bhubaneswar and New Delhi, JSP Foundation Chairperson Shallu Jindal said, “A house is a dream for every family. But poor financial conditions deprive some people from building their own houses. Therefore, JSP Foundation, in its constant endeavour to improve the quality of life of people, is supporting more than 500 families from financially weaker sections to build their dream home.”
A total of 529 families from 13 States across the country have been selected for financial assistance under ‘Project Aashiana’. They were given confirmation letters for financial grants during the event. The selected families will be given financial assistance up to Rs. 250,000 for the construction of their house and basic amenities like toilets, drinking water and electrification, based on the assessment by the Foundation.
Appreciating JSP Foundation’s support, Shashi Bhusan Sathua, one of the individuals who have been selected for financial assistance under ‘Project Aashiana’, said, “For a long time, my family wanted to build our own house. With my inadequate income, I was not able to afford the construction of the same. With this support, I can provide a roof for my children. I am indebted to the JSP Foundation for this support.”
The financial assistance will be released in installments depending upon the progress of the construction work. JSP Foundation will consider releasing more financial assistance to deserving cases, depending upon the timely progress of the construction of the house.
