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Press Release Corporate Social Responsibility (CSR): Axis Bank Foundation reaches out to 1000+ villages,...
Corporate Social Responsibility (CSR): Axis Bank Foundation reaches out to 1000+ villages, Creating sustainable livelihoods opportunities
Axis Bank Foundation (ABF) and Navin Chandra Mafatlal Sadguru Water and Development Foundation (N M Sadguru Foundation) have successfully reached out to over 1000+ villages across Gujarat and Rajasthan to implement a sustainable livelihood project in the region. ABF and N M Sadguru Foundation focused on the promotion and sustenance of livelihood among the socio-economically deprived section of the population. This was done through integrated natural resource management with emphasis on water resources development, institution development, enhancing agriculture productivity and diversifying income streams through community participation. The project has been able to reach over 80,000+ households still date.
ABF board members – S Ramadorai, Chairperson; Dhruvi Shah, Executive Trustee & CEO and the Trustees – Som Mittal, Rajesh Dahiya and Sheela Patel visited the project sites in Punsri and Chosala in Dahod and Vandeli Panchmahal district, Gujarat, to review the progress of the project. They interacted with the farmers, nursery entrepreneurs and participant households, who have benefitted from the various ABF-supported initiatives. They also met the Panchayat leaders to understand the challenges and way forward.
ABF has partnered with N M Sadguru Foundation to make support the community to enhance their livelihoods. A recent impact assessment of the project revealed that –
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Women collectives have been actively participating in community development.
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Check dams led to better availability of groundwater – Living conditions improved due to the availability of water.
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Agriculture yield increased owing to the use of better technology, solar-based lift irrigation and access to better irrigation facilities.
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Distress migration is reduced owing to better farm and non-farm income.
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Non-farm income is boosted due to alternate livelihood practices such as vegetable cultivation.