Home CATEGORIES Business Ethics & Philanthropy SAIL spends Rs. 161.93 crore for its Corporate Social Responsibility (CSR) initiatives...

SAIL spends Rs. 161.93 crore for its Corporate Social Responsibility (CSR) initiatives in FY 24

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Steel Authority of India Limited, also known as SAIL, is a Central Public Sector Undertaking with headquarters in New Delhi, India. The company is under the ownership of the Ministry of Steel, Government of India, recorded a revenue of Rs 105,375 crore for the financial year 2023-24, which is the highest ever for the company. This is an increase from the previous year’s revenue of Rs 104,447 crore.

1. CSR of SAIL

As per Section 135 of the Companies Act, 2013, the company was required to spent Rs 158.75 crore for the year 2023-24. SAIL has incurred an expenditure of Rs 161.93 crore on CSR activities during the year (including Rs 78.26 crore transferred to Unspent CSR Bank Account).
SAIL’s Social objective is synonymous with Corporate Social Responsibility, as per the company’s annual report. The Company’s goal is to conduct business in a way that benefits the communities in which it operates in social, environmental, and economic dimensions in addition to the business of making steel. The organisation has structured and carried out CSR projects since the time of its establishment with the underlying idea and a credo to make a real difference in people’s lives.
SAIL carries out CSR projects mainly in and around periphery of steel townships, mines and far flung locations across the Country in the areas of Rural Development including maintenance of Model Steel Villages, providing Education, Healthcare, Immunisation, Ante/post-natal care, Access to Drinking Water, Sanitation, Road side tree plantation, Environment Sustainability, Women Empowerment, Assistance to Sr. Citizens & Divyangs, Sustainable Income Generation through Self-Help Groups, Promotion of Art and Culture, etc.

2. CSR of SAIL in Healthcare

SAIL’s extensive and specialised Healthcare Infrastructure provided specialized and basic healthcare to nearly 183.74 lakh people living in the vicinity of its Plants and Units during the period 2011-2024. In order to deliver quality healthcare at the doorsteps of the needy, regular health camps are being organised in various villages on fixed days for the people living in the periphery of Plants/ Units/Mines.
During the FY 2023-24, regular Health Camps have been organized and 5 Mobile Medical Units (MMUs) extended quality healthcare to about 1.80 lakh villagers at their doorsteps in peripheral areas of Plants, Units and Mines. 24 Primary Health centres at Plants exclusively provided free medical care and medicines to more than 84,000 patients during FY 2023-24.

3. CSR of SAIL in Education

To develop the society through education, SAIL is supporting over 77 schools, providing education to more than 40,000 children in the steel townships, 22 Special Schools (Kalyan, Mukul & DAV Vidyalayas) are benefitting around 12026 BPL category students at integrated steel plants and mines locations with facilities of free education, mid-day meals, uniform including shoes, text books, stationery items, school bag, water bottles, etc., under CSR.
More than 450 children from tribal and naxal-affected areas are getting free of cost comprehensive educational facilities viz. Schooling, Accommodation, Meals, Uniform, Textbooks, Infrastructure, etc. at Saranda Suvan Chhatravas and Central School, Kiriburu; Gyanodaya Chhatravas, BSP School Rajhara, Bhilai; Gyanjyoti Yojna, Bokaro, and other schools.
SAIL in association with the Akshaya Patra Foundation, is providing Mid-day meals and dry ration kits to around 60,000 students in over 600 Govt. schools in Bhilai and Rourkela.

Girls Education India

4. CSR of SAIL in Women Empowerment and Sustainable Livelihood Generation

Vocational and specialised skill development training targeted towards sustainable income generation has been provided to 1578 youths and 2369 women of peripheral villages in areas such as Nursing, Physiotherapy, LMV Driving, Computers, Mobile repairing, Welder, Fitter, Electrician training, Improved agriculture, Mushroom cultivation, Goatery, Poultry, Fishery, Achar/Pappad/Agarbati/Candle making, Screen printing, Handlooms, Sericulture, Yarn Weaving, Tailoring, Sewing and embroidery, Gloves, Spices, Towels, Gunny-bags, Low-cost-Sanitary Napkins, Sweet Box, Bans/Jute Shilp, Smokeless chullah making, etc. About 490 youths have been sponsored for ITI training at ITIs Bolani, Bargaon, Baliapur, Rourkela and Bokaro Private ITI, etc.

5. CSR of SAIL in Extending Connectivity & Water Facilities in Rural Areas

Over 79.03 lakh people across 450 villages have been connected to mainstream by SAIL, since its inception, by constructing and repairing roads. Over 8176 water sources have been installed, since inception, thereby enabling easy access to drinking water to over 50 lakh people living in farflung areas.

6. CSR of SAIL in Environment Conservation

Maintenance of parks, water bodies, botanical gardens and plantation & maintenance of over 5 lakh trees in the townships is being undertaken.

7. CSR of SAIL supporting Divyangs and Senior Citizens

Divyang (children/people) are being supported through provision of equipment like-tricycle, motorized vehicles, calipers, hearing aids, artificial limbs, etc. SAIL supports centres and programmes at its Plants like “Schools for blind, deaf & mentally challenged children” and “Home and Hope” at Rourkela; “Ashalata Kendra” at Bokaro; various programs like “Handicapped Oriented Education Program” and “Durgpaur Handicapped Happy Home” at Durgapur; and “Cheshire Home” at Burnpur.
Old age homes are being supported at different Plant townships like “Siyan Sadan” at Bhilai, “Abasar”, “Acharya Dham” at Durgapur, “Sr. Citizens Home” at Rourkela, etc. Series of events were organised across the Company to celebrate the ‘International Day of Persons with Disabilities’ commencing on 3rd December, 2023 in alignment of ongoing ‘Azadi ka Amrit Mahotsav’.
The assistive aids & devices like Tricycle, Motorized Vehicles, Calipers, Hearing Aids, Smart Phones, Smart Canes, etc. provided by Artificial Limbs Manufacturing Corporation of India (ALIMCO) were distributed among Divyangjans through Plants/Units and Corporate Office at New Delhi of your Company.

8. CSR of SAIL for Sports, Art & Culture:

SAIL is regularly organizing inter-village sports tournaments, extending support to major National sports events and tournaments. Also, supporting and coaching aspiring sportsmen and women through its residential sports academies at Bokaro (Football), Rourkela (Hockey)-with world class astro-turf ground, Bhilai (Athletics for boys), Durgapur (Athletics for girls) and Kiriburu, Jharkhand (Archery). Cultural events like Chhattisgarh Lok Kala Mahotsav, Gramin Lokotsav are organised every year. Bokaro Steel Plant organised Special Olympics Bharat (SOB) under National Sports Preparatory Training Camps and also supported participation expenditure of the selected/trained Divyang athletes for Special Olympics Summer World Games 2023 (SOSWG 2023).

9. CSR of SAIL for Development of Aspirational Districts

In order to provide comprehensive development of both physical and social infrastructure, SAIL has undertaken CSR activities in 6 Aspirational Districts, viz. Kanker, Narayanpur and Rajnandgaon in Chhattisgarh and West Singhbhum, Bokaro, Ranchi in Jharkhand and Banka in Bihar.