During the event, Sri Sri Ravi Shankar engaged with young trainees and staff, exploring their aspirations while also gaining insights into the Centre’s various training programmes. He encouraged the participants to make full use of the opportunities available to them and imparted blessings for their future endeavors.

Furthermore, the spiritual leader’s visit included a tour of the Alluri Sitarama Raju International Airport, where he was briefed on the airport’s development and infrastructure by G.M. Rao, Chairman of the GMR Group. This facility is designed to serve as a major aviation gateway for North Coastal Andhra Pradesh.

Objectives and Features of the Skill Development Centre

The GMRVF Skill Development Centre is designed to facilitate the training of up to 1,000 youth annually, particularly those from remote and underserved communities. The Centre aims to offer industry-relevant, job-focused training programmes that directly link trainees to employment opportunities both in India and abroad.

The training approach incorporates both theoretical classroom instruction and practical hands-on experiences, allowing participants to develop skills that are aligned with current industry requirements. This dual approach is intended to enhance the prospects of attaining sustainable livelihoods for the trainees.

In a statement made during the inauguration, Sri Sri Ravi Shankar noted that the development of the Alluri Sitarama Raju International Airport represents an essential growth catalyst for the region. He emphasized that true development means creating opportunities for improving lives and fostering job growth across various sectors.

Broader Community Development Initiatives

The establishment of the Skill Development Centre is a part of GMRVF’s broader community development efforts, which commenced alongside the airport construction. These initiatives also include a focus on health, well-being, and livelihood opportunities for local residents.

In conjunction with the skill training initiatives, GMRVF has taken steps to enhance community healthcare through the launch of a Mobile Medical Unit in Bhogapuram. This service aims to extend healthcare access to surrounding areas, demonstrating the comprehensive nature of GMRVF’s commitment to community upliftment.

The overall mission of GMRVF is to create environments where local youth can develop the necessary skills to engage in and benefit from the region’s economic growth. By fostering industry partnerships and establishing a dedicated International Placements Wing, the Centre aims to enhance job readiness for youths and provide them with pathways to secure employment opportunities.

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In terms of educational impacts, the organisation has positively affected the lives of 49,334 students through its various programmes. Furthermore, BFL’s commitment to vocational training resulted in support for 3,250 students in the reporting year, contributing to a cumulative total of 39,809 youth engaged in skill development initiatives.

B. N. Kalyani, Chairman and Managing Director of Bharat Forge, stated that CSR involves consistent engagement and meaningful execution rather than mere donations. He emphasized the importance of involving local communities in the planning and implementation processes, thereby ensuring that developmental advancements are collaborative rather than imposed.

Skill Development and North-East Initiatives

Amit B. Kalyani, the Vice Chairman and Joint Managing Director, highlighted the essential role of skill development in enhancing employability and enabling individuals to thrive in a changing economy. The company is committed to broadening its outreach and fostering sustainable livelihoods across diverse geographical regions.

Particularly noteworthy is the focus on the North-East region of India, where BFL has expanded its CSR initiatives to support advanced skills, technological learning, and improved access to education. The establishment of a Centre of Excellence at the Nagaland Tool Room and Training Centre in Dimapur exemplifies this commitment by providing resources in robotics, artificial intelligence, and smart automation.

Additionally, skill labs equipped with 3D printers and robotics kits have been set up in two government schools in Dimapur. Under the Vidyanjali initiative, BFL is also providing financial support and mentorship to 29 students from the North-East, aiming to enhance their higher education prospects.

Environmental Sustainability and Community Development

Water conservation is a principal focus of BFL’s CSR initiatives. During the financial year 2025-26, the company successfully created 575 TCM of water-storage capacity, bringing its cumulative achievement since 2015 to 3,701 TCM. The projects have reportedly conserved an average of 1,185,255 KL of water, surpassing the average consumed by BFL’s own operations over the last nine years.

Efforts to advance renewable energy infrastructure included the addition of 898 kW in capacity. Furthermore, BFL has undertaken extensive tree planting, contributing to a total of 135,365 trees planted in 2025-26 and a cumulative total of 479,939 trees since implementation began. The company also converted 1,679 tonnes of organic waste into manure during the reporting fiscal year, promoting efficient waste management.

In terms of rural development and agricultural initiatives, BFL has irrigated 9,610 acres of land, levelled 25 acres for cultivation, and constructed 15 km of roads, while also enhancing infrastructure in six government schools. Support was extended to 790 women through vocational training programmes and health coverage was provided to 1,083 women, further promoting community welfare.

Dr. Leena Deshpande, Head of Corporate Social Responsibility at Bharat Forge, affirmed the company’s dedication to education, health, and environmental initiatives, stating that these efforts reflect a deep-seated belief in inclusive development. She reiterated the organisation’s commitment to adapt its strategies to meet the specific needs of various regions, aiming for a sustainable and equitable future.

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The amount designated as unspent pertains specifically to CSR projects that span multiple financial years. On April 27, 2026, the company transferred the Rs 15.16 crore into an Unspent CSR Account held with a scheduled commercial bank, following the stipulations set out under Section 135(6) of the Companies Act, 2013. Such classifications play an essential role in the management of CSR funds aimed at long-term community initiatives.

This financial report provides insights into how Bajaj Finance approaches CSR expenditure through various projects that differ in their implementation timelines. The expenditure for the year encompassed a wide array of sectors, including youth skilling, education, child healthcare, disability inclusion, and efforts centred around child protection.

Allocation and Impact of CSR Activities

During the financial year that concluded on March 31, 2026, Bajaj Finance’s CSR obligation was calculated at 2 per cent of its average net profits. The company’s CSR expenditure was distributed across 217 distinct projects, with Rs 318.81 crore spent during the year, which indicates a strong focus on addressing community needs through financial and social empowerment initiatives.

Details of earlier CSR amounts carried forward are also documented in the annual report. An unspent amount of Rs 20.87 crore from the previous financial year, 2022-23, was effectively utilised for relevant projects, along with Rs 6.19 crore earmarked for FY2023-24. For FY2024-25, Rs 6.24 crore was retained in the Unspent CSR Account but was eventually expended during FY2025-26, illustrating the company’s commitment to fulfilling its CSR obligations over time.

Bajaj Finance’s CSR initiatives reach broad segments of the community, with a reported training of 50,475 students through the Skillserv initiative. The company has implemented a Certificate Programme in Banking, Finance, and Insurance, targeting graduates, particularly from Tier 2 and Tier 3 cities, to better prepare them for careers in the financial services sector.

Future Commitments and Oversight

The organisation’s broader CSR strategies fall under the auspices of the Bajaj Group, which has earmarked Rs 5,000 crore for a five-year social impact initiative, aimed at engaging with two crore beneficiaries. The initiatives focus on youth skilling and other programmes that support both children and communities, ensuring a wide-ranging effect on societal development.

Independent assessments of the company’s CSR projects have been conducted, with 22 projects reviewed by external agencies during FY2025-26. Notably, the Youth4Jobs programme recorded a successful 55 per cent placement rate among youths with disabilities, while the Haritika Udaan Project reported increased income levels for tribal families involved in the initiative.

Oversight of Bajaj Finance’s CSR activities is managed by a Board-level CSR Committee, which underwent three meetings throughout the year. This committee is tasked with reviewing CSR policies, monitoring project compliance, and overseeing the disbursement of funds, ensuring accountability and transparency in all initiatives undertaken.

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Enhancing Healthcare Accessibility

The newly deployed MMUs are designed to provide vital healthcare services directly within local communities where healthcare facilities such as hospitals and primary health centres are scarce. By facilitating direct access to healthcare, these units are expected to help mitigate issues associated with distance, inadequate infrastructure, and limited access to regular health services. The initiative reflects REC Limited’s commitment to effecting positive change at the community level through strategic CSR investments.

Officials from REC Limited, including Chief Project Manager Satyaban Sahoo, were present at the launch, highlighting the importance of public-private partnerships in addressing healthcare needs. These mobile units will play a crucial role in ensuring timely screening, medical consultations, and health awareness initiatives, thereby improving overall health outcomes for residents. The collaboration with the Indian Red Cross Society in Chhattisgarh further aims to enhance the reach and effectiveness of this healthcare initiative.

Chhattisgarh is home to numerous rural and hard-to-reach areas where healthcare services are not readily available. The mobile medical units aim to tackle this challenge head-on by bringing essential services closer to those in need, thus contributing to the state’s efforts to ensure that healthcare is accessible for all. The programme also incorporates educational components to inform community members on various health issues and prevention strategies.

Alignment with Sustainable Development Goals

REC Limited has indicated that the MMU initiative aligns with broader goals for inclusive and sustainable development in India. The deployment of these mobile units signifies a step towards enhancing public health outreach while ensuring that vulnerable and underserved populations can receive necessary medical services without the burden of travel. This initiative stands to complement existing health systems and fill gaps where traditional healthcare infrastructure is insufficient.

As Chhattisgarh grapples with diverse healthcare access issues, particularly in rural settings, this CSR-driven initiative could have significant implications for public health improvement. The mobile medical units not only aim to provide immediate healthcare solutions but also foster long-term health benefits for communities that have been historically underserved.

In summary, the introduction of these mobile medical units represents a focused effort to enhance health service availability in Chhattisgarh. Offering a practical solution to longstanding healthcare challenges, the initiative reflects REC Limited’s vision of fostering healthier communities and contributing towards a more equitable healthcare landscape across the state.

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This initiative addresses various barriers that hinder individuals from accessing eye-care. These barriers include the costs associated with travel, geographical distance to facilities, and the time constraints that many individuals face. The mobile clinics are strategically designed to operate within local communities, educational institutions, workplaces, and public transport areas.

Implementation of Services

The VisionSpring Foundation will serve as the implementation partner for this project. Their responsibilities include carrying out detailed vision screenings and dispensing corrective eyewear primarily aimed at addressing presbyopia. Additionally, the foundation will provide referrals for individuals requiring further medical evaluation, including those with conditions such as cataracts.

To facilitate ongoing support for individuals requiring follow-up services, a toll-free helpline will be established. This will ensure that participants can easily access additional assistance when needed, thereby improving the overall effectiveness of the programme.

A launch event to introduce the MobilEYES Clinic Vans was held in New Delhi, attended by key representatives from both SBIFML and VisionSpring Foundation. This event underscored the importance of collaborative efforts in enhancing community health outcomes.

Statements from Leadership

Debasish Mishra, Managing Director & CEO of SBI Funds Management Limited, expressed the company’s commitment to community welfare initiatives that aim to improve access to essential services. He stated that the programme is designed to bridge the gap for those who encounter challenges in availing of eye-care services, reflecting a responsible approach to enhancing community well-being.

Similarly, Anshu Taneja, Managing Director at VisionSpring Foundation, highlighted the importance of clear vision for overall well-being and economic stability. He noted the multitude of challenges faced by underserved communities when accessing quality eye-care services, which often include significant travel distances, high costs, and uncomfortable stigma around wearing eyeglasses. The MobilEYES Clinic Vans will directly tackle these issues by bringing affordable eyecare to local communities.

Over the coming year, both organisations will monitor the initiative’s impact, with plans to expand the reach of the MobilEYES Clinic Vans. They aim to assist more individuals in obtaining necessary eye-care services without the burdens of long-distance travel.

Background of the Organizations

SBI Funds Management Limited operates as the asset management wing of SBI Mutual Fund, a collaboration between the State Bank of India (SBI) and Amundi, one of the largest asset managers in Europe. The company offers an extensive range of financial services, including mutual funds and specialised investment solutions aimed at a diverse clientele ranging from retail investors to corporate entities.

VisionSpring Foundation, a social enterprise, focuses on creating access to eyeglasses for low-income populations. The organisation reportedly conducts vision screenings for over 2.7 million individuals across India annually, providing eyewear to approximately 1.2 million people. They have distributed nearly 9.5 million pairs of eyeglasses, significantly impacting the economic situation of low-income households, with an estimated economic benefit of over $3 billion.

Through collaborative efforts, these organisations aim to significantly enhance the eye-care landscape across India, contributing to broader health and economic improvements.

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Officials said the proposed collaboration aims to improve the implementation of government programmes by combining public initiatives with corporate resources and expertise. The department also identified several priority projects that could be supported through CSR funding.

Government Invites Long-Term Industry Participation

The meeting was held at the Circuit House in Civil Lines, Raipur, and was attended by senior departmental officials and representatives of various industrial organisations.

Chairing the meeting, Principal Secretary of the Women and Child Development Department Shahla Nigar said the holistic development of women and children remains one of the state government’s foremost priorities.

She stressed that active participation by industries could significantly improve the reach and effectiveness of government welfare programmes. According to Nigar, CSR partnerships could provide fresh momentum to initiatives related to nutrition, early childhood care, women’s empowerment, the strengthening of Anganwadi centres and innovation-driven programmes.

Calling for sustained collaboration, she said, “With your cooperation, we will build a Golden Chhattisgarh.”

Focus on Nutrition, Child Development and Women’s Empowerment

Women and Child Development Department Director Dr Renuka Srivastava said the department is working across three key areas: women’s empowerment, child protection, and children’s health and nutrition.

She said CSR support could help upgrade Anganwadi centres by improving infrastructure and providing quality learning material, digital resources, nutrition support, safe drinking water, sanitation facilities and sports equipment.

Srivastava added that corporate partnerships could also help expand innovation-based initiatives designed to improve children’s learning, health and overall development.

Department Identifies Priority CSR Projects

During the meeting, officials presented a list of projects that could be implemented in partnership with industries under CSR initiatives.

The proposed projects include programmes to eradicate malnutrition, modernise Anganwadi centres, develop nutrition gardens and promote the plantation of Moringa trees.

Other priority areas identified by the department include early childhood development, disability-friendly infrastructure, health and nutrition initiatives for adolescent girls, and capacity-building programmes.

Representatives from participating industries expressed interest in supporting the proposed initiatives and shared suggestions on potential areas of collaboration under various government schemes.

Coordination Mechanism to Be Developed

Officials decided that the department and industry representatives would establish a regular coordination mechanism to identify priority projects and implement them in phases.

The department emphasised that CSR collaboration would extend beyond infrastructure development to include holistic child development, quality early childhood education, nutrition, digital empowerment, innovation and greater community participation.

To facilitate implementation, the department plans to establish a structured system for regular dialogue, coordination and review with participating industries. The mechanism is expected to improve project planning, execution and monitoring while aligning corporate resources with the state’s development priorities.

The department also highlighted existing digital platforms supporting CSR collaboration, including the Ministry of Women and Child Development’s ‘Pankhuri’ portal and the Chhattisgarh government’s State CSR (SAR) portal. Officials said these platforms would help strengthen long-term corporate participation in programmes related to nutrition, child development, women’s empowerment and community welfare across the state.

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Hajrat’s fortunes changed when he enrolled in the Two-Wheeler Service Technician course offered by M3M Foundation’s iMpower Academy for Skills, part of the Kaushal Sambal programme. This initiative not only provided technical training but also equipped him with critical life skills such as workplace discipline and effective communication. More importantly, it instilled a sense of self-belief that inspired him to take risks and seize opportunities.

Upon completing the course, Hajrat opted not for conventional employment but instead chose to establish his own enterprise, iGarage, an automobile workshop. His business generates nearly Rs. 50,000 every month, allowing him to support his family. Additionally, he has expanded his income by integrating a taxi service, thus creating jobs for others in his community.

Wider Reach of the Kaushal Sambal Initiative

The Kaushal Sambal initiative, launched in 2019, has witnessed significant growth, expanding to 7 states, 12 districts, and 19 training centres. It has reached over 1,300 villages and skilled more than 15,000 youth. This programme has become a beacon of hope and opportunity for young individuals, helping them gain industry-relevant skills that prepare them for the demands of the modern economy.

The initiative focuses not only on skill development but also incorporates holistic training that includes digital literacy, entrepreneurship development, and placement support. As a result, over 9,000 young professionals have successfully entered various job sectors, including healthcare, hospitality, and renewable energy, among others. With a remarkable placement rate of 76 per cent, the programme enables participants to earn an average monthly income of Rs. 14,585, contributing significantly to local economies.

Importantly, the initiative prioritises inclusivity, with women constituting 56 per cent of all trainees. Young individuals from Scheduled Castes, Other Backward Classes, and minority communities also benefit from skill development, promoting financial independence and job creation within these underserved demographics.

Empowerment Through Real Stories

Hajrat’s success is emblematic of a broader trend facilitated by the M3M Foundation. Individuals such as Amanpreet, who lost his father early in life, are also finding paths to success. Amanpreet utilised the skills gained through the iMpower Academy to launch his beauty business, earning around Rs. 20,000 per month and becoming his family’s primary provider.

Similarly, Deepika, a young woman from a farming background, overcame significant socio-economic barriers through the Kaushal Sambal programme. She secured a position as a Data Entry Operator in Gurugram, earning a CTC of Rs. 16,000 per month. Her story illustrates the transformative power of opportunities for women in sectors traditionally dominated by men.

These narratives highlight not just individual triumphs, but also the ripple effect of empowerment on families and communities. The M3M Foundation’s commitment to skill development reinforces the idea that when young people are adequately equipped, they do not merely change their own lives but initiate a cycle of positive change for others.

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To mark the collaboration, both organizations today hosted a launch event for the scholarship distribution in Bengaluru. The launch event featured the ceremonial scholarship distribution, student success stories, insights into the Vidyadhan journey, and addresses by the leadership of SFPI and CapitaLand Hope Foundation India. The programme celebrated the achievements of the scholarship recipients while underscoring the partners’ shared commitment to expanding access to quality higher education for deserving students. Under the initiative, each selected student received a scholarship ranging from Rs. 25,000 to Rs. 75,000, depending on the course and duration of study.

Mrs. Kumari Shibulal, Founder, Shibulal Family Philanthropic Initiatives (SFPI) said, “Since its inception, SFPI has been guided by the conviction that education has the power to transform not only individual lives but entire families and communities. Countless talented students are held back by financial circumstances beyond their control, limiting their ability to realise their potential. Through our partnership with CapitaLand Hope Foundation India, we are proud to support 60 deserving scholars with financial assistance, mentorship, and holistic development opportunities, empowering them to pursue their aspirations, build brighter futures, and create lasting, positive impact in society.”

Ms. Asha Thoma, COO, The Shibulal Family Philanthropic Initiatives (SFPI), commented, “Every scholarship is more than financial support; it is an investment in human potential and a step towards a more equitable society. Over the years, Vidyadhan has shown that when communities and organisations come together, we can transform lives at scale. We are delighted to welcome Capitaland Hope Foundation India as a partner in this journey, strengthening our shared vision of ensuring that talent, not circumstance, determines a young person’s future.”

The Shibulal Family Philanthropic Initiatives’ (SFPI) Vidyadhan scholarship programme aims to reach 1,00,000 scholarships across 28 States and UTs over the next three years.

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The initiative addresses a critical gap: women entrepreneurs with strong products and local market knowledge nonetheless lack access to financial systems, formal credit, digital tools, and growth frameworks.

The programme is spearheaded by ANSR Foundation and focuses on creating dignified economic pathways for women through mentorship, financial access, and community-led growth, as a natural extension of the organization’s support for underserved women.

EmpowHer begins with a diagnostic assessment of each participating enterprise, evaluating strengths and gaps across operations, skills, and customer reach. Targeted support is then delivered through structured learning sessions and hands-on guidance across three focus areas:

Financial literacy: cash flow tracking, profit calculation, break-even analysis, and credit readiness

Business growth: branding, packaging, pricing, and value communication
Digital enablement: tools for visibility, payments, and customer access

The programme will also include an impact measurement framework to track enterprise-level changes over time, with findings shared through case studies, policy briefs, and knowledge platforms.

Implementation lead SAFA Society brings nearly two decades of on-the-ground experience working with women in Hyderabad, with deep expertise in micro-entrepreneurship and Self Help Groups.

“Women micro-entrepreneurs often carry sharp business instincts, but they may not always have access to the systems, language, and support that help an enterprise grow. This programme is designed to bridge that gap in a practical way. We are starting by understanding each business closely, then working with the entrepreneurs on finance, pricing, packaging, credit readiness, and digital access. For us at ISB, this is also an opportunity to learn from their lived experience and build insights that can inform better models for women-led enterprise development,” said Anvesh Thirukovalluru, Associate Director, ISB Centre for Business Innovation, Indian School of Business.

“For many women running small businesses, growth is about being able to plan better, speak with more confidence, access credit without fear, and build something that gives their families a stronger future. At ANSR Foundation, we wanted this initiative to go beyond training sessions and create support that women can actually use in their everyday business decisions. Our partnership with ISB and SAFA Society brings together practical learning, financial readiness, digital tools, and market access in a way that respects where these entrepreneurs are today and helps them take the next step with confidence,” said Caroline Fernandez-Ahuja, Managing Director, ANSR Foundation.

Implementation of this vision will be critical to the success stated Rubina N F, Founder/President, SAFA Society. “We have embarked on a new partnership with ANSR Foundation in a region where women continue to face deep social and economic barriers. Through this initiative, our vision is to enable sustainable livelihoods by supporting women-led micro-entrepreneurship and building pathways toward long-term economic resilience. As the policy focus on financial inclusion continues to grow, this programme becomes even more relevant, helping women move beyond skills training toward greater access, agency, and participation in the formal financial ecosystem,” she said.

Beyond the classroom, ISB will contribute to a growing body of knowledge on the structural barriers that shape women’s economic participation in India’s evolving economy. The programme will include an impact measurement and learning framework to track changes in participating enterprises over time.

These insights, along with broader research on structural barriers to women’s economic empowerment, will be shared through case studies, policy briefs, and knowledge platforms, reflecting ISB’s longstanding commitment to translating rigorous academic inquiry into meaningful community impact.

Through this partnership, ISB, ANSR Foundation, and SAFA Society aim to strengthen women-led enterprises in ways that are practical, measurable, and rooted in the lived realities of micro-entrepreneurs.

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Objectives of the Citizen Lounge and Learning Centre

The newly inaugurated facility serves two primary functions: a Citizen Lounge for individuals visiting the District Magistrate Office, and a dedicated Learning Centre for aspirants preparing for competitive examinations. The initiative aims to intertwine public infrastructure with educational support, representing a crucial aspect of community development and citizen-focused governance.

District offices are vital public service locations, and the Elan Foundation’s initiative is designed to boost the overall experience of citizens when accessing these services. By providing a comfortable space for learning and waiting, the facility addresses a significant need within the community.

During the inauguration ceremony, Delhi Chief Minister Rekha Gupta expressed her gratitude towards the Elan Foundation for its contributions to public welfare. She emphasised the importance of enhanced amenities for citizens visiting the District Magistrate Office and acknowledged the establishment as a meaningful effort towards good governance.

Support for Competitive Examination Aspirants

Sunny Kumar Singh, the District Magistrate of New Delhi, highlighted the dual benefits offered by the centre, which caters to both the general public and students. The facility aims to significantly improve the experience of citizens at the District Magistrate Office while simultaneously providing a valuable resource for those studying for civil services exams. Singh also articulated his appreciation for the Elan Foundation’s commitment to building accessible infrastructure, which encourages local residents to pursue their educational ambitions.

The Citizen Lounge and Learning Centre intends to create an environment conducive to studying and learning, particularly for youth aspiring to enter civil services. By positioning itself within a key public service location, the centre actively seeks to support individuals in their educational journeys.

In summary, the Elan Foundation’s latest initiative represents an effort to combine community service with educational support, showcasing a commitment to enhancing citizen experiences while contributing to the growth of future public servants.

Role of CSR in the Initiative

Akash Kapoor, Director of Elan Group, explained that the development of this facility is seen as a crucial step towards creating infrastructure that benefits both citizens and budding leaders of the country. Kapoor reiterated the Foundation’s commitment to undertaking socially impactful initiatives that result in enduring positive change within the community.

The establishment of the Citizen Lounge and Learning Centre aligns with Elan Foundation’s broader objectives concerning community development through education and public welfare. This initiative demonstrates how CSR can play a significant role in enhancing civic facilities, thereby improving public service experiences for citizens.

Overall, the Elan Foundation aims to sustain its efforts in promoting community welfare while supporting the educational aspirations of the youth. By bridging public infrastructure with learning needs, the initiative highlights the importance of integrating CSR into public service frameworks.

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