CSR MAKING GOOD BUSINESS SENSE IN INDIA: OPPORTUNITY TO GROW(2)

OPPORTUNITY TO GROW(2)

It was a challenge for the CSR wing of Vedanta to ensure year round livelihood for average farming households and enhance their quality of life. The company adopted multifarious approaches, including training of farmers on benefit of commercially viable sustainable agriculture, organic farming, and managing irrigation by diverting the streams or by using water lift method, and integrated pest management. All agriculture guidance were provided free of cost. Materials help in terms seed, bio fertilizer and pesticides were also provided to the farmers.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: OPPORTUNITY TO GROW(1)

Opportunity for Benefit of commercially viable sustainable agriculture and motivated them and reaffirmed people’s faith with agriculture.

VAL successfully gave an opportunity to Grow (Vedanta increases farmers’ income by 200%)

Farmers in Lanjigarh area has proved that agriculture and industry can grow hand in hand. Unlike other farmers in their neighboring area, Farmers in Lanjigarh area have enhanced their household income by more than 200%.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: PROACTIVELY ENGAGING

PROACTIVELY ENGAGING

To Encourage Economic Empowerment

Val Successfully Engaging Them For Economic Empowerment Through Csr

This is a story of Katli and 497 women like her across 16 villages of Kalahandi district. With a smile, Katli Majhi says, “I had never seen a hundred rupee note in my life. We did not know how to use money in the market. It is Vedanta who taught us to generate income, meet our day to day needs and look at the world outside”.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: SOCIO-ECONOMIC PROFILE(4)

VAL has provided rehabilitation and resettlement package for 119 project displaced families of the Kutia Kandha & Dongria Kandha tribes of Lanjigarh, Kalahandi. VAL has built a rehabilitation colony called Niyamgiri Vedanta Nagar.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: SOCIO-ECONOMIC PROFILE(3)

ECONOMIC PROFILE(3)

Metal czar Anil Agarwal’s aggression is not limited to only business. With a mission to impact the lives of over 2.5 million under-privileged children; Vedanta Resources group has already strengthened its corporate social responsibility (CSR) programmes across all operating states in India. With an investment of Rs 186.50 crore in CSR in the last 4 years, the Group is ready to spend another Rs. 125 crore in 2009-10.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: SOCIO-ECONOMIC PROFILE(2)

The group has operations in India, Australia, and Zambia. Vedanta Aluminium Limited (VAL) has set up a Greenfield Alumina Refinery in Orissa with a capacity of 1 Million tons per annum. It is also setting up a 0.5 MTPA Aluminum Smelter, 1215 MW Captive Power Plant. The Group Company Sterlite Energy Limted is also setting up a 2400 MW Independent Power Plants at Jharsuguda. VAL is one of the world’s premier alumina refining complex in terms of its technology, human resources and high quality infrastructure. VAL has built a high caliber team who are passionately contributing to the growth and efficiency of the organization. Vedanta Aluminium Ltd. is involved in the business of this fundamental metal.

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CSR MAKING GOOD BUSINESS SENSE IN INDIA: SOCIO-ECONOMIC PROFILE(1)

ECONOMIC PROFILE(1)

Interestingly, during 1970-90 periods, although the inter district level of development disparities among the 13 old and undivided districts of Orissa could marginally be reduced from 42.62 per cent to 40.24 per cent in the early 1990s according to the coefficient of variation values of composite development index (CDI) formed on the basis of relative deprivation method, the CDI values of all the three undivided KBK districts have markedly diminished over the years. There has also been a marked fall in the rank positions of these three districts vis-a-vis the other districts of the State.

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