CIL's CSR expenditure surpasses Rs 5,570 Cr in a decade
COAL & MINING

CIL's CSR expenditure surpasses Rs 5,570 Cr in a decade

Coal India Ltd (CIL) has spent an impressive Rs 5,570 crore on Corporate Social Responsibility (CSR) initiatives over the last ten years, revealed a senior official. P M Prasad, Chairman of Coal India, shared that the company has been actively focusing on key areas such as education, healthcare, skill development, sports, and women’s empowerment.

At the inauguration of the 3rd CIL CSR Conclave 2024, West Bengal Governor C V Ananda Bose highlighted the transformative impact of CSR projects in enhancing the lives of communities, particularly in the tribal areas of coal-producing regions.

Governor Bose praised CIL’s efforts, including its support for cancer patients, emphasizing that these initiatives contribute to the overall progress of the nation. He stated, "CSR initiatives are a powerful tool for transforming lives, especially in vulnerable areas."

Prasad confirmed that CIL has spent Rs 5,570 crore on CSR programs over the past decade, which have benefited numerous communities.

Coal Secretary Vikram Dev Dutt commended the positive effects of CSR activities by coal companies over the last ten years, noting their significant contributions to coal-bearing regions. Dutt stressed that communities in these regions are crucial stakeholders in the industry’s operations and suggested creating a theme-based CSR calendar to prioritize areas like education.

Coal India Ltd (CIL) has spent an impressive Rs 5,570 crore on Corporate Social Responsibility (CSR) initiatives over the last ten years, revealed a senior official. P M Prasad, Chairman of Coal India, shared that the company has been actively focusing on key areas such as education, healthcare, skill development, sports, and women’s empowerment. At the inauguration of the 3rd CIL CSR Conclave 2024, West Bengal Governor C V Ananda Bose highlighted the transformative impact of CSR projects in enhancing the lives of communities, particularly in the tribal areas of coal-producing regions. Governor Bose praised CIL’s efforts, including its support for cancer patients, emphasizing that these initiatives contribute to the overall progress of the nation. He stated, CSR initiatives are a powerful tool for transforming lives, especially in vulnerable areas. Prasad confirmed that CIL has spent Rs 5,570 crore on CSR programs over the past decade, which have benefited numerous communities. Coal Secretary Vikram Dev Dutt commended the positive effects of CSR activities by coal companies over the last ten years, noting their significant contributions to coal-bearing regions. Dutt stressed that communities in these regions are crucial stakeholders in the industry’s operations and suggested creating a theme-based CSR calendar to prioritize areas like education.

Next Story
Real Estate

Maharashtra Sets Up Authority to Boost Self-Redevelopment

The Maharashtra government has established a Self-Redevelopment Authority to support citizens in independently redeveloping old buildings, marking a major policy step for Mumbai and the surrounding metropolitan region.BJP legislator and Mumbai District Central Cooperative Bank president Pravin Darekar will head the new Authority, which will offer end-to-end guidance on project planning, funding, developer selection, and execution. The initiative follows the approval of the state’s New Housing Policy earlier this year, which allocated Rs 2,000 crore to promote self-redevelopment.Officials sai..

Next Story
Real Estate

MHADA Revises Premium and Payment Rules for Redevelopment

The Maharashtra Housing and Area Development Authority (MHADA) has revised its 2007 redevelopment policy to make the redevelopment of ageing housing societies in Mumbai financially sustainable.The key change involves recalibrating premium charges for commercial floor space in projects under Regulation 33(5) of DCPR 2034. The new formula links premium rates to land value, market rate, and proposed usage, replacing the earlier rule that charged 1.5 times the residential rate for commercial areas.Developers’ body CREDAI-MCHI had sought parity between residential and commercial rates to encourag..

Next Story
Real Estate

Delhi-NCR Records Highest 24% Rise in Housing Prices

Delhi-NCR’s primary housing market witnessed a 24 per cent year-on-year rise in average prices during the July–September quarter, driven by sustained demand for luxury homes, according to data from real estate consultancy Anarock.Average residential prices in the region increased to Rs 8,900 per sq ft from Rs 7,200 per sq ft a year ago. Among India’s top seven cities, Delhi-NCR saw the sharpest price appreciation, followed by Bengaluru (10 per cent) and Hyderabad (8 per cent).Developers attribute the rise to new infrastructure projects such as the Dwarka Expressway and Noida Internationa..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?