Northern Coalfields to spend Rs 133 cr on CSR in FY22

The Ministry of Coal announced on Saturday that Northern Coalfields Limited (NCL) plans to spend Rs 132.75 crore on corporate social responsibility (CSR) activities this fiscal year. In 2020-21, the company spent around Rs 130 crore on CSR. Northern Coalfields Ltd (NCL), a coal ministry company, will provide plastic engineering training to 500 youth living in and around NCL's operational areas, ensuring their job readiness in the competitive market. According to the ministry, the training will be organised with the help of the Central Institute of Petrochemicals Engineering and Technology (CIPET) in Chennai. NCL will spend Rs 70,000 per trainee as part of its CSR programme for this residential training programme, which includes course fees, course materials, uniforms, training kits, housing, and other overhead costs. CIPET will provide training in plastic processing, injection moulding, blow moulding, and plastic recycling to the selected candidates at its centres in Bhopal, Gwalior, and Lucknow. The National Skill Qualification Framework (NSQF) has set the standards for this training programme, which has been approved by the National Skill Qualification Committee (NSQC). In this regard, NCL's holding company, Coal India, and CIPET, Chennai, have signed a Memorandum of Understanding (MoU). NCL, in collaboration with CIPET, held a two-day screening session at the Nigahi and Khadia projects to select candidates, and 345 qualified candidates were chosen for the skill development programme. The remaining candidates will be chosen in subsequent rounds of screening. NCL owns and operates ten highly mechanised opencast coal mines that produce 15% of the country's coal. In the previous fiscal year, the company produced over 115 million tonne (mt) of coal. Image Source Also read: Coal India plans Rs 17,000 cr capital expenditure target in FY22