Vedanta, NABARD Collaborate to Boost Rural Livelihoods Through Skilling
ECONOMY & POLICY

Vedanta, NABARD Collaborate to Boost Rural Livelihoods Through Skilling

Vedanta Aluminium, India’s largest aluminium producer, has partnered with the National Bank for Agriculture and Rural Development (NABARD) to implement a Rs 1 crore rural development initiative focused on workforce skilling, water resource management, and agricultural diversification in Odisha’s Kalahandi district. The collaboration, formalised through an exchange of a sanction letter, marks a significant investment in building a skilled workforce and strengthening agricultural resilience in resource-rich but economically underserved regions.

Under this partnership, the two organisations will undertake a series of interventions aimed at boosting employment opportunities and ensuring long-term agricultural sustainability. The initiative will support the training of 60 rural youth under the ‘Food and Beverage Steward Course’ at Vedanta’s skills training centre in Lanjigarh, equipping them with industry-relevant skills that align with the region’s growing employment landscape. Already, 210 youth have been trained in the first phase of this project. In parallel, efforts will be directed toward strengthening agricultural infrastructure, including the creation of 275 water structures, including community ponds, farm ponds, check dams in the community, to enhance water security for farmers and the introduction of high-value crops such as turmeric, ginger, and marigold across 2380 acres of farmland, fostering the development of local micro-enterprises.

The agreement was formalized between Pranab Kumar Bhattacharyya, CEO – Alumina Business, Vedanta Limited, and Dr. Sudhanshu K K Mishra, Chief General Manager, NABARD Regional Office, Bhubaneswar, underscoring a shared commitment to sustainable rural development. By aligning with India’s national objectives of rural self-reliance and economic diversification, the collaboration reinforces Vedanta Aluminium’s commitment to leveraging industrial expertise for regional economic transformation.

Speaking on the occasion, Sunil Gupta, Chief Operating Officer, Vedanta Aluminium, emphasized the broader impact of the initiative, and said, “At Vedanta Aluminium, we believe that sustainable development begins with empowering communities. Our partnership with NABARD is a step towards creating a self-reliant rural economy by equipping youth with industry-ready skills and introducing innovative agricultural practices.”

Dr. Sudhanshu K K Mishra, Chief General Manager, NABARD, highlighted the importance of strategic partnerships in rural development, “NABARD is committed to fostering sustainable rural development through innovative partnerships that enhance livelihoods and strengthen agricultural resilience. Our collaboration with Vedanta Aluminium is a testament to the power of industry-led initiatives in driving meaningful change. By combining our strengths, this program will create lasting economic opportunities for rural communities in Odisha, empowering farmers and youth with the resources and skills needed for a more prosperous future.”

Vedanta Aluminium, a business of Vedanta Limited, is India's largest producer of aluminium, manufacturing more than half of India's aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the 'Metal of the Future' for a greener tomorrow.

Image Source: indiawhispers

Vedanta Aluminium, India’s largest aluminium producer, has partnered with the National Bank for Agriculture and Rural Development (NABARD) to implement a Rs 1 crore rural development initiative focused on workforce skilling, water resource management, and agricultural diversification in Odisha’s Kalahandi district. The collaboration, formalised through an exchange of a sanction letter, marks a significant investment in building a skilled workforce and strengthening agricultural resilience in resource-rich but economically underserved regions.Under this partnership, the two organisations will undertake a series of interventions aimed at boosting employment opportunities and ensuring long-term agricultural sustainability. The initiative will support the training of 60 rural youth under the ‘Food and Beverage Steward Course’ at Vedanta’s skills training centre in Lanjigarh, equipping them with industry-relevant skills that align with the region’s growing employment landscape. Already, 210 youth have been trained in the first phase of this project. In parallel, efforts will be directed toward strengthening agricultural infrastructure, including the creation of 275 water structures, including community ponds, farm ponds, check dams in the community, to enhance water security for farmers and the introduction of high-value crops such as turmeric, ginger, and marigold across 2380 acres of farmland, fostering the development of local micro-enterprises.The agreement was formalized between Pranab Kumar Bhattacharyya, CEO – Alumina Business, Vedanta Limited, and Dr. Sudhanshu K K Mishra, Chief General Manager, NABARD Regional Office, Bhubaneswar, underscoring a shared commitment to sustainable rural development. By aligning with India’s national objectives of rural self-reliance and economic diversification, the collaboration reinforces Vedanta Aluminium’s commitment to leveraging industrial expertise for regional economic transformation.Speaking on the occasion, Sunil Gupta, Chief Operating Officer, Vedanta Aluminium, emphasized the broader impact of the initiative, and said, “At Vedanta Aluminium, we believe that sustainable development begins with empowering communities. Our partnership with NABARD is a step towards creating a self-reliant rural economy by equipping youth with industry-ready skills and introducing innovative agricultural practices.”Dr. Sudhanshu K K Mishra, Chief General Manager, NABARD, highlighted the importance of strategic partnerships in rural development, “NABARD is committed to fostering sustainable rural development through innovative partnerships that enhance livelihoods and strengthen agricultural resilience. Our collaboration with Vedanta Aluminium is a testament to the power of industry-led initiatives in driving meaningful change. By combining our strengths, this program will create lasting economic opportunities for rural communities in Odisha, empowering farmers and youth with the resources and skills needed for a more prosperous future.”Vedanta Aluminium, a business of Vedanta Limited, is India's largest producer of aluminium, manufacturing more than half of India's aluminium i.e., 2.37 million tonnes in FY24. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 2nd in the S&P Global Corporate Sustainability Assessment 2024 world rankings for the aluminium industry, a reflection of its leading sustainable development practices. With its world-class aluminium smelters, alumina refinery and power plants in India, the company fulfils its mission of spurring emerging applications of aluminium as the 'Metal of the Future' for a greener tomorrow.Image Source: indiawhispers

Next Story
Resources

RentenPe and Mygate Partner to Transform Rent Payments in India

Through a strategic partnership, RentenPe and Mygate aim to streamline rent payments and promote financial inclusion by enabling rent-based credit scores for Indian renters. RentenPe, India’s first Rent Credit Score™ platform and a pioneer in rental fintech innovation, has entered a significant alliance with Mygate, the leading community management app in the country. This partnership will transform rent transactions for millions of Indian households by embedding RentenPe’s payment and rent credit scoring technology directly within the Mygate app. With this integration, all ren..

Next Story
Real Estate

Supreme Unveils New Brand Identity to Elevate Lifestyle

Supreme, a respected name in Indian real estate with a four-decade legacy, has announced a complete rebranding. The move includes the launch of a new logo and a revamped website, both reflecting the group’s refreshed vision to ‘Elevate Lifestyle’. This brand transformation represents more than a visual refresh—it marks a strategic shift in the company’s mission, visual identity and market positioning. The update will be visible across all of Supreme’s digital, social and offline communication platforms. At the core of the initiative is a renewed focus on purposeful design..

Next Story
Infrastructure Urban

Capri Loans Launches #TarrakiKeHaath Campaign Honouring India’s Everyday Heroes

Capri Global Capital Ltd (Capri Loans), a leading non-banking financial company, has unveiled its latest brand campaign, #TarrakiKeHaath, a powerful tribute to the everyday hands that build India — from kirana store owners and taxi drivers to dhaba workers, tailors, and carpenters. Narrated by Capri Loans’ long-standing brand ambassador and acclaimed actor Pankaj Tripathi, the campaign celebrates the dignity, resilience, and aspirations of self-employed individuals and small business owners who form the backbone of Bharat’s economy. Conceptualized by Rediffusion Brand Solutions, the..

Advertisement

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Advertisement

Talk to us?