Vedanta enrols local communities in Government Social Security Schemes at Lanjigarh3rd September 2021
Lanjigarh, Kalahandi district, Odisha; 3rd September, 2021: Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, is working towards inclusion of underprivileged sections of the society in Social Security Schemes by the Government of India, under NITI Aayog’s Aspirational Districts Program. With the objective of sensitizing communities living in remote areas on schemes like Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY), Vedanta has been conducting awareness sessions on the benefits of utilizing these schemes.
Vedanta has organized the community welfare programme in Bengaon and Lanjigarh gram panchayats, in collaboration with the State Bank of India (SBI) and the Indian Overseas Bank, with over 120 participants attending the sessions. The bank officials interacted with community members, distributed insurance certificates and provided information on the do’s and don’ts of insurance coverage. The attendees were also urged to spread the word so as to maximise the number of people who can avail such schemes. Through the company’s efforts, over 600 people are currently enrolled under both the schemes which makes them eligible to avail a Life Insurance cover and an Accident Insurance cover of INR 2,00,000 each. The company aims to enrol 2000 beneficiaries in these schemes by the end of financial year 2022.
Speaking about this initiative, Mr. GG Pal, Dy. CEO – Alumina Business, Vedanta Ltd., said, “Our community development initiatives are aimed at improving the quality of life of our local communities. There are many welfare schemes and programmes that have been rolled out by the central and state government for the benefit of unprivileged sections of the society. However, limited access to information keeps them from availing the benefits therewith. With our initiative, we aim to create avenues for dialogue between communities and banks, with the ultimate objective of ensuring their inclusion in these welfare schemes.”
Ms. Sukanti Majhi, Sarpanch, Bengaon Gram Panchayat and Mr. BB Satpathy, Assistant Block Development Officer – Lanjigarh, were also present at the sessions. Sumita Chandan, a resident of Rajapada village in Lanjigarh, who has been enrolled under both schemes adds, “Earlier, we were not aware that such Social Security Schemes are in place for us. Thanks to Vedanta, I now know that my children will be taken care of financially, in case anything were to happen to me. This makes me feel secured. I wholeheartedly thank the Vedanta-NITI Aayog team, for this initiative.”
Under the NITI Aayog Aspirational Districts Program, Vedanta is working in the realms of Health & Nutrition, Education, Agriculture & Water Resources, Financial Inclusion & Skill Development, and Basic Infrastructure to drive tangible outcome in the standard of living of Lanjigarh residents. Vedanta’s social interventions in the domains of sustainable livelihood, women empowerment, health, quality education, water and sanitation, bio-investment and community infrastructure reach out to about 60 villages in Lanjigarh and nearby areas, benefiting about a lakh people in a year. It empowers more than 3000 women from 305 self-help groups (SHGs), provides healthcare services to about 60,000 people annually, gives educational support to more than 2800 students, has planted more than 5.4 lakh trees in the community, and built 500 plus infrastructural projects at a community level.
Vedanta is the largest producer of aluminium in India and remains the premier manufacturer of metallurgical grade alumina. The company operates a 2 MTPA (million tonnes per annum) capacity alumina refinery in Lanjigarh (Kalahandi district, Odisha), India since 2007 and an associated 90 MW captive power plant. 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.
About Vedanta Limited:
Vedanta Limited, a subsidiary of Vedanta Resources Limited, is one of the world’s leading Oil & Gas and Metals company with significant operations in Oil & Gas, Zinc, Lead, Silver, Copper, Iron Ore, Steel, and Aluminium & Power across India, South Africa, Namibia, and Australia. For two decades, Vedanta has been contributing significantly to nation building. Governance and sustainable development are at the core of Vedanta's strategy, with a strong focus on health, safety, and environment. Vedanta has put in place a comprehensive framework dedicating itself to the highest ESG standards to emerge as leaders in this space. It is among the 24 Indian companies who are signatories to the ‘Declaration of the Private Sector on Climate Change’ and is committed to decarbonizing its operations by 2050. Giving back is in the DNA of Vedanta, which is focused on enhancing the lives of local communities. The company’s flagship social impact program, Nand Ghars, have been set up as model anganwadis focused on eradicating child malnutrition, providing education, healthcare, and empowering women with skill development. Under the aegis of the Anil Agarwal Foundation, the umbrella entity for Vedanta’s social initiatives, the Vedanta group has pledged Rs 5000 crore over the next five years on social impact programmes with a thrust on nutrition, women & child development, healthcare, animal welfare, and grass-root level sports. Vedanta and the group companies company have been featured in Dow Jones Sustainability Index 2020, and was conferred Frost & Sullivan Sustainability Awards 2020, CII Environmental Best Practices Award 2020, CSR Health Impact Award 2020, CII National Award 2020 for Excellence in Water Management, CII Digital Transformation Award 2020, ICSI National Award 2020 for excellence in Corporate Governance, People First HR Excellence Award 2020, ‘Company with Great Managers 2020’ by People Business and certified as a Great Place to Work 2021. Vedanta’s flagship Nand Ghar Project was identified as best CSR project by Government of Rajasthan. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange in India and has ADRs listed on the New York Stock Exchange.
For more information, please visit www.vedantalimited.com
About Vedanta Aluminium Business:
Vedanta Aluminium Business, a part of Vedanta Limited, is India’s largest producer of Aluminium, producing almost half of India’s aluminium or 1.96 million tonnes per annum (MTPA) in FY21. Vedanta is a leader in value-added aluminium products that find critical applications in core industries. 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.
For more information, please log on to www.vedantaaluminium.com
For Further Information, Please Contact:
This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward-looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional, and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different than those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.