Vedanta Lanjigarh-supported Shaktimayee group of women entrepreneurs completes 6 years

30th September 2022

  • It now has nearly 4000 members spanning 67 villages across Kalahandi and Rayagada

Lanjigarh, Kalahandi District; 30th September 2022: Vedanta Limited, Lanjigarh, India’s premier producer of metallurgical grade alumina, recently observed the 6th Shaktimayee Foundation Day. The event celebrated the achievements of the Shaktimayee Foundation, a collective of women Self-Help Groups (SHGs) supported by Vedanta Limited, Lanjigarh in partnership with the Mahashakti Foundation, an organisation working towards livelihood development among less-privileged groups.

Commencing operations in 2016, the Shaktimayee Foundation is today an enthusiastic group of nearly 4000 women entrepreneurs across the districts of Kalahandi and Rayagada. Formed under Vedanta’s Project Sakhi, an initiative to empower women through skill training and livelihood generation opportunities, the group has helped spark social transformation through its member network. It focuses on helping its members establish market linkages to promote and sell their products, while guiding them in accessing social security services and institutional credit resources. Their efforts help promote social and financial inclusion, livelihood generation, and enterprise promotion.

As part of the Shaktimayee Foundation Day activities, Vedanta Lanjigarh organised several events, including the release of the Foundation’s Annual Report FY21-22, awarding best-performing SHGs, and recognising individual members who had successfully built income generation projects. The group’s members also collectively brainstormed on its way forward and possible new projects.

Commending the members of Shaktimayee Foundation, Mr. GG Pal, Dy. CEO – Alumina Business, Vedanta Limited, said, “Through the Vedanta Sakhi project, we are expanding the income creation avenues available to women in Lanjigarh and its surrounding areas, in line with the UN Sustainable Development Goals of Gender Equality, Reduced Inequalities, Decent Work & Economic Growth, and Sustainable Communities. By aiding rural women in establishing themselves as income generators within their own households and shared neighbourhoods, Vedanta Lanjigarh enables them to become equal stakeholders in the development of their communities.”

Shri. Maheshwar Das, District Development Manager – NABARD, Kalahandi, said “Building a sustainable ecosystem for women entrepreneurs to thrive, and enabling them with the diverse tools to succeed, is the key to creating self-sustaining rural communities. Initiatives such as Vedanta Sakhi greatly reinvigorate the pace of socio-economic activity and growth in rural areas, enabling them to be identified as independent job creators rather than merely labour sources for urban areas.

Smt. Jasoda Behera, President, Shaktimayee Foundation, also expressed her gratitude, saying “Our members comprise of hardworking women who only need the right opportunities to demonstrate their infinite capabilities. The ability to earn an independent income and contribute to their family’s socio-economic wellbeing is an enormous confidence booster. Vedanta, with its consistent commitment to empowering our members with lasting skills over the past six years, has demonstrated great dedication to the sustainable wellbeing of rural women.”

Vedanta Lanjigarh’s developmental interventions are aimed at improving the quality of life of local communities. Together, they help positively impact the lives of over 25000 people in Lanjigarh and its surrounding areas. Vedanta Lanjigarh’s women-focused initiatives have helped drive the socio-economic transformation of the areas surrounding its operations. One such initiative, Vedanta Nand Ghar, reimagines anganwadis as community hubs for women and child development, and is creating new avenues and growth opportunities for community members through comprehensive skill development programs and livelihood training sessions.

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing half of India’s aluminium i.e., 2.26 million tonnes in FY22. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 4th in the Dow Jones Sustainability Index (DJSI) 2021 world rankings for aluminium industry, a reflection of its sustainable development practices. The company operates a 2 MTPA (million tonnes per annum) capacity alumina refinery in Lanjigarh (Kalahandi district, Odisha), India since 2007 and an associated 75 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 and Namibia. 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 to be the ESG leader in the natural resources sector. Vedanta is committed to reducing carbon emissions to zero by 2050 or sooner and has pledged $5 billion over the next 10 years to accelerate the transition to net zero operations. 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 have been featured in Dow Jones Sustainability Index, and was conferred Frost & Sullivan Sustainability Awards 2020, Golden Peacock Award for excellence in Corporate Governance 2022 and certified as a Great Place to Work 2022. Vedanta Limited is listed on the Bombay Stock Exchange and the National Stock Exchange.

For more information, please visit www.vedantalimited.com

About Vedanta Aluminium Business:

Vedanta Aluminium, a business of Vedanta Limited, is India’s largest producer of aluminium, manufacturing more than half of India’s aluminium i.e., 2.29 million tonnes in FY23. It is a leader in value-added aluminium products that find critical applications in core industries. Vedanta Aluminium ranks 1st in the S&P Global Corporate Sustainability Assessment 2023 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.

For more information, please log on to www.vedantaaluminium.com

Follow us on LinkedIN, Facebook, Twitter, Instagram

Disclaimer:

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.