REC joins hands with UNFPA for CSR initiatives

The projects will be implemented and financed through REC Foundation

GN Bureau | February 7, 2018


#UNFPA   #CSR   #REC   #PSU   #Rural Electrification Corporation  

To support various CSR innovative projects across the country, Rural Electrification Corporation Ltd (REC) and United Nations Population Fund (UNFPA), India have signed an agreement of Rs 32.84 crore.

The projects will be implemented and financed through REC Foundation—a society established to undertake CSR initiatives.

The cluster of REC-UNFPA projects will address important issues like adolescent health, girls’ empowerment, life skills for adolescents, reproductive health, and rehabilitation of young people in conflict-impacted areas. Ensuring these projects have a large footprint, there will be backward and forward integration into flagship government programme at the national and state levels.

UNFPA representative, Diego Palacios said that, “a strategic linkage to long-term programmes is essential to raise the sustainability quotient of CSR projects. Our close association with the government, large NGOs and national and international
development agencies helps connect the dots”.

CMD REC, P V Ramesh, said, “Corporate India’s commitment towards social development does not begin and end with providing funds for social responsibility. We are equally responsible for ensuring high return on investment on this part of our investment too. Our partnership with UNFPA will help usher in best-in-class standards into the way we plan, fund, monitor and evaluate CSR”.

Comments

 

Other News

Before India voted, the framers worried about the referee

“We are making a Constitution forever and not only for today.” Shibban Lal Saksena said this in the Constituent Assembly on June 15, 1949. He was warning that a ruling party might one day choose a loyalist to run India’s elections. Seventy-seven years later, the Supreme Court is wrestli

Delhi moves to real-time traffic management

The Cabinet Committee on Economic Affairs (CCEA), chaired by prime minister Narendra Modi, has approved implementation of the ITMS Project by Delhi Police at an estimated cost of Rs.1,789.52 crore, inclusive of taxes. The project will cover 42 identified traffic corridors and will be implemented in three

MDR on UPI: Can sustainability come without weakening the network?

The extraordinary transaction volumes and value (₹29.82 Lakh crore in August 2026 alone) of the Unified Payments Interface (UPI) have made it not only an Indian success story, but a global one. In 2024, UPI accounted for nearly 49% of the world’s real-time payment transaction volume, with more th

The Xi-Trump summit: The unending rivalry

Diplomacy is akin to an art, wherein the summitry, conflict resolution and negotiations form apt constituents of the entire context of deal making and “playing for keeps” in the international arena. The Xi-Trump summit in Washington last week, in which the American president broke all conside

“Indians, yet treated like outsiders”

Moving to Delhi-NCR for education can be an exciting experience for students from Northeast India. It gives us a chance to meet new people, experience a different culture and become more independent. But living away from home also comes with challenges that people who have not experienced them may not al

Import duty on major edible oils cut

The government has reduced the Basic Customs Duty (BCD) on major imported crude edible oils with a view to moderating domestic edible oil prices, providing relief to consumers and mitigating inflationary pressures arising from the sharp increase in international edible oil prices.  

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter