IFCI Ltd
Sales (2007-2008) = Rs.1900 crores (rounded off)
Net profit after tax = Rs.1000 crores (rounded off)
CSR Budget: Not available
Karmayog 2008 CSR Rating: 1/ 5
CSR activities:
Rashtriya Gramin Vikas Nidhi (RGVN)
RGVN was promoted by IFCI in 1990 as a non-profit institution registered under the Societies Registration Act, 1860 to promote organisations for the social and economic upliftment of underprivileged sections of society. Subsequently, IDBI, NABARD and the Tata Social Welfare Trust joined as co-sponsors.
RGVN is also registered with the Foreign Contribution Regulation Act and has also obtained exemptions under Section 80G of the Income Tax Act providing tax concessions to donors. Founded as organizational innovation in support of social action, RGVN’S main objectives are to:
�€€€€€€€ Promote, support and develop voluntary organizations engaged in the social and economic uplift of rural and urban poor, physically and socio-economically handicapped people
�€€€€€€€ Improve the pace and quality of economic development, especially relating to the village and decentralized sector
�€€€€€€€ Focus attention on groups which are disadvantageously placed in society, but have the potential for pursuing socially and economically productive activities
�€€€€€€€ Assist the urban and rural poor especially tribals, scheduled caste, women and children for their economic self sustenance
RGVN is headquartered at Guwahati, Assam and has a presence in 14 states across the country. Its activities are focussed on north-eastern and eastern India. The program activities today have extended to cover eastern Uttar Pradesh, Bihar, Jharkhand, Orissa, north-eastern Andhra Pradesh and the Bastar region of Chhattisgarh.
Note :
Industrial Finance Corporation of India (IFCI), Industrial Development Bank of India (IDBI), National Bank for Agriculture and Rural Development (NABARD) and Tata Social Welfare Trust (TSWT) are the sponsors of RGVN.
Source:
www.ifciltd.com/SubsidiariesAssociates/RashtriyaGraminVikasNidhi/tabid/113/Default.aspx
Contact Information:
IFCI Ltd
IFCI Tower, 61 Nehru Place
P.B. No. 4499, New Delhi-110019
Delhi
Phone : 11 – 4179 2800, 4173 2000, 2648 7444, 2648 7622
Fax : 11 – 2648 8471, 2623 0201
E-mail : helpdesk@ifciltd.com
Website : www.ifciltd.com/
Industry Sector: Finance – Term-Lending Institutions
Products / Services: Finance – Term-Lending Institutions
Other locations of factories / offices: Regional Offices : Mumbai, Delhi, Bangalore, Kolkata, Hyderabad, Bhopal, Chandigarh, Lucknow, Jaipur, Chennai, Ahmedabad
Other Offices: Guwahati, Kochi, Patna, Bhubaneshwar, Panaji, Pune