Company: Mangalore Chemicals And Fertilizers Ltd
Income 2005-2006 = Rs 900 Cr (rounded off)
Net profit after tax (05-06) = Rs 25 Cr (rounded off)
Karmayog CSR Rating- 2/5
CSR activities:
Community initiatives
As a responsible corporate citizen, responsive to the needs of the community around is our objective. The government of UK had, in 1975, granted an aid of Rs.40 lakhs under the Colombo Plan for overall development of villages in developing countries.Several villages were surveyed and finally Sanganakal village of Bellary district and Herur village of Raichur district were selected for overall up.
liftment of the poor farmers of these villages with marginal land holdings. For this, a trust was formed under the name UK-MCF-TGB-GRAMA VIKAS PROJECT. The primary objectives of the trust are to sustain and enhance agricultural productivity and help farmers diversify into allied activities like dairy, poultry, silk rearing, etc.Certain agencies committed to rural development, The University of Agricultural Sciences, Department of agriculture and Tungabhadra Grameena Bank, have actively co-operated with MCF in meeting the social objectives of the Trust.The activities of the Trust over the years has included rural education in health care, setting up reading rooms, empowering women, providing drinking water, conservation of energy, donating critical equipment to rural hospitals, furniture to rural schools, construction of community centers and rural hostels and training villagers in subsidiary occupations.
Some of the developmental activities undertaken by the Trust are:
�Adopting Sangankal village in Bellary District, Herur village in Raichur District, Kulinje village of Kundapur Taluk and Lingappayyana Kadu village in Dakshina Kannada District for a period of three years for overall development.
�The projects undertaken include construction of Community bath and toilets, providing better infrastructure to the schools, improving their libraries, construction of community halls and hostels and providing water distribution systems.
�Formation of a Mangala Farm Club in the villages and organizing sports activities, free health check-up, eye camps, etc. in association with the Lions Club.
�Participation in the construction of a ‘Mangala Bhavan’ Auditorium in the Rotary School, Moodabidri, Dakshina Kannada District, by giving financial assistance.
�Providing Sewing Machines to Mahila Mandals, plant protection equipment to Yuvaka Mandals, Swasthic Chulhas under the non-conventional Energy Resource Scheme, community TV sets, etc. in different villages.
�Extending financial assistance for surgeries and intra-ocular lens implants to the disabled in association with reputed eye hospitals.
Environment : Pollution
With the aim of ensuring minimum disturbance to the ecology, all possible precautions have been taken to avoid pollution. Effluent treatment and disposal systems in a number of chemical plants in India and abroad have been studied and a suitable system has been designed and built in consultation with specialists in effluent treatment and allied engineering activities. The Karnataka State Pollution Control Board has accorded formal approval after studying the effluent treatment system installed. There is zero liquid effluent discharge. Suitable modifications have also been made in the Urea plant to substantially bring down the noise and air pollution levels during plant start-ups and upsets
Welfare measures :
The Company has introduced a innovative Accident Insurance Scheme for its customer farmers called the ‘Mangala Raitha Suraksha Vima Yojane’ from September 2002.
The scheme is open to all Mangala farmers in the Company’s marketing territory. The nominee of the insured gets a financial benefit upto Rs.25,000 in the event of accidental death or partial disablement.
The entire expenses of this Group Insurance Policy is met by the Company at no cost to the farmer.
So far 1,49,360 policies have been distributed. Ten farming families have so far benefited from this scheme.
Amount spent on CSR : No information regarding the amount spent on CSR was available on the homepage .
Contact details : Mangalore Chemicals And Fertilizers Ltd
5, Crescent Road, High Grounds, Bangalore – 560 001
Tel:(91)-80-22208990/1/2/3/4
Fax:(91)-80-22208989
Email : vcp@mangalorechemicals.com
Web address : http://www.mangalorechemicals.com