December 02, 2008

TATA Steel announce 2 social initiatives

BS reported that TATA Steel has pledged INR 100 crore to a social initiative program involving two projects, a comprehensive land and water management scheme and schools for tribal children, as a part of its centenary celebrations.

Mr B Muthuraman MD of TATA Steel announced the project at the Tata Steel Archives in Jamshedpur. He said “We always believe in giving back to society many times over than what we take.”

As per report, the comprehensive land and water management scheme will run for five years and will be dedicated to the economically weaker sections of society in and around Jamshedpur and the states where TATA Steel operates. The project will create irrigation facilities for tribals, set up water user cooperatives, develop wastelands and promote horticulture and agro forestry. The project will also encourage agricultural improvement through technological up gradation. TATA Steel will take on land and water management projects in Jharkhand, Chhattisgarh and Orissa and touch 40,000 tribal households. TATA Steel will depute the TATA Steel Rural Development Society, Jamshedpur as the nodal agency for implementing the project.

The second project involves setting up all day schools for children from scheduled caste and scheduled tribe families in backward districts of Jharkhand, Chhattisgarh and Orissa. The schools will be able to take 1,000 children each.