Mahanadi Coalfields Ltd (MCL) has signed an MoU with Bharatiya Agro Industries Foundation (BAIF) for a CSR project to uplift the economic status of rural households in Odisha by providing them with sustainable livelihood opportunities.
The company will spend Rs 20.29 crore for the CSR project ‘Utthaan’ in the next five-and-half-a-year under this Memorandum of Understanding (MoU).
It was signed by B Sairam, General Manager (CSR), MCL and D N Shindey, vice-president, BAIF, in the presence of L N Mishra, Director (Personnel), MCL on Friday, a company official said.
“This association of MCL with BAIF, which has a proven record in the field of community development, will go a long way in the socio-economic development of rural peripheral villages,” Mishra said. Read more
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