Bajaj Finserv CSR Project Report

Project Report on Corporate
Social Responsibility (CSR)

Of Bajaj Finserv Limited
MARKETING (M1)
The CSR activities of Bajaj Group are guided by the vision and philosophy of its Founding
Father, Jamnalal Bajaj, who enunciated the value of trusteeship in business and laid the
foundation stone for its ethical and value-based functioning. The core elements of CSR activities
include ethical functioning, respect for all stake-holders, protection of human rights and care for
the environment. Bajaj Group generally implements the above initiatives through its employees,
Welfare Funds and Group NGOs / Trusts / Charitable Bodies operating at various locations in the
country. It also enlists the help of non-Group NGOs, Local Authorities, Business Associations
and Civil Society, wherever deemed necessary. Some of the major initiatives taken up during the
year under review are summarized below:Through Charitable and other Trusts, NGOs and
Group Companies
In addition to the activities carried out by the Group Companies, numerous charitable and rural
development activities are carried out through its various Trusts / NGOs etc. Some of those are
highlighted below :
Jamnalal Bajaj Foundation (JBF Foundation)
Activities carried out by JBF are highlighted as under :AWARDS:
The Foundation gives 4 Awards annually - each of the value ofRs.5 lakhs. Of these, three are
given to individuals in India for outstanding contribution in the fields of constructive work on
Gandhi an lines, application of science and technology for rural development and uplift and
welfare of women and children. The fourth one is an International Award - given to individuals
other than Indian citizens from foreign countries for their contribution to the promotion of
Gandhi an values outside India.
RURAL DEVELOPMENT:
The Foundation has been undertaking rural development work in select villages of Wardha
District, Maharashtra (since 1987) and in Shikohabad, Dist. Firozabad, U.P. (since 1992).
The activities are undertaken on the basis of the need of the local people. Special emphasis is
given on health, family welfare, immunization, supply of potable drinking water, sanitation and
Alternative source of renewable energy.
Healthcare
It conducted about 60 health check-up camps, including camps held in conjunction with
Kamalnayan Bajaj Hospital at Aurangabad. JBGVS runs a mobile clinic, in 20 villages in Pune
with a lady doctor and a nurse to provide primary health care services at the doorstep of the poor.
Tribal Development
A tribal development project, for 1000 tribal families, called Aamrai was launched on 21 August
2009. Rahul Bajaj, Chairman, BAL launched the project. This seven year project involves
Planting and tending of 27,000 mango trees and 18,000 amla trees on 900 acres of tribal
wasteland and distribution of goats, buffaloes & vermi-compost beds for 100 landless tribal
families. It is a Rs.3.50 crore project to be done over seven years in partnership with National
Bank for Agriculture & Rural Development. The project is expected to generate about Rs.4crores
annually from 8th year onwards and substantially improvethe quality of life of 1000 tribal
families.
Bajaj Allianz Insurance Companies
Bajaj Allianz initiated a `special awards ceremony and giveaway Recognition Awards to
`disabled / physically challenged individuals under different categories ranging from sports,
entertainment, business, employment and national service. It was a step to recognize and make a
difference to the livesof the physically challenged in India.
Trusts for Colleges
Shiksha Mandal, Wardha founded in 1914 by Late Shri Jamnalal Bajaj runs seven colleges with
around10,000 students on its rolls. These include colleges for commerce, science, agriculture,
and engineering polytechnic and rural studies. Its mission is to provide high quality education at
an affordable cost& to inculcate socially desirable values. One of its colleges, the Jankidevi Bajaj
College of Science has recently been selected by the University Grants Commission as a college
with potential for excellence. Ten of its students appeared in the university merit list. Two of its
colleges have received UGC grants to run remedial aching classes and training for competitive
exams forSC/ST students. A new Bajaj College of Engineering, funded by a Rs 25crore donation
from the Bajaj trusts is in the process of being formed. It is the only educational institution
chosen as a resource NGO by the Maharashtra Government for implementing a Rs.600 crore
project aimed at increasing farmer incomes in Vidarbha
OTHER CHARITABLE ACTIVITIES :

Employment Generation Programmes
Programmes of employment generation in the rural area have helped the women-folk and
scheduled castes and the poorer sections to develop self-confidence in themselves.
School under National Child Labor Project
4 Schools running with the financial support of National Child Labor Project (GOI), are
monitored and controlled by JBF.200 students and 20 staff members are part of these 4 schools.
Balwadi (Child Training Centre)
Balwadi is a pre-school, where under-privileged children are taught by trained teachers. The
Foundation is running24 Balwadis i.e. Bal Sanskar Kendra in rural areas for poor
Children below six years of age. It also runs free computer training classes, tailoring classes and
stitching classes for poor and needy people.
Community Awareness Campaign & Health Camp
The Foundation carried out people-to-people base awareness programmes about population
control, usage of toilet, health, hygiene etc. and organized health camps for women and
Handicapped persons.
Jankidevi Bajaj Gram Vikas Sanstha (JBGVS)
During the year under review, JBGVS undertook a number of development initiatives for
economic and environment Development, health care and prevention of HIV / AIDS, basic
education and literacy, women empowerment and social development. Activities carried out by
JBGVS for community development and Empowerment of women are highlighted below :
Rural Development
The company continued with its rural development activities in Pune and Aurangabad districts of
Maharashtra through JBGVS.JBGVS aims at integrated development of 43 selected villages,
to be carried out by the villagers under their own leadership and through unified efforts forged by
Government and local organizations with JBGVS acting as a catalyst.
Kamalnayan Bajaj Hospital

Kamalnayan Bajaj Hospital, located in Aurangabad in Marathwada region, is providing super
specialty and tertiary care medical facilities, not available elsewhere in this region.
Bajaj Auto Ltd. with its group companies, is supporting the Trust, named MMRI (Marathwada
Medical & Research Institute), which runs the hospital. In the last one year, hospital has
expanded its capacity from 150 beds to 250 beds and major part of the expansion has been for
general category patients. Recently, it has added cancer treatment facilities, including Linac
Accelerator& Brach therapy. Also added are MRI 1.5 Tesla equipment, new generation Siemens
Cath Lab for heart patients, latest ophthalmology equipment and other advanced facilities. The
hospital has been providing annually relief for close to55 000 patients on OPD basis and close to
7,000 patients, who are admitted to hospital for various treatments. It also provides intensive care
unit and cardiac care unit, with a capacity of 22beds and generally with an occupancy rate of
more than 95%.The hospital also runs a programme of providing relief to BelowPoverty Line
(BPL) and Economically Weaker Section (EWS) of the society with free / subsidized treatment.
It holds camps in the villages of the district of Aurangabad and close to 400 BP patients have
been treated at a cost of Rs. 41 lakhs.The Trust is in the process of starting a Nursing College in
2010-11.The Group has another 20 Trusts, which are also engaged in many CSR initiatives.
Thus, what is listed above is not exhaustive, but only illustrative to give a glimpse of the
importance being given by the company and the Group towards CSR.A publication of the Group
Beyond Profits Philanthropic Activities of the Bajaj Group, setting out in greater detail the
CSR activities of the Group can be made available to any shareholder on request.

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Bajaj Finserv CSR Project Report

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Project Report on Corporate

Social Responsibility (CSR)

OTHER CHARITABLE ACTIVITIES :

Community Awareness Campaign & Health Camp

Kamalnayan Bajaj Hospital

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