~ Launched on World Water Day, the projects are expected to positively impact the health of around 1300 students in Bengaluru~
Bengaluru, 23 March 2018: Fullerton India Credit Company Limited (Fullerton India), a leading non-banking financial company in India with a strong pan-India presence, reinstates its commitment to improve community life by providing clean and safe drinking water to school children in Bengaluru, on the occasion of World Water Day. Fullerton India has tied up with ‘Enable Health Society’ – a national NGO, which works to influence health behaviour, and Piramal Sarvajal – a mission driven social enterprise seeded by the Piramal Foundation, which designs and deploys innovative solutions by creating affordable access to safe drinking water in underserved areas, to facilitate execution of this initiative. The partnership will support the installation of RO-UV water purification units in Government Model Higher Primary School at Hebbal and Government Higher Primary School at Vartur.
Commenting on this initiative, Ms. Ayoshmita Biswas, Head of Marketing and CSR, Fullerton India Credit Company Limited, said, “Access to clean drinking water is a continuous challenge for our country, especially in Bengaluru which is currently facing water shortage. We aim to provide clean drinking water to school children thereby minimising absenteeism in school, largely caused by water borne diseases. Currently we have similar projects running in Shimla, Dehradun and Chandigarh. We believe that our recent project in Bengaluru will have a similar impact.”
Along with Bengaluru, clean drinking water units will also be installed in few schools across Surat and Delhi, over the course of the month, reaching out to 8000 additional students. These schools have been shortlisted basis an in-depth study conducted with respect to the need and availability of resources, water quality and student strength. The water purification units installed in these schools will have a Soochak, (remote monitoring device) mounted on the RO-UV unit which will help track water usage and alert in case of safety issues. This will reduce machine downtime and improve efficiency, thereby ensuring uninterrupted access to clean drinking water.
This project has been introduced under the CSR arm of Fullerton India – UDAY, which focus on three keys aspects of development namely social, economic and the environment. Some of the other CSR initiatives by Fullerton India include Jeevika – vocational training programme for women, Jyoti – vision care initiatives, Pashu Vikas – cattle care progammes, Gurukul – basic skill training courses to facilitate the employment of youth, Akshar – English speaking and personality development courses, Niramaya – general health check-up camps for women and children and Krishi Mitra – organic farming and bee keeping programmes amongst others. Over the past two years, Fullerton India has also been working closely with various partners to provide mid-day meals in government schools for over 10,000 children across the country.
About Fullerton India Credit Company Limited:
Fullerton India Credit Company Limited (Fullerton India) is one of India’s leading Non-Banking Finance Companies (NBFC). The total revenue of the company for the fiscal year ending March 2017 stood at Rs. 1,608 crore. As on 31st December 2017, the AUM of the company stood at Rs. 13810.9 crore, serving 16.95 lakh customers through a widespread network of 527 branches spread across 22 states and 3 union territories, reaching out to 600 towns and over 51,000 villages in the country. Fullerton India offers several retail finance products for varying needs of customers ranging from rural households to SMEs, in the locations it serves. In February 2016, Fullerton India launched its housing finance company – Grihashakti. The company is headquartered in Mumbai and operates through 62 branches spread across 9 states – Gujarat, Karnataka, Madhya Pradesh, Maharashtra, Rajasthan, Tamil Nadu, Andhra Pradesh, Telangana and West Bengal. Fullerton India is a wholly-owned subsidiary of Fullerton Financial Holdings, Singapore, which is again a subsidiary of Temasek Holdings, Singapore