Vedanta’s social initiatives benefit 4.23 crore people
Vedanta Ltd has positively impacted the lives of 4.23 crore people across the country through its various social development initiatives, the company announced in its maiden Social Impact – CSR report released today. Over the years, Vedanta has built many impactful CSR programs in India and is considered one of the most socially responsible corporations in the country.
The company spent Rs 331 crores in the last financial year on various CSR activities with focus on pandemic relief works, children’s well-being & education, women empowerment, health care, sustainable agriculture & animal welfare, market linked skilling of youth, environment protection & restoration, development of community infrastructure among others.
The comprehensive social impact report lays out Vedanta’s CSR policy, including the aims and objectives, implementation and audit guidelines as well as the activities being carried out across 56promiment projects across the country in various sectors including education, sustainable livelihoods, health, skilling, women empowerment, environment, sports, water, sanitation and community development.
Earlier this year, Vedanta announced the social development roadmap through the Anil Agarwal Foundation (AAF) and pledged Rs 5,000 crore as part of their Give Back towards its rural upliftment programs.
AAF’s ‘Swasth Gaon Abhiyaan’, will provide end-to-end healthcare services across 1,000 villages in 12 states, impacting the lives of more than 2 million people.
India: 1st Asian Country to launch a Plastics pact
This new platform was developed by World-Wide Fund for Nature-India (WWF India) in collaboration with the Confederation of Indian Industry (CII).
It will help to promote a circular system for plastics.
New platform was launched by British High Commissioner to India, Alexander Ellis.
It will bring together prominent enterprises on a national level in order to make pledges for the creation of a circular plastics system.
Under the pact, 100 per cent of plastic packaging will be made reusable or recyclable, 50 per cent of plastic packaging will be effectively recycled and 25 per cent average recycled content will be made across all plastic packaging.
Award for Sea Turtle Conservation
Indian biologist Shailendra Singh won the Behler Sea Turtle Conservation Award for bringing back three critically endangered protected species of sea turtles from the brink of extinction.
The award has been bestowed with the help of various international bodies concerned in turtle conservation such as IUCN/SSC Tortoise and Freshwater Turtle Specialist Group, Turtle Survival Alliance,Turtle Conservancy, and the Turtle Conservation Fund.
World Social Protection Report 2020-22- Highlights
As per report, more than half of the world population are not getting any form of social protection. This trend of no social protection is there even after expansion of social protections amidst the global outbreak of COVID-19.
Only 47 per cent of the global population had effective access to one social protection benefit, in 2020 while 53 per cent (4.1 billion people) had no protection at all.
People in Europe and Central Asia are among the best covered population. 84 per cent of populations in Europe and Central Asia are having access to at least one benefit.
PM addresses plenary session of the Eastern Economic Forum (EEF)
During the session, Prime Minister noted that, India-Russia energy partnership can bring stability in the global energy market. At the same time, International North-South Transport Corridor will bring both the countries closer.
The plenary session of the Eastern Economic Forum (EEF) was held in Vladivostok.
EEF is an international meet, held annually in Vladivostok in order to encourage foreign investments in the resource-rich but underdeveloped Far East region of Russia. Russia has actively engaged India to invest in this region, following which India had announced a $1-billion line of credit for the Far East during EEF 2019.
Energy is one of the major pillars of India-Russia strategic partnership. Energy partnership between both the countries can help in bringing stability in the global energy market.
Both the countries have also been making a Chennai-Vladivostok maritime corridor. This connectivity project and International North-South (Transport) Corridor will bring both the countries physically closer.
India’s state-run Mazagon Docks Limited (India’s largest shipyards) will partner with Russian ship-building facility at Zvezda in order to build important commercial ships in the world.
IISc-ISRO develop device to conduct microbial experiments in outer space
Researchers from the Indian Institute of Science (IISc) and Indian Space Research Organisation (ISRO) have developed device to conduct microbial experiments in outer space.
This modular, self-contained device can be used to cultivate microorganisms which in turn, enable scientists to carry out biological experiments even in outer space.
This study was published in Acta Astronautica. Researchers showed how this device can be used to activate and track the growth of a bacterium called Sporosarcina pasteurii for several days with minimal involvement of human.
This understanding of how these microbes behave in extreme environments will provide valuable insights for human space missions like ‘Gaganyaan’ that is set to be launched in 2022.
Social protection comprises of access to healthcare and income security in cases of unemployment, old age, inability to work, and for families with children.