Steel has been involved in various social development and
welfare programmes right from its inception. To mark the Centenary
celebrations this year, the Company plans to undertake various
social outreach programmes that would significantly contribute
towards the development of several underpriviledged communities
in and around Jamshedpur.
Tata Steel Centenary Project
Ratan Tata Trust
Established in 1918, Sir Ratan Trust is one of India's oldest grant-bestowing foundations. It was set up following the death of Sir Ratan Tata, the younger son of Group founder Jamsetji Tata. Following his wishes, the Trust helps further “the advancement of education, learning and industry in all its branches". The trust operates in accordance with Sir Ratan Tata’s will.
The Trust broadly offers two types of grants; namely, Institutional grants which encompasses programme grants, endowment grants and small grants and Individual grants that basically comprise medical and educational grants.
During 2005-06, the total disbursals made by the Trust rose to Rs 583.54 million ($12.97 million). This was an increase of 14 per cent over the previous year.
The Ratan Tata Trust has been recognized as the Tata Steel Centenary Project (TSCP). The Trust has signed a Memorandum of Understanding (MoU) with Tata Steel on April 17, 2007, for providing technical support to the Centenary Project. The MoU will remain valid for a period of 5 years beginning April 1, 2007.
Tata Steel, through the Rs 100 crores mega initiative for the centenary has decided to promote land and water management initiatives in the backward tribal blocks of the states of Jharkhand, Chattisgarh and Orissa. Through the TSCP, the company aims to positively impact the livelihood of 40,000 poor tribal households in the above mentioned states of India. The Company aspires to create these blocks into models of excellence that may be replicated both by the Government and corporate entities active in the area of community development.
The Tata Steel Centenary Project will offer the following benefits to the tribal people:
- Creation of assured irrigation facilities for the tribals
- Setting up of water user co-operatives
- Development of waste land
- Promotion of horticulture and agro-forestry
- Encouragement in improvement of agricultural output
through technological up-gradation
While Tata Steel will depute Tata Steel Rural
Development Society (TSRDS), Jamshedpur, as its nodal agency
for implementing TSCP, Sir Ratan Tata Trust will appoint the
Central India Initiative (CInI) Cell to provide technical
support and overall guidance to this project. The CInI Cell,
set up by Sir Ratan Tata Trust, will focus on issues relating
to problems of livelihood of communities across the tribal
belt of Central India in a comprehensive manner.
To commemorate the Centenary year, a second initiative is
in the anvil; the launch of three all-day schools for SC/ST
children in backward districts of Jharkhand, Orissa and Chhattisgarh,
that will have about a 1000 children in each school.