Vedanta-Electrosteel (ESL) has signed an MoU with the National Bank for Agriculture and Rural Development (NABARD) and Government Seva Sangh (GSS) under the PPP (Public-Private Partnership) Model with an objective to create a farm-based livelihood opportunities for farmers under Corporate Social Responsibility.
The MoU was signed by A K Padhi, CGM, NABARD, Pankaj Malhan, CEO, ESL Steel Ltd. and Vikash Rao Sathe, Secretary, GSS with an aim to create a farm-based livelihood opportunity for 500 farmers and to develop a 500-acre agricultural hub in and around ESL's CSR operational area, informed an ESL Public Relation Official.
The unique project has four components: Soil and water management, orchard development, sustainable agriculture and development of farmers based institutions, said the official.
Pankaj Malhan, CEO, ESL Steel Ltd said, “This is the most popular developmental program of NABARD. Under the WADI project, tribal families are supported for developing a one-acre orchard in waste or dry land owned by them, along with inter-cultivation.”
