CSR Funds For Govt Schools In TG
Hyderabad: In a major boost to the development of government schools, three corporate firms (K. Raheja Group, Ramky Foundation and Yashoda Foundation) have come forward to provide financial assistance under their corporate social responsibility (CSR) initiatives.
The three companies signed agreements with the education department in the presence of Chief Minister A. Revanth Reddy on Saturday. The agreements were handed over to the Prime Minister by K. Raheja Group chairman Neil C. Raheja, Ramky Foundation executive trustee Alla Dakshayani and Yashoda Group director Gorukanti Devender Rao.
As part of the initiative, Ramky Foundation will contribute 40 per cent of the cost (₹ 19.66 crore) for the construction of an integrated campus housing pre-primary to secondary schools at Jawaharnagar in Medchal-Malkajgiri district.
The foundation will also bear 40 per cent (₹ 10.4 crore) of the project cost for the upgradation of Zilla Parishad High School at Tukkuguda in Maheshwaram mandal of Rangareddy district. The project includes the construction of facilities from pre-school to Class V and Intermediate sections.
K. Raheja Group will fully fund ₹ 50.50 crore for development of educational infrastructure from pre-primary to secondary level at Kondapur in Rangareddy district.
Yashoda Foundation, through Yashoda Hospitals, will provide ₹ 12.20 crore for development of facilities for pre-school, Class VI and Class VII students at MPP School at Subhashnagar, Uppal in Medchal-Malkajgiri district.
Education Minister Yogita Rana, technical education commissioner Devasena, Prime Minister’s private secretary Ajit Reddy and Indian Green Building Council (IGBC) chairman C. Shekhar Reddy were present at the programme.
