CSR Current Affairs
The Airport Authority of India (AAI) has signed Memorandum of Understanding (MoU) with Assam government for sustainable development of human settlements at villages in Kamrup district.
As per terms of MoU, AAI will provide financial assistance of Rs. 4.58 crore for Kamrup district under its Corporate Social Responsibilities (CSR) initiative. The estimates of the financial assistance have been prepared by United Nations Development Programme (UNDP) to improve resilience of communities around Guwahati Airport. The AAI through its CSR policy supports such initiatives for promoting infrastructure for convenience of population with view to improve resilience of communities.
Airports Authority of India (AAI)
AAI is statutory body under aegis of Ministry of Civil Aviation. It was founded in April 1995 and is headquartered in New Delhi. It is responsible for creating, upgrading, maintaining and managing civil aviation infrastructure in India. It also provides Air traffic management (ATM) services over Indian airspace and adjoining oceanic areas. AAI manages around 125 airports in India, which include 18 International Airport, 7 Customs Airports, 78 Domestic Airports and 26 Civil Enclaves at Defence airfields.
Hyderabad-based GVK Biosciences (GVK BIO) has been awarded prestigious Global CSR Excellence & Leadership Award.
The company was bestowed with this award in the category of Best Environment Friendly Project for its ambitious Go Green, Grow Green plantation drive under its Corporate Social Responsibility (CSR) initiative.
Under the mega plantation drive, GVK BIO had planted over 1400 saplings of Pongamiapinnata, Peltophorumferrugunium and Azadirachtaindicain in its Nacharam and Mallapur campus. For watering and soil maintenance of these saplings, company also has tied up with the GHMC.
Global CSR Excellence & Leadership Award: Established by the World Corporate Social Responsibility (CSR) Congress. They are bestowed annually on eve of World CSR Day on companies that believe in the value of sustainable CSR.