CSR Watch

GRSE signs MoU with Ramakrishna Mission, Belur Math

Defence Watch Bureau

New Delhi: Garden Reach Shipbuilders & Engineers Ltd (GRSE) has signed a Memorandum of Understanding (MoU) with Ramakrishna Mission, Belur Math, to support five Gadadhar Abhyudaya Prakalpa (GAP) Units in and around Ranchi in the state of Jharkhand for the next three years. GAP is a project initiated by Belur Math for the development of poor children. It is a composite programme having different activities for physical, mental and intellectual development of thousands of underprivileged children.

'GRSE committed to community involvement'

GRSE which has a Diesel Engine Plant in Ranchi has made this commitment in line with its stated and well-defined value system of being dedicated to community involvement. Under this value system, GRSE plans to continue being an active participant in improving the quality of life for the communities in which it operates, or society as a whole. GRSE is focused on giving back and making a difference in the communities where it operates as a business. The company strongly believes that its business is only as strong and sustainable as the communities it serves. GRSE is focused on enhancing the communities where we live and work through education and youth development. Its goal today as well as in the future will be to improve the quality of life in the communities in which it operates.

MoU to benefit 250 children

"This collaboration aims to provide physical, mental and educational development to approx. 250 underprivileged children residing in slums, streets, interior villages etc. in and around Ranchi," a statement said. GRSE Chairman & Managing Director Rear Admiral VK Saxena, IN (Retd), along with Director (Finance) SS Dogra, Director (Personnel) AK Nanda, Director (Shipbuilding) Cmde. Sanjeev Nayyar, IN (Retd.), and other senior officials of GRSE attended the event. The MoU was signed by GRSE GM (HR&A) AK Mahapatro and Swami BodhasaranandaJi Maharaj, the Assistant General Secretary of Ramakrishna Math and Ramakrishna Mission.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Telegram. Join PSU Watch Channel in your Telegram and stay updated)

MRPL net profit tanks 40.41% in Q4FY24 year-on-year, final dividend of Rs 2 declared

RBI proposes tighter project finance rules

Adani Green Energy Q4 net profit declines 39% to Rs 310 crore due to rising expenses

REC gets RBI nod to set up wholly-owned subsidiary in IFSC, GIFT City, Gujarat

Mining sector registers record production in FY 2023-24