CSR: PFC to provide motorized tricycles for orthopedically impaired

Power Finance Corporation (PFC) will provide financial assistance of around Rs 4.70 crore to ALIMCO for the distribution of motorized tricycles to persons with disabilities (Divyangjans) under its CSR initiative
CSR: PFC to provide motorized tricycles for orthopedically impaired

New Delhi: Maharratna Power PSU, Power Finance Corporation (PFC) Limited has signed a memorandum of agreement (MoA) with Artificial Limbs Manufacturing Corporation of India (ALIMCO) for the distribution of motorized tricycles to orthopedically impaired persons with disabilities (Divyangjans) under its CSR initiative.

As per the MoA, PFC will provide financial assistance of around Rs 4.70 crore to ALIMCO for the distribution of motorized tricycles. These motorized tricycles will be distributed among the beneficiaries by organising a series of distribution camps at the block and the district level.

The MoA has been signed in the presence of, PFC's Chairman & Managing Director (CMD) RS Dhillon and ALIMCO CMD Rajan Sehgal (IFoS). PFC's Executive Director (CSR) Rizwanur Rahman and other senior officials of ALIMCO and PFC were also present on this occasion. 

The project will be implemented in a phased manner; wherein the 1st phase assessment camps will be conducted for the PWDs/Divyangjans; while in the 2nd phase motorized cycles are meant to be distributed; and in the 3rd and final phase, post-distribution support will be given.

The project will help in providing greater rights and entitlements to PwDs by envisioning an inclusive and enabling environment. The major objective of considering this initiative is to enhance the quality of life of differently-abled people and to assist them in procuring durable, sophisticated and scientifically manufactured modern, standard aids and appliances to promote physical, social and psychological rehabilitation by reducing the effects of disabilities and at the same time enhancing their economic potential.

(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)

logo
PSU Watch
psuwatch.com