RITES and Bill & Melinda Gates Foundation sign MoU for various social works

New Delhi: RITES Limited, a public sector enterprise and leading transport infrastructure consultancy and engineering company, has signed a memorandum of understanding (MoU) with the Bill & Melinda Gates Foundation to advance goals on health, development, and gender equality in India, through their Corporate Social Responsibility efforts. The MoU has been signed for a duration of two years.

The MoU will allow both organizations to collaborate and partner with the central and state governments and other not-for-profit and philanthropic organizations to develop strategic, high impact, multi-year programs with outcomes for the most vulnerable. In its first phase, the collaboration will jointly support projects focused on women's economic empowerment and accelerating the adoption of Ayushman Bharat Health Accounts (ABHA) using digital public goods platforms.

RITES Limited's Director (Finance) BP Nayak said, "The MoU reiterates our commitment towards '…..Changing Lives' by underscoring our CSR initiatives with a purpose-driven motive. We look forward to fostering seamless cooperation and collaboration with the Foundation to build a better future, together."

(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.)