Arcil collaborates in a DesKit Distribution Drive for Students in Faridabad area
Arcil, India’s pioneering asset reconstruction company today announced that it has engage two NGOs for DesKit Distribution drive of about 7000 Deskits in three phases across India in December 2023. The drive is aimed at benefitting primary school students of areas surrounding 5 cities – Faridabad, Bengaluru, Chennai, Bhubaneswar & Kolkata and would be carried out through local NGO’s - Roshini Foundation (Faridabad) & Santhwana Trust (other 4 cities). In the first phase, about 3000 primary students of six Government schools across Faridabad and nearby areas bordering Delhi would be benefitted on 6 & 7 December 2023. This collaborative effort will focus on providing essential study infrastructural facilities to under privileged students, marks the beginning of an impactful journey in their education.
This project, is important for us to engage all the stakeholders at a village level through NGOs to work towards the development of posture of these under privileged children so that they can pursue a healthy life with better access to good learning methods. Hence, to have better learning outcomes in their academic progress, children provided with Deskits. This kit would provide them with better sitting and writing posture while studying, thereby preventing them from problems to their spine and eyes. This will motivate students to study well at school or at home and will also enhance their handwriting.
Commenting on the initiative, Pallav Mohapatra, CEO and MD, Arcil, said, “At Arcil, we believe in the power of education to transform lives, and this partnership with these local NGO’s, aligns perfectly with our commitment to making a meaningful impact in the communities we serve. By actively contributing to community well-being, Arcil demonstrates our unwavering commitment to its Corporate Social Responsibility and achieving significant progress in making education more accessible to the poorest members of our society. We are thrilled to collaborate in this DesKit Distribution drive to bring positive change to the educational landscape in three phases during December 2023, to help improve learning of underprivileged children of areas surrounding 5 centres across India namely Faridabad, Bengaluru, Chennai, Bhubaneswar & Kolkata.“
Arcil is India’s pioneer ARC. Founded in 2002, Arcil currently manages an AUM of Rs 16,223 Crore (as of March 2023) in non-performing loans. With presence in 14 major Indian cities and a team strength of 200 plus – Arcil ranks among the largest players in the Indian NPL sector, serving the Corporate, SME and Consumer/Retail segments. Its shareholders include Avenues India Resurgence Pte Ltd., State Bank of India and several other leading domestic and international investors including GIC.
About Roshni Foundation
Roshni Foundation is a non-profit social development organization based in Delhi, registered under Indian Trust Act, by Govt. of NCT of Delhi, enrolled with NITI Aayog- Govt. of India. During the past decade, they have accomplished various empowerment programs & projects to help thousands of underprivileged women, girls, and children, and aimed to enrich their education, health & hygiene, nutrition, vocational skills and livelihood avenues. The Foundation has also run many campaigns for the betterment of our environment.
About Santhwana Trust
Santhwana Trust is an NGO working for the upliftment of the deprived in the society. Team joined hands with main aim of Giving Back to Society. They mainly focus on underprivileged students of rural areas in India. Seeing a need for energetic, nonprofit work in this area, the organization has focussed on providing sensible solutions in Rural Region. With support of many CSR partners they have reached more than 14000 beneficiaries that includes nearly 9000 rural students.
DesKit, a pioneering initiative of Prosoc Innovators Pvt Ltd, Kanpur (PIPL) which is startup social enterprise incubated in SIIC, IIT Kanpur, NSRCEL, IIM Bengaluru and Deshpande Foundation, Hubli. This initiative is part of a mission to support 100 million students across India. PIPL had successfully developed DesKit – a school bag that seamlessly converts into a study table. This innovation is especially designed to address the challenges faced by students who sit on the floors, promoting better posture and creating a conducive learning environment both at school and home where they don’t have access to proper sitting and studying infrastructure. The DesKit has already made a positive impact by being utilized by >5.5 Lakh students across 22 states in India.