CRISIL SROI Study Confirms 10x Social Returns from Ambuja Foundation’s Rural Development Initiatives
CRISIL SROI Study Confirms 10x Social Returns from Ambuja Foundation’s Rural Development Initiatives in Chhattisgarh
Ambuja Foundation’s water resource management (WRM) and rural infrastructure development (RID) initiatives have delivered transformative results in Baloda Bazar, Chhattisgarh, according to a recent impact assessment and Social Return on Investment (SROI) study conducted by CRISIL. The study, covering the period 2022–23 and 2023–24, revealed an impressive SROI value of Rs. 10.12, signifying that every Rs. 1 invested generated Rs. 10.12 of social value. In other words, the study confirms 10x social returns from the water and rural infrastructure programs launched and executed by Ambuja Foundation in the state.
Supported by Ambuja Cements Ltd./Adani Cement, the interventions have strengthened water security, improved agricultural productivity, enhanced infrastructure, and uplifted community well-being across 10 villages surveyed. A total of 252 respondents, largely from marginalized, low-income backgrounds, shared their experiences of the positive changes brought about by these initiatives.
Key Findings from the CRISIL Study:
· Primary household water sources: own borewells increased from 23% to 47%; community borewells from 69% to 81%; private household taps rose from 38% to 69%.
Respondents highlighted the tangible improvements—fully functional ponds, potable borewell water, and reliable irrigation canals—that have transformed daily life. Household water sources have shifted towards cleaner groundwater, with private taps rising from 38% to 69%, reducing drudgery and improving quality of life.
Building on these achievements, Ambuja Foundation aims to further strengthen community ownership of water infrastructure by building water user groups and providing training; expand infrastructure such as rainwater harvesting systems and alternative irrigation methods; and integrate WRM with livelihoods by promoting less water-intensive crops and sustainable agricultural practices among farmers.
“Water is the foundation of rural resilience in the face of climate change. The findings of this CRISIL study clearly demonstrate how community-led water and infrastructure interventions can transform lives—reducing drudgery, improving farm productivity, strengthening health and education, and enhancing overall quality of life. These results validate our community-driven approach and reaffirm our commitment to building long-term, sustainable solutions for water security and rural development,” said Pearl Tiwari, CEO, Ambuja Foundation
About Ambuja Foundation
Ambuja Foundation is an independent, pan-India development organization, committed to generating prosperous rural communities. We believe in the vast, untapped potential of rural communities and the unstoppable power of the people that live there. With investments in water, agriculture, skills, women, health and education, we enable ‘livelihoods’ as a pathway to unleashing that potential. Partnering with like-minded corporates, Governments and others, we work collaboratively with communities to solve pressing community problems – empowering local people to be the catalysts and drivers of change. And over almost 3 decades of work, we have seen a complete transformation in the remote geographies in which we work. We are committed to expanding our footprint and impact of our work even further, through partnerships – building many more sustainable, prosperous rural communities, and revitalizing rural India as the backbone of the country.

