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CSR Project By:  HDFC Bank Ltd

Project Budget: INR 24.19 Cr


Project Parivartan

Project

Project Parivartan  (2018-19)

 
 
Project Sector  : Education, Employability and Livelihoods Enhancement
 
 
Implementing Partners:  Access Development Services, Antarang Foundation, End Poverty, Friends Union for energizing lives (FUEL), Head Held High Foundation, PanIIT Alumni Reach For India Foundation (PARFI), Pratham Education Foundation, Pune City Connect, Tata Institute of Social Sciences,
 
 

Project Description

Under Parivartan, the Bank has provided both on-farm training to upskill farmers as well as placement linked training.

Bank’s Training Center in Bhubaneshwar provides training to youth and women in hospitality, tourism, telecom, retail and health care. Over 1,272 youth have been placed in 100+ companies and institutions in Odisha. They have also provided training in fields such as communication skills, agriculture techniques, livestock management among others. They hope to expand and diversify this portfolio in the years to come and strengthen their focus on rural youth and women. As of today, they have served over 1.24 lakh individuals and empowered over 7.65 lakh women, helping them access entrepreneurship and employment opportunities.

Sustainable Livelihood Initiative: Empowering Women Through Financial Inclusion Located 40 kilometres west of Guwahati, Bihdia Chaygaon is a small village of 600 people. The community here earns its livelihood via a largely unorganised cottage industry. For the women, weaving and agriculture are the primary sources of income. They recognised the potential for the empowerment of women through financial inclusion and entrepreneurial upskilling. Today, Gitanjali Hira, Nilima Kalita, Mira Nath and thousands of others like them across the country have become self-reliant with a little help from HDFC Bank’s Sustainable Livelihood Initiative (SLI).

Through this initiative, the Bank has reached out to over 96 lakh households across 27 states through credit facilities, financial literacy and capacity building programmes. The primary objective of Sustainable Livelihood Initiative is to bring about Parivartan by creating sustainable communities. This is done by helping women in rural areas break away from the vicious cycle of financial dependence to one of growth and opportunities.

 
 
Project Location:   Bhubaneswar-Odisha, Guwahati-Assam,
 
 

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