CSR | Secretarial Audit Report

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CSR | Secretarial Audit Report Board’s Report | Report on Subsidiaries | Annual Report on CSR | Secretarial Audit Report ANNUAL REPORT ON CORPORATE SOCIAL RESPONSIBILITY (CSR) [Pursuant to Section 135 of the Companies Act, 2013 read with Rule 8(1) of the Companies (Corporate Social Responsibility Policy) Rules, 2014] 1. A brief outline of the company’s CSR Policy, including overview of projects or programs proposed to be undertaken and a reference to the web-link to the CSR policy and projects or programs: The mines of South Eastern Coalfields Limited are located in different parts of the States of Chhattisgarh & Madhya Pradesh, and are relatively in isolated areas with little contact to the outside society. Coal mining has profound impact on the people living in and around the areas where the mines are established. The obvious impact of the introduction of any production activity in such areas changes the traditional lifestyle of the original inhabitants and indigenous communities and also changes the socio- economic profile of the Area. Hence, the primary beneficiaries of CSR should be land oustees, Project Affected Persons (PAPs) and those staying within the radius of 25 Kms of SECL establishment. Under privileged section of the society living in different parts of states in which the company is operating should be secondary beneficiaries. In view of the above, a CSR Policy has been approved by Coal India Limited for all its subsidiaries and is available on the company’s website at http://www.secl-cil.in/forms/list.aspx?lid=745 The key areas of activities covered in 2017-18 under CIL CSR Policy are as below: a) Healthcare programs like conducting village health camps, construction of special units in hospitals etc. Providing safe drinking water and sanitation by installing hand-pumps, bore-wells, construction of community toilets etc. b) Promoting education by developing infrastructure like class rooms, boundary wall, toilet blocks, cultural stage, common room etc. and modernization of library, adoption of school, promoting employment enhancing vocational skills etc c) Ensuring environmental sustainability by taking up activities like Block/Road side plantation under “Hariyar Chhattisgarh” Scheme of Chhattisgarh Govt. and also by deepening of ponds in drought affected area. d) Protection of art and culture for cultural development through financial assistance to different cultural events and construction of Community infrastructure. e) Projects to promote Skill Development & Skill Development Training programs etc. f) Promoting nationally recognized sports by building Sports Infrastructure & providing financial assistance for various training programs. g) Rural development projects like construction of community building, CC roads, culverts, ghats and safety wall for ponds, sheds, boundary walls, bathrooms, cultural stage etc. h) Contribution of ` 10.00 Crore to Clean Ganga Fund set up by Central Government for Conservation of the river Ganga. i) SECL has taken up Projects aiming at the Welfare of disabled by providing Motorized Tricycles to 486 differently abled persons of Bilaspur District. j) Swachh Bharat Abhiyan: SECL has taken up Construction of 5368 nos. toilet for domestic purpose on saturation basis for achieving Open Defecation Free (ODF) status to 31 Nos of villages of District Korba, implemented through District Administration, Korba. 2. The Composition of the CSR Committee This Committee has been reconstituted as per the requirements of Section 135 of the Companies Act, 2013 by SECL Board in its 239th meeting held on 30.11.2015 (Monday) at Kolkata. As on 31st March 2018, the Corporate Social Responsibility (CSR) Committee of the Board of Directors comprised of the following members: Chairman Dr. Sunil Kumar, Retd. IAS, Independent Director Members 1) Dr. B.S. Sahay Independent Director 2) Dr. R.S. Jha Director (Personnel), SECL Permanent Invitee Shri A.P. Panda Director (Finance), SECL nd 88 32 Annual Report 2017-18 Board’s Report | Report on Subsidiaries | Annual Report on CSR | Secretarial Audit Report SECL (A Mini Ratna PSU) A Subsidiary of Coal India Limited 3. Average Net Profit of the company for last three financial years: 2014-15 ` 5659.54 Crore 2015-16(Restated) ` 5148.84 Crore Profit Before Tax (PBT) 2016-17 ` 3186.57 Crore Average PBT ` 4664.98 Crore 4. Prescribed CSR Expenditure (two percent of the amount as in item 3 above) Prescribed CSR Expenditure for the financial year 2017-18 comes to ` 93.30 Crore. 5. Details of CSR spent during the financial year: a. Total Amount to be spent for the Financial Year- ` 93.30 Crore b. Total Amount Spent for the financial year: ` 93.62 Crore c. Amount unspent- Nil OVERVIEW CORPORATE d. Manner in which the amount spent during the FY 2017-18 is detailed below:- i. Summarized details of the amount spent during the financial year: Amount spent Cumulative Amount on the projects expenditure up to S.L Sector Wise Expenditure Outlay or programs the reporting period (` in Lakh) (` in Lakh) (` in Lakh) 1 Contribution towards Clean Ganga Fund 1000.00 1000.00 1000.00 2 Drinking Water 354.37 221.13 321.91 3 Environmental Sustainability and Conservation of Natural Resources 3.a Deepening of Ponds 471.83 79.89 426.42 3.b Plantation 5200.00 5100.23 5200.00 3.c Solar projects 116.55 10.04 10.04 REPORTS STATUTORY 4 Promoting Education 4.a Capacity Building of Students 121.38 78.04 120.42 4.b Infrastructure for promoting Education 1205.30 764.69 1098.41 5 Promoting employment enhancing vocational skills 29.89 19.57 27.97 6 Promoting Healthcare 94.73 71.36 72.68 7 Promotion of sports 7.a Sports Infrastructure 251.83 107.02 251.51 7.b Sports Training 2.25 2.25 2.25 8 Protection of National Heritage, Art & Culture 766.67 220.93 220.93 9 Rural Development 9.a Community Infrastructure 237.74 90.18 133.18 9.b Roads 1114.34 576.45 630.17 FINANCIAL STATEMENTS 9.c Other 725.04 329.23 520.45 10 Sanitation including Swachh Bharat Abhiyan 23294.96 503.64 18897.45 11 Welfare of the differently abled 178.79 177.35 177.35 12 Administrative Expense 20.23 9.57 9.57 Grand Total 9361.58 nd 32 Annual Report 89 2017-18 Board’s Report | Report on Subsidiaries | Annual Report on CSR | Secretarial Audit Report ii. Details of the CSR activities in which amount spent during the FY 2017-18: Sl CSR Project or Sector in State/District/ Amount Amount Cumulative Implementing Activity identified which the Block/ Village/ Outlay spent on expenditure Agency project is Town (Budget) the up to the (SECL/ Govt./ covered project or projects or reporting NGO etc.) programs programs period wise (` in Lakh) (` in Lakh) (` in Lakh) 1 Financial assistance to the District Environmental CG/Korea/Korea/ 71.83 44.22 44.22 SECL Collector, Korea, for Deepening and Sustainability Baikunthpur Beautification of Budha Sagar Pond, and Patna village, under CSR activities Conservation of SECL Baikunthpur Area of Natural Resources 2 Blood Donation Camp, Regional Promoting CG/Korea/Korea/ 0.31 0.31 0.31 SECL Hospital Healthcare Baikunthpur 3 Water purification Plant of 1000 LPH Drinking Water CG/Korea/Korea/ 74.90 46.28 73.18 SECL digital controlled Semi Auto (CPVC Baikunthpur or UPVC) along with installation of 5000 Ltr. capacity PVC tank S/pump with pipe fitting in existing tube well, construction of Tube-well, Construction of Pump House, and water purification ,plant room, pipe fitting and electric connection etc. 4 Tatapani Sanskriti Parv Cultural Protection of CG/Balrampur- 12.00 12.00 12.00 District Programme-2018 in Balrampur- National Ramanujganj/ Administration, Ramanujganj District, Chhattisgarh Heritage, Art & Balrampur/ Balrampur- for and amount of Rs. 12.00 Lakh Culture Tatapani Ramanujganj Under CSR activities of SECL, Bhatgaon Area 5 Construction of Indoor stadium and Promotion of CG/Balrampur- 72.32 57.60 72.00 District Gymnasium at Balrampur sports Ramanujganj/ Administration, Balrampur/ Balrampur Balrampur 6 Basic infrastructure to preserve the Rural CG/Balrampur- 200.00 160.00 200.00 District Tatapani hot water spring. Development Ramanujganj/ Administration, Balrampur/ Balrampur Tatapani 7 FDR work i.e. Construction of vented Rural CG/Surajpur/ 296.83 213.42 267.14 District cause way over (Rapta Puliya) the Development Pratappur/ Administration, Mahan River on Ambikapur- Ambikapur- Surajpur Pratappur Road at KM 23/8-10 Pratappur road 8 Widening and Strengthening of road Rural CG/Surajpur/ 778.00 328.80 328.80 District (10.20 KM) from Dugga Mines to Development Pratappur/Dugga Administration, Nawapara Chowk at Bhatgaon- Mine to Surajpur Bishrampur road Nawapara Chowk 9 Administrative Overhead Administrative CG/Surajpur/ 0.34 0.34 0.34 SECL Expense Surajpur/Surajpur 10 Financial Assistance to District Protection of CG/Surguja/ 20.00 20.00 20.00 District Administration for Mainpat Carnival National Mainpat/Mainpat Administration, 2018 Heritage, Art & Surguja Culture nd 90 32 Annual Report 2017-18 Board’s Report | Report on Subsidiaries | Annual Report on CSR | Secretarial Audit Report SECL (A Mini Ratna PSU) A Subsidiary of Coal India Limited Sl CSR Project or Sector in State/District/ Amount Amount Cumulative Implementing Activity identified which the Block/ Village/ Outlay spent on expenditure Agency project is Town (Budget) the up to the (SECL/ Govt./ covered project or projects or reporting NGO etc.) programs programs period wise (` in Lakh) (` in Lakh) (` in Lakh) 11 Financial Assistance to District Promoting CG/Surajpur/ 15.98 15.98 15.98 District Collector, Surajpur for BPL category education Surajpur/Surajpur Administration, students studying under Injor Yojna Surajpur at Surajpur under CSR activities of SECL Bishrampur Area 12 Construction of Community Hall at Rural CG/Surajpur/ 11.00 10.20 10.20 SECL Kashkela Village at Kumda Sub Development Surajpur/ Area of Bishrampur Area by Agrico Kashkela Steel engineering Works OVERVIEW CORPORATE 13 Construction of Community Hall at Rural CG/Surajpur/ 12.00 9.21 9.21 SECL Mani Village at RGK Sub Area of Development Surajpur/Mani Bishrampur Area 14 Financial Assistance to District Promoting CG/Surajpur/ 3.93 3.93 3.93 District Collector, Surajpur for 01 Nos Healthcare Surajpur/Surajpur Administration, Hearse (Shava Vahan) at District Surajpur Hospital, Surajpur.
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