Our Corporate Social Responsibility (CSR) policy strives to transform India into a risk-aware society from being a risk-averse society. We aim to integrate social, environmental and health concerns of the Indian society into Corporation’s CSR policy and programmes. Our CSR activities have focused on capacity building, empowerment of communities, inclusive socio-economic growth, environment protection, promotion of green and energy efficient technologies, development of backward regions, and uplifting the marginalized and under- privileged sections of the society. Nowadays CSR goes beyond charity and requires the company to act beyond its legal obligations. It rests on the ideology of give and take. Companies take resources in the form of raw materials, human resources etc. from the society. By performing the task of CSR activities, the companies are giving something back to the society. In the changing business environment, doing well (profit) and doing good (caring) are not mutually exclusive but mutually reinforcing. There has been a paradigm shift from the way business was done earlier to how it should be done today. It's no longer a question if companies should engage in CSR, it’s now a question of to what extent will they do so, and how they will create and communicate real and meaningful impact. REPORT ON CSR ACTIVITIES IN FY 2019-20 1. Aravind Eye Hospitals – The Govel Trust. a non-profit organization is running the Aravind Eye Hospitals at Madurai, Theni, Tirunelveli, Coimbatore, Coimbatore City centre, Pondicherry, Tuticorin, Tirupur, Udumalpet, Dindigul, Salem, Chennai and Tirupati. It was founded in 1976 by Dr. G. Venkataswamy as an eleven bedded hospital in a rented facility with a mission to eliminate needless blindness by providing appropriate, compassionate and high-quality eye care to all. GIC Re have contributed approx. Rs. 2.73 cr towards their project wherein the main aim is to reduce vision impairment. The project spans over 2 years. The project commenced in March 2019. In the FY 19-20 we have contributed about 1.49 cr to them for procurement of ophthalmic equipment, glaucoma awareness camps and related surgeries. 2. Artificial Limbs Manufacturing Corporation of India (ALIMCO) – It is a Section 8 company functioning under the Administrative Control of Ministry of Social Justice & Empowerment, Department of Empowerment of Persons with Disabilities for providing aid and appliance to the disabled totally free of cost. The objective of this project is upliftment of poor and needy disabled beneficiaries by bringing them into mainstream of society to lead a normal life through proper need assessment and provision of requisite appliances. GIC Re funded CSR grant to conduct 10 camps across India at following places: Firozpur, Punjab; Haridwar, Uttarakhand; Amravati and Udgir in Maharashtra; Indore, MP; Kozhikode, Kerala; Goa; Darjeeling, West Bengal; Mysore, Karnataka and Vishakhapatnam, Andhra Pradesh. The project cost is Rs. 5.00 cr. We have approximately benefitted 4,600 persons. 3. Amar Seva Sangam – It is a premier organization in the field of disability management. GIC Re stood by its commitment to construct Stage 3 and 4 of Siva Saraswati Vidyalaya run by Amar Seva Sangam. Stage 3 and 4 covered the construction of 1 Lab, 3 classrooms, corridors, one toilet each for girls, boys and staff and a disabled-friendly ramp. The approx. cost of the project is Rs 1.27 cr. The project was completed in October 2019. 4. Bhagwan Mahaveer Viklang Sahayata Samiti – The main objective of BMVSS is providing mobility and dignity to the amputees especially to those who are below poverty line. They provide artificial limbs and other aids and appliances to amputees and polio patients totally free of cost. GIC Re has been associated with them since the last 4 years. This year we have contributed Rs. 2.54 cr towards the disability camps. The camps were conducted across the year in the following places: Jaipur, Dausa, Mahadevpura, Baran in Rajasthan; Alipurduar, Cooch Behar and Jalpaiguri in West Bengal and in Bengaluru, Karnataka. Through this project we have distributed 6511 aids to 6102 beneficiaries. 5. Bosco Net is a secular organization working towards the goal of empowering the young. It believes in empowering change especially for the young people who are citizens of tomorrow’s world. GIC Re has contributed funds for 3 buses which will be used in 3 schools in Tamil Nadu. The provision of buses would reduce dependence of the students on public transport. They would be helpful for children who used to walk to school on foot, thereby reducing risk of accidents, security concerns and, making school a safe and happy place for the children to learn. The project also promotes the school attendance and increase in school enrolment especially in surrounding regions where public transport is unavailable. We have contributed approximately Rs. 58 lakhs for this project. 6. Ciigma Health Foundation – It is a healthcare support organization representing the voice of deprived, excluded and vulnerable population especially the Marathwada region in Maharashtra, regardless of their race, creed and gender. It strives to offer effective interventions in health. We have contributed Rs. 24.00 lakhs for 60 cancer screening camps. Camps were conducted in the remote villages of Aurangabad. 7. Cancer Patients Aids Association – It is a 50-year-old non-profit organization that addresses cancer. The primary concern of CPAA is to meet the needs of poor cancer patients who do not have access nor can afford cancer treatment. CPAA reaches out to patients from all walks of life. GIC Re has adopted 50 cancer patients. The scheme is very personalized and takes care of the treatment and also provides counselling, finding boarding facilities for outstation patients, advising on hygiene and diet, providing food grains and nutritional supplements, transporting patients to treatment centres, organizing support groups, providing prostheses and rehabilitation. This is an on-going project where GIC Re is contributing approx. Rs. 47.25 lakhs. 8. DHAN Foundation – Their mission is to build people and institutions for development, innovations and to enable the poor communities for poverty reduction and self- reliance. GIC Re has been associated with the foundation since the last financial year. This year we have contributed funds for construction of boy’s hostel, compound wall and a workshop building. The project cost amounted to approx. Rs. 2.00 cr. 9. DEAN Foundation – It is a non-profit Medical Charitable Trust formed in 1998 whose prime objective is to provide palliative care to those suffering from incurable illnesses. They basically provide these services to the elderly or the needy in slums of Chennai. GIC Re has contributed Rs. 6.25 lakhs against their operational cost. 10. Fellowship of the Physically Handicapped – The organization basically impart vocational training in 10 different trades. Vocational training is imparted to the beneficiaries FREE OF COST which includes facilities like hostel, lunch, pick up and drop, medical and educational support. FPH serves those adults who have orthopaedic and mild mental disabilities and are in the age group of 18 to 40 years. GIC Re has been associated with FPH since the last 2 financial years. This year we have contributed approximately Rs. 45 lakhs. The same was used to conduct disability camp in Vapi, Gujarat which distributed 204 aids and appliances to various beneficiaries. We have also provided a bus to FPH which helps the students and staff to commute to and fro to work. GIC Re has also funded towards a printing machibne and a rotary numbering machine. We have also supported FPH in selling their products to our employees by organizing a one-day display and sale at our premises. Products like towels, candles, purses, napkins, dusters, mops and many other household items were sold. FPH has approx. made a sale of Rs. 50,000/-. 11. Hope Foundation – It is an NGO which works for the educational and vocational training needs of underprivileged students in the interiors of Raigad in Maharashtra. The crux of the Sukanya Project supported by us (contributed funds approx. Rs. 10.00 lakhs) is to provide an education kit consisting of notebooks, textbooks, etc. to 455 girl students from std IX to graduation of Mahad Taluka, Raigad. HF plans to adopt maximum girls in the academic year 2020-21 through various adoption-oriented parenting schemes for needy and intelligent students. This is done as an attempt to promote education for girls. The project covers regular education from Std IX to graduation. 12. Indian Development Foundation – It is a leading NGO in India working in the areas of education, healthcare and women empowerment for the last 35 years. GIC Re has supported them for the Dignity Project which is aimed at creating awareness on best practices on menstrual hygiene, imbibing the habit of using sanitary pads amongst the girls and women and at eradicating many health issues and diseases which occur due to unhygienic menstrual habits. Proper menstrual habits for schoolgirls also result in better education and overall wellbeing. The project cost is Rs. 25.00 lakhs. 5000 Girl students will be distributed these hygiene kits across Goa, Satara and Raigad in Maharashtra, Bengaluru in Karnataka, Prakasham, Guntur and Kadapa in Andhra Pradesh, Kanchipuram and Tiruvallur in Tamil Nadu. 13. Karachi Maharashtriya Shikshan Prasarak Mandal – It was established in 1929 at Karachi in the leadership of late V. D. Anaokar Guruji. After Independence and partition of British India, members of Mandal moved to Mumbai and their native places. Kudal High School, the then State High school run by ‘Sawantwadi Sansthan’ was in possession of Bombay Govt. Knowing the reputation in the field of education, Mumbai Govt. handed over this High School to KMSPM in 1948. They are now having their presence in Mumbai (4 schools) as well as in Kudal (8 schools).