Tata Power, a leading integrated power company, has long been committed to sustainable development. A key aspect of their sustainability efforts is financial inclusion, which ensures that all sections of society have access to financial services. This commitment is part of their broader social capital initiatives aimed at empowering communities.

Key thrust areas

Capacity building: Enhancing the capabilities of individuals and communities through education and training.

Community-based institutions: Supporting the establishment and strengthening of self-help groups (SHGs) and other community organizations.

Access to credit and financial services: Facilitating access to banking services, microfinance, and other financial products.

Livelihood enhancement: Promoting income-generating activities and sustainable livelihood

Ayushman Bharat schemes – community-based collaborative approach of Adhikaar Mitras
In India, only 41% of the population has health insurance. The CSR team of Trombay prioritized covering unorganized sector workers under Ayushman Bharat schemes, providing family medical insurance of Rs. 5 lakhs per year. From September 2023 to April 2024, Adhikaar Mitras organized 120 camps, benefiting over 40,000 individuals (8,000 families).

E-Shram scheme for workers – identity of labour and benefits of accidental insurance
Unorganized sector workers often lack recognition as labor. The E-Shram card was introduced to identify labor in various informal sectors. Adhikaar Mitras organized enrolment drives, covering more than 12,000 unorganized sector workers.

Food security benefits for unorganized sector workers. Errors in ration cards and Aadhaar seeding have excluded many genuine families from food security schemes. Adhikaar Mitras support vulnerable families to enroll, spread awareness on entitlements, and resolve grievances. Over 1.5 lakh beneficiaries were covered under this campaign.

Our financial inclusion initiatives are crucial in bridging the gap between marginalized communities and financial services. Through the formation of SHGs, financial literacy programs, and skill development, Tata Power is empowering individuals and fostering sustainable economic growth. The efforts of Adhikaar Mitras in implementing schemes like Ayushman Bharat, E-Shram, and food security benefits have further strengthened their impact on unorganized sector workers. Their continued efforts will undoubtedly lead to further positive outcomes for communities across the regions they serve