Thoothukudi, July 29, 2019: Education flourishes a child’s overall quality of life in the society. It is an essential and indispensable need to live in the modern world without dependency. It not only empowers an individual, but moulds them to grow economically and cherish with prosperity.
The pressing need of education is mandatory for the holistic development of any child. Sterlite Copper has identified this unrelenting need of education for the students of Thoothukudi and to help them have a bright and vibrant future, the organisation has distributed scholarships to 3400 students from L.K.G and 12th grade on 29th June, 2019 under the third edition of their CSR initiative “Teach Them Young”.
The company has contributed scholarships in a similar fashion under the same initiative during the years 2017 and 2018. This year, the students solely from the ‘Below Poverty Line’ category have been selected for the scholarships. These students hail from 60 wards under Thoothukudi’s Municipal Corporation.
Students from L.K.G to 5th standard are sponsored with INR 2000, 6th Standard to 10th Standard are sponsored with INR 3000 and 11th Standard to 12th Standard are sponsored with INR 5000. The distribution of the scholarships was held at Tamira Niketan – 1, Sterlite Copper.
Mr. P.ST.S Velshankar, Managing Director, P.ST.S Group of companies, President , Tuticorin Stevedores Association, Mr. L. Ubaldraj Meccana MJF, Ex. District Governor, 324 B4, Lions Club and Mr. Freddy, Founder & Managing Director, E- Kids International, presided over as chief guests of the event.
The senior management of Sterlite Copper were also present during the event.
In addition to the same, the company has also identified niche areas of training for youth of Thoothukudi by offering them free summer vacation courses in Basic Computer operations & Tally financial software and also GP rating course scholarships for students who aspire to work in the Marine Industry. The company has also provided educational support worth INR 2.8 crore under their Tamira Vidhyalayam project. The Smart School project aims to provide access to affordable educational facilities for marginalised children living in 14 core villages of Thoothukudi.
Sharing his thoughts on the initiative, Mr. Pankaj Kumar, CEO, Sterlite Copper, said “The prime intention of this initiative is to empower the students from the Thoothukudi district under the B.P.L category. I hope that this initiative will ignite and shape a bright future that will help them prosper. I am certain that Sterlite Copper will unveil many more such initiatives to ensure the well-being of our communities.”
Vedanta Limited (Vedanta Ltd) is a diversified natural resources company, whose business primarily involves exploring and processing minerals and oil & gas. The Company produces oil & gas, zinc, lead, silver, copper, iron ore, aluminium and commercial power and has a presence across India, South Africa, Namibia, Ireland, Australia, Liberia and Sri Lanka.
Vedanta Ltd is the Indian subsidiary of Vedanta Resources Limited. Sustainable Development is at the core of Vedanta’s strategy, with a strong focus on health, safety and environment and on enhancing the lives of local communities. Vedanta Ltd is listed on the Bombay Stock Exchange and the National Stock Exchange in India, and has ADRs listed on the New York Stock Exchange.
This press release contains “forward-looking statements” – that is, statements related to future, not past, events. In this context, forward-looking statements often address our expected future business and financial performance, and often contain words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “should” or “will.” Forward–looking statements by their nature address matters that are, to different degrees, uncertain. For us, uncertainties arise from the behaviour of financial and metals markets including the London Metal Exchange, fluctuations in interest and or exchange rates and metal prices; from future integration of acquired businesses; and from numerous other matters of national, regional and global scale, including those of a political, economic, business, competitive or regulatory nature. These uncertainties may cause our actual future results to be materially different that those expressed in our forward-looking statements. We do not undertake to update our forward-looking statements.