Mahindra Logistics joins the India Workers

Samhita Social Ventures welcomes Mahindra Logistics Ltd. as a pillar of the India Workers Alliance to provide immediate relief to its driver community by transferring Rs 3,000 to their bank accounts to enable them to buy essential commodities.

Born out of the Samhita Model, the India Workers Alliance propogates a collective CSR fund for economic support and recovery of India

Financial Inclusion

Priya Naik, Founder and Managing Director of Samhita Social Ventures emphasizes on financial inclusion as the key to economic and social development in an article in CSR Mandate.

In India RBI describes financial inclusion as the process of ensuring access to appropriate financial products and services needed by vulnerable groups such as weaker sections and low-income groups at an affordable in a fair and transparent manner by mainstream institutional players. 

Financial inclusion is a fundamental cornerstone of economic and social development. The mandatory CSR spending, as stipulated by the Companies Bill 2012, can help foster partnerships and help achieve a joint approach to promoting financial inclusion in a way that is mutually beneficial to all stakeholders.  In order to realize the goal of universal financial inclusion, each stakeholder has to play its part and more importantly, collaborate with each other to harness the benefits and synergies of shared efforts.

With longer shifts, fewer workers can run factory operations; infection risks will be lower: HUL

FMCG major Hindustan Unilever CMD Sanjiv Mehta on Monday supported states for increasing shift times in factories to 12 hours a day, saying the move will help in restricting the spread of the COVID-19 pandemic.

He also added that aspects like social security and sufficient rest to the factory workers are essential.

Taking cue from Madhya Pradesh and Uttar Pradesh, a slew of states have announced temporary changes in factory laws to allow for longer shift times with mandatory higher wages, but the same have come under some criticism from workers