The Radiant Group & Corporate Social Responsibility
The CSR initiatives and the budget for the year well in excess of the statutory norms, are decided based on requirement priority and the location. We have a separate department exclusively managing the corporate social responsibility activities. Further in Fiscal 2021, we spent an amount of ₹ 10.85 million towards CSR as against a statutory responsibility of ₹ 6.10 million.
Some of the recent CSR initiatives undertaken by us, include the Aashraya project which provides mid-day meal to 1,100 elderly destitute in 31 villages around Chennai and the Shiksha project which provides interest free loan to deserving students. Approximately 450 students have benefitted from the Shiksha project so far.
We also sponsor mentally challenged students of Ramana Sunritya Alaya for their upkeep.
As part of our Covid 19 response, we provided personal protection kits, ventilators and oxygen concentrators to hospitals and medical foundations, including the Army Hospital at Chennai, Huma Hospital, Madras ENT foundation and the Tirunelveli Government Hospital.
We have also launched Radiant Sambadh, a nation-wide project to provide assistance to families of armed forces personnel who lost their lives in non-combat situations.