Murugappa Group Plans Community Initiatives in AP
Our Bureau
16 July, 2004, Hyderabad: AIMED at lending
a helping hand to the farming community in Andhra Pradesh, the Chennai-based
Rs S,266-crore Murugappa Group, through its community initiatives
channel - AMM Foundation - proposes to come out with a master plan
on drip irrigation shortly.
The Group Director, Mr A. Vellayan, told newspersons
here on Thursday that both Coromandel Fertilisers and Godavari Fertilisers
were currently preparing the master plan, which would be ready in
the next couple of months.
The Murugappa Group is also planning to prepare another
master plan for Andhra Pradesh to recharge the water table in the
villages so that the level remains reasonably comfortable even during
the drought conditions, the AMM Foundation Trustee, Mr M.V. Subbiah,
said.
According to Mr Vellayan, both Coromandel and Godavari
are currently in the process
of establishing direct contact with the agriculture community by
avoiding wholesalers and retailers for offering complete farm solutions
to the farmers.
Mr Subbiah said the Murugappa Group has been making
'large investments in Andhra 'Pradesh in recent years and. has major
plans to discharge its social responsibility in this part of the
country.
As part of this, AMM Foundation has contributed Rs
60 lakh to St. Ann's Hospital at Visakhapatnam. The fund was used
to construct a new block in the Hospital, which is being inaugurated
on Friday.
As a tribute to Dr Bharat Ram, who served as Chairman
of Coromandel Fertilisers for 40 years and his long association
:with . the Murugappa family, the new block in the StAnn's Hospital
will be named after him, Mr Subbiah said.
The Murugappa Group companies have been contributing
1 per cent of post-tax profit into AMM Foundation towards discharging
the group's community initiativtes.
The foundation, which has spent a cumulative amount
of around Rs 100 crore till date on community initiatives', currently
operates four schools and a polytechnic college in Chennai and four
hospitals at various locations in Tamil Nadu
"The Murugappa Group believes social harmony
can only be sustained when individuals and corporations work together
to share learnings and opportunities. It is an emotional and not
a financial issue," Mr Subbiah said.
Apart from contributing profits of Murugappa Group
companies on community initiatives, the members of the founding
family, including women, spend significant amount of time on all
foundation matters. "Giving money is easy. Investing time,
energy and enthusiasm is important,' Mr Subbiah said.
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