Tata Steel Centenary Project: Sir Ratan Tata Trust signs MoU with Tata Steel
The Sir Ratan Tata Trust signed a Memorandum of Understanding (MoU) with Tata Steel on April 17, 2007, in its Boardroom at Bombay House, for providing technical support to the Tata Steel Centenary Project (TSCP). The MoU was signed by Mr. H. D. Malesra, Secretary & Chief Accountant, Sir Ratan Tata Trust, and Mr. A. N. Singh, Deputy Managing Director (Corporate Services), Tata Steel. It will remain valid for a period of five years, beginning April 1, 2007.
Conceived as a part of Tata Steel’s centenary celebrations, TSCP is a Rs. 100 crores mega-initiative that focuses on enhancing the livelihoods of 40,000 poor tribal households in one block each, of the tribal districts of Keonjhar (Orissa), Saraikela (Jharkhand) and Bastar (Chhattisgarh), covering a total of 400 villages through Natural Resources based interventions.
As per the MoU, Tata Steel will depute Tata Steel Rural Development Society (TSRDS), Jamshedpur, as its nodal agency for implementing TSCP and Sir Ratan Tata Trust will appoint the Central India Initiative (CInI) Cell to provide technical support and overall guidance to the TSCP. The CInI Cell, set up by Sir Ratan Tata Trust, focuses on dealing with issues relating to the problems of livelihoods of tribal communities in central India in a comprehensive manner.