Business

HCL Foundation awards ₹16.5-cr. grants

HCL Foundation, the CSR arm of HCL Technologies, on Tuesday said it has awarded a grant of ₹16.5 crore ($2.3 million) to nine NGOs working in the development areas of environment, health, and education.

While three NGOs — Sahas (Environment), India Health Action Trust (Health) and Child Rights and You (Education) — would each receive a grant of ₹5 crore for a three to five-year project, two finalists NGOs in each category would receive a one-year grant of ₹25 lakh, it said in a statement.

Under its HCL Grant programme, the Foundation has so far committed more than ₹60 crore, excluding this year’s grants.

The NGOs were chosen after an eight-month review of thousands of applications by an eminent jury, monitored and audited by Grant Thornton.

  1. Comments will be moderated by The Hindu editorial team.
  2. Comments that are abusive, personal, incendiary or irrelevant cannot be published.
  3. Please write complete sentences. Do not type comments in all capital letters, or in all lower case letters, or using abbreviated text. (example: u cannot substitute for you, d is not 'the', n is not 'and').
  4. We may remove hyperlinks within comments.
  5. Please use a genuine email ID and provide your name, to avoid rejection.

Printable version | Apr 16, 2021 2:46:37 PM | https://www.thehindu.com/business/hcl-foundation-awards-165-cr-grants/article33854532.ece

Next Story