Karunya Deposit
The scheme is intended to raise
resources for the medical and educational support of physically or
mentally challenged children attending special schools or who are
inmates of orphanages/ institutions etc. The aim is to attract
depositors who are willing to deposit sums of at least Rs.One lakh or
its multiples as (Corporate Social Responsibility) funds. The money
raised would be deposited in the state treasury for one year and is
renewable on annual basis. The incentive of 15 % paid by the government
will be used by the Mission for meeting the special requirements of
these children.
The depositor would have the option to
select the child, orphanage or special school, area etc or to leave the
further selection of the beneficiary to the Head of the
orphanage/special school or to the Mission. Recently Malabar Cements Ltd
(MCL) has drawn up several CSR programmes in association with Kerala
Social Security Mission. As part of this innovative programme MCL has
provided Rs. 20 lakh for meeting the educational and medical expenses of
the mentally and physically challenged children at the state level. 20
students would be benefited through this fund.
The criteria for the selection of the child are as follows:
1. Must be between the age group of 5 and 18.
2. Must be mentally or physically challenged.
3. Must be a school going resident of an orphanage or a student of a special school which can be in the government, aided or unaided sector and recognized by GOK or GOI.
2. Must be mentally or physically challenged.
3. Must be a school going resident of an orphanage or a student of a special school which can be in the government, aided or unaided sector and recognized by GOK or GOI.
The incentive amount generated from the
deposit shall be released to the head of the institution. He/She shall
spend it only on any of the following items for the beneficiary child.
- Medical care including surgery and special equipments.
- Tuition Fees, including special tuition.
- Nutritional supplement.
- Clothes
- Computer
If any organisation, whether in India or
abroad, manages to attract at least 100 deposits of Rs.One lakh each,
in a financial year , then such organization would be paid an incentive
equal to 0.5% of the total deposits. This would be paid only after all
the deposits canvassed by the organisation completes one year of
deposit.
In order to make contributions to CSR activities, depositors can forward their contributions (Rs.One lakh or its multiples) as Cheques/Demand Drafts/Cash to
The Executive Director
Kerala Social Security Mission
Poojappura, Thiruvananthapuram
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