Mumbai, Correspondent
Over the past seven years, Standard Chartered Bank has implemented various social initiatives in Maharashtra focusing on water security, healthcare, job creation, and climate change resilience. These initiatives have directly benefited over 8.3 lakh citizens in the state, making a valuable contribution to the state's development, stated Chief Minister Devendra Fadnavis.
Chief Minister Shri Fadnavis remarked that joint efforts between the state government and the private sector are ensuring that the benefits of development reach the underprivileged sections of society. The work done by Standard Chartered Bank in fields like water conservation, rural development, women empowerment, and healthcare complements the state's development goals.
Women constitute more than 52% of the total beneficiaries of the bank's diverse social initiatives, which heavily focus on water conservation, healthcare, and livelihood enhancement. These programs have been effectively implemented across 30 districts in Maharashtra, including **75%** of the state's aspirational districts.
Comprehensive Measures for Water Security as follow A storage capacity of 1.06 billion liters of freshwater has been created. 45 Water ATMs have been installed in drought-prone areas. Water security has been strengthened across 271 villages, including those in Marathwada and Vidarbha. More than 8,000 farmers have been supported with water conservation measures and climate-resilient farming techniques. The plantation of 7 lakh trees marks a significant milestone toward mitigating the impacts of climate change.
6,598 youths were provided skill development and employment training, out of which 63% successfully secured jobs. Opportunities were created in diverse sectors such as Electric Vehicles (EV), automotive, Artificial Intelligence (AI), electronics, banking, and entrepreneurship. The average annual income of the beneficiaries was recorded at ₹1.66 lakh. Women comprised 61% of the beneficiaries in this program, with special financial assistance provided to rural women entrepreneurs. Additionally, 758 women micro-entrepreneurs received support.
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