As a po lic y, Na lco sta rt ed al lo cat in g year for Periphery Development (P The a mo unt wa s doub led to 1 % sinc Out of the total sum: •40% for Dam anjodi secto wher e the Mines & Refin er •40% for Angul sector, where the Smelter & Power •20% for rest of areas. RPDACAs p er th e p ol icy of G overnment o f Ad vi so ry Com mi tte es (RPD ACs ), at Divisional Commissioners (RDCs), Memb ers, deci de all pol ic y a nd pr these areas. Till 2011-12 fiscal, programme. NALCO FOUNDATION In 2010-1 1 fi scal, Nal co Bo ar d de ci activities. Among other things, the of Nal co ’s total ne t p ro fit ever y y Foundation. With the setting up of now stands d oubled at 2% of the ne •The Foundation was regis un de r t he Ind ia n Trusts A •The Foundation is based is su ed in Ma rc h 2 01 0 b y t Government of India. •As di re cte d th er ei n, si n its CSR expenditure range •Na lco has opted for the m 0.5% of its net profit every ) activities, since 1998-99. e 2002-03. , are located; Plant are located; di sh a, th e R eh a bi li ta ti on & Pe ri ph ery Deve lo p Korapu t and An gu l, heade d b y conce r ned R e with loc al MLAs, MPs, Collecto rs a nd o the ject m atte rs r ela ted to p eri phe ry d eve lopm e alco ha s allocate d Rs. 1 57.56 cro re u nde ded to set up a stan dalone Foundation for it oard decided to allocate an additional one pe ar to fund the schemes to be unde rtak en b al co Foun da tion , t he CS R b udge t o f t he co m profit. tered on 28 th July 2010, ct 1882. n the Guidelines on CSR for CPSEs, he Department of Public Enterprises, e Nalco’s net profit is more than Rs.500 should be: 0.5% to 2% of the net profit. ximum by setting up the Foundation. ment enue s as nt in r PD CSR cent this pany rore,
