up to date: Jan 23, 2023 18:30 ist
New Delhi [India]January 23 (ANI/NewsVoir): Nationwide Heart for Promotion of Employment for Disabled Folks (NCPEDP), a 26-year-old cross-disability, non-profit group, working as an interface between the federal government, business, worldwide companies, and the voluntary sector in the direction of empowerment of individuals with disabilities has partnered with Bajaj Finserv Restricted, the holding firm of the monetary companies companies of the Bajaj Group, certainly one of India’s oldest and largest conglomerates for a Scholarship Program for College students with Disabilities in India.
The launch of the scholarship is in alignment with the just lately launched Nationwide Schooling Coverage 2022 – a forward-looking framework that proposes a paradigm shift in training planning and transaction within the nation. As per the UDISE+ report, in 2018-19, solely 29.47 per cent faculties throughout the nation had youngsters with disabilities enrolled in them and there’s a broad inter-state variation. The enrollment of youngsters with disabilities on the secondary stage of faculty training was additionally reported to be nearly half of the full variety of youngsters with disabilities enrolled within the elementary stage. The GPI (gender parity index) of youngsters with disabilities from 2014-15 to 2018-19, too, signifies a constant low ratio of ladies with disabilities to boys with disabilities. Addressing this drawback, this system goals to offer monetary help to 100 College students with Disabilities who can have entry to training whereas overcoming social limitations and inequality. 30 college students from Secondary Schooling, 30 from Senior Secondary Schooling and 40 from larger training might be chosen for the scholarship program primarily based in Uttar Pradesh and Maharashtra (The states identification is a strategic choice).
Arman Ali, Govt Director at NCPEDP, stated, “By beginning the scholarship in Uttar Pradesh, the biggest state with the best variety of folks with disabilities and Maharashtra, one of many largest and most closely populated states in the complete nation, we see it as a chance to achieve college students with disabilities who is perhaps in utmost want of this scholarship. That is an effort to establish, attain out and doc the tales of excellence, good practices, gaps and challenges regarding disability-inclusive training,”
Ajay Sathe, Group CSR Head, Bajaj Finserv Ltd, stated, “We’re delighted to hitch fingers with NCPEDP for a scholarship program specializing in youngsters with disabilities that can profit 100 college students. At Bajaj Finserv, we help organizations working for corrective therapy, provision of prosthetic gear, training, and skilling of individuals with disabilities. The brand new partnership is a crucial step in the direction of offering them with equal training and a dignified life. We hope that this affiliation will encourage extra faculties to confess youngsters with disabilities.”
Together with offering scholarships, the mission additionally contains capacity-building workshops for college kids in addition to for fogeys, lecturers, and analysis research. The appliance types for the scholarship can be found at www.ncpedp.org. The final date to submit the functions is 25 January 2023, Wednesday.
Registered as an impartial belief in 1996, Nationwide Heart for Promotion of Employment for Disabled Folks (NCPEDP) is a non-profit voluntary group working as an interface between Authorities, Business, Worldwide Businesses and Voluntary Sector in the direction of the empowerment of individuals with disabilities. Previously 25 years, NCPEDP has established itself as a number one cross-disability group which has later been strengthened by the formation of the Nationwide Incapacity Community (NDN) in 1999. Since then, NCPEDP has been profitable in reaching folks with disabilities throughout all states and union territories of the nation and has efficiently advocated a number of coverage modifications for the empowerment of individuals with disabilities. Know extra at www.ncpedp.org.
Bajaj Finserv Restricted is the holding firm for the varied monetary companies companies underneath the Bajaj group. Its imaginative and prescient is to offer monetary options for retail and SME clients by their life cycle. These contain: (i) asset acquisition and way of life enhancement by financing, (ii) asset safety by basic insurance coverage, (iii) household safety by life and medical health insurance, (iv) offering healthcare wants for the household, (v) providing financial savings merchandise , (vi) wealth administration, and (vii) retirement planning and annuities. By means of these companies that supply numerous enticing options, BFS serves hundreds of thousands of consumers.
BFS participates within the financing enterprise by its 52.49 per cent holding in Bajaj Finance Restricted (BFL) and within the life, basic and medical health insurance companies by its 74 per cent holding in two unlisted subsidiaries, Bajaj Allianz Common Insurance coverage Firm Restricted (BAGIC) and Bajaj Allianz Life Insurance coverage Firm Restricted (BALIC). BFS has an 80.13 per cent stake in Bajaj Finserv Direct Restricted (BFSD), which is a digital market for monetary companies merchandise from loans to insurance coverage, mutual funds, investments, way of life merchandise, funds and e-commerce. The steadiness 19.87 per cent is held by BFL. Bajaj Finserv Well being Restricted (BFHL), which is a well being tech enterprise searching for to create a digital preventive, customized and pre-paid well being answer is an entirely owned subsidiary of BFS. Bajaj Finserv Ventures Restricted, Bajaj Finserv Asset Administration Restricted and Bajaj Finserv Mutual Fund Trustee Restricted are wholly owned subsidiaries of BFS. Bajaj Finserv Asset Administration Restricted is awaiting closing approval from the Securities and Change Board of India for the graduation of the mutual fund enterprise.
Bajaj Housing Finance Restricted (BHFL), which is a worthwhile and fast-growing enterprise engaged in numerous elements of housing finance and improvement and Bajaj Monetary Securities Restricted (BFinsec), which is a stockbroker that gives its shoppers a full suite of funding services in an all-in-one digital platform, are wholly-owned subsidiaries of Bajaj Finance Restricted.
Each BFS and BFL are included within the benchmark BSE Sensex and Nifty 50 index of huge cap inventory.
To know extra, go to www.bajajfinserv.in.
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