annual-report-FY2021

Mahindra Pride Schools Transforming the untapped potential of India's youth to enable them to Rise above their circumstances towards careers of growth requires specialised skill development. The Mahindra Pride School (MPS) is a unique 90-day livelihood training programme for youths from socially and financially disadvantaged communities. Training is provided in the four domains of ITES, retail, hospitality and auto along with compulsory training in life skills, spoken English and computer skills. Of these, M&M Ltd. supported the schools in Chandigarh, Varanasi and 2 schools in Chennai, which collectively skilled 2,520 students. Since its inception, 43,622 students have been trained through this programme. MPS has a track record of 100% placements. However, placements of students in F20 and F21 have been adversely impacted due to the ongoing pandemic. In F21, 92,304 youths from polytechnics, ITIs, arts & science colleges across 13 states of India, received training through 1,816 Mahindra Pride Classrooms (MPC). Of these, 61,677 were supported by M&M Ltd. The Mahindra Pride Classrooms provide 20-40 hours of training modules to final year students on English speaking, life skills, aptitude, interview preparedness & group discussion, and digital literacy. In F21, delivery of instructions in MPS and MPC was conducted through virtual classrooms, thereby complying with the government regulations and keeping the dreams of our youth alive. Till date, 3,79,721 students have been trained through 8,335 Mahindra Pride Classrooms since its inception. CSR PROJECTS Project Nanhi Kali We believe that true societal development will only occur when we invest in the education of girls. Our flagship CSR initiative, Project Nanhi Kali, supports the education of underprivileged girls in India who must often overcome deeply entrenched social restrictions and financial constraints to fulfil their dreams. The project provides 360-degree support to girls from Classes 1 to 10, including two hours of free after-school remedial classes every day and an annual school supplies kit to enable them to attend school with dignity. Additionally, to bridge the gap in digital literacy, digital tablets pre-loaded with AI-based learning software have been provided to the girls. This year, despite government school closures caused by the COVID-19 pandemic, temporary community based Nanhi Kali Academic Support Centres were set up, with due permissions from the government authorities, to ensure continued educational support to the 'Nanhi Kalis'. 1.72 lac girls bene tted across 6,346 academic support centres in 9 states. Of these, 73,669 girls were supported by the Mahindra Group - the largest corporate contributor to the Project, and 33,046 girls were supported by M&M Ltd. 4,342 students trained in F21 by the Mahindra Group via 7 MPSs in Pune, Chandigarh, Hyderabad, Varanasi and 3 MPSs in Chennai. 50 COMPANY OVERVIEW SUPPORTING COMMUNITIES TO RISE PIVOTING TO GROWTH RISING THROUGH INNOVATIONS RISING WITH FOCUS ON ESG CORPORATE INFORMATION STATUTORY REPORTS FINANCIAL STATEMENTS