MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23
95 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS ● 91% of candidates expressed their satisfaction with the practical exposure provided during the training. ● 98% of candidates were satisfied with the overall training delivery, including the pedagogy and training methods. 5. LIVELIHOODS ENHANCEMENT – RAIGAD Mahindra & Mahindra Limited partnered with Swades Foundation to support COVID-19 pandemic impacted families for creating livelihood opportunities in Raigad District, Maharashtra. The project benefited 711 households (98% from tribal and OBC communities) by providing support through goat rearing interventions and providing of fishing nets. The Village Development Committee (VDC) building was the key highlight of this project which ensured community ownership and management. VDC identified needy families and provided them with fishing nets, goats, and bucks. Consultation with key stakeholders and beneficiaries as part of impact assessment has indicated following outcomes:- ● 100% beneficiaries who received fishing nets, acknowledged rise in income due to nets provided to them. ● 86% of the respondents had an increase of 1 to 5 goats, while 9% of them had 10+ goat increase. ● 70%beneficiaries of goat rearing intervention reported an additional income in the range of INR 3,000 to 8,000 per annum while balance 30% beneficiaries were in the range of INR 8,000 to 20,000 per annum. 6. RISE FOR SAFE ROADS Mahindra and Mahindra Limited partnered with Save Life Foundation to implement the Rise for Safe Roads project, in response to the alarming number of road accidents and fatalities in India. The project aimed at achieving near-zero fatality from preventable road crashes on Mumbai-Pune Expressway. The Project covered several aspects, such as Engineering, Enforcement, Emergency and Trauma Care, Public Education and Awareness, and Coalition Building. Holistic measures were taken with installation of Chevron Sign Boards, S-Curve Signage, Whole Line Tactile Edge Lines, Speed Camera, Rumble strips, and Warning and Speed Limit Signages. Consultation with key stakeholders and beneficiaries as part of impact assessment has indicated following outcomes:- ● 89% of the interviewed road users feel safe while driving on Mumbai-Pune Expressway due to these interventions. ● 71% respondents believe that standardizing speed limit signages is effective in improving road safety. ● 65% respondents stated that Speed Cameras are effective in enhancing safe driving behaviour. ● 60% respondents believe that Rumble Strips at High Fatality Zones are highly effective. 7. UNITED FOR ROAD SAFETY Mahindra and Mahindra Limited partnered with United Way Mumbai for a road safety project based on the principles of Education – Engineering – Emergency Response – Enforcement. The project implemented in Mumbai, Pune, Nashik, Igatpuri, Zaheerabad, Bengaluru, Chennai and Haridwar, has benefited people at large through various interventions such as Two Wheels One Life, Global Road Safety Education for New Generation, Jeevandoot Kit Distribution, Slow Down, and Respect the Stop line. Consultation with key stakeholders and beneficiaries as part of impact assessment has indicated following outcomes :- ● 100% respondents rated the training as effective in developing confidence about handling critical situation as a first responder to accidents. ● 99% respondents acknowledged increase in their knowledge regarding Law and Enforcement for First Responders. ● 95% respondents found first-aid training effective. 8. SUSTAINABLE VILLAGE DEVELOPMENT – ALWAR Mahindra and Mahindra Limited partnered with Sarv Mangal Gramin Vikas Sansthan to implement sustainable village development project in 12 villages of Rajgarh block in Alwar, Rajasthan. The project benefited 8,440 Community members, where 88% belonged to SC, ST and OBC communities and 56% were from below poverty line. Interventions included promoting soil moisture and water conservation through various methods such as farm bunding, masonry structures, and earthen ponds. It also focused on sustainable agriculture, women empowerment, building capacity of community institutions, improving school infrastructure, and enhancing sanitation facilities. Consultation with key stakeholders and beneficiaries as part of impact assessment has indicated following outcomes: - ● 88% farmers reported an increase in the availability of water for agriculture post intervention. ● 95% farmers acknowledged an improvement in their knowledge of soil conservation activities. ● 83% farmers stated that their dependency on chemical fertilizers had decreased. ● 48% farmers reported increase in crop yield post-intervention.
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