MAHINDRA & MAHINDRA LTD. | Integrated Annual Report 2022-23

97 COMPANY OVERVIEW BOARD’S REPORT MANAGEMENT DISCUSSION AND ANALYSIS CORPORATE GOVERNANCE BUSINESS RESPONSIBILITY AND SUSTAINABILITY REPORT STANDALONE ACCOUNTS CONSOLIDATED ACCOUNTS ● 93% farmers were able to use mobile applications for agri-advisory purposes. ● 92% farmers acknowledged use of information to improve efficiency in farming practices. ● 90% farmers noted 5-10% increase in farm productivity. ● 87% farmers observed improvement in crop yield due to interventions. 13. ADARSH VIDYALAYA Mahindra and Mahindra Limited partnered with Vishal Mumbai Shikshan Prasarak Mandal (VMSPM) for 3 years (FY20, FY21, FY22) for reconstruction of a school building namely Adarsh Vidyalaya in Goregaon, Mumbai. Key objective was to create an enriched learning environment for economically weaker students and instil values of confidence, resilience, and civic responsibility in them. Due to redevelopment of infrastructure, over 3,000 students and 100 teachers will benefit annually. The school also actively fosters interactions between parents, teachers, and students to support the growth and development of its students. Consultation with key stakeholders as part of impact assessment has indicated following outcomes:- ● The project included building of Classrooms, Science lab, Library and other amenities. ● Improved infrastructure has created a more supportive, safe, and secure environment for students to learn and grow. ● The project has significantly increased the school’s capacity, allowing it to deliver education in Marathi as well as English medium. 14. ANTIM PRASTHAN Mahindra & Mahindra Limited partnered with Harilal Parekh Parivar Charity Trust to renovate Mata Ramabai Ambedkar Smashan Bhumi in Worli, Mumbai. The key objective of the project was to provide dignified and environment friendly final rites services. The project offers alternatives to the conventional wood pyre, with closed wood pyre and gas furnaces which are both environment friendly and economical. To further enhance sustainability, the project includes rainwater harvesting, solar panels for power generation, and use of composting pits, resulting in a landscaped garden and burial ground with green pathways. Consultation with key stakeholders as part of impact assessment has indicated following outcomes:- ● The project constructed 3 gas furnaces, 2 closed wood furnaces, and 5 traditional wood pyres, providing environment friendly and economical alternatives for final rites. ● Closed wood pyre saves up to 210 kg of wood, costs INR 2,400 less and emits 80% less carbon. 15. HEAD AND NECK CANCER INSTITUTE OF INDIA Mahindra & Mahindra Limited and Mahindra Foundation partnered with CanCare Trust towards the building of state of art ‘Head and Neck Cancer Institute of India’ (HNCII) in Mazgaon, Mumbai. This 93 bedded Specialized Institute (first of its kind) is dedicated towards diagnostic, curative specialized care for Head and Neck cancer, alongside related ailments at subsidized rates for economically weaker sections. Consultation with key stakeholders as part of impact assessment has indicated following outcomes:- ● 140 doctors and paramedical staff, and team of diverse specialists for complex cases can provide services at the hospital. ● The hospital can reduce the cost of treatment by 40% compared to other cancer care hospitals. ● 20% of the beds are reserved for economically weaker sections, where treatment is provided either free of cost or at nominal rates. ● The centre’s advanced research wing will train specialists on modern technology and contribute to developments in oncology, further enhancing the centre’s capabilities. 16. COVID-19 RELIEF - TAMIL NADU The COVID-19 outbreak had put unprecedented strain on India’s healthcare system. With more than 34 lakh infections and 38,000 fatalities, Tamil Nadu was among some of the worst affected states. Mahindra & Mahindra Limited provided 200 oxygen concentrators to 6 districts of Tamil Nadu (Theni, Ariyalur, Cuddalore, Thiruvannamalai, Salem and Chengalpattu) via district administrations to support the COVID-19 relief efforts. Consultation with key stakeholders as part of impact assessment has indicated following outcomes:- ● Hypoxic patients benefitted with access to oxygen through concentrators. ● Even post the pandemic, oxygen concentrators are continued to be used for treatment of patients from other illnesses who need oxygen support.