PSUs biggest donors to Clean Ganga Fund

PSUs biggest donors to Clean Ganga Fund

News:

1. Public Sector Undertakings (PSUs) outdid their private sector peers in contributing to the Clean Ganga Fund (CGF) through Corporate Social Responsibility (CSR).

Important facts:

2. The State and Central government public sector units(PSU)s donated large funds for clean Ganga projects.

3. Around Rs 220 crore was donated to the CGF as of January 2018.

4. Private companies contributed around ₹20 crore

5. The public sector, Central public sector and Government Departments contributed about ₹177 crore.

6. The rest were from individual donations.

7. Clean Ganga Fund:

• The Clean Ganga Fund(CGF) was created in 2014 and envisioned as a source of funds from private companies, individuals and institutions.
• The purpose to set up CGF is to attract private contributions globally for increasing people’s participation in this massive task.
• The ‘Clean Ganga Fund’ was launched as a part of the Namami Gange programme.
• It was launched to encourage contributions from Indians, NRIs, PIOs, institutions and corporates towards Ganga rejuvenation.
• Namami Gange Programme is an umbrella programme carried out through various coordinated activities including treatment of municipal sewage, river front development among others.