· MVSTF signs
key MoU in the presence of Chief Minister of Maharashtra
· Strategic partnership
to empower development of rural Maharashtra
Mumbai:
Maharashtra Village Social Transformation Foundation (MVSTF), an initiative
with a mission to transform 1,000 villages across the state, today signed
Memorandum of Understanding (MOU) with Deutsche Bank in a bid to empower and
push development in rural part of the state.
The
MoU was signed in the presence of Hon. Chief Minister of Maharashtra, Shri
Devendra Fadnavis. Present at the event were Shri Praveen Pardeshi, ACS to CM,
from Deutsche Bank- Shri Ravneet Gill, India CEO, Shri Abhay Laijala, Managing
Director & Head, India Equity Research, Smt Ruchi Khemka, Head CSR and Shri
Abhishek Puri, Director- India Equity Research. Mr. Ramnath Subramaniam, CEO,
MVSTF signed the MoUs on behalf of MVSTF.
To
converge the developmental efforts between the Government of Maharashtra and Corporate India, MVSTF enables a
public-private partnership at grass root level. The partners provide financial
resources along with domain knowledge and expertise to bring about lasting
change in key development areas. The MoU was signed with the intent of
furthering collaboration between the Government of Maharashtra & Corporate
India.
Under
the guidance and mentorship of Additional Chief Secretary Shri Praveen
Pardeshi, MVSTF is gaining rapid momentum with 310 villages already covered
under the program and close to another 300 villages to be added over the next 3
months.
Shri
Gill appreciated the vision of Honorable CM and the swift implementation of
development projects such as MVSTF. Shri Pardeshi spoke about the convergence
and implementation of various Government schemes in these villages.
MVSTF is a
unique Public-Private Partnership in the country. MVSTF provides opportunity to
the youth in the form of Chief Minister’s Rural Development Fellowship (CMRDF)
programme. CMRDFs are assigned to a Gram Panchayat and work in close
association with local administration to prepare and implement participatory
development plans.
Speaking at
the event CEO Shri Ramnath Subramaniam spoke about the traction and support
MVSTF is gaining across these villages from the administration, sarpanches and gramasthas.
He highlighted the positive impact of the project and the strategy to implement
the transformation program across 1000 villages. MVSTF is targeting to create
Model villages which will be demonstrative of convergence of development
schemes ably supported by Government and Corporate interventions. He said “VSTF
looks forward to participation and support of Deutsche Bank and looks forward
to roping in more philanthropists and corporate partners.”
Deutsche
Bank has adopted 9 Gram Panchayats in Nandurbar and committed Rs 10 Cr towards
MVSTF. For phase 1, Mr Gill handed over a Cheque of Rs 3.5Cr to Hon. CM.
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