Bhubaneswar, Apr 19: The Rourkela Steel Plant (RSP) has launched a scheme to provide financial support to children from the underprivileged sections of its peripheral villages and resettlement colonies.
RSP Managing Director B N Singh today presented scholarships worth Rs 11.4 lakhs to 103 underprivileged students, including 42 girls.
As many as 80 students from class one to five received a cheque of Rs 10,800 each at the rate of Rs 900 per month annually.
Similarly, 23 students of class six to ten were presented with a cheque of Rs 12,000 each at the rate of Rs 1000 per month. All the recipients of the scholarships were selected by the District Administration.
Mr Singh said the RSP had been making constant efforts to ensure that no bright student in its periphery has to forsake education for lack of finance.
He said the scholarships provided by the RSP was adequate to take care of the educational needs of the students and hoped that each recipient would become highly qualified and worthy citizens of the country.
The Managing Director said as part of in the Corporate Social Responsibility (CSR) various initiatives had been taken by the plant for the development of the entire periphery in general and the 16 model steel villages adopted by the Steel Plant in particular.
The Steel Plant had also instituted a scholarship of Rs one lakh each for five boys and same number of girls of the periphery for pursuing professional courses.
These apart the Steel Plant was also providing additional class rooms, libraries, computers and other infrastructural facilities in schools and colleges covering about 100 villages.