CSR Project-TATA Steel

Presented by:
Group 7
Sonica Gupta
Mayank Awasthi
Vijay Gupta
Nishant Ranjan
Niharika Agarwal
Anupam Gupta

Introduction
The Company was originally incorporated as "The Tata Iron and Steel Company Limited" on
August 26, 1907 as a public limited company, under the provisions of the Indian Companies
Act, 1882. The Company was established by Jamsetji N. Tata, the founder of the Tata
companies and today is one of the flagship Tata companies. Pursuant to a resolution of the
Board of Directors dated May 19, 2005 and of the shareholders of the Company dated July
27, 2005, the name of the Company was changed to "Tata Steel Limited" with effect from
August 12, 2005. The Registered Office of the Company is situated at Bombay House, 24
Homi Mody Street, Fort, Mumbai 400 001.
There has been no change in the Registered Office of the Company. The Company
manufactures a diversified portfolio of steel products, with a product range that includes flat
products and long products, as well as some non-steel products such as ferro alloys and
minerals, tubes and bearings. The Company, through its Indian operations, is a large
manufacturer of ferro chrome and steel wires in India and a supplier of chrome ore
internationally. The Companys main markets include the Indian construction, automotive
and general engineering industries. The Companys main facilities have been historically
concentrated around the Indian city of Jamshedpur (Jharkhand), where the Company operates
a 6.8 mtpa crude steel production plant and a variety of finishing plants close to the iron ore
and coal reserves. The Company proposes to increase the crude steel production of the
Jamshedpur plant by 2.9 mtpa to 9.7 mtpa. The Companys bearing division is located at
Kharagpur (West Bengal), ferro manganese plant is located in Joda (Orissa), charge chrome
plant is located in Bamnipal (Orissa), cold rolling complex is located in Tarapur
(Maharashtra) and wire division is located at Tarapur (Maharashtra), Bangalore (Karnataka),
and Indore (Madhya Pradesh). The Company also has iron ore and coal mines, collieries and
quarries in the states of Jharkhand, Orissa and Karnataka.

In February 2005, the Company acquired the steel-related businesses of NatSteel Asia, with
facilities located in Singapore, China, Malaysia, Vietnam, the Philippines, Thailand and
Australia. In March 2006 the Company also acquired a 25.0% interest in Millennium Steel,
the largest steel producer in Thailand, and in April 2006 a further 42.1% interest, for a total
interest of 67.1% in Millenium Steel, (now known as Tata Steel (Thailand) Public Company
Limited). On April 2, 2007 the Company acquired Corus Group Limited, with key production
facilities located in the United Kingdom and the Netherlands. The acquisition was
implemented by Tata Steel UK Holdings Limited which is a wholly owned subsidiary of Tata
Steel Europe Limited, formerly known as Tulip UK Holdings (No. 1) Limited. In April 2009,
Hoogly Metcoke & Power Company Limited, which was earlier a subsidiary of the Company
was merged with the Company. The Equity Shares of the Company were first listed on the
BSE in 1937 as per records available with the Company and previously were also listed with
the Native Share and Stock Brokers Association Limited (the predecessor of the BSE). The
Companys Equity Shares were listed on the NSE on November 18, 1998. The Companys

Equity Shares were delisted from the Calcutta Stock Exchange Association Limited ("CSE")
with effect from May 30, 2008. 3,867 Global Depository Receipts issued by the Company are
listed on the Luxembourg Stock Exchange and 5,753,386 Global Depository Receipts issued
by the Company are listed on the London Stock Exchange. Convertible Alternative Reference
Securities ("CARS") issued by the Company are listed on the Singapore Stock Exchange. The
Convertible Bonds issued by the Company are listed on the Singapore Exchange Securities
Trading Limited. The Company has entered into a Brand Equity and Business Promotion
Agreement with the Promoter dated December 18, 1998 for the use of the "Tata" name. The
Company is not operating under any injunction or restraining order.
Born 175 years ago, in 1839, Jamsetji Nusserwanji Tata, the Founder of the Tata group, was
a visionary who felt the need to use the resources and capabilities at his command to the
service of the people of the country and make India a self-reliant economy. Motivated by the
early nationalists of the Indian freedom movement in the latter half of the nineteenth century,
Jamsetji Tata devoted his entire energy and effort to implement his vision of building an
industrial enterprise in India that would provide economic freedom to the country. An
enlightened entrepreneur and a great nationalist, his vision for a free enterprise was one
that would make the community the very purpose of its existence. A simple and altruistic
viewpoint, it enveloped within it a complex, hitherto unheard of, holistic ideology of business
enterprise as corporate citizens. His basic premise was that just as other citizens had both
rights and duties, the duty of a corporate citizen required it to serve the plural interests of
diverse stakeholders perhaps collectively viewed by him as the community. Even long
before the steel plant was established, Jamsetji had the vision that Tata Steels business
practices should follow few principles for common good including adopting an ethical value
system and transparent business practices, driven by the ideals of good governance that
consider the interests of the shareholders our own, and focus on the health and welfare of the
employees. His vision for Tata Steel was not restricted to the steel works but also of a
planned city with a lot of greenery around where the contented and productive work force
would reside. In later years, the city thus born out of his vision aptly came to be named as
Jamshedpur. He consciously abjured philanthropy, choosing instead to equip India to climb
out of poverty by establishing the means to harness its finest minds.
Tata Steel over the last century has always endeavoured to align its strategy and actions that
are focused on building sustainable and long-term business by placing equal emphasis on
stakeholder value creation and corporate citizenship.

Timeline
1907 - The Tata Iron and Steel Company Limited was formed in 1907 at Mumbai. The
Company manufactures rails, fishplates, bars, light structurals, heavy structurals, plates, black
sheets, galvanised sheets, tin bars, sleeper bars, sleepers, blooms, billets, sheet bars, wheels,
tyres and axles, skelp and strip, and special steels tools such as picks, beaters, hammers and
shovels and red-oxide, coal tar, sulphate of ammonia, etc.

1917 - During the year 1,50,000 equity shares issued at par and 26,250 deferred shares issued
at a premium of Rs.370 per share.
1919 - During the year 7,00,000 second pref. shares of Rs.100 each issued at par. 6181
second pref. shares forfeited.
1954 - During the year, 8750 defd. shares of Rs.30 each converted into 292,500 equity shares
of Rs.75 each. 642,500 bonus equity shares issued in prop. 1:1.
1973 - With effect from 1st April, the wholly owned subsidiary, West Bokaro Ltd., was
amalgamated with the company.
1980 - Tata Steel and ACC signed a long-term agreement, valid up to the end of 1991,
whereby the slag from the granulation plant could be taken by ACC.
1983 - During the year Indian Tube Company Limited was amalgamated with the company.
After the amalgamation, the company produces a wide range of tubes including seamless and
welded quality tubes. The company also makes agricultural implements and alloy steel baring
rings.
1986 - In October, higher recovery of iron-bearing materials from waste materials viz., a
Rs.18.5 crores waste-recycling plant, was commissioned.
1990 - In November, the 80-tonne energy optimising furnace set up with Korf Technology
was commissioned.
1991 - During the year Company acquired a 100% export-oriented ferro-chrome
manufacturing unit of OMC Alloys Ltd. from the Orissa State Government at a total cost of
156 crores. It is located at Bammpal, Orissa, and has a capacity to produce 50,000 tonnes per
annum of ferro-chrome.
1995- The company was implementing expansion of the Hot Strip Mill to two million tonnes
per annum and increasing the saleable steel capacity to 3.20 million tonne per annum. The
company proposed to install a bar and rod mill of 5,00,000 tonnes per annum capacity and
put up a facility to produce forging quality Rounds/Squares.
1998 - During the year it was proposed to set up a cold rolling mill at the company's works in
Jamshedpur to add value to current product mix-up. Letters of intent for most of the major
equipment, foreign and indigenous were placed. Nippon Steel were appointed as technology
consultants for the project.
2001 - Tata Iron and Steel Company Ltd. is the recipient of National Award for Excellence in
Corporate Governance for the year 2000. Tata SSL has become a subsidiary of Tata Iron and
Steel Company, following a successful open offer to the shareholders of TSSL.
2004 -Tata Steel April-Dec output of crude & saleable steel over 3 million tonnes. Tata Steel
gets Petroleum Conservation Research Association award for energy conservation

2008 - Tata Steel gets the Best Establishment Award by the President of India, Mrs. Patibha
Patil
2009 - Tata Steel, through its subsidiary, Tata Steel Global Minerals Holdings has entered
into Joint Venture Agreement on 6th November 2009 with New Millennium Capital Corp.
- Tata Steel wins Golden Peacock Award for Corporate Social Responsibility -Tata Steel Corus signs Share Purchase Agreement with Klesch for sale of aluminium smelters -Tata
Steel - Corus signs MoU on Teesside sale with Marcegaglia and Dongkuk -Tata Steel enters
into Joint Venture Agreement with New Millennium, Canada
2010 - Tata Steel, Indias leading steel makers has teamed up with State Bank of India, Orissa
government and CAP, for the manufacturing of the skilled labour.
- Tata Steel has added one more milestone to its locker, as the Tata Steel has been ranked
among the world's top ten of the "Most Admired Company" rated by Fortune Magazine and
the Hay Group during the year.
- Tata Steel won the Most Admired Knowledge Enterprise (MAKE) Winner for the year 2010
for sustained excellence in field of Knowledge Management.
2011 - Tata Steel - Joint Venture for Automotive Cold-Rolled Flat Products. TSRDS Jharia
receives Best NGO award.
2012- Tata Steels prominence on safety at all levels of its operations received national
ovation with the Company bagging the prestigious National Safety Award
- Safety & Health Excellence Recognition 2012 awarded to Tata Steel by Worldsteel
Association
2013 - Tata Steel was awarded the 'CII-ITC Sustainability Prize' in the 'Category A' for Large
Independent Company at the CII-ITC Sustainability Awards 2012.
- Tata Steel, a pioneer in steel manufacturing, launched a new version of its online portalValueabled.com at the Jaipur Literature Festival, an online extending company sustained
campaign to inspire the youth to embrace a value driven society.
THE TATA STEEL VISION To be the global steel industry benchmark for value creation
and corporate citizenship.
We will achieve this through:
Our people by fostering team work, nurturing talent, enhancing leadership capability and
acting with pace, pride and passion.
Our offer by becoming the supplier of choice, delivering premium products and services,
and creating value for our customers.

 Our innovation by developing leading-edge solutions in technology, processes and

products.
Our conduct by providing a safe and healthy workplace, respecting the environment,
caring for our communities and demonstrating high ethical standards.
Tata Steel has always believed that the principle of mutual benefit between countries,
corporations, customers, employees and communities is the most effective route to
profitable and sustainable growth.
Tata Steel is among the top ten steel manufacturers in the world. It operates in more than 20
countries and has a commercial presence in over 50.
A focus on continuous improvement and cutting-edge R&D has enabled Tata Steel to
stay ahead.
Raw Material Security
A pioneer in prospecting, discovering and extracting iron ore, coal and other minerals
required for steelmaking, Tata Steel has almost a century of experience in mining raw
materials safely, efficiently and sustainably. The companys long-term strategy is to
have as much control as possible over its raw material resources and to ensure security
of supply for its operations globally.
Company-owned and operated mines and collieries have met most of the raw material
needs of the Jamshedpur steel plant since its inception. Tata Steel s raw materials
division in India produces over 14 million tonnes of ores a year from its captive
collieries, iron ore mines and quarries in the states of Jharkhand
and Orissa.
Other significant investments in raw materials include a recently enhanced holding in the
Riversdale Mining Limited coal project, development of an iron ore project with New
Millennium Capital Corporation, and Dhamra Port Company Limited a 50:50 joint
venture between Tata Steel and Larsen & Toubro to construct a deepwater port on the
eastern coast of India. Tata Steel also has several joint ventures in Africa, Australia and
Canada to further increase its raw material security.
Research and Development
A collaborative approach, cross-fertilisation of better practices and technology
absorption through integration of processes have led to measurable and continuous
improvement in many aspects of Tata Steels performance. In addition to its ongoing
drive to improve the quality and quantity of the steel it produces, Tata Steel continues to
conduct extensive research with the objective of making its steel production operations
more energy efficient, cost-effective and environmentally sustainable.
The research and development (R&D) centres are located at IJmuiden in the Netherlands,
Rotherham and Teesside in the UK, and Jamshedpur in India. A clear focus on
development of cutting edge technology has enabled Tata Steel to become one of the
lowest cost steel producers worldwide. Current activities in this area include research on

agglomerates chemistry, blast furnace burden distribution, integrated through-process

modelling, reduced zinc consumption during tube galvanising, and many others. A
number of research groups in India and Europe are actively engaged in developing new
products. Research relating specifically to the automotive sector, for example, includes
the development of advanced high strength steels, new forming techniques, new and
improved joining techniques, innovative coatings, and improved fatigue life of
components. Tata Steels R&D centres also conduct many programmes to improve the
life cycle and sustainability of its products. These include projects to reduce energy
consumption, CO and other emissions.

Areas of business
Tata Steels operations in Jamshedpur are among the most cost competitive in the global steel
industry.
Throughout its century-long history, Tata Steel in India has been a pioneer in industrial and
employment practices. Today it has a 6.8 mtpa crude steel production plant as well as a
significant presence in all the key product segments.
Capacity expansion is a key strategy for Tata Steel in India, where it derives much of its
competitive advantage as a low-cost producer from the quality and yield of its raw material
sources. The mines have provided raw material security and also partially insulated Tata Steel
from the volatility within the global markets for these raw materials. Work is currently under
way to increase steelmaking capacity at Jamshedpur to 9.7 mtpa of crude steel by 2012. This
additional capacity will enable the company to increase its market share in flat products and
to use its existing resources more efficiently, including manpower, utilities and its captive
mines. Looking further into the future, the company plans to continue to increase its capacity
significantly through both brownfield and greenfield developments.
The company produces crude steel and basic steel products, and makes steel for building and
construction applications through Tata BlueScope Steel, its joint venture with Australia's
BlueScope Steel.
Tata Steel has also set up joint ventures for the development of limestone mines in Thailand,
the procurement of low-ash coal from Australia and coking coal from Mozambique, and the
setting up of a deep-sea port in Orissa in India. The company is exploring opportunities in the
titanium dioxide business in Tamil Nadu, India, and will soon be producing high carbon
ferrochrome from its plant in South Africa.

Joint ventures, subsidiaries, associates

Tata Steel Europe: Europes second largest steel maker with major operations in the
UK and continental Europe, Tata Steel Europe produces long and strip products for
the construction, automotive, packaging, engineering and other markets worldwide.
The acquisition of Corus in 2007 transformed Tata Steels manufacturing capacity,
capability and market position to a global scale. Today the European operations

employ some 35,000 people. Tata Steel has a crude steel production capacity of over
20 mtpa in Europe more than two thirds of the Groups total capacity with major
steelmaking centres in Port Talbot, Rotherham and Scunthorpe in the UK and
IJmuiden in the Netherlands.
IJmuiden is currently the Groups largest single steel plant with a crude steel
production capacity of 7.6mtpa. Tata Steel has additional manufacturing operations in
Germany, France and Belgium, backed by a global network of sales and service
centres offering a wide range of products and service solutions to customers
throughout the world.

NatSteel Holdings: NatSteel Holdings, Tata Steels, largest entity in SEA, is a leading
steel producer in the region. A leading supplier of premium steel products for the
construction industry, NatSteel has operations in seven countries in Asia.
NatSteel delivers high steel solutions for the construction industry including both
upstream as well as customised downstream products and services. Headquartered in
Singapore, it has operations in Australia, China, Thailand, Vietnam, and Philippines.
Employing over 3000 people across the region, NatSteel has a total production
capacity of over 2 mtpa, and is poised for further growth. Tata Steel Thailand is the
largest producer of long steel products in Thailand, with a manufacturing capacity of
1.7 mtpa and further expansions planned.

Tata Steel Thailand: A major steel producer in Thailand, the company produces steel
for the construction industry.

Tinplate Company of India: Industry leader in India in the manufacture of tinning

line products, including electrolytic tinplate, tin-free steel and cold-rolled products.

Tayo Rolls: Indias leading roll manufacturer and supplier, the company produces
rolls for integrated steel plants, power plants, the paper, textile and food processing
sectors, and the government mint.

Tata Ryerson: Offers hot- and cold-rolled flat steel products in customised sizes and
quantities.

Tata Refractories: Produces high-alumina, basic, dolomite, silica and monolithic

refractories and offers design, procurement and re-lining service.

Tata Sponge Iron: Produces sponge iron lumps and fines.

Tata Metaliks: Manufactures and sells foundry-grade pig iron.

Tata Pigments: Produces oxides of iron, dry cement paint, exterior emulsion paint
and distemper. Its products are used in paints, emulsions, cement floors and plastics.

Jamshedpur Injection Powder: Manufactures carbide de-sulphurising compounds

used for the production of low-sulphur, high-quality steel.

TM International Logistics: Provides material handling and port operation services

at the Haldia and Paradip ports in India; also has freight-forwarding and chartering
services.

mjunction services: A 50:50 joint venture involving Steel Authority of India and
Tata Steel, it is India's largest e-commerce company and the world's largest emarketplace for steel.

TRF: In the business of design, manufacture, supply, installation and commissioning

of engineered-to-order equipment and systems in the areas of bulk material handling,
processing, reclaiming and blending.

Jamshedpur Utility and Service Company: Re-engineered out of Tata Steel's town
services, JUSCO provides municipal and civic services for townships.

Indian Steel and Wire Products: Recently acquired by Tata Steel, ISWP has a wire
unit and a steel roll manufacturing unit.

Tata BlueScope Steel: A joint venture with BlueScope Steel, Australia, the company
offers a comprehensive range of branded steel products for building and construction
applications.

Dhamra Port Company: A joint venture between Larsen & Toubro and Tata Steel to
build a deep-draft (18 metres) all-weather port in Orissa on the east coast of India.

Hooghly Met Coke & Power Company: A joint venture with the West Bengal
Industrial Development Corporation, producing met coke and electric power.

Lanka Special Steel: A Sri Lankan unit that manufactures galvanised wires.

Sila Eastern Company: Established to develop limestone mines in Thailand, mainly

for captive use.

Tata Steel KZN: Setting up a high carbon ferrochrome plant in South Africa with an
annual production capacity of 135,000 tonnes.

Tata NYK: A 50:50 joint venture with Nippon Yusen Kabushiki Kaisha (NYK Line)
to set up a shipping company to handle dry-bulk and break-bulk cargo.

Financials
Parameter

MAR'14

MAR'13

YoY

( Cr.)

( Cr.)

%Change

3,246.41

3,246.41

0.00%

Total Reserves

60,453.33

54,596.62

10.73%

Shareholder's Funds

63,699.74

57,843.03

10.13%

Long-Term Borrowings

0.00

0.00

0.00%

Secured Loans

2,125.55

2,036.02

4.40%

Unsecured Loans

21,682.54

21,529.55

0.71%

Deferred Tax Assets / Liabilities

2,038.98

1,843.74

10.59%

Other Long Term Liabilities

0.23

91.09

-99.75%

Long Term Trade Payables

983.29

289.78

239.32%

Long Term Provisions

1,905.05

2,113.42

-9.86%

Total Non-Current Liabilities

28,735.64

27,903.60

2.98%

Trade Payables

8,263.61

6,363.66

29.86%

Other Current Liabilities

8,671.67

8,509.79

1.90%

Short Term Borrowings

43.69

70.94

-38.41%

Short Term Provisions

1,902.81

1,544.26

23.22%

Total Current Liabilities

18,881.78

16,488.65

14.51%

Total Liabilities

1,11,317.16

1,02,235.28

8.88%

0.00

0.00

0.00%

EQUITY AND LIABILITIES

Share Capital
Share Warrants & Outstandings

Current Liabilities

ASSETS
Non-Current Assets

Gross Block

39,644.05

38,531.91

2.89%

Less: Accumulated Depreciation

15,240.76

13,519.65

12.73%

Less: Impairment of Assets

137.54

137.21

0.24%

Net Block

24,265.75

24,875.05

-2.45%

Lease Adjustment A/c

0.00

0.00

0.00%

Capital Work in Progress

18,509.40

8,722.29

112.21%

Intangible assets under development

0.00

0.00

0.00%

Pre-operative Expenses pending

0.00

0.00

0.00%

Assets in transit

0.00

0.00

0.00%

Non Current Investments

52,318.56

49,984.80

4.67%

Long Term Loans & Advances

4,080.07

6,574.15

-37.94%

Other Non Current Assets

106.45

68.19

56.11%

Total Non-Current Assets

99,280.23

90,224.48

10.04%

Currents Investments

2,343.24

434.00

439.92%

Inventories

6,007.81

5,257.94

14.26%

Sundry Debtors

770.81

796.92

-3.28%

Cash and Bank

961.16

2,192.36

-56.16%

Other Current Assets

182.38

615.80

-70.38%

Short Term Loans and Advances

1,299.20

2,207.83

-41.15%

Total Current Assets

11,564.60

11,504.85

0.52%

Net Current Assets (Including Current Investments)

-7,317.18

-4,983.80

46.82%

Total Current Assets Excluding Current Investments

9,221.36

11,070.85

-16.71%

Miscellaneous Expenses not written off

472.33

505.95

-6.64%

Total Assets

1,11,317.16

1,02,235.28

8.88%

Contingent Liabilities

8,874.17

6,517.36

36.16%

Current Assets Loans & Advances

Total Debt

27,917.26

27,507.79

1.49%

Book Value (in )

627.59

566.94

10.70%

Adjusted Book Value (in )

627.59

566.94

10.70%

Ratios
Parameter

MAR'14

MAR'13

Earnings Per Share (Rs)

66.02

52.13

DPS(Rs)

10.00

8.00

Book NAV/Share(Rs)

627.59

566.94

Yield on Advances

0.00

0.00

Yield on Investments

0.00

0.00

Cost of Liabilities

0.00

0.00

NIM

0.00

0.00

Interest Spread

0.00

0.00

ROA(%)

6.01

5.10

ROE(%)

11.05

9.46

ROCE(%)

13.11

11.75

Cost Income Ratio

0.00

0.00

Core Cost Income Ratio

0.00

0.00

Operating Costs to Assets

0.00

0.00

Operational & Financial Ratios:

Margin Ratios:

Performance Ratios:

Efficiency Ratios:

Capitalisation Ratios:

Tier 1 ratio

0.00

0.00

Tier 2 ratio

0.00

0.00

CAR

0.00

0.00

PER(x)

5.97

5.99

PCE(x)

4.59

4.52

Price / Book(x)

0.63

0.55

Yield(%)

2.54

2.56

EV / Net Sales(x)

1.56

1.46

EV / Core EBITDA(x)

4.79

4.63

EV / EBIT(x)

5.65

5.73

EV / CE(x)

0.59

0.54

M Cap / Sales

0.92

0.79

Core Operating Income Growth

-2.99

-2.53

Operating Profit Growth

13.10

-3.18

Net Profit Growth

26.65

-24.39

BVPS Growth

10.70

5.83

Advances Growth

0.00

0.00

EPS Growth(%)

26.65

-24.39

Loans / Deposits(x)

0.00

0.00

Total Debt / Equity(x)

0.00

0.00

Current Ratio(x)

0.00

0.00

Quick Ratio(x)

0.00

0.00

Total Debt / Mcap(x)

0.00

0.00

Valuation Parameters:

Growth Ratio:

Liquidity Ratios:

Net NPA in Rs. Million

0.00

0.00

CSR Philanthropy
TOWARDS A CONTINUED CORPORATE SOCIAL RESPONSIBILITY FOCUS
Tata Steel has adopted an integrated business model to support its vision of being a global
leader in creation of value, while being a steel industry benchmark organisation in Corporate
Citizenship in its efforts towards Social Responsibility and Environmental performance.
Responsible Development
The Tata Steel groups core purpose is To improve the quality of life of the communities we
serve through long-term stakeholder value creation.At Tata Steel, sustainable development
and inclusive growth is facilitated by the Corporate Social Responsibility (CSR) department
through its operating arms i.e., the Tata Steel Rural Development Society (TSRDS), the Tata
Steel Family Initiative Foundation (TSFIF), the Tata Steel Tribal Cultural Society (TSTCS)
and the Tata Steel Skill Development Society (TSSDS). Its initiatives span health, education,
sports, sustainable livelihoods, drinking water, renewable energy (solar street lights),
employability training and ethnicity.

Programmes
Significant CSR Achievements, Financial Year 2013-14:
1. A CSR Advisory Council was set up with eminent names from academia and the
development sector to guide the Companys approach towards CSR.
2. Project MANSI on maternal and new born survival, which is underway in 167
villages of Seraikela district, has brought down the infant mortality rate by 26.5% and
neonatal mortality rate by 32.7%.
3. Project RISHTA on adolescent health was scaled up from Seraikela Kharsawan to
other operational areas of the Company and is now being implemented in 700+
villages across 7 districts in Jharkhand and Odisha.
4. To provide healthcare services to deprived communities, Tata Steel in partnership
with Hewlett Packard set up an E-health centre at Bagbera in Jamshedpur. Patients are
catered to by doctors sitting at a distant location using real time technology solutions.
5. Jyoti Fellowship was given to nearly 3,000 meritorious students from the SC/ST
communities across Jharkhand, Chhattisgarh and Odisha.
6. The Company partnered with several organisations to set up skill development centres
for IT, hospitality, textile, cosmetology etc.
7. To empower farmers of Patamda, a Market Yard was set up in January 2014 to
provide options to aggregate and market the agriculture produce at a fair price.

8. Under the solar street light project, nearly 2,300 solar street lights were installed in
villages of Jharkhand and Odisha.
9. Nearly 10,000 youth learned tribal scripts for Ho, Santhali and Oraon languages.
10. Some of the high-impact CSR projects in the pipeline for Financial Year 2014-15
include the 1,000 schools project in Odisha, aimed to improve the quality of education
in government primary schools; a model school for underprivileged communities in
Jharkhand; skill development centres in Jaipur, Gopalpur and Jamshedpur; and two
more hospitals at Gopalpur and Kalinganagar.

Conclusion
For bringing back and maintaining the general balance in the economic and social arena it is
evident to think deeply and act wisely about CSR. Every business house owe some
responsibility towards the society, nation and world in general which provide it with all
human, material and natural resources. Considering the long run growth and sustainable
development following the norms of CSR , devising new policies and effective
implementation is inevitable to bring and sustain a balance between corporate world and
society, present generation and upcoming generation, man and nature .
As far as the Tata group is concerned , it has gone a long way in fulfilling its duty and
responsibility towards the society and the nation. It has reached the masses to elevate their
lives, to nurture their dreams and to hone their skills justifying the statement of the founder
We do not claim to be more unselfish, more generous and more philanthropic than other
people. But we think we started on sound and straightforward businessprinciples, considering
the interests of the shareholder, our own, and the health and welfare of the employees, the
sure foundation of our prosperity.
1. As business is an integral part of the social system it has to care for varied needs of
the society
2. Business which is resourceful has a special responsibility to the society
3. Social involvement of business would enhance a harmonious and healthy relationship
between the society and business seeking mutual benefit for the both.
4. Social involvement may create a better public image and goodwill for the company
which further becomes instrumental in attracting customers, efficient personnel and
investors.
Significance
1) To the Policy Makers
Encourages Private Public Partnership (PPP) for CSR promotion encompassing
infrastructure, pollution, child labor, labor productivity & morale.

It may become helpful to make the policy makers at political and corporate level
as well consider CSR an investment and not an expense as it can become
instrumental in increasing goodwill and corporate image.
2) To the Society
Development of infrastructure i.e. parks, water purification, education etc.
Environment protection
Uplifting of the rural populace
Bringing the tribes into the mainstream of the country
3) To the Economy as a whole
Increase in the growth rate
Strategic CSR at political and corporate level can make the country a better
investment destination .
Cumulative results may improve Human Development Index (H.D.I.) of the
country
Recommendations
1. The concept of private-public partnership (PPP) should be applied in the effective
implementation of CSR i.e. government and business houses should act in
collaboration for the cause.
2. The Human Resource department (at the political and private level both) should be
entrusted with the responsibility of measuring and evaluating in CSR activities . It can
be done in two forms
Direct results, such as, economic and financial savings
Indirect results like increase in employee satisfaction, less absenteeism, less
employee turnover evaluated by staff surveys
3. Periodic review of the CSR activities should be conducted by every business entity so
as to identify the pitfalls and the areas left out.
4. Innovation should essentially be a matter of concern ; be it searching the untouched
areas and scope of CSR or the formulation of CSR strategy or the implementation
thereof.
5. NGOs should be encouraged to act in collaboration for the CSR activities under
different schemes and projects as they play a crucial role in the upliftment of the
masses.