At GTL social responsibility is an integral part of our existence.
Our social transformation initiatives are centred mainly around the two noble causes- Education and Health
Education: Education brings about powerful social change and is the key to building a society that can develop in a sustainable manner. In our society education is still unaffordable for many families and children miss out on this crucial developmental tool due to this. It is to bridge this gap, even if in a small way, that the Company wants to focus on Education as part of our CSR initiatives. GTL works along with registered NGOs as well as Educational Institutions in this regard. While on the one side we look toward to facilitate basic education for children who can’t afford it, we also focus on developing special skill sets that enable individuals to take up employment in specialized fields. In this respect our long term goal is to enable development /training of individuals in being equipped to be productively employed in the financial sector. Education also includes imparting knowledge to an individual in areas like civil sense, personality development, humanitarian values etc which result in the all round development of the individual and bring into being well developed, resourceful and responsible citizens. Projects that focus on such areas will also be considered eligible to be included under CSR of the Company.
Health: The Company aims at focusing part of its CSR activities to providing health care to those living in and around the location of its offices and are affected by chronic diseases. A chronic condition is a human health condition or disease that is persistent or otherwise long-lasting in its effects. Common chronic diseases include cancer, Alzheimer’s, heart disease, HIV/AIDS etc. Changing lifestyles and food habits have increased the prevalence of these diseases. A report by Price Waterhouse Coopers predicts that the proportion of deaths from such maladies nationwide (in India) will skyrocket from 53% in 2005 to nearly 67% in 2020. For obtaining medical care in such cases people have to often shell out vast amounts towards cost of medicines, hospitalization/surgeries etc and this may be way beyond the means of the poor and deprived strata of our society. To make matters worse, a large segment of people are not covered by medical insurance. Many times such expenses drive families to revert to distress financing which impoverishes them and ultimately drives them to poverty. To make a difference in this context, at least to the society in its neighbourhood, the Company will provide health care support to such persons. The Company believes in the adage that ‘a healthy society is a happier and more productive society and a key driver of economic growth