₹5,000 crore towards several CSR initiatives over five years focused on skill development, an announcement that saw the coming together of the larger Bajaj family. It unveiled ‘Bajaj Beyond’—an identity for the group’s social impact programmes.
It has set a target to skill 20 million Indians in this period. While its group companies like Bajaj Auto, Bajaj Finserv and Bajaj Electricals have been engaged in CSR activities, Friday's announcement puts their diverse social impact initiatives under one umbrella with a specific focus on skilling people.
Apart from the Bajaj Auto MD, other members present at the announcement included Sanjiv Bajaj, chairman and managing director of Bajaj Finserv; Shekhar Bajaj, chairman and managing director of Bajaj Electricals; Niraj Bajaj, chairman of Bajaj Auto; and Madhur Bajaj, former vice-chairman of Bajaj Auto. “In the last 10 years alone, the Bajaj Group has contributed close to ₹4,000 crore towards CSR initiatives largely focused on skilling and education, health, livelihood, water conservation, and several other areas of development," the group said in a statement.
For instance, Bajaj Auto launched the Bajaj Engineering Skills Training (BEST) programme in 2023, aiming to enhance the skills of engineering and diploma graduates in the latest technologies. The programme has inaugurated a flagship centre in Pune with 120 students, and Rajiv Bajaj said it is now scaling up with a plan to establish 15 centres across India.
Meanwhile, Sanjiv Bajaj said the certificate programme in banking, finance and insurance prepares youth for employment in the fast-expanding financial services sector which is currently seeing a shortage of talent. With Bajaj Beyond, said Sanjiv Bajaj, the group wants to
. Read more on livemint.com