ICICI Bank 2012 Annual Report Download - page 203

Annual Report 2011-2012 P1
Promoting Inclusive Growth
sustainable livelihoods. This will be achieved
through active collaboration with the government
and independent organisations.”
ICICI Foundation believes that in order to
make India’s growth inclusive, it is imperative
that efforts are focused on bringing about
systemic changes for meaningful outcomes and
sustainable impact. Hence its programmes focus
on addressing needs within the public system
and helping to achieve optimum utilisation of
available resources.
The Foundation has also shifted from its
erstwhile predominantly donor-based role to
playing an active role in design, implementation
and evaluation of its programmes/projects. This
ensures timely achievement of pre-determined
milestones and development of a strong connect
with the beneficiaries of the various initiatives.
AREAS OF FOCUS
1. Elementary Education
In order for India’s growth to be sustainable and
inclusive, all children must be able to receive
good quality education and every child should be
integrated into mainstream education. To make
this possible, ICICI Foundation has partnered
with various state governments to improve the
quality of education in government schools.
(i) School and Teacher Education Reform
Programme, Rajasthan
ICICI Foundation has entered into a six-year
partnership with the Government of Rajasthan
for a School and Teacher Education Reform
Programme. It aims at promoting universal
quality education for children between six and
14 years in government schools and enhancing the
institutional capacity of the state education system.
The Foundation’s work supports the Rajasthan
Government’s efforts to comply with the
national education mandates with respect to
BACKGROUND
For over five decades, the ICICI Group has
partnered India in its economic growth and
development. Promoting inclusive growth has
been a priority area for the Group from both a
business and social perspective. We strive to
make a difference to our customers, to society
and to the nation’s development directly through
our products and services, as well as though our
development initiatives and community outreach.
ICICI FOUNDATION FOR INCLUSIVE
GROWTH
ICICI Foundation for Inclusive Growth (ICICI
Foundation) was established by the ICICI Group in
early 2008 to carry forward and build upon its work
in promoting inclusive growth. ICICI Foundation
works primarily with government authorities and
specialised grassroot organisations to support
developmental work in identified focus areas.
It is committed to investing in long-term efforts
to support inclusive growth through effective
interventions. The objective of the Foundation is
articulated in its Mission Statement:
“To empower the poor to participate in and
benefit from the Indian growth process through
integrated action in the fields of primary health,
elementary education, financial inclusion and
ICICI Foundation supports 150 government schools across
three districts in Rajasthan to become Right to Education Act
(RtE) compliant