ICICI Bank 2016 Annual Report Download - page 22

Annual Report 2015-201620
Promoting Inclusive Growth
ICICI Foundation for Inclusive Growth
ICICI Foundation for Inclusive Growth (ICICI Foundation)
was set up in early 2008 to build upon the ICICI Group’s
legacy of promoting inclusive growth. It works on high-
impact projects that are sustainable and scalable in four
key areas: skill development and sustainable livelihood,
financial inclusion, elementary education and primary
healthcare.
FOCUS AREAS
1. Skill Development & Sustainable Livelihood
In fiscal 2016, ICICI Foundation significantly enhanced the
outreach of the ICICI Academy for Skills. ICICI Academy
provides vocational training to youth from economically
weaker sections to help them earn a sustainable livelihood.
During the year, 11 new centres were opened with the
most recent centre opened in Mumbai. In addition, ICICI
Foundation further strengthened its activities under the
Rural Self Employment Training Institutes (RSETIs) in
Udaipur and Jodhpur districts of Rajasthan. During fiscal
2016, over 40,000 youth were trained through these
initiatives.
Shri Devendra Fadnavis, Hon’ble Chief Minister of
Maharashtra with Ms. Chanda Kochhar, MD & CEO, ICICI Bank
Ltd, at Mumbai centre inauguration of ICICI Academy
(i) ICICI Academy for Skills
As of March 31, 2016, ICICI Academy for Skills had 22
centres, including 10 centres exclusively for women. The
centres provide underprivileged youth with vocational
training of 12-weeks duration on pro bono basis. These
programmes enable the youth to earn a sustainable
livelihood. The centres exclusively for women are located
in Bhubaneswar, Cochin, Lucknow, Kolkata, Mysore,
Nagpur, New Delhi, Trichy, Vijayawada and Zirakpur.
These centres offer courses in retail sales and office
administration.
In fiscal 2016, ICICI Academy entered into a partnership
with the Government of Madhya Pradesh to operate a
vocational training centre at Indore. ICICI Foundation also
entered into a Memorandum of Understanding with the
Government of Maharashtra in fiscal 2016. Under this
MoU, the state government will collaborate with ICICI
Foundation to identify underprivileged youth to facilitate
skill training.
Central air conditioning course at ICICI Academy
ICICI Academy added four new courses in fiscal 2016,
namely: tractor mechanic, lab assistant at diagnostic
centres, two & three wheeler service technician and retail
sales. With these additions, ICICI Academy now offers
training in 13 courses. It also provides training in soft skills
like communication, etiquette & grooming and financial
literacy, to help the youth adapt to an organised work
environment.
Knowledge partners, who are leaders in their industry,
guide ICICI Academy to develop curriculum and content,
design laboratories and train the trainers. This helps to
ensure the courses are industry relevant. ICICI Academy
has tied up with over 800 industry partners to provide
employment opportunities to the trained youth.
ICICI Bank and ICICI Foundation launched #GiftALivelihood,
a referral programme for tapping deserving candidates for
ICICI Academy through the website www.giftalivelihood.
com.