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Submitted by
Ausesh Kumar Mitra
Roll no.-14
from a centrally located water-tank in the Refinery complex and about 5,000
households have benefited from this scheme.
8. IndianOil Foundation (IOF) IOF, a non-profit Trust, was founded to protect,
preserve and promote national heritage in collaboration with Archaeological
Survey of India (ASI) and National Culture Fund (NCF) of the Government of India.
In the first phase, the following six sites have been identified for preservation
restoration and conservation of monuments and to develop tourist friendly
facilities in the monument complex:
1) Sun Temple at Konark, Odisha
2) Vaishali, Bihar
3) Khajuraho, Madhya Pradesh
4) Warangal Fort, Andhra Pradesh
5) Bhoganandeeshwara temple, Chikkaballapur district, Karnataka
6) Daulatabad Fort, Aurangabad, Maharashtra.
At present, work for development of tourist friendly facilities viz. cafeteria,
landscaping, parking, toilets, souvenir shops, information centre, pathways, etc.
at Sun Temple at Konark (Odisha) and Khajuraho (MP) are in progress. The
development plans for other monuments are in various stages of planning. IOF
has constructed Swatantra Jyoti (Eternal Flame) in the Cellular Jail Complex, Port
Blair in memory of freedom fighters, who were incarcerated there.
Analysis
The above CSR initiatives can be seen in the light of 4 frameworks:1.
2.
3.
4.
Ethical
Philanthropic
Economical
Legal
The above initiatives are all legal and Ethical. The initiatives taken place are
basically services which are for the development of society as well as the people.
The services are medical services and providing hospitals for the public. Also the
number of patients treated is the justification of the philanthropic cause of the
company. The supply of water, the various schemes that have been initiated for
students who are interested in sports and who have been excelling in sports.
They have entered a totally new dimension where they are nurturing the future
sports people of the country. In other words the students being funded today can
be the future sports star of the country. Also education is also a priority for the
company where it is funding the students for the same cause.
But the major initiative would be rebuilding the historical monuments of the
country. It is currently re furbishing the above mentioned monuments to attract
tourists thus improving the economical condition of the respective states and the