Bajaj Finserv collaborates with Sightsavers to bring inclusive education and promote disability rights across four districts in India

October 2022

Bajaj Finserv Limited, the holding company of the financial services businesses of the Bajaj Group, one of India’s oldest and largest conglomerates, joined hands with Sightsavers India to launch the Social Inclusion and Inclusive Education Programmes in Raisen, Khagariya, Kasganj, and Pratapgarh districts of Madhya Pradesh, Bihar, Uttar Pradesh, and Rajasthan, respectively.

As a part of continuous CSR efforts by the group focused on children and youth, Bajaj Allianz General Insurance Company Limited, the general insurance arm of Bajaj Finserv, will be extending their support to ensure quality education is imparted to children with visual impairment and help support people with disabilities.

For visually impaired children, blindness leads them to a cycle of illiteracy, poverty, and social exclusion, making them one of society’s most vulnerable groups. Sightsavers works to create a supportive and enabling environment in communities, families, and schools to assist the comprehensive education for children with visual impairment. Through this association, Bajaj Finserv Limited and Sightsavers will provide support to children who are blind or visually impaired to receive extensive education support while ensuring their inclusion in mainstream education. Children under the age of 5 to 18 years will be supported under this Inclusive Education Programme. Also, 400 children with visual impairment from the four districts will get support and inclusion in mainstream education as part of this programme.

With support from Bajaj Finserv, Sightsavers will also help people with disabilities over the age of 18 gain access to social security benefits and employment opportunities. The aim behind the initiative is social inclusion for persons with disabilities while making sure they receive equal rights and are not subjected to discrimination, particularly in the areas of education, healthcare, and income. By the end of the project, approximately 1,260 people with disabilities will have access to social security programmes, including disability pensions and entitlements like child scholarships, aids and appliances, and housing loans, among other things.

“We are very pleased to support Sightsavers India in their two major projects to promote equality for people with disabilities and visual impairment. Children are an important focus area for our CSR, and more than 100,000 children have benefitted so far through our projects. We are confident that this project will take the children closer to their full potential,” said Ajay Sathe, Group CSR Head, Bajaj Finserv Ltd.

“For Sightsavers India, inclusive education and social inclusion are two of our primary areas of focus, which are being launched in Raisen, Khagaria, Pratapgarh and Kasganj. I’m extremely grateful that Bajaj Finserv joined hands with us in this intervention. This partnership is unquestionably a step forward toward achieving an equal world for people with disabilities,” said Mr RN Mohanty, CEO, Sightsavers India.

 

About Bajaj Finserv Limited

Bajaj Finserv Limited (‘Bajaj Finserv’, ‘BFS’ or ‘the Company’) is a Core Investment Company (CIC) under RBI Regulations 2020 and the holding company for various financial services businesses under the Bajaj Group. Its vision is to provide financial solutions for retail and SME customers through their life cycle – asset acquisition and lifestyle enhancement through financing, asset protection through insurance, family protection through life and health insurance, healthcare needs for the family, savings products, wealth management, retirement planning, and annuities. BFS, through its various businesses, serves crores of customers by providing these solutions. In furtherance of this vision, BFS participates in various businesses through controlling stakes, including,

  • The Financing business through its 52.49% holding in Bajaj Finance Limited (‘BFL’)
  • The protection business, through its 74% holding in two unlisted subsidiaries,
  • Bajaj Allianz General Insurance Company Limited (‘BAGIC’) and
  • Bajaj Allianz Life Insurance Company Limited (‘BALIC’)
  • A digital marketplace of financial services products from loans to insurance, mutual funds, investments, payments, and selected e-commerce through Bajaj Finserv Direct Limited (Finserv Markets)
  • A digital platform for preventive and pre-paid healthcare solutions along with a complete range of financial solutions to support emerging healthcare needs through Bajaj Finserv Health Limited
  • The Mutual Fund and Asset Management businesses through Bajaj Finserv Asset Management Company
  • An investment platform for early and mid-stage venture capital investments and alternate assets through Bajaj Finserv Ventures Limited

Through the subsidiaries of Bajaj Finance Limited, Bajaj Finserv also participates in,

  • Housing and developer finance through Bajaj Housing Finance Limited and
  • Digital broking, equity trading, and wealth management through Bajaj Financial Securities Limited

To know more, visit https://www.bajajfinserv.in