State Bank of India has launched a new initiative - SBI Gram Seva - which aims to adopt at least 500 villages over the next three years. This is under the CSR programme of the Bank.
"SBI Foundation will collaborate with local NGOs and Gram panchayats to bridge the gap between the facilities and services provided by the government and the basic requirements of the locals in the villages," said M K Rekha, managing director of SBI Foundation.
The main area covered would include health, education, environment, women empowerment, livelihood, skill development and developing infrastructure. The aim is to developing villages through holistic intervention for improvement of infrastructure and basic facilities.
The bank has launched the project in 10 villages in 6 states - Bihar, Jharkhand, Assam, Uttarakhand, Maharashtra UP.
The operational cost is estimated at Rs 2.40 cr over the next three year per village.
