Peripheral Development and C S R

O M C is committed to fulfill its obligation under Corporate Social Responsibility (CSR). In addition to undertaking development works in the vicinity of OMC Mines, large amounts of funds have also been placed with various district administration authorities for developmental activities in the concerned districts.

Over the last five years, OMC has also contributed about Rs.154 crores to the Chief Minister’s Relief Fund. Furthermore, OMC has contributed Rs.5 crores to Odisha Environment Management Fund to fulfill its commitment towards a ‘Clean and Green Environment’ and Rs 20 Crore to State Project Director, Odisha Madhyamika Shikshya Mission, Bhubaneswar towards construction of 5 nos. Model Schools.

OMC has formulated and adopted a POLICY ON CORPORATE SOCIAL RESPONSIBILITY wherein 2% of the average net profit of last three years is set aside for CSR activities.

Detailed information regarding expenditure incurred under CSR activities in the last 3 years is given below.

OMC is the largest State Govt. owned PSU engaged in Mining Sector in India. OMC is committed to environment friendly mining.

OMC has planted saplings through State Forest Department at the rate of 1 tree for every 10 MT of ore extracted in the periphery of the mining leases located in the district of Sundargarh, Keonjhar, Jajpur & Kalahandi , Rayagada and Koprut District of Odisha.

OMC has adopted 5 villages annually from the financial year 2015-16 to provide among others the following basic entitlements: drinking water through pipes, electricity, sanitation (IHLs), internal roads/drains, plantation in the village and pucca houses.
 

Amount has been spent During last three years under CSR ( Rs in Lakh)

Area 

2014-15 2015-16 2016-17
Bangur (Keonjar District)  7.37 7.1 0
Iron /BPJ and others of Barbil region mines Keonjhar District) 35.88 53.15 71.86
Iron / Daitari ( Keonjhar District) 35.88 21.12 397.83
Chromites / South Kaliapani / Sukarangi ( Jajpur District) 109.04 246.54 370.07
Iron & Manganese /Kumritar ( Sundargarh District) 27.11 188.75 281.28
Iron / Gandhamardan ( Keonjhar District) 386.92 560.56 826.68
Langigragh ML ( Rayagada and Kalahandi District)   51.905 83.33
Kodingamali ML (Koraput and Rayagada District)   119.5 142.14
Karlapat ML ( Kalahandi District)   114.95  
Mining Districts and other 1085.48 3087.405 734.47

(*) CSR Sub Total

1687.68 4450.98 2907.66


 

Amount has been spent During last four years under PD and CMRF ( Rs in Lakh)

 

Area 

2014-15 2015-16 2016-17 2017-18
(Up to 30.09.2017)
Details Expenditure towords
 CSR/PD/DONATION
CSR 1687.68 4450.98 2907.66 909.41
Donation to Chief Minister Relief Fund 0 0 3008 7,000
Periphery development Expenditure 0 0 367 146.08

(*) Total

1687.68 4450.98 6282.66 8,055.49