Sahara India Pariwar Extends Financial Assistance Through Social Security Cover Scheme

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17.07 lakh voters of Pune Lok Sabha constituency are insured with individual accident cover of Rupees One Lakh each

Delhi (I-Newswire) September 23, 2011 - Sahara India Pariwar, a major business conglomerate of India, today under its social welfare programme of ‘Social Security Cover Scheme’ which provides the accidental death cover to the 17.07 lakh voters of Pune Lok Sabha constituency facilitated Mrs. Nalini Sunil Jadhav with Rupees One lakh as financial assistance.

Under the ‘Social Security Cover Scheme’, in the event of accidental death of any resident of Pune district, his/her heir receives Rupees One lakh as financial assistance by Sahara India Pariwar. To obtain financial assistance under this scheme, the deceased should be a voter of Pune Lok Sabha constituency and the heir of the deceased has to inform our organization by submitting an application on a plain paper within 45 days of accidental death to any of the local office of Sahara. The other essential documents like Postmortem Report, FIR and Death Certificate, etc can be submitted later. This scheme was one of the four welfare schemes for the people of Pune which were announced by Shri Subrata Roy Sahara, ‘Saharasri’, Managing Worker and Chairman, Sahara India Pariwar. Besides Pune, Sahara is already providing financial assistance to the family of the deceased in case of an accidental death for the residents of Lucknow and Gorakhpur.

On the occasion Shri A.K Dutta, Advisor - Sahara City Homes, Pune said “We cannot compensate the lives that have been lost but we can at least extend our emotional support through financial assistance, to the family of the deceased. Sahara India Pariwar assures the residents of Pune that in their joys and sorrows Sahara India Pariwar is and will always be with them.”

Sahara, under its other three welfare schemes for the people of Pune is already running 9 Mobile Healthcare Unit Vans and providing public health services to 72 villages of 6 Blocks and urban slums of Pune District. Each of these MHU vans has a qualified doctor and is equipped with primary health equipments.

Sahara is also inviting application forms for the academic year 2011 – 2012 under the Scholarship Scheme for the Meritorious Students of Low Income Group of Pune district. This scheme will provide financial assistance to 300 students at the graduation level who will be selected on the basis of their academic record and each student will be provided Rs. 750 per month as scholarship. At the post graduation level, 200 students will be selected on their merit and each such student will be provided a monthly scholarship of Rs 1500. In all, 500 meritorious students of Pune will benefit under this scholarship scheme. Last date for the submission of application form for the scholarship scheme is 15th October 2011 and it can be obtained from the website: www.saharawelfarefoundation.com.

As a part of yet another welfare scheme ‘Budding Sportsperson Scholarship’ Sahara will provide financial support to the budding sportspersons of Pune District. Under the scheme, sportspersons playing at the state level will be given Rs 5000 per month, those playing at the National level will be given Rs. 10000 per month and those playing at the International level will be given Rs. 20,000/- per month. The sportsperson can avail the financial support by sending their application after validation from their respective sports authorities.

Notes to the Editor
Sahara India Pariwar is a major business conglomerate in India with operations in multiple sectors, including financial services, housing finance, mutual funds, life insurance, city development, real estate activities, print and television media, film production, sports, information technology, healthcare, tourism, hospitality, commodity sales & services and consumer products.

Sahara India Pariwar has always been prompt in its services towards the nation and its nationals who have sacrificed their lives at the altar of nationalism. Sahara India Pariwar’s commitment to Social Welfare is evident from the fact that 25% of its profits every year are dedicated towards social development activities. In fact, it’s the firm conviction of the Chief Guardian of Sahara India Pariwar, Hon’ble Saharasri, Subrata Roy Sahara that every organization, along with its own development and progress should also contribute towards the cause of the society and the nation at large.

Sahara also works on various Health programmes, including Mobile Healthcare Units, under which 49 medical vans across the country are running 30 days a month, throughout the year, taking free primary healthcare services to the remotest rural areas where medical services do not exist. Besides this, Sahara also works on various programs on Nutrition, Literacy, Vocational Training, Civic Development, Behavioral Change, Communication and Rehabilitation of the Physically Challenged People.

Under its Disaster Management initiatives, Sahara has always stood up in the need of the hour of the country, be it super cyclone of Orissa, earthquake in Gujarat, drought in Rajasthan or floods in the state of Uttar Pradesh and Bihar. Sahara has adopted Bhimasar-Chakasar village in Taluka Anjar, District Kutch for relocation, rehabilitation and reconstruction of the village along with basic amenities, panchayat ghar, bus stop, post office, play ground, primary and secondary school and street lights. When the devastating earthquake hit Latur district of Maharashtra, Sahara India Pariwar came forward to rehabilitate the earthquake stricken citizens of the region and also developed a cluster of earthquake houses in Killari Village in Latur, The houses were handed over to the villagers by Reverend Mother Teresa.

Sahara is also providing monthly f0069nancial assistance is also provided to the families of the Martyrs of the Mumbai Nov '08 terror attack, Dantewada Massacre and to the families of Kargil War Martyrs.





About Sahara India Pariwar:
Sahara Prime City Limited proposes, subject to receipt of requisite approvals, market conditions and other considerations, to make an initial public offer of its equity shares and has filed a draft red herring prospectus (“DRHP”) with the Securities and Exchange Board of India (“SEBI”). The DRHP is available on the website of the SEBI at www.sebi.gov.in as well as on the websites of the global coordinators and book running lead managers at www.enam.com, www.jmfinancial.com, and on the websites of the book running lead managers at www.edelcap.com, www.idbicapital.com, www.daiwasmbc.asia/india/capitalmarketissues and www.kmcc.co.in. Investors should note that investment in equity shares involves a high degree of risk and for details relating to the same, see the section titled “Risk Factors” of the aforementioned offer document. This press release is restricted and is not for publication or distribution in or into the United States, Australia, Canada or Japan. This press release is not an offer for sale within the United States of any equity shares or any other security of Sahara Prime City Limited. The securities of Sahara Prime City Limited have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “U.S. Securities Act”), and may not be offered or sold in the United States absent registration under the U.S. Securities Act or an exemption from such registration. There will be no public offering of any equity shares or any other security of Sahara Prime City Limited in the United States

Company Contact Information
Sahara India Pariwar
Ghulam Zeeshan
Off.: B-5, MIDC, Station Road
431005
Phone : 0522-2304230




Society > Social Services

Subrata roy   sahara india pariwar   Social Security Cover Scheme   sahara welfare foundation  

September 23, 2011

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