~Students felicitated during ‘Arunima 2019’ at Tata Steel Kalinganagar~

Tata Steel has awarded this year’s Jyoti Fellowship to 782 meritorious students from economically-challenged SC/ST families of Odisha as a part of the company’s Affirmative Action policy. For over 30 years, Tata Steel has extended financial support in the form of fellowships to deserving school and college students from SC/ST communities.

The objective of Tata Steel Jyoti Fellowship is to ensure that meritorious students from economically-challenged SC/ST families have the opportunity to continue to pursue their educational goals and fulfil career aspirations. Tata Steel’s Tribal Cultural Society (TCS) identifies deserving candidates from operational areas of the company on a merit-based test process.

Students were felicitated with this fellowship during ‘Arunima,’ the company’s three-day (January 23-25, 2019) event to showcase the progressive journey of its community-based initiatives, at Kalinganagar. This is the third edition of ‘Arunima’ that brought together over 2000 beneficiaries across Bamnipal, Sukinda and Kalinganagar. Mr Krushna Chandra Nayak, District Education Officer, Jajpur, joined as Chief Guest on the occasion and awarded the fellowships to students on January 23, 2019. Of the 782 students awarded Jyoti Fellowship this year, 353 students are from Kalinganagar, 203 from Bamnipal and 226 from Sukinda.

Mr Ambika Prasad Nanda, Head, Corporate Social Responsibility (Odisha), Tata Steel, said: "Jyoti Fellowship provides us an opportunity to inspire students to complete their higher studies and become successful in life. Our effort is to bring social change through education. I urge all students who are present here to not only aspire for a successful career but also to become good citizens of the country."

The cash amount of the fellowship was Rs 3,750 (for Class VIII students), Rs 4,500 (Class IX), Rs 4,500 (Class X), Rs 8,500 (Intermediate), Rs 8,500 (Undergraduate), Rs 10,000 (Diploma) and Rs 25,000 (B. Tech, MBBS etc). Certificates of merit were also given to students till Class X on the occasion.

Along with cash awards, the 16 top performers from Kalinganagar, Sukinda and Bamnipal in the merit test at the school and college level got computer tablets containing NCERT study material of Class VII-XII. The total amount disbursed under the fellowship today was Rs 50.36 lakh among all the students.

In the past five years, a total of 4,195 fellowships worth Rs 2.5 crore have been distributed to students belonging to Kalinganagar, Sukinda and Bamnipal.

Jyoti Fellowship enables students to pursue intermediate, graduation, post-graduation, LLB, B. Ed., Hotel Management or MBA courses. In Odisha, student of Ganjam, Jajpur, Keonjhar and Sundargarh districts benefit from it. Jyoti Fellowships are also offered to students in Jharkhand’s various districts like Purbi Singhbhum, Paschimi Singhbhum, Seraikela-Kharsawan, Dhanbad and Ramgarh.

3,269 students from Jharkhand and Odisha received Jyoti Fellowship during the financial year 2017-2018. Rs 1.9 crore were disbursed through the Jyoti Fellowship.

About Tata Steel                  
Tata Steel Group is among the top global steel companies with an annual crude steel capacity of 27.5 million tonnes per annum (MTPA) as on March 31, 2018. It is one of the world's most geographically-diversified steel producers, with operations and commercial presence across the world. The Group recorded a consolidated turnover of US $20.41 billion (INR 133,016 crore) in FY18. Tata Steel Group is spread across five continents with an employee base of over 65,000.

Tata Steel retained Industry Leader position in FY18 and ranked second overall in the DJSI assessment, 2017. The Company has been recognised as the Climate Disclosure Leader in ‘Steel category’ by CDP (2017). Besides being a member of the World Steel Climate Action Programme, Tata Steel has won several awards including the Prime Minister’s Trophy for the best performing integrated steel plant for 2016-17, Best Risk Management by CNBC TV18 (2018) and ‘Corporate Strategy Award’ by Mint (2018). The Company also received the ‘Most Ethical Company’ award from Ethisphere Institute for the sixth time (2018), Steel Sustainability Champions (2017) by the World Steel Association, Dun & Bradstreet Corporate Awards (2017 & 2018), Golden Peacock HR Excellence Award by Institute of Directors (2017 & 2018) as well as 'Asia's Best Integrated Report' award by the Asia Sustainability Reporting Awards (2017), among several others.

In 2018, the Company launched a corporate brand campaign #WeAlsoMakeTomorrow in India. Know more at www.wealsomaketomorrow.com

For corporate information, visit www.tatasteel.com and follow us on             

Disclaimer
Statements in this press release describing the Company’s performance may be “forward looking statements” within the meaning of applicable securities laws and regulations. Actual results may differ materially from those directly or indirectly expressed, inferred or implied. Important factors that could make a difference to the Company’s operations include, among others, economic conditions affecting demand/ supply and price conditions in the domestic and overseas markets in which the Company operates, changes in or due to the environment, Government regulations, laws, statutes, judicial pronouncements and/ or other incidental factors.