RITES and Bill & Melinda Gates Foundation sign MoU to advance health and development priorities, & gender equality in India
Gurugram, 4 August 2022: RITES Ltd., a public sector enterprise and leading transport infrastructure consultan cy and engineering company, has signed a memorandum of understanding (MoU) with the Bill & Melinda Gates F oundation to advance goals on health, development, and gender equality in India, through their Corporate Social Responsibility efforts. The MoU has been signed for a duration of two years.
Officials of RITES Ltd and Bill & Melinda Gates Foundation at the MoU-signing ceremony in New Delhi
The MoU will allow both organizations to collaborate and partner with the central and state governments and o ther not-for-profit and philanthropic organizations to develop strategic, high impact, multi-year programs with outcomes for the most vulnerable. In its first phase, the collaboration will jointly support projects focused on wo men’s economic empowerment and accelerating the adop tion of Ayushman Bharat Health Accounts (ABHA) usi ng digital public goods platforms.
Mr. BP Nayak, Director Finance, RITES Ltd., said, “The MoU reiterates our commitment towards ‘…..Changing Liv es’ by underscoring our CSR initiatives with a purpose-driven motive. We look forward to fostering seamless cooperation and collaboration with the Foundation to build a better future, together.”
About RITES Limited:
RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the trans port consultancy and engineering sector in India, having diversified services and geographical reach. The compa ny has an experience spanning 48 years and undertaken projects in over 55 countries in Asia, Africa, Latin Ame rica, South America, and Middle East region. RITES Limited is an export arm of Indian Railways for providing rol ling stock overseas.