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CORPORATE SOCIAL RESPONSIBILITY (CSR)

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RACE CONTRIBUTION IN CORPORATE SOCIAL RESPONSIBILITY (CSR) ASSET

Education is a fundamental human right that should be accessible to everyone, regardless of their background or location. In India, access to quality education has been a significant challenge for many years, with many children dropping out of school due to factors such as lack of infrastructure and resources, access to quality education, or family responsibilities.

Statistical reports shows that the Gross Enrollment Ratio (GER) for primary education in India is 99.1%. However, the enrollment rate is lower in rural areas and for children from economically weaker sections. Also, the dropout rates are higher for children from families not having adequate resources.

The government of India has taken various initiatives to improve the education system for children from low-income groups. Some of these initiatives include the Sarva Shiksha Abhiyan, the Mid-Day Meal Scheme, and the National Program for Education of Girls at Elementary Level.

While the government has made significant efforts to improve education for children from low-income groups, there is still a long way to go. More efforts are needed to ensure that children from low-income families have access to quality education and the resources needed to succeed. However, educating these children is crucial for their betterment and empowerment. Also, it will play a crucial role in breaking the cycle of poverty.

By providing quality education to children in rural India, RACE can empower them to pursue their dreams, create opportunities for themselves and their families, and contribute to the growth and development of their communities. Education and skill development can also help to bridge the gap between urban and rural areas and promote inclusive growth. Therefore, it is essential to invest in education and skill development to provide equal opportunities for all children in India to access quality education.

Race also took the initiative to support the children by providing them with any study related tools and resources to help students develop the skills they need for future success.

RACE plays a significant role in supporting scholars in education and encouraging talents. Race is making a positive impact on communities by improving educational outcomes and contributing to the development of the skills and talents of individual children. Additionally, supporting education is also helping Race to build stronger relationships with their partners and investors in the upcoming future.

ASSET PROGRAMME BY RACE

Through ASSET program, Race wants to contribute to society by providing scholarships, internships, and training programs to students, especially those from underprivileged backgrounds. By investing in child education, RACE can help to promote a skilled and educated workforce, reduce poverty, and create sustainable economic growth. Moreover, supporting child education is a critical part of corporate social responsibility. It is our vision to support every person associated with RACE and provide them with a brighter tomorrow which will improve lives and change society for the better, with the power of education and BEING RESPONSIBLE ….

ASSET (ABHAY Sponsorship on Skill Development & Education for Tomorrow) is an initiative taken up by Race to support and enrich the livelihood of each person associated with waste management. Race is helping children in getting education and encouraging talents by providing them with the support they need to fulfil their dreams and aspirations. ASSET will not only help to improve the educational outcomes of children but also contribute towards building a more equitable and inclusive society.

Corporate Social Responsibility by Race

Benefits Of ASSET :

Poverty Reduction

ASSET will help in poverty reduction as lack of education leads to poverty in our society. But, if an individual is educated, poverty can also be reduced or removed.

Promotes Equality

Proper utilization of the right to equality and empowerment can be achieved just because of education. When people are educated enough, they can make their own choices and decisions.

Crime Reduction

As ASSET will help in children’s education, which will transform them into responsible citizens. It will teach them to differentiate between right and wrong. Being educated and possessing values like sympathy, love, care, and empathy will ultimately reduce crimes

Healthier Environment

Environmental factors like pollution, climate change, deforestation, mining, and many more are major concerns nowadays. educated individuals, by putting their knowledge in practical situations or workplaces, will help to lead a sustainable life.

Economic Growth

Education leads to increased productivity, thereby increasing the income rate and reducing the unemployment rate. This helps in increasing the rate of economic growth and stability.

ASSET Program will work in 4 domains to support education to all the deserving children, empowering them to have a better & healthy future:

E2E (Educate to Empower) 🪴

Education is of utmost importance as it empowers individuals to lead a meaningful and fulfilling life while also contributing to the development of society. Education equips individuals with the necessary knowledge, skills, and values to navigate the world, make informed decisions, and solve problems effectively. It is through education that people acquire critical thinking, creativity, communication, and collaboration skills that are vital for personal and professional growth. Moreover, education promotes social and cultural awareness, encourages tolerance, and promotes diversity, helping to build a more inclusive and cohesive society. Education also plays a crucial role in advancing science, technology, and innovation, which are essential for economic growth and progress. Finally, education is a fundamental human right that should be accessible to all, regardless of their gender, ethnicity, religion, or socio-economic status.

S3 (Starlight Starship Scholars) 🪴

The Starlight Starship Scholars program is a financial assistance initiative that provides funds to support students in their academic pursuits. It will be awarded to students who demonstrate outstanding academic achievement, leadership potential, or other exceptional qualities. The goal of scholarship programs is to make education more accessible to deserving students who might not otherwise have the financial means to pursue higher education. By providing financial support to students, scholarship programs help to reduce the burden of student debt, promote educational attainment, and support the development of skilled and talented individuals who can contribute to the betterment of society. Through ASSET, RACE will be providing support and resources to the students to aspire to learn and grow so that they can make their future in different fields of study (eg: Robotics/Aeronautics).

TTPP (Turning Talent to Profession Program) 🪴

Turning talent into a profession involves leveraging one’s natural abilities and interests to pursue a career that aligns with their passions and strengths. It requires identifying and developing the skills and knowledge required to excel in a particular field or industry. This process involves self-reflection, career exploration, and skill-building, often through education and training. By turning their talent into a profession, individuals can pursue careers that are fulfilling and rewarding, and that enable them to make meaningful contributions to society.
TTPP will help children aged between 10-17 yrs., in extracurricular activities like sports, music, dance, art etc. RACE will encourage children to pursue their talent and help them to get all the necessary training and resources to grow and excel.

Empowering Households 🪴

Education is of utmost importance as it empowers individuals to lead a meaningful and fulfilling life while also contributing to the development of society. Education equips individuals with the necessary knowledge, skills, and values to navigate the world, make informed decisions, and solve problems effectively. It is through education that people acquire critical thinking, creativity, communication, and collaboration skills that are vital for personal and professional growth. Moreover, education promotes social and cultural awareness, encourages tolerance, and promotes diversity, helping to build a more inclusive and cohesive society. Education also plays a crucial role in advancing science, technology, and innovation, which are essential for economic growth and progress. Finally, education is a fundamental human right that should be accessible to all, regardless of their gender, ethnicity, religion, or socio-economic status.