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PNB Housingsets up spice units in Rajasthan for underprivileged women

PNB Housingsets up spice units in Rajasthan for underprivileged women 1

Jaipur,19th January 2022: PNB HousingFinance has announced that it has set up two spice unitsinBaran and Chittorgarhdistricts of Rajasthan toempower women from vulnerable communities and bring socio-economic change in their lives.Collectively, these units provide employment to close to 75 women in these districts.

The launch of the two units is part of PNB Housing’sCSR initiative – Pehel – to support the financial inclusion of women from the weaker sections of society and help them become financially independent and self-reliant.The program covers end to end solution and provides financialsupport from setting plant and machinery, packaging, and marketing expenses and operating expenses.

While the Baran unit produces ginger-garlic paste etc.that is packaged under the brand name ‘Katori’, the Chittorgarh unit at MongaKhera produces three types of spices, namely chilly, coriander and turmeric. The unit will soon add cumin, fenugreek, garam masala, black pepper and fennel to its offerings. Through this initiative, PNB Housing encourages women to form self-help groups (SHGs) and market spice products in and around areas of operation. The marketingrepresentatives, known as ‘Business Sakhis’,are instrumental in building brand awareness and product salesin the rural districts of Rajasthan. In the next quarter, more women Sakhis will be on-boarded across cities and states such as Ajmer, Jaipur, Bharatpur, Agra, Dholpur, Gwalior, Delhi and Noida to expand the business and sale of Katori

PNB Housing Finance Managing Director and CEO Hardayal Prasad said, “We, at PNB Housing Finance, are committed to empower disadvantaged communities, particularly women who shoulder the burden of running a household and earning a livelihood. The spice units at Baran and Chittorgarhaims to provide a steady source of employment and income to these women. We will continue to create opportunities for women in ways that will reduce financial difficulties and ensure a better life for them and their families. Our initiative acknowledges their valuable contribution tothe society that helps them lead a life with dignity”.

The company has been implementing CSR programmes on sanitation, health and education through ‘Pehel’ Foundation, which primarily supports women and children from the lower strata of society. PNB Housing remains steadfast in its mission for nation building and drive meaningful change.

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