Swati CA

Swati_CA column in The Hindu Business Line

Monday, February 12, 2007

Trade unions and philanthropy: Nothing equals eternal satisfaction

From : <ioboa@cppdnotes.iobnet.co.in>
Subject : TRADE UNION ENGAGED IN PHILANTHROPY

This has reference to your article on 29th January 2007 and 5th Feburary 2007 in Businessline. Many trade unions have been doing philanthropic acts. Indian overseas Bank Officers' Association also believes that as an organised trade union we have to do out bit for the society at large.

Though initially our role remained restrcited to occasional contributions during emergencies/natural calamities in the recent pat we have structured our approach to our duty towards society by suitably amending our bye-laws.

A sum of Rs.10/- per month per member from the member's subscription goes to a separate social fuind. We accumulate Rs.80000/- per meonth approximately and we utilise this fund for social causes.

Some of social projects we have done so far with this fund are:

1) reconstruction of 3 school buildings in cyclone ravaged Orissa (cost Rs.15 lakcs). Our bank supported and enthused us by donationg Rs.2 lakhs for furniture.
2) Construction of a school building for special children at Madurai run by M.S.Chellamuthu Trust and Research Foundation. Our bank nsupported and enthused us by donating van to the Trust.
3) Construction of a school building in fisherfolds hamelt called Kadipatina/Nadipatna in village Padubidri near Udupi (Cost of Rs.10 lakhs). Our bank donated Rs.25,000/- to the school.
4) Installation of 30 Solar lamps in village Kanadukathan, the native place of our bank's Founder M.Ct.Chidambaram Chettiyar (cost of Rs.7 lakhs). Our bank supported and enthused us by contributing to install another 30 solar lamps making the total to 60.
5) Now we are organising free medical camps for Osteoporosis Test and Cancer screening in various centres for our members and public as a port of our 40th year celebrations.
6) Our Kolkatta unit makes yearsly visits to several orphanages on Netaji birthday and distributes old and new cloths with food packets/sweets. This year 100 new mosquitto nets were donated.

A little publicity helps in gaining accptance of the membership for such social activities as public recognition improves their motivation. But nothing equals the eternal satisfaction one gains by doing such social activities.

Regards.
IOBOA
**

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