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EARly times report
Srinagar, Jan 25: Army on Tuesday signed an MoU with Indrani Balan Foundation for financial sustainability of five schools run by it in Kashmir which will entail a support of over three crore rupees per year for the next five years, and help ramp up the infrastructure and run the educational institutions better. This is the second MoU between the Army's 15 Corps or the Chinar Corps with Indrani Balan Foundation after the first one last year. The MoU was signed for financial sustainability of additional four Army Goodwill Schools (AGSs) at Baraub, Dawar, Balapur and Behibagh in Kupwara, Shopian and Kulgam districts and the Army Goodwill Public School (AGPS) in Pahalgam area of south Kashmir's Anantnag district. The event was presided over by GoC Chinar Corps, Lt Gen DP Pandey, along with Punit Balan and Jahanvi Dhariwal of Indrani Balan Foundation.
Speaking on the occasion, GoC Chinar Corps said Indrani Balan Foundation, a welfare foundation, is active in a variety of philanthropic work across India. The foundation under Punit Balan has vast experience of social work in fields of education, health and sports, which will contribute immensely in improving quality of education as well as self-sustainability of these schools in future.
Last year, Chinar Corps had signed a similar MoU with Indrani Balan Foundation for financial sustainability of five AGSs of Uri, Wayne, Trehgam and Hajinan in Baramulla and Kupwara Districts for five years.
In addition, the Foundation had built a new infrastructure for Pariwar School Society for Specially-abled children of Baramulla.
This year, the MoU focuses on the four Army Goodwill Schools (AGSs) and Army Goodwill Public School (AGPS) and will entail financial support of Rs 3,28,00,000 per year for the next five years, he said.
The Chinar Corps currently runs 28 Army Goodwill Schools in Kashmir, which educates more than 10,000 students each year. Over one lakh students have passed out from these institutions. This initiative of Indrani Balan Foundation will be a great example for other corporates to come forward and contribute in building prosperous Kashmir, the GoC said. Lt Gen Pandey said the shared vision of the future is the guiding force to rebuild a progressive Kashmir. He complimented Balan for his vision, foresight and initiative to invest in nation building as a social responsibility.
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