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| Social Policy |  | | Our annual raw material requirements are purchased through our out grower network which amounts to about 10 miillion dollars based on buy-back agreements for their produce at a guaranteed farm-gate price so that the farmers reap the best price for their hard work without intermediary involvement. | | | We conduct free Healthcare program for the Group companies and in our plantation medical facility is extended for their families. In addition, we also conduct Training programs to educate our own farmers in the areas of Organic Agricultural practices, Child Labour, Women rights and Alcoholism in collaboration with Government Departments. | | | Elimination of poverty is another area we are working on and engaged in few projects to help life impoverished, abandoned, uneducated, malnourished, discriminated against, neglected and vulnerable children. | | | At Renuka we believe that visionary entrepreneurship and philanthropy go hand in hand and the group is in the process of setting up "The Renuka Charitable Foundation". The RCF will disperse financial assistance to several institutions or individuals in need, predominantly at grass root levels particular focus on underprivileged marginalized lowest income group. A percentage of income of the Group profit and dividend will add to the income of the RCF and will be administered by the board of Trustees who will program need assessment, resource allocation and grant dispersement. |
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