(CSR) is a concept that organizations, especially (but not only) corporations, have an obligation to consider the interests of customers, employees, shareholders, communities, and ecological considerations in all aspects of their operations. This obligation is seen to extend beyond their statutory obligation to comply with legislation.

CSR is closely linked with the principles of Sustainable Development, which argues that enterprises should make decisions based not only on financial factors such as profits or dividends, but also based on the immediate and long-term social and environmental consequences of their activities.

 

Abhilash group is soon planning to come up with a self-entrepreneurship development program named TRANSCEND . In an atmosphere where big business schools are luring students to join them on the basis of good placements and higher salary structures, there seems to be a crisis for entrepreneurs. Our b-schools are encouraging youngsters to get employed in big MNCs for a secure future rather than helping them create employment for themselves and for others. Our B schools are full of academicians some of whom have never set foot into the industry sector. Business management that comes right from practical experience is far more advanced than academic study. Another reason why youngsters are moving towards getting employed is because of the basic attitude that has been instilled in them during their years in schools and colleges. Parents also normally advice children that their future will be secure in some big company or with government job. But, how can one’s future be secure in a business managed by somebody else? Does this mean that the youth is not taught all the business operations and hence are not confident in starting their own business. Abhilash Group’s program is oriented in bringing forth the entrepreneurial qualities of our youth. The first step towards it is creating a blank mind as the impressions of the past are reflected in one’s decision making. One Entrepreneur can bring about a difference in the economy of a village/town.

 

Establishing Water Projects in Slum Areas

When a firm or a company grows in a city, directly or indirectly it owes its success to the people of the city with whose support the company has progressed. It is for this reason that the company owes some kind of social responsibility where they have been engaged in business. Each company has its own way of repayments to the city. Some may sponsor traffic islands, gardens, water coolers, temples, benches on the foot path etc. Where all these forms are widely accepted Abhilash group has identified the most crucial problem of the common man of Visakhapatnam.

Water supply is minimal or nil in various localities of the city. People residing in such places and even children have to carry water from long distances in order to fulfill their daily requirements. Water is the lifeline of human race and all living beings. No one can survive without water. Hence, Abhilash group has decided to fulfill this basic requirement of the people of its hometown by digging at least one bore-well in every locality where people are suffering from lack of water. Since ground water is available in abundance this seems to be the logical way of serving the needs of the people.

 

Abhilash Constructions has also been adopting students for education purpose ,In sense that those students who did well in their academics but are discontinuing their career due to financial constraints are being adopted and funded by the company to pay their tution fees and other necessary expenses to complete their educational course .

As on date , Abhilash Constructions is satting apart Rs.300000 annually , This amount would rationally increase with the growth of the company.