Mumbai - ITM-Group has signed an MOU with Kotak Education Foundation, a social initiative for the underprivileged children and youth by Kotak Mahindra Bank.
The main objective of the partnership is to help the underprivileged students by offering the best opportunity possible. ITM on its part will provide the students of KEF with a fully funded scholarship for undergraduate courses at its campuses in Mumbai, Baroda and Raipur. Whereas, KEF will help the bright eligible students of ITM to further their education and in charitable work being undertaken by ITM.
Nitin Putcha, CEO, ITM Group said, "We are honoured with this association with a likeminded company like Kotak and we are hopeful to take all the initiatives that ITM is already doing to ensure that education is accessible for deserving students who could not study further due to lack of money. We are very proud to announce that through this tie up, it is not only quality education that would be provided to deserving students but also an entry to dream job with top companies on successful completion of the chosen Undergraduate Program".
Commenting on the tie-up, Kotak Education Fund representative said, "Education is the pillar of our country and we would like to thank ITM for providing the kids an opportunity that will benefit them as well as our country".
A total number of 13 students have been offered scholarship under this MOU, in various courses like Engineering, BSC-Nursing, BSC-Optometry, Medical Laboratory Technician and Interior Design. In the long run, many more such initiatives will be provided to the underprivileged youth for a better future.
What does the MOU say?
As per the latest KPMG report for NSDC, over 85% of the population had not progressed beyond higher secondary schooling, while a meager 2% of the population are graduates or above. This alarming number states that the need of providing opportunities to the deserving candidates is the need of the hour.
ITM Group of Institution has recognized this need state, and has collaborated with Kotak Education Fund (KEF) which supports children and youth from underprivileged families through different education based interventions so as to empower them and provide employable skills. Some of the sectors in which the scholarships will be offered are-
o B.Sc Nursing
o Hotel Management
o Fashion Designing
Keeping in mind that the private entities are equally responsible and play a pivotal role in catalysing sustainable economic growth that can deliver equitable development for all, ITM has taken this initiative to provide the students of KEF with a fully funded scholarship for undergraduate courses at its campuses in Mumbai, Baroda and Raipur.