Tuesday, 29 Sep 2026 Breaking: French Higher Education Minister Philippe Baptiste visits ILBS, supports InFLiMeN’s Indo-French research vision
BREAKING: Apple launches AI platform | Tesla earnings beat estimates | Nvidia stock surges | Bitcoin crosses major resistance
Business

Axis Bank to build 57 weather-resistant shelters in Mandi to support disaster-hit families

Axis Bank to build 57 weather-resistant shelters in Mandi to support disaster-hit families

Shimla (Himachal Pradesh) [India] November 11 (ANI) In a significant corporate social responsibility (CSR) initiative, Axis Bank has extended its support to the disaster-affected Mandi district of Himachal Pradesh by committing to construct 57 weather-resistant shelters for displaced families.

The announcement was made during a meeting between Axis Bank North Zone Head Abhishek Parashar, State Head Varun Sharma, and Chief Minister Thakur Sukhvinder Singh Sukhu at his official residence, Oak Over, on Tuesday.
The initiative focuses primarily on the Seraj Assembly segment, one of the worst-affected regions during the recent natural calamities. Each shelter will be equipped with heat insulation, PCC flooring, kitchen slabs, and basic electrical fittings, ensuring safe and dignified living conditions for those who lost their homes.
In addition to housing support, Axis Bank will also install 15 community toilet units, each serving three to six families. These units will include water tanks, stainless steel sinks, and CPVC pipe fittings to maintain hygiene and sanitation in the affected areas.
The bank has also pledged assistance in logistics and administrative coordination, including beneficiary identification, vendor onboarding, supervision, and impact assessment, to ensure smooth and transparent implementation of the project.
Special focus will be given to vulnerable groups such as the elderly, children, and persons with disabilities. The shelters are designed not only for immediate rehabilitation but also for long-term resilience, being reusable in future emergencies.
Chief Minister Sukhvinder Singh Sukhu expressed his gratitude to Axis Bank for its humanitarian contribution, emphasizing that such initiatives play a crucial role in helping disaster-hit families rebuild their lives. "This noble effort will go a long way in providing relief and comfort to those affected, while also strengthening the state's disaster preparedness," the Chief Minister said.
Earlier, the Chief Minister distributed Rs. 81.28 crore to 4,914 beneficiaries through Direct Benefit Transfer (DBT) during a function held at Paddal Ground, Mandi.
During the event, a total of 1,513 beneficiaries whose houses were completely damaged received the first installment of Rs. 4 lakh each out of Rs. 7 lakh. Among them, 781 beneficiaries are from Mandi district, 631 from Kullu and 101 from Bilaspur. Additionally, 3,401 beneficiaries whose houses were partially damaged received Rs. 1 lakh each, including 1,547 from Mandi, 1,541 from Kullu and 313 from Bilaspur District. (ANI)

Tags

Related News

SEBI rejects charge of minimum public shareholding violation by Adani Group companies
Business
SEBI rejects charge of minimum public shareholding violation by Adani Group companies

<p>New Delhi [India], September 29 (ANI): Markets regulator Securities and Exchange Board of India (SEBI) on Monday rule...

Meta launches Enterprise Platform; appoints Chirantan Desai to lead division
Business
Meta launches Enterprise Platform; appoints Chirantan Desai to lead division

<p>New Delhi [India], September 28 (ANI): Meta launched Enterprise Platform with Chirantan “CJ” Desai as Chief Enterpris...

Reliance Jio leads mobile subscriber additions, adds 24 lakh users in August: TRAI data
Business
Reliance Jio leads mobile subscriber additions, adds 24 lakh users in August: TRAI data

<p>New Delhi [India], September 28 (ANI): Reliance Jio led India's telecom operators in mobile subscriber additions in A...

Piyush Goyal to visit United States for G20 trade ministers’ meeting from September 29
Business
Piyush Goyal to visit United States for G20 trade ministers’ meeting from September 29

<p>New Delhi [India], September 28 (ANI): Union Minister of Commerce and Industry Piyush Goyal will visit the United Sta...

India Energy Week 2027 expected to scale up further, 17,000 sq m already booked: Hardeep Puri
Business
India Energy Week 2027 expected to scale up further, 17,000 sq m already booked: Hardeep Puri

<p>Kolkata (West Bengal) [India], September 28 (ANI): India Energy Week (IEW) 2027 is expected to be bigger in scale, wi...

Navrachana University Inaugurates the "Lord Bhikhu Parekh Study" at NUV Library
Business
Navrachana University Inaugurates the "Lord Bhikhu Parekh Study" at NUV Library

<p>VMPL<br/>Vadodara (Gujarat) [India], September 28: Navrachana University today inaugurated the "Lord Bhikhu Parekh St...