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MVSTF signs MoU with Deutsche Bank for Rural Transformation

Monday, January 08, 2018

Maharashtra Village Social Transformation Foundation (MVSTF), an initiative with a mission to transform 1,000 villages across the state, has signed Memorandum of Understanding (MOU) with Deutsche Bank in a bid to empower and push development in rural part of the state.    

The MoU was signed in the presence of Maharashtra Chief Minister, Devendra Fadnavis. Present at the event were Praveen Pardeshi, ACS to CM, from Deutsche Bank- Ravneet Gill, India CEO, Abhay Laijala, Managing Director & Head, India Equity Research, Ruchi Khemka, Head CSR and Abhishek Puri, Director- India Equity Research. Ramnath Subramaniam, CEO, MVSTF signed the MoUs on behalf of MVSTF.

Speaking at the event CEO Ramnath Subramaniam spoke about the traction and support MVSTF is gaining across these villages from the administration, sarpanches and gramasthas. He highlighted the positive impact of the project and the strategy to implement the transformation program across 1000 villages. MVSTF is targeting to create Model villages which will be demonstrative of convergence of development schemes ably supported by Government and Corporate interventions. He said “VSTF looks forward to participation and support of Deutsche Bank and looks forward to roping in more philanthropists and corporate partners.”

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