RITES and Bill & Melinda Gates Foundation sign MoU

The MoU will allow both organizations to collaborate and partner with the central and state governments and other not-for-profit and philanthropic organizations.

RITES and Bill & Melinda Gates Foundation sign MoU
RITES and Bill & Melinda Gates Foundation sign MoU

Gurugram: RITES Ltd., a public sector enterprise and leading transport infrastructure consultancy and engineering company, has signed a memorandum of understanding (MoU) with the Bill & Melinda Gates Foundation to advance goals on health, development, and gender equality in India, through their Corporate Social Responsibility efforts. The MoU has been signed for a duration of two years.

The MoU will allow both organizations to collaborate and partner with the central and state governments and other not-for-profit and philanthropic organizations to develop strategic, high impact, multi-year programs with outcomes for the most vulnerable. 

In its first phase, the collaboration will jointly support projects focused on women’s economic empowerment and accelerating the adoption of Ayushman Bharat Health Accounts (ABHA) using digital public goods platforms.

Mr. BP Nayak, Director Finance, RITES Ltd., said, “The MoU reiterates our commitment towards ‘…..Changing Lives’ by underscoring our CSR initiatives with a purpose-driven motive. We look forward to fostering seamless cooperation and collaboration with the Foundation to build a better future, together.”

 About RITES Limited:

RITES Limited is a Miniratna (Category – I) Schedule ‘A’ Public Sector Enterprise and a leading player in the transport consultancy and engineering sector in India, having diversified services and geographical reach. 

The company has an experience spanning 48 years and undertaken projects in over 55 countries in Asia, Africa, Latin America, South America, and Middle East region. RITES Limited is an export arm of Indian Railways for providing rolling stock overseas.