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CSR Policy

VIZAG HOSPITAL AND CANCER RESEARCH CENTRE PRIVATE LIMITED CSR POLICY

India is the second most populous nation and one of the fastest –growing major economies. The area which is often overlooked is health care and to be more specific, cancer care. Among various diseases, cancer has become a big life threat. As per Indian population census data, the rate of mortality due to cancer in India was high and alarming with about 806000 existing cases by the end of the last century.

Cancer is the second most common disease in India responsible for highest mortality with about 0.3 million deaths per year. One million new cases added every year with a chance of the disease rising five-fold by 2025. As per ‘Boston consulting group’ study, 70-80% of cancer patients are diagnosed late when treatment is less efficient and 60% of them do not have access to quality cancer treatment. ‘Globocan’ report shows that in India, cancers of lung and mouth in men and cervix and breast in women are the biggest killers.

Major challenge India faces, in delivering equitable quality and affordable cancer care to all is a huge challenge. High treatment costs, awareness are the main reasons why cancer care is out of reach for millions of Indians. If detected early, treatment is effective and cheaper.

Access to cancer detection technologies – quality pathology labs, imaging equipment, especially PET/CT or molecular imaging that can detect cancer at least 5years earlier than any other technology needs to be improved. The overall facilities vary widely from metropolitan cities to rural areas where 70% of population lives. Nearly 50% of patients present late for treatment and therefore appropriate education in prevention and early diagnosis are important factors.

Vizag Hospital and Cancer Research Centre Private Limited is a corporate entity committed to serve the people by provision of health care especially in treatment of cancer. As a part of its social responsibility, the Company undertakes a number of CSR activities in larger interest of the community, especially in the area of cancer care health sector. With this background, the Company has constituted a CSR Committee for implementation of CSR activities of the Company.

CSR COMMITTEE

CSR committee of Vizag Cancer Hospital and Research Centre Private Limited consists of the following directors

  1. Dr.V.Muralikrishna
  2. Dr.V.Sita Ramaswamy
  3. Sri A.K.V.Jogi Naidu

CSR POLICY

To start with the following activities are brought under the CSR policy of the Company:

  1. Providing free health care to poor people
  2. Providing basic amenities like food and shelter, free of cost, to the poor people
  3. Providing free accommodation to needy poor people suffering from diseases
  4. Creating awareness on health and hygiene in rural areas etc.,
  5. Continuous Medical Education to health workers, rural medical practitioners etc.

The Company is energetically pursuing its CSR activities. We have been spending more money, time, effort and resources than statutory minimum requirement to be spent towards the said purpose under section 135(1) of the Companies Act, 2013. The Company looks forward to widen the scope of its CSR activities, over the years, to improve its contribution to the Society.