|Sr. No||Name of Bank Account||Account Name||Nature||Branch||Account No.||IFSC code|
|01.||HDFC||NABFOUNDATION||Current Account||BKC, Mumbai||50200054961086||HDFC0009595|
When you think of a ‘broomstick’ there is certain imagery that comes to your mind. This imagery, more often than not, solely relates to the physical and functional attributes of the broom: What is the size of the broom? How long is it? Will it reach the corners of my room during cleaning? Is it easy to hold?
Although necessary, these questions are not sufficient in ensuring that you make the right purchase.
With the rallying cry made by the sustainability movement across the globe, now, more than ever is the time to think about your consumption patterns. There is a need to consider the ‘human angle’ behind the broomstick. There is a need to extend your thinking to consider the following questions- Where does my broomstick come from? who makes it? Is it an ethical production process? Is my broomstick good for the environment?
The state of Meghalaya produces the maximum broom grass in India. Every year, tribal farmers from the region grow or collect broom grass from the wild and sell it to intermediaries at marginal rates. Studies show that due to absence of value addition activities in the region, and lack of awareness and skillsets amongst the tribals, there is steep exploitation of this marginalized group by the intermediaries.
Against this background, NABFOUNDATION, with the support of NABARD, created ‘Basuba Brooms Producer Company Limited,’ a registered company with the Ministry of Corporate Affairs, GOI.
Through this company, interested tribal members from the region are being trained in the production process of brooms on a community basis; bringing ‘broomstick making’ as a complete livelihoods-based activity. It also involves bringing value addition activities such as processing, manufacturing, branding and marketing, at the level of the local tribal community.
Implications of your purchase
Every time you purchase a Basuba Broom, you-
Disclaimer: 100% of your proceeds go directly to Basuba Brooms Producer Company Ltd., a company owned and operated by the tribal farmers of the region. Neither NABARD nor NABFOUNDATION make any profit from the purchase of the brooms.
NABFOUNDATION's annual report for the year 2021-22 provides an in-depth insight into the dedicated efforts behind our ongoing projects and how we facilitated the materialization of the principles of ‘re-’ by continuously re-visiting, re-evaluating, and re-imagining our work.
On 31st August 2022, NABFOUNDATION celebrated its 3rd Foundation Day. On the occasion, NABFOUNDATION released a vibrant corporate brochure titled 'NABFOUNDATION so far.'
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On the occasion of International Women's Day, this small booklet was launched as an ode to all the women beneficiaries covered under NABFOUNDATION's projects. #BreakTheBias.
On the occasion of International Day of the Girl Child, 11 th October 2021, NABFOUNDATION has launched a pan-India video making competition for girls between the age group of 13-18 years.
This brochure provides an insight into ‘why’ and ‘how’ NABFOUNDATION came into being, and highlights its scope and area of work. Additionally, the brochure elaborates on the on-going and up-coming projects of NABFOUNDATION.
NABFOUNDATION’s annual report for the year 2020-21 covers the dynamic work undertaken by NABFOUNDATION throughout the year. It also encapsulates the major happenings in the development sector and some thought-provoking pieces by the leaders in the development space.
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This report covers the third party evaluation of project ‘My Pad | My Right’ (MPMR) using a sample of 5 districts. It elaborates on the areas of improvement and the milestones achieved under Phase-1 of MPMR.
NABFOUNDATION’s annual report for the year 2019-20 entails the vision and mission behind NABFOUNDATION’s formulation, and elaborates on the conceptualization and implementation of several projects.
This e-Brochure summarizes all discussions from the webinar on 22nd June, 2020, which saw the involvement of top CSR and CSO units in the country