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About Us-A Brief Introduction
“Subhalaxmi Bahumukhee Mahila Samabaya Samiti Limited” a women institution commonly known as Subhalaxmi Cooperative, has emerged as a model community-based organization in Jharsuguda district of Odisha. A member owned & managed women institution is designed to create a landmark for the underprivileged people of the locality in uplifting their socio-economic conditions and to ensure livelihood security of their family.

With an aim to provide quality livelihood and financial services to the families of Plant periphery, this community-based institution had been set up in 2008 under the aegis of “Vedanta Integrated Jana Jeevika Yojana” (a livelihood initiative taken up by Vedanta Limited with the technical support of a national level agency).

Since then, the member-owned, member-managed & member-controlled women cooperative has been extending sustainable livelihood solutions to its members through quality financial and business development services. Training and capacity building for skill enhancement of women on farm & non-farm is being given to its members. Subhalaxmi has gained huge recognition and support among its members, government departments and private institutions of the region due to its quality service delivery system.

The core of Subhalaxmi Cooperative’s services delivery has four basic components: Capacity Building & Livelihood Promotion, Financial services (saving & credit), Social development and collaboration & partnership.

Over a period, of time, this community institution has achieved its significant achievement. The project has a wider scope of scaling up & replication in other areas as it has been 10 demonstrated, successfully at Vedanta Limited Jharsuguda. Hence, Vedanta has initiated “Project Subhalaxmi Udyogini” and onboarded EDII (a national level agency) to scale up this project from 4100 to 10,000 membership base in next 3 years. Targeting to cover around 70% of members of total membership base, who will be engaged through various entrepreneurship development program and enterprises (farm & non-farm sector). Aiming to enhance income by 50% from the current level.

     
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