~ Initiative to promote safe and healthy environment for families of labourers ~

Bangalore : Continuing with the vision to nurture a safe, happy and healthy environment for the families of construction workers, PNB Housing Finance has adopted seven day-care centres for children of labourers in Bangalore.

These day-care centres, which have been established in association with Mobile Creches, are located at the construction sites of Tata Aqulia Heights, Prestige Falcon City, Prestige Fern Galaxy, Hombale Constructions, Suncity Ibluru, RMZ Eco world, and Keerthi Royal Palms. The Tata Aquila project site has two centres because of higher number of children.

PNB Housing team visited these day-care centres on October 12 and 13 to celebrate Diwali with the families of construction workers, and bring festive cheer to their children. In March 2017, PNB Housing established similar day-care centres at seven construction sites in Hyderabad to promote education, nutrition and development needs of children living in the vicinity of the construction sites.

Discussing the community initiative, PNB Housing Managing Director, Sanjaya Gupta said, “The children of construction workers are raised in appalling conditions with little or no access to clean drinking water, healthcare or education. By setting up day-care centres near project sites, we hope to contribute to their development and wellbeing, and inspire others to take up similar initiatives. The welfare of construction workers and their families is critical to the growth and success of the construction industry, which is a major cog in our economy.”

Ms. Sumitra Mishra, Executive Director, Mobile Creches said, “For both Mobile Creches and PNB Housing Finance Ltd, the workers of the construction industry, mostly migrant workers, is a priority. MC ensures that young children at construction sites have regular, full day access to creche and daycare facilities within the construction sites. This ensures balanced nutrition, regular health check-ups, early learning support to all children in a caring, protective and nurturing environment. Seeing their young children being looked after by trained workers, frees the mothers to put in full time and focus in their work, reducing chances of them being absent from work. Our partnership with PNB Housing Finance, the Developers and local NGO partners in Bangalore, has been a win-win model for everyone, mainly children, construction workers and the Bangalore based Developers. A successful pilot supported by PNB Housing Finance has now led to replicating the model across seven daycare centres at prestigious project sites of leading developers of Bangalore.”

PNB Housing Finance Limited (NSE: PNBHOUSING, BSE: 540173) is promoted by Punjab National Bank and is a registered Housing Finance Company with National Housing Bank (NHB). The Company got listed on the Indian stock exchanges on 7th November, 2016. The Company offer its retail customers “housing and non-housing loans”. The Company is also into construction finance loans to real estate developers for residential housing. PNB Housing Finance is a deposit taking Housing Finance Company.

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