PSA Newsletter draft v1.3

Oct-Dec Investing Impact2021 for Vol #01 Issue #01 बहुजन हिताय बहुजन सखु ाय च In this issue Editorial Welfare of the many, the happiness of the many. About Us PSA provides a powerful way to help you skill yourself. Cover Story Up-skilling stainless steel Fabricators, in collaboration with JSL Ltd Milestones Picture CEO of Peerless Skill Academy - Sri Kalyan Debnath, speaking on the occasion of launch of the General Duty Assistant (GDA) training program for local women at Antpur What we achieved so far Ramakrishna Mission. Inspirational Leadership The Editor Speaks Jayanta Roy- the Deputy MD of Bahujana Sukhaya Bahujana Hitaya Cha the Peerless Group Welfare of the many, the happiness of the many Success Story The first sermon that Gautama He emphasized that a realization Case study on one of our students Buddha delivered to his five of “valiant aesthetic force in the - Nourin Parvin. disciples was Dhamma Chakka society\" was essential through Pavattana Sutta meaning “the Mahashakti (divine force). Celebrations turning of the wheel of Dharma” In keeping with the philosophy which was further interpreted as of \"bahujana hitaya-bahujana Peerless Group turns 90 \"bahujana hitaya-bahujana sukhaya\", Peerless, it's group sukhaya\". companies and some of the trusts Major Developments Swami Vivekananda for the and societies formed by the group purpose of providing an aesthetic have invested significantly in Noteworthy development at PSA vision to this aphorism said that initiatives aimed at improving the during FY 2021 till Sep 2021 the Brahman, the enlightened, quality of life of the communities never seeks fruits or happiness for they serve. Peerless Skill Academy Upskilling in stainless steel fabrication, his action but works for the welfare has been promoted as an supported by JSL Ltd. of others. He also observed that a Institution in collaboration with “socio-aesthetic worker” aims to Ramakrishna Math and usher a distinctive change in the Ramakrishna Mission to carry out society to derive the benefit of a skill development activities life of beauty and order. through training and . empowerment thereby enhancing community livelihood.. Reach Us at Cover Story Case Study Upskilling Stainless Nourin Parvin Peerless Skill Academy 1 Chowringhee Square Kolkata Steel Fabricators A student of one of Peerless Skill 700069, India Academy's BFSI courses, and www.peerless-rkm-skills.org At Kolkata, Asansol, Ranchi and how it helped her to grow. Phone: 62917 86778 Jamshedpur. Page 2 email: [email protected] Page 2 Page 1

Oct-Dec 2021 Investing for Impact Vol #01 Issue #01 Cover Story Up-skilling Stainless Steel Fabricators Supported by JSL Ltd and Capital Goods Skill Council Considering Government of Towards facilitating For this purpose a dedicated set India’s Atmanirbhar vision, development of practical and of highly trained staff were stainless steel fabricators are high quality training, JSL Ltd deployed for live demonstrations expected to play a crucial role in has developed flagship stainless and training to the fabricators. infrastructure and building steel showcase vans that travel The first phase of the program projects. Therefore JSL in across the length and breadth of took place during January-March collaboration with Peerless Skill India. These vans have also been 2021, at Kolkata, Asansol, Ranchi Academy has embarked upon recognised and supported by and Jamshedpur. Participants upskill a large number of government bodies like the were provided with safety kit, fabricators and improving overall Ministry of Steel under ‘Ispati helmet, cap, t-shirt and food. quality of fabrication in eastern Irada’ and ‘Skill India’ by India. National Skill Development Stainless steel showcase vans were deployed This program, which is aimed at Corporation (NSDC). for live demonstrations and training to the up-skilling grassroot fabricators This unique upskilling was taken fabricators for the job of a 'Stainless Steel up to inform, educate, and train Fabricator' in the capital goods fabricators in the health, industry, would educate hygiene, ecological, lifecycle fabricators about the features and costing and other benefits of applications of stainless steel and using stainless steel. empower them to earn a better a livelihood. A tale of empowerment The Peerless Group The journey of Nourin Parvin turns 90 A student of Peerless Skill Academy's Jayanta Roy, Deputy BFSI courses, and how it helped her to Managing Director at grow Peerless General Finance & Investment Nourin had lost her father when However , uncertainty continued Company Limited on she was 16. This event left her to stare at her even though she the occasion of the 90th mother, and herself faced with had a college degree. Foundation Day of the an uncertain future. In her quest to get a job, she was Peerless Group However she managed to confronted with the challenges pursue and complete her of how to acquire employability The start of this week (week graduation. skills,the knowledge, ability and starting Oct 26, 2021) is truly practical experience that are special as it begins with our 90th required to bag a job. foundation day at Peerless. In such a confused state of mind, Today, we pay tribute to our Nourin had landed up at founder Shri Radhashyam Roy Peerless Skill Academy, and who had started the Peerless from thereon began her exciting Insurance Co. Ltd. in 1932 to journey out of uncertainty. address the insurance needs of Nourin had enrolled for a BFSI Indians. The resilient foundation training programme. After of the company was built on getting trained at the academy, trust, diligence, mutual respect, Nourin got placed at HDFC and relentless innovation, which Bank as a Sales Executive. She is has helped us expand in several now proud to be an earning other sectors such as real estate, member of her family. hospitality, and healthcare. Over the past nine decades we have Page 2 touched the lives of over 4 crore customers who have put their implicit faith in us.

Oct-Dec 2021 Investing for Impact Vol #01 Issue #01 About Us Peerless, it’s group companies Noteworthy and some of the trusts and Developments Peerless Skill Academy and Ramakrishna societies formed by the group Mission and Ramakrishna Math signed a have invested significantly in On April 14, 2021 we celebrated collaboration MoU on November 30, 2017, initiatives aimed at improving the joy of learning based and PSA then began its journey from the quality of life of the livelihood as we developed in December 16, 2017. Formal inauguration of communities they serve, both at mind, body and spirit, and PSA skill development project was made on the grass-root level as well as by celebrated the bond that we April 14, 2018.. several charity and share with past and present philanthropic activities. members of the Peerless Skill Peerless Skill Academy (PSA) Ramakrishna Mission (RKM), Academy family. We celebrated has been promoted as an one of the most revered that we are blessed with such a institution in collaboration with organisations of the country for wonderful vision of empowering Ramakrishna Mission and their contribution to human young men and women Ramakrishna Math to carry out being, societal upliftment and including the underprivileged by skill development activities community empowerment enhancing their employability through training and through their various activities and entrepreneurship skills while empowerment thereby globally, are also engaged into inculcating holistic values enhancing community vocational training through blended with tradition and livelihood. their centres spread nationwide. modernity. Both these organisations have An MOU was signed with joined together and in Ambuja Neotia at Peerless Skill collaboration would promote Academy Head Office on January skill development focusing on 29, 2021. women empowerment, self A new tailoring training batch sufficiency of the for local women started at Contai underprivileged, upliftment of Ramakrishna Mission on January downtrodden, facilitating 5, 2021 entrepreneurship development, youth engagement, skilling semi educated youth etc through multiple programmes. Upskilling Programme for steel fabricators by Peerless Skill Academy in collaboration with JSL Ltd. How much impact have we created so far? A Quick Snapshot of our Operations 18 Centres | 44 Courses | 92 Trainers | 9464 Hours high. | 6551 Classes | Upskilling programs, digital programs, learning Total students enrolled in skilling & livelihood series programs have yielded results and we could programs crossed the 6000 mark in FY 2021-22. enroll learners, train and certify them. In terms of sectors, the sector that has emerged Upskilling of film & media professionals - young strongly is healthcare, after electronics. More than and experienced - serving and residing in the 700 students in healthcare is testimony of our states of West Bengal and Sikkim was also presence and contribution during COVID times. undertaken through recognition of prior learning Banking, financial services and insurance is (RPL) program supported by the Media & another sector where the numbers are quite Entertainment Skills Council. Page 3

Oct-Dec 2021 Investing for Impact Vol #01 Issue #01 Our students kept learning even throughout the peak lockdown periods owing to Covid 19 pandemic. Our Inspirational Leadership Jayanta Roy- the Deputy MD of the Peerless Group Jayanta Roy is the Deputy MD He also has a social impact-led philanthropic side of the Peerless Group, one of with Pallimangal which makes people self-reliant. the most prominent The academy nurtures the very spirit of the institutions in India having Peerless Group to be an inclusive conglomerate interests in finance, healthcare, having a hands-on connection with the society at insurance, and securities. The large. organization thrives on the Jayanta Roy truly believes that “The Reward of mantra -Bahujana hitaya Authority is the privilege of leadership, not to have bahujana sukhaya cha “to a bigger tent”. He describes his persona as create extraordinary value for Prayataat Manah meaning the devout offering of a customers and transform their striving seeker. lives for the better”. Sri Jayanta Roy Sri Roy has dutifully followed in the footsteps of “The Reward of Authority is his father Padma Shri Sunil Kanti Roy, an the privilege of leadership, industry leader of great repute. He has headed not to have a bigger tent” trade bodies at a very young age which showcases his profound maturity as a gifted - Jayanta Roy visionary. He has been the President of the Indian Chamber of Commerce for a year (2010-2011) and facilitated its future growth through initiatives such as The ICC Insurance Summit, the ICC Mutual Fund Summit, and the ICC Banking Summit. Sri Roy has been key to various unique CSR initiatives under his management. One of the prominent ones is the Peerless Skill Academy envisioned in 2018 under a public charitable trust to empower underprivileged women and young adults by upskilling them with vocational training. . The launch of the General Duty Assistant (GDA) training program for local women at Antpur Ramakrishna Mission. Page 4

Oct-Dec 2021 Investing for Impact Vol #01 Issue #01 A Pictorial Journey Since Our Inception Post COVID-19 and Adapting to the New Normal- A Priority A comprehensive pandemic response plan was set in motion , based on WHO, and union and state government recommendations. We put in place well-defined disaster recovery and business continuity plans at various levels of the organisation. Members of our staff willingly sacrificed their personal comforts to keep the organisation capable and healthy. We turned our homes into offices and classrooms. Team PSA also kept its unwavering focus on striving hard to achieve organisational goals. Our key priorities during the period has been to accelerate product innovations and digital transformation, improve efficiency in operations and customer experiences, reorganising ourselves and repositioning for a post COVID-19 world. We seized opportunities to try other options to reinvent the skilling propositions at PSA. We have identified several projects and programs as sustainable options that are to be taken up parallel to ongoing skilling programs and projects. Page 5

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