Kolkata: Malabar Group, the parent company of Malabar Gold & Diamonds, announced its Educational Scholarships for girl students in East for the 2024-2025 academic year.
This year, the scholarship program in India has earmarked a budget of 16 crore to support the education of over 21,000 girl students
In East, 51.26 lakhs have been allocated to benefit more than 165 girls across 5 colleges. Among them, 13.90 lakhs distributed to 165 students of Surah Kanya Vidyalaya, Santoshpur Rishi Aurobinda Balika Vidyapith, Bhowanipore School, Netaji Nagar Day School, Bashanti Devi College.
Speaking about the initiative, MP Ahammed, Chairman, Malabar Group, said, “Education is the most powerful tool to change the world. Our scholarship programme is a direct reflection of Malabar Group’s deep-rooted belief that education unlocks opportunities and transforms lives.”
MP Ahammed added, “We are committed to removing barriers for young girls so they can fulfil their educational aspirations and contribute meaningfully to society.”
Since its inception, Malabar Group has demonstrated a strong commitment to inclusive growth through its social welfare activities. In 1999, the Malabar Charitable Trust (MCT) was created to structure and expand these efforts.
The group allocates 5% of its profits to CSR initiatives, which span education, healthcare, environmental sustainability, and poverty alleviation, focusing on empowering marginalized communities.
The Malabar National Scholarship Programme is a flagship initiative under its CSR framework. To date, over 60 crore have been contributed to support the programme, providing financial aid to more than 95,000 girl students across India.
By focusing on girls’ education, Malabar Group aims to uplift not just individuals but entire communities, ensuring future generations are equipped with the tools for social and economic progress.
It has also established 581 micro-learning centers across 12 states, dedicated to educating dropout students. To date, it has supported over 25,800 students.
