Crisil Foundation was registered as a public charitable trust on March 6, 2012, marking the start of Crisil’s social impact efforts; well before CSR became mandatory in India. The year focused on testing proof-of-concept initiatives in Assam, including Pragati, a series of financial awareness workshops that reached 1,000 rural citizens, primarily women.
Crisil Foundation was formally established as Crisil Limited’s CSR arm on March 06, providing structure and direction to its early work. With a defined focus on financial capability building and environmental conservation, the Foundation strengthened its outreach to socially and economically disadvantaged communities.
The flagship programme Mein Pragati expanded to Rajasthan, covering Alwar, Dausa and Sikar districts. The programme adopted the Sakhi model, enabling trained local women to lead financial literacy efforts within their own communities.
Launched as a platform for environmental conservation, sustainability and inclusive community action. Designed to incubate community-led solutions, the initiative mobilised employees as ‘Agents of Change’ across programmes spanning environmental & community led action.
The Reserve Bank of India empanelled Crisil Foundation for the MoneyWise Centres for Financial Literacy programme. What began with 25 centres, has since grown to 675 CFLs, covering 1,962 blocks in 293 districts across 14 states and four Union Territories, with support from RBI, 11 PSU banks and NABARD.
Conferred by the Government of India, Crisil Foundation was awarded for the impact of Mein Pragati in Assam, recognising financial capability building in complex and underserved geographies
In early 2020, we partnered with Tata Trusts’ Antaran initiative, to strengthen rural livelihoods in Kamrup, Assam. The collaboration focused on training local artisans to become commercial weavers, enabling sustainable incomes and long-term economic independence.
Crisil Foundation was conferred the National CSR Award 2020 in the category Corporate Awards for Excellence in CSR for its work in financial capability building and environmental conservation, marking its second consecutive national honour.
A specialised livelihood pilot was launched in partnership with the Jaipur Rugs Foundation, training women weavers in Didwana village, Dausa, to enhance income opportunities alongside financial literacy.
Water conservation was introduced under Crisil RE, addressing water scarcity in tribal regions of Rajasthan and Maharashtra. The initiative enabled year-round water access for over 120 families, improved groundwater recharge across 20 wells, supported 2,000 cattle and birds, and strengthened agricultural livelihoods.