Shaheed Sukhdev College of Business Studies (SSCBS) Declared Winner of the SIFE India National Championship 2011
July 02 2011 - 7:59AM
Business Wire
Students in Free Enterprise India (SIFE India), part of SIFE
International, a non-profit organization operating in 39 countries
globally, today announced that Shaheed Sukhdev College of
Business Studies (SSCBS), from New Delhi was named ‘SIFE India
National Champion 2011.’ The winning team will represent India at
the SIFE World Cup 2011 in Kuala Lumpur, Malaysia, this October.
The qualifying teams were adjudged by leading business executives
from distinguished organizations like WNS Global Services, KPMG,
PWC and HSBC, at a gala event held at Hotel Intercontinental -
the Lalit, Mumbai. Mr. Deepak Parekh, Chairman, HDFC Ltd., awarded
SSCBS as winners of this year’s SIFE National Championship, for
their community outreach projects - Sanitation Solutions and
Akshar.
Mr. Deepak Parekh, Chairman, HDFC Ltd
along with Mr. Keshav Murugesh, Chairman, SIFE India & Group
CEO-WNS Global Services handing over the trophy to the winning
college (Photo: Business Wire)
Under the project Sanitation Solutions, the students
helped create women entrepreneurs in slums who trade in sanitary
napkins, selling them to the community women. A direct supply chain
between the manufacturers and the women entrepreneurs helped in
keeping the price low, without compromising on product quality. The
second project Akshar rolled out by the students of
SSCBS, helped in sensitizing masses towards reduction of
carbon footprint by introducing the concept of recycling single
side used sheets of paper procured from corporates, educational
institutions and NGO’s. These are bound into usable notebooks by a
community of hearing impaired women, addressing two important
social issues- marginalization of these women and the absence of
free education in the country.
Expressing his enthusiasm Mr. Keshav Murugesh, Chairman SIFE
India and Group CEO, WNS Global Services said- “Despite being
amongst the fastest growing economies in the world, India still has
plenty of socio-economic issues. We at SIFE India feel that rather
than leaving societal needs to the government or business sectors
alone, communities and citizens need to be mobilized into finding
out the society’s most pressing problems and solutions by changing
the system, spreading awareness and persuading our people to take
new leaps. I personally believe that the spark we can get from the
youth – our leaders of tomorrow – will be a learning in itself.”
Mr. Murugesh helped create SIFE India 7 years ago in the
country.
Speaking on the occasion, Chief Guest, Mr. Deepak Parekh,
Chairman, HDFC Ltd. said, “I am extremely delighted to see how
organizations like SIFE India, a one-of-its-kind revolution, has a
huge potential of transforming the face of our nation in years to
come. I wish the SIFE team from Shaheed Sukhdev College of Business
Studies, all the best, for the SIFE World Cup 2011.”
“SIFE India nurtures today’s youth, to emerge as strong leaders,
who understand the opportunity for business to make a positive
economic, social and environmental impact, leading to the much
needed - fortune at the bottom of the pyramid. A big achievement
for us this year has been that the SIFE India Program is now being
offered as a credit course in some colleges. This is only the
beginning,” said Keshav.
SIFE India National Championship 2011 brought together students
of more than 50 leading national universities, academic
professionals and business executives through this platform. The
finale witnessed top qualifying colleges compete, to win the
National Championship, of which 4 teams - Sri Ram College of
Commerce - New Delhi, Shaheed Sukhdev College of Business Studies -
New Delhi, Indian Institute of Technology - New Delhi and GITAM
Institute of Management - Visakhapatnam, were shortlisted to bid
for the National Cup.
SIFE India, started in 2003 with approximately 100 students from
8 colleges and now has almost 2,500 students from 65
participating prestigious colleges and over 240 active projects,
impacting close to 65,000 people in various parts of India. 72
projects were undertaken last year alone by about 1,250 students
who spent 1,70,000 hours, directly impacting approximately 13,000
people who have been able to generate substantial revenue through
the alternate livelihood.
SIFE India this year, added to its network five additional
cities - Chandigarh, Bhopal, Nagpur, Bhubaneshwar and Nasik, apart
from the existing major metros - Mumbai, Delhi, Chennai and
Bangalore.
SIFE India was among the top four finalists at the Paris World
Cup in 2006. The team was third in 2008 at the Singapore World Cup,
and ended up at second place in the Berlin World Cup in 2009. SIFE
India is the only country apart from USA to attend the SIFE World
Cup finals for three consecutive years in a row.
About SIFE
SIFE is an international non-profit organization that works with
leaders in business and higher education to mobilize university
students to make a difference in their communities while developing
the skills to become socially responsible business leaders.
Participating students form teams on their university campuses and
apply business concepts to develop outreach projects that improve
the quality of life and standard of living for people in need. An
annual series of regional and national competitions provides a
forum for teams to present the results of their projects, and to be
evaluated by business leaders serving as judges. National champion
teams advance to the prestigious SIFE World Cup. In addition to the
community aspect of the program, SIFE’s leadership and career
initiatives create meaningful opportunities for learning and
exchange among the participants as well as the placement of
students and alumni with companies in search of emerging
talent.
About SIFE India
Launched in 2003, SIFE India has expanded to nearly 50
universities in more than 12 cities and has touched the lives of
thousands of people, across the country. SIFE India has established
itself as one of the premier student-based organizations in India
supporting free enterprise and entrepreneurship. SIFE projects are
guided by distinguished faculty advisors who help students apply
their classroom experiences to develop and implement real-world
educational outreach programmes.
For more information visit http://www.sifeindia.org.
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