NLC India Ltd (NLCIL), a Navaratna company under the Ministry of Coal, recently organised a two-day Financial Investment Advisory programme aimed at ensuring the financial well-being of landowners and Project Affected Persons (PAPs) of Karivetti village. This initiative, according to an official NLCIL press release, focused on providing guidance to PAPs on the optimal investment of land compensation amounts received from the District Administration.
The programme was inaugurated by Jasper Rose, Executive Director of Mines, NLCIL, and witnessed participation from over 60 landowners and beneficiaries. These individuals had collectively received compensation amounting to ₹15.39 crore for approximately 6.28 hectares of land acquired by NLCIL in Karivetti village.
During the programme, attendees were offered valuable insights and expert advice on how to wisely invest their compensation to ensure long-term financial security for their families. The initiative underscores NLCIL’s commitment to the socio-economic development of communities affected by its projects.
Participants expressed their gratitude towards NLCIL for the timely and beneficial guidance, which aims to empower them to make informed financial decisions. The programme is part of NLCIL’s broader efforts to support and uplift Project Affected Persons through various developmental and welfare activities.
