Rajasthan Shram Sarathi Association

Enhances financial inclusion and support for vulnerable migrant communities through tailored services and sustainable models

  • Bronze Certified 2023
  • FCRA
  • 80G
  • 12A
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About

  • Headquarters

    Udaipur, Rajasthan

  • Since

    2007

Shram Sarathi, an offshoot of Aajeevika Bureau, began in 2007 with a mission to aid vulnerable migrant communities. Focused on financial services, it Read morestands as the country's inaugural institution dedicated to supporting migrant workers and their families financially. This effort is part of a broader spectrum of migration support and services offered by the Aajeevika Bureau. With a vision to secure dignified lives for labour-dependent communities, Shram Sarathi's mission revolves around two key objectives. Firstly, it strives to facilitate financial inclusion for these communities, enabling them to enhance incomes, manage finances, and reduce migration costs. Secondly, it aims to establish a sustainable model that bridges financial service providers and migrant populations. Operating via rural and semi-urban branches in underserved areas, Shram Sarathi operates both at the origin and destination points of migration. Its revenue primarily stems from loan interests and fee incomes. Working within Aajeevika Bureau's broader migration support services, Shram Sarathi has crafted tailored products and channels to meet workers' financial needs within their migration contexts, amalgamating financial and migration support services for their benefit.

Demographies Served

Programs

  • Financial Inclusion Programme

    Shram Sarathi focuses on addressing the financial challenges of seasonal migrant workers in India, a group comprising over 150 million individuals engaged in unskilled labour across various industries. These workers face exclusion from formal financial services due to low incomes, risky jobs, and their constant movement between villages and cities. Lack of access to basic banking services, affordable credit, and social security leaves them vulnerable. To combat this, Shram Sarathi provides a range of tailored financial services, including affordable loans for income diversification, agricultural improvement, and asset creation. Additionally, it offers insurance, old age pensions, micro-investment programmes, emergency grants, financial literacy clinics, fraud mediation, and counselling to alleviate over-indebtedness, aiming to empower and support these marginalized communities.

Leadership Team

  • Ajay Kumar Saxena

    Chief Executive Officer

  • Manish Kumar Tiwari

    General Manager - Accounts & Finance

  • Rajiv Khandelwal

    Member, Board of Directors

  • Preeti Sahai

    Member, Board of Directors

  • Jaipal Singh

    Member, Board of Directors

Demographics & Structure

  • No. of Employees

    21-50

M&E

  • Internal, External Assessors

    No

Policies

  • Ethics and Transparency Policies

    No

  • Formal CEO Oversight & Compensation Policy

    No

Political & Religious Declarations

  • On Affiliation if any

    No

  • On Deployment Bias if any

    No

Registration Details

  • PAN Card

    AADCR7267C

  • Registration ID

    U91990RJ2007NPL024871

  • VO ID / Darpan ID

    RJ/2017/0175105

  • 12A

    AADCR7267CE20114

  • 80G

    AADCR7267CF20211

  • FCRA

    125690109

  • CSR Registration Number

    Not Available

Location

  • Headquarters

    39, Krishna Colony, Behind CASA Training Centre, Bedla Road, Udaipur, 313001

    Directions

Other Details

  • Type & Sub Type

    Non-profit
    Section 8 (formerly Section 25)

Financial Details

 Income / Expenses
  • 2018-19

    Income
    Rs.23,376,024
    Expenses
    Rs.21,716,867
    Admin Expenses
    Rs.6,336,375
    Program Expenses
    Rs.15,380,492
    Tip: Click on any value above to exclude it.
  • 2019-20

    Income
    Rs.35,367,800
    Expenses
    Rs.27,149,483
    Admin Expenses
    Rs.6,345,107
    Program Expenses
    Rs.20,804,376
    Tip: Click on any value above to exclude it.
  • 2020-21

    Income
    Rs.33,055,024
    Expenses
    Rs.31,662,097
    Admin Expenses
    Rs.8,081,819
    Program Expenses
    Rs.23,580,278
    Tip: Click on any value above to exclude it.