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ANNUAL REPORT 2023-24                                                                   TRANSFORM RURAL INDIA







 Chairperson’s Message









 Dear Friends,  priorities and then picked our ideas for       solar-powered community irrigation and
          amplification. We are deeply gratified for the         enterprises in Jharkhand demonstrate our
 This is my first year as Chairperson at Transform   opportunity to contribute to the design and   passion to find clean and sustainable
 Rural India (TRI). I have witnessed the shared passion   implementation of the Lakhpati Didi livelihood   technologies that transform lives and
 to make India a more equitable society that runs   initiative rolled out across India.  livelihoods. Working in collaboration with
 through the organisation. We remain committed to              Intellecap, ACORN and the Jharkhand
 democratizing development and ensuring   The year 2024 was significant for initiating new   government, the pioneering Carbon Credit
 opportunities that reach all corners of rural India. As   partnerships in the Corporate Social   Finance Project has been initiated for private
 we embark on this exciting journey, your continued   Responsibility (CSR) space with leading   orchard farmers to leverage carbon
 feedback and support will be very valuable.  corporations like Walmart and Hindustan   sequestering for long-range finance to
          Unilever Foundation. The listing and                 sustainable agroforestry and climate-smart
 After TRI’s structural reorganization in July 2023, we   oversubscription of our Youth Empower Bond   agriculture.
 have adopted design principles in our engagement   at the Social Stock Exchange, a new initiative
 with stakeholders and various thematic areas.   from the National Stock Exchange, also   We extend our heartfelt gratitude to all our
 Internally, this is reflected in the Senior Leadership   supports our work on youth employability and   partners, donors and well-wishers. Your
 We extend our   Team (SLT) leading the organisation on many fronts   entrepreneurship. It opens a new opportunity   support allows us to make a real difference in
 heartfelt gratitude to   and in the strengthened capacities of our Strategy   to draw philanthropic capital to invest in   the lives of millions of rural Indians. Together,

 all our partners, donors   and Program Management Unit (SPMU). We have put   sustainable development in India for all. We   let us continue to transform rural India, one
 and well-wishers. Your   in a real-time information system to support our work   received the highest possible CRISIL Voluntary   village at a time.
          Organisation rating of VO 1A, validating our
 in villages, with government and stakeholders,
 support allows us to   including our various donors.  unwavering commitment to transparency,   With gratitude,
 make a real difference   accountability and excellence in our efforts to
 in the lives of millions   On the ground, over the last year TRI has piloted   transform rural India.

 of rural Indians.  initiatives, scaled-up the successful ones and
 documented the processes to share our mission to   We continued to intensify engagement at
 bring about systemic change. We are grateful to   multiple levels on climate adaptation and   Rashmi Shukla Sharma
 governments at the state and central level which   inclusion and have launched new large-scale   TRI Chairperson
 gave us opportunities to contribute to national   initiatives. The extensive work on




















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