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World NGO day program organized by MESCO

MESCO trust, a Mumbai based secular NGO had organized a program today to felicitate 40 prominent NGOs from Mumbai at Islam Gymkhana on World NGO day.

Chief guest of the function was CA Murtuza Onali Kachwala (Chairman -WIRC of ICAI 2022-23). He wished all the NGOs ‘A Happy World NGO day’. He spoke about the compliances important for NGOs to be followed in today’s date. He elucidated about social stock exchange coming up soon in India where all Non profit organisations and NGOs can get listed on the exchange but social audit is a must for this. He spoke about Corporate social responsibility and shared examples of few who are spending big amount in CSR. He informed that the Institute of Chartered Accountants of India can provide free training to the NGOs who were present today at the MESCO hosted function.

The guest of honor of the function was Dr. Lalmeeya Shekh, Managing Director of Maulana Azad Minorities Fianancial development corporation Ltd, Mumbai who praised the working of MESCO of issuing grants to the deserving students. He emphasized that NGOs should support MAFDC for disbursement of the available loans to the minorities for education and for business. He informed that the MAFDC has a yearly capacity to absorb 5000 applications but hardly 500 to 600 applications are coming from Minorities in a year. He requested all NGOs to guide minorities students of the process to apply for education loans at MAFDC and have faith in the government support. He congratulated MESCO for its 54th year of operations.

All the prominent NGOs representatives present were felicitated with a momento and certificate by MESCO board members and the two guests present.

MESCO President Prof. Farhaan Makba informed the media personnel that MESCO will be providing more aid to the underprivileged students, widows and needy patients if it receives more support from the donars.

The program ended with a vote of thanks by Mr. Jamil Shaikh, the honorary treasurer of MESCO.

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