States » WestPosted at: Nov 12 2026 10:44PM


Maha: FUEL to raise Rs 50 lakh for MBA education of 25 girls from drought-hit regions

Pune, Nov 12 (UNI) Friends union for Energising Lives (FUEL) has launched an initiative to support higher education for young women from drought-affected regions and economically weaker sections of society by registering its second social impact project on the National Stock Exchange's (NSE) Social Stock Exchange (SSE).
Under the initiative, FUEL aims to raise Rs 50 lakh to cover the entire two-year MBA education expenses of 25 young women from drought-prone regions of Maharashtra.
Of the 25 selected beneficiaries, around 60 per cent have migrated to Pune from drought-affected areas of Maharashtra in search of education and employment opportunities.
Nearly 68 per cent belong to farming families, while 73 per cent are first-generation learners pursuing higher education in their families. The initiative aims to ensure that financial constraints and adverse natural conditions do not interrupt the higher education of these students.
Subscription to FUEL's second SSE issue opened on November 11 and will remain open until November 20, 2026. Individuals and social investors can also contribute through the Zerodha application. A special listing ceremony is scheduled to be held at the National Stock Exchange in Mumbai on November 30, 2026.
In addition to supporting higher education, the initiative also includes a commitment to provide short-term digital and technical skills training to 2,000 young people, focusing on the requirements of Global Capability Centres (GCCs) and industry-oriented employment opportunities.
Leading corporate organisations, including VFS Global, CGI, Castrol, SBI Foundation and Capgemini, are supporting the initiative. Earlier, through its first SSE issue, FUEL had raised Rs 98.29 lakh and successfully supported the undergraduate education of 40 young women.
"Talent, rather than circumstances, should determine the future of young people. Through our second Social Stock Exchange listing, we aim to enable 25 young women from drought-affected and economically weaker sections to complete their MBA education. Even a small contribution can change the direction of someone's life," said Dr Ketan Deshpande, President and Vice-Chancellor of FUEL SkillTech and Entrepreneurship University.
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Tags: #Maha: FUEL to raise Rs 50 lakh for MBA education of 25 girls from drought-hit regions
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see more..