On 29th of January 2018, we completed 1000 days of TTC operations

	TTC Newsletter \| February 2018

Parul Soni Global Managing Partner, TTC	On 29th of January 2018, we completed 1000 days of TTC operations The release of our first newsletter holds a special significance for us all as it also marks the completion of TTC's first thousand days of fulfilling journey. What a wonderful experience it has been! These thousand days have been an exciting time of dreaming, discovery and delivery! With a purpose of bringing together all the key actors in the field of sustainable development, we have forged new partnerships, developed new solutions, extended our network and contributed to the growth of great organizations. We have worked closely with multilateral and bilateral organizations, corporates and corporate foundations, international and national NGOs. We have partnered with various State and Central Government agencies. In this short time, we have even expanded our footprint across India, Asia and other geographies, and extended our employee pool to include talent from various academic and professional disciplines. None of this would have been possible without the unconditional support of our clients, collaborators and well-wishers - thank you for trusting in our abilities and giving us an opportunity to contribute to your mandate. Our global advisors spread across 29 countries have been a source of constant inspiration and guidance. Most importantly, we owe our success to TTC's highly motivated team and their unwavering commitment. Thank you, all our well-wishers, for your support! We endeavour to continue our journey with grit, resolve and humility. We shall remain committed to our values and purpose and we look forward to your continued support and engagement in 2018.

SPOTLIGHT

Integration of FCRA bank accounts with the PFMS

Amit Phull

Partner -
Grant Efficiency

On the wintery morning of 25th December, the headlines flashed by several dailies "Govt directs NGOs to open account in any designated bank in a month for transparency". Ministry of Home Affairs, Foreigners Division announced that the NGOs will have to open foreign contribution bank accounts in the designated 32 banks to measure inbound and outbound of funds and ensure transparency.

As a result of this notification, all organisations holding permanent registration or prior permission had to shift their designated FCRA bank accounts/multiple bank accounts to any of these notified 32 bank accounts, within one month of the publication of this notice.

to get into the depth of this action taken by the Ministry.

SDG imperatives for
corporates

Dipankar Ghosh

Partner - Sustainability
and Climate Change

In September 2017, 193 member states of United Nations collaboratively committed to adopting the SDGs and commit themselves as stakeholders to meet the 2030 agenda for sustainable development.

If the World has to achieve its goals by 2030, it cannot happen without active contribution from the business. Also, it is widely believed that India's achievement of the SDGs will contribute to over half of the world's targets, and therefore Indian companies need to lead the way in demonstrating how they can collaborate and cooperate to create a better world to live in. The 17th SDG (collaboration) holds the key to success for India, as much as for the rest of the world - the right synergy within businesses, and between the corporates, government and the civil society can never be over-emphasised.

to find out how corporate India can contribute.

THINKBIG 2017 HIGHLIGHTS

ThinkBig Summit is Asia's largest platform for Women Entrepreneurs to connect with Indian and Global Corporations, Medium & Small Businesses to open doors to future trade and collaboration. The two-day event aimed to bridge the gap between companies and women entrepreneurs and establish successful collaborations through strategic partnerships. It brought together women entrepreneurs, corporate buyers, government, industry mentors, women industry associations, investors and media to inspire and empower women entrepreneurs by connecting them with Big and Small corporate.

Watch the event highlight here

RECENT KEY PROJECTS

The World Bank

TTC is conducting a value chain analysis of the Buddhist Circuit in Bihar on behalf of the World Bank. By identifying areas for investment which will create employment and entrepreneurship opportunities for women in the tourism sector, this study aims to empower women in Bihar. Based on this value chain analysis, TTC is assessing the potential of developing jobs, enterprise opportunities, and skills for women in the Buddhist Circuit, with the objective of generating practical recommendations to increase women's labour force participation.

Hindustan Construction Company

'Responsible Infrastructure 2016-17' is the eighth annual sustainability report of Hindustan Construction Company (HCC - Engineering & Construction business), which has been prepared by HCC as per the Global Reporting Initiative (GRI) framework. TTC supported HCC on their sustainability journey by providing independent assurance to the Report as per Accountability's AA1000 assurance standard.

John Snow India

For John Snow India (JSI), TTC is conducting the needs assessment study of the Tuberculosis Health Services at the Kolkata Municipal Corporation (KMC) under the Tuberculosis Health Action Learning Initiative (THALI), the recommendations will act as the key input to develop the TB Free Kolkata Action Plan in consonance with the objectives of National Strategic Plan (2017-2025).

GIZ

For the Indian States of Punjab and Telengana, TTC (in consortium partnership with The Celestial Earth) supported GIZ in ascertaining the financing gaps of State Action Plan for Climate Change (SAPCC), and identifying innovative financing for prioritized SAPCC activities. Unique methodologies were developed for this study to carry out baseline scenario assessment as well as linking the SAPCC targets to Nationally Determined Contributions (NDCs) for climate change, as well as Sustainable Development Goals (SDGs).

Our vision: "To be the preferred advisory firm for sustainable development initiatives"