|Madu Pandit Dasa (left), Chairman, Akshaya Patra|
and Chanchalapati Dasa, Vice-Chairman, Akshaya Patra,
displaying the award.
Ever since its inception in 1958, the award has granted entry to the Hall of Fame to only two organisations apart from The Akshaya Patra Foundation. Furthermore, Akshaya Patra is the first one to receive this honour in the not-for-profit sector.
After a thorough review of accounting practices and financial reporting policies adopted by the participating enterprises, the awardees were shortlisted by a panel of judges from the legal and financial fraternities of India.
The Akshaya Patra Annual Report is an amalgamation of the organisation's operational and financial policies that highlight transparency which is of paramount importance in the implementation of the mid-day meal programme. The Annual Report contains an exhaustive breakup of the expenditure of funds granted by the government and funds donated to us. It creates a clear picture of the capital allocated for the variety of resources that are utilised into making the mid-day meal programme run by the organisation a success.
The Akshaya Patra Foundation has a strong hold on quality and hygiene while preparing meals for the 1.3 million children it reaches out to in 8 states and 20 locations across India. Utmost care is taken while preparing the meals to ensure that every meal that goes to every child is free of germs, elements that could cause food-borne infection and other hazardous agents.
In order to ensure the purest quality of food, The Akshaya Patra Organisation operates through two models of culinary units— centralised and de-centralised. Centralised kitchens are large kitchen units that are almost a replica of a food factory since they have the capacity to cook up to 1,00,000 meals per day. They are automated so that there is minimal human contact with the food while preparation is in process to ensure hygiene. A total of eleven centralised kitchens run by this NGO have adopted various process improvement technologies like Six Sigma and Kaizen.
There are two de-centralised kitchens located at Baran in Rajasthan and Nayagarh in Orissa. These kitchens are run by Women Self Help Groups (SHGs) under the guidance of Akshaya Patra's kitchen process and operations module.
Thus, the funds required to operate these kitchens ensure complete hygiene and quality while maintaining transparency are recounted and updated in the Annual Report of The Akshaya Patra Foundation.
Manish Tiwari, Union Minister of State for Information and Broadcasting and Justice G.S. Sistani, Judge, Delhi High Court distributed the award at a function held to felicitate the organisation in New Delhi.
The selection committee for the year 2012-13 is chaired by T.S. Vijayan, Chairman, IRDA followed by a 10-member jury, to name a few, M.J. Joseph, Additional Secretary, Government of India, Ministry of Corporate Affairs, Suresh Senapaty CFO and ED, Wipro Limited, B. P. Rao Chairman and Managing Director, BHEL.
Based on the degree of compliance with the accounting standards, statutory guidelines and other relevant pronouncements, the Gold Shield, the Silver Shield and the Plaque are awarded for the best, the second best and commendable entries respectively.
"The Governance philosophy of The Akshaya Patra Foundation refers to a set of regulations and good practices that enabled us to maintain transparency, accountability and create value for all our stakeholders. We have and we will continue to adhere to the world class accounting standards and norms," said Madhu Pandit Dasa, Chairman, The Akshaya Patra Foundation.