![]()  | 
| 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.
