Established in 2008, SKOCH Development Foundation is an autonomous, policy-oriented, not for profit policy think tank. The Foundation has been established as a “Not for Profit” Company under Section 8 of the Companies Act, 1956. It does not undertake any commercial activity.
It is recognized by the Government of India as a “Charitable Organization” under Section 12AA of the Income Tax Act, 1961. The Foundation also qualifies for exemptions under section 80G of the Income Tax Act, 1961.
The Foundation ensures transparency, accountability, and adherence to corporate governance norms. Its main focus is empowering the marginalized and making inclusive development a reality by undertaking various research and grassroots intervention projects.
The Foundation lays emphasis on Social, Digital and Financial Inclusion; strengthening of delivery systems and ensuring a transparent, participatory democracy for bringing about a systemic change.
Its founder members have during the past ten years traveled extensively across the country to study, document and promote social, digital and financial inclusion. In the process, knowledge repositories have been created on what works — the best practices — actively engaging all stakeholders from policymakers and civil society to ordinary citizens.
SKOCH Development Foundation is created with the mission of accelerating initiatives towards digital, social and financial inclusion. Following key initiatives have been undertaken by the foundation:
Public Policy Dialogue: SKOCH development foundation through its Summits and conclaves has been constantly engaging in policy dialogue with various stakeholders from the Government, NGOs, and civil society to the private sector so as to create a comprehensive multi-pronged strategy. The President of SKOCH Foundation is a member of the expert group constituted by the Ministry of Panchayati Raj, Government of India advocating a case for strengthening Panchayati Raj Institutions (village councils) through the use of technology, finance, economics, e-governance, Panchayati Raj and ICT for development. He is also a member of the Working Group for the preparation of the Strategic Plan for the next five years on e-governance constituted by the Department of Information Technology.
Mr. Sameer Kochhar is also part of the advisory council of the Project initiated by NIC, Government of India to Index Government Portals and websites at the National Level.
SDF signed an MoU with a premier government organization under the Ministry of Rural Development to create a Rural Technologies Bank (TeBank). The overall goal of the TeBank initiative was to enhance the livelihood opportunities for the rural communities, tribal groups, farmers, and landless and rural citizens. The working model developed by SKOCH Development Foundation is being used by the owner organization to create a rural Technologies Bank.
Also, within the SKOCH Summit, the foundation organizes various conclaves that help in formulating policies for the marginalized.