CaratLane Partners with Maithree to Launch Pioneering Assisted Employment Scheme for Intellectual and Developmental Disabilities

CaratLane, India’s leading omni-channel jewellery brand, has partnered with Maithree, a leading advocate for the empowerment of children and persons with intellectual and developmental disabilities (PwIDDs), to introduce the Assisted Employment Scheme. This ground-breaking initiative aims to ensure sustainable employment opportunities and skill enhancement for PwIDDs, ensuring their integration and success in the workforce. By introducing the Assisted Employment Scheme, Maithree is championing the cause of PwIDDs, providing them with not just jobs but also opportunities for growth and fulfilment. This embodies Maithree’s unwavering dedication to fostering a society where everyone can contribute meaningfully and lead dignified lives regardless of ability.

Through this initiative, CaratLane is extending its impact beyond jewellery to make a significant difference in the lives of PwIDDs. This exemplifies a shared vision of creating a more inclusive society where every individual has the opportunity to thrive. 

Speaking on the initiative, Mr. Avnish Anand, Co-Founder and CEO at CaratLane says “At CaratLane, we believe in the power of business to effect social change. By partnering with Maithree, we shall leverage our resources for the greater good, ensuring that economic growth includes everyone, especially those who are often overlooked. This isn’t just about financial support; it’s about integrating these capable young adults into the fabric of our everyday lives and industry. Through this initiative, we aim to break down barriers and foster an environment where diversity and inclusion are at the forefront of business practice. Our commitment extends beyond this program, influencing our internal practices and hopefully inspiring other corporations to take similar steps towards inclusivity and social responsibility.”

The Assisted Employment Scheme, inspired by the principles of the government’s MGNREGA policy, adapts its model to serve the specific needs of PwIDDs, providing them with both financial stability and opportunities for personal development. Key features of the scheme include:

•          Two-Year Vocational Training: Participants receive specialised training to prepare them for suitable employment based on their skills and interests.

•          Assisted Employment Scheme Grant: A monthly grant that decreases by 20% annually over five years, designed to foster gradual financial independence.

•          Productivity-Based Incentives: Rewards based on individual productivity, encouraging participants to enhance their skills and contribute effectively.

•          Guaranteed Minimum Earnings: A foundational income of at least Rs 2500 per month for five years, offering financial security.

The first cohort of 100 young adults who have completed a rigorous two-year vocational training program at Maithree and joined the Assissted Employment Scheme were felicitated at an event organised in Chennai on the 16^th of April 2024. Mr. Bhaskar Bhat, Director, Tata Sons and Mr. Mithun Sacheti, Founder, CaratLane graced the occasion.