Summary
Socio Economic Development Association (SEDA)
Livelihood
Skill Development
Estd: 1992
Used for Beneficiaries: 91%
Address : 6-139 Trivandrum Road, Azhagiamandapam, Mulagumoodu, Kanyakumari, Kanyakumari 629167. Tamil Nadu
Email :  seda.india@gmail.com
Web-site : www.sedaindia.com
Telephone : +91 4651 249462; +91 4651 248729, +91 9443156510
Donor Contact : Dr. J. Asir P. Singh / +91 9443226014 / seda.india@gmail.com
Financial Score
Rs, Y/E March 31
Income & Expenditure Statement201320142015
Income From
Government Sources765,366372,775703,722
Institutional Sources471,284315,020342,225
Foreign Sources000
Donations584,474544,749399,240
Sales/Fees195,09550,00027,051
Interest/Dividend96,292404,719386,346
Other Income1,66000
Total Income (A)2,114,1711,687,2631,858,584
Expenses For
Direct Programme Activities478,972706,313498,267
Programme Staff Cost845,398636,1981,115,032
Travel Expenses44,45040,00476,426
Direct Programme Expenses1,368,8201,382,5151,689,725
Fund Raising Expenses000
General Staff Cost241,3107,7191,150
Overhead Expenses494,503216,566157,678
Depreciation000
Other Expenses/Transfer000
Total Expenditure (B)2,104,6331,606,8001,848,553
Surplus / (Deficit) (A-B)9,53880,46310,031
Balance Sheet201320142015
Assets
Fixed Assets6,439,3806,455,1806,471,380
Current Assets (excl. Cash)2,771,9532,674,6991,897,277
Cash/Bank 401,651259,942417,600
Investments21,78321,78334,111
Accumulated Deficits000
Total Assets9,634,7679,411,6048,820,368
Liabilities
Corpus / Share Capital1,466,4001,466,4001,346,400
General Funds5,288,8874,747,9564,770,315
Earmarked Funds000
Loans567,7651,261,3931,405,798
Current Liabilities2,311,7151,935,8551,297,855
Total Liabilities9,634,7679,411,6048,820,368
Other Details201320142015
Direct Beneficiaries (Nos)6,8336,6507,010
Indirect Beneficiaries (Nos)34,16533,25035,050
Cost Per Direct Beneficiary (Rs) - Actual160165175
Number of Staff121212
Highest Salary (Rs p.a.)84,00090,00096,000
Lowest Salary (Rs p.a.)42,00048,00054,000
Regd. under : The Tamil Nadu Societies Registration Act, 1975
Auditor : E. Raja Jeya Sekar
Bankers : State Bank of India

Donor tax benefits : 80G 50%
Eligible for foreign donations : Expired

Trustees/Directors/Managing Committee:
Dr. P. Sucila Pandian, President Prof. C. Helen Christinal, Secretary
Mr. M. Gnanadeepam, Treasurer Ms. M. Retnam Paulus, Member
Ms. M. Mary Selvi, Member Ms. Nirmala Sebastin, Member
Ms. Ananthi Evenglin, Member

Source : Audit Report 2015

Financial Note : In FY15, Programme Staff Cost has increased due to designers' fees for the AHVY projects.

NGO Profile :
Socio Economic Development Association (SEDA) was founded in 1992 and supports social development among women, children, and neglected groups in Kanyakumari, Tamil Nadu. SEDA focuses on women empowerment, Self-Help Group (SHG) development, vocational training, sanitation, handicrafts, lace and embroidery, natural fibre crafts, coconut based handicrafts, and agriculture-based products. It has been working among the poor, artisanal communities, unemployed manual labourers, and deprived persons in rural Kanyakumari.

SEDA aims at women empowerment, gender equality, women human rights, economic and political development, and innovative and experimental activities benefitting women. SEDA runs a Counselling Centre for psychological, personal and family problems, and women empowerment activities. In 2014-15, 25 new SHGs were formed and provided with financial assistance to undertake economic activities.

  • SEDA is the implementing agency in respect of Ambedkar Hastshilp Vikash Yojana (AHVY), an integrated craft cluster development programme of the Government of India. It has been providing necessary technical inputs to rural artisans to improve their production. Design and Technical Development Workshop in Natural Fiber Craft was started in FY15 for the promotion of art & culture, and the overall upliftment of the underprivileged. Products developed from Natural Fiber include yarns, ropes, spa products, cat scratching posts, lumbar support belts, rugs, slippers, cloths and disc buffers. Market assessment and product study tour was carried out for acquiring knowledge on latest developments in designs, to know market trends, form new market linkages, design development, introduction of new designs, and welfare schemes.
  • SEDA is NABARD’s nodal agency for Coconut Development Cluster. It has been assisted by NABARD for various developmental programmes such as REDP (Rural Enterprises Development Programme), MEDP (Micro Enterprises Development Programme), Skill Development Programme, and SHG awareness programme. MEDP programmes include Nursery training (fruits, flowers, and vegetable plant cultivation methods, seedling production), Jute Handicraft training (furnishing, upholstery, shopping bags, decorative items), etc.
  • With funding support of Concern India Foundation, Hand Embroidery training was imparted to 20 women artisans for a period of one year in FY15. These women artisans got better income options thereby improving their economic status and the standard of living of their families. More than 100 people benefited indirectly in FY15.