Kulti is a neighborhood in Asansol in the Indian state of West Bengal. It is situated in the Asansol Sadar subdivision of the Paschim Bardhaman district. The city of Kulti lies between two great rivers ? the Damodar and the Ajay. The rivers run parallelly with the city in between, and the area is composed of undulating laterite soil. Kulti was a small village earlier but it underwent major development when the IISCO plant was set up in the area. Kulti had India?s first blast furnace that operated in the plant at Burnpur from 1875 to the 1950s. Steel was manufactured for the first time in India in open hearth furnaces in 1904 at Kulti. Spun pipes were made for the first time in India at Kulti. Kulti is an industrial township with most of its residents employed in the industrial belt in and around the city. There are a few places worth visiting nearby such as Maithon Dam, Panchet Dam, Bakreshwar, Bishnupur and Tagores Shantiniketan.
The first Paul George Memorial Tournament was began by the Muthoot Group in 2012, for children of the government schools in the Delhi NCR region. The winners of the tournament were awarded scholarships. The Muthoot M George Foundation conducted all of the philanthropic activities of Muthoot Finance through which it performs tree plantation drives and offers scholarships to the needy people regularly. The company also took the initiative on education, environment, health, financial assistance, and eco-friendliness through M George Foundation. The Muthoot Finance is associated with the concept of an E-toilet, which was a public sanitation initiative, with the aid of the Credai Clean City Movement. Along with that, the company also conducts agricultural seminars on a regular basis by the name of My Kitchen Garden to educate farmers on the effects of pesticide use in farming and how to control that for healthier living. The company has also actively helped cancer patients, as well as individuals diagnosed with the kidney diseases, by taking care of their medical expenses. The Muthoot Finance runs the "Horn Not Ok Please" initiative to raise awareness on the harmful effects of vehicular noise pollution. It has also established a Centre for creating road traffic and safety awareness and the prevention of traffic accidents at the office of Assistant Commissioner of Police in Kochi.