The family decided to donate Rs. 60,000 crores to the charitable initiatives related to healthcare, education, and skill development, particularly in the rural areas of our country, because this year also happens to be the year of Gautam Adani's 60th birthday and the 100th anniversary of the birth of his inspirational father.
Digital Desk: In the honour of his 60th birthday,
Gautam Adani, the Founder and Chairman of the Adani Group and the richest man in Asia, has
promised to contribute Rs 60,000 crore to charitable organisations. The Adani
Foundation will be in charge of managing this corpus.
According to Adani in an interview with
Bloomberg on Thursday, the donation would be managed by the Adani Foundation to
support healthcare, education, and skill development.
He added that this commitment also honours
the 100th anniversary of the birth of his father, Shantilal Adani, and is one
of the largest donations made to a foundation in Indian corporate history.
"Focusing on healthcare, education, and skill development is very crucial if India is to take full advantage of its demographic advantage. 'Atmanirbhar Bharat' is hindered by the deficiencies in each of these categories. The Adani Foundation has a wealth of expertise engaging with local communities on integrated development initiatives in each of these fields. By addressing these issues, our future workforce's competency and competitiveness can be greatly increased "Adani Group released a statement.
The Indian mogul, a first-generation
businessman who turns 60 on Friday, joins the ranks of world billionaires like
Warren Buffett and Mark Zuckerberg who have donated significant amounts of
their riches to charity. According to the Bloomberg Billionaires Index, Adani
has a net worth of almost $92 billion and has increased it by about $15 billion
this year, making him the richest person in the world.
In order to formalise strategy and choose how
to allocate funding in these three sectors, he stated, "We will invite
three expert panels in the next months." He stated that the Adani family
will play supporting roles on the committees.
The Adani group, which began as a modest
agri-trading company in 1988, has grown into a conglomerate that specialises in
green energy, airports, data centres, cement, mining, logistics, and power
generation.
"We
will uniquely be able to speed these programmes because to our experience in large
project planning and execution as well as the lessons learned from the work
done by the Adani Foundation, added Adani.
"Gautam Adani and his family's commitment towards philanthropy should set an example that we can all try to live Mahatma Gandhi's principle of Trusteeship of Wealth at the peak of our business success and need not wait for our sunset years," said Azim Premji, Chairman of the Azim Premji Foundation and Founder Chairman of Wipro Limited on this occasion. Premji is widely regarded as one of the greatest philanthropists of our "The difficulties and potential facing our nation demand that we work together as one, bridging all gaps of money, region, religion, caste, and more," he stated.
Continue Reading
