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Rs. 1000 Crore Social Responsibility Engine

Rs. 800 to a 1000 crore, that’s how much the Tata Group, one of the oldest and largest business houses in India spends annually on Corporate Social Responsibility [Via Economic Times]

The Tata Trusts control 65.8 per cent of the shares of Tata Sons, the holding company of the Group. The combined development-related expenditure of the Trusts and the companies amount to around four per cent of the Group’s net profit, its website said.

These philanthropic trusts have created national institutions in science & technology, medical research, social studies and the performing arts.

Previous coverage on the Tata’s CSR Efforts:

  1. Discover your inner Social Entrepreneur on the Train
  2. India’s CSR Leaders: How much can they really change?
  3. A New Software that Keeps Politicians As Honest as Possible
  4. Tata – Heart of Gold or Steel?

Santhosh Ramdoss

Santhosh Ramdoss

Santhosh Ramdoss is currently a Program Manager at BRAC USA, the US office of BRAC. BRAC is one of largest non-profit organizations in the world, with its roots in Bangladesh. It has pioneered a south-south model for development, leveraging on its experience in Bangladesh to address poverty in other parts of Asia and Africa. In his role, Santhosh supports BRAC’s resource mobilization efforts in the US and also helps manage its global partnerships. In addition, he continues his work with Profits for People, a social venture he cofounded, focused on creating economic opportunities for rural poor in India by investing in local entrepreneurs