Azim Premji has transferred 213 million equity shares (of Wipro Ltd.) which is valued currently at Rs. 8846 crores which is equal to Rs. 88.4 billion.
The transfer will be utilized for various not for profit activities and India will see the change in course of the next few years. This is a landmark decision in the history of India.
Since Azim Premji believes that Education can bring about a better society and since good education is not easily available for the under privileged, a major chunk of this donation will go into activities that will directly be responsible for this.
The Karnataka Government has recently approved the formation of the Azim Premji University
under a special legislative act. The University has three key objectives:
1. To create education and development professionals of high caliber, with a deep commitment to
social causes and a desire to work in disadvantaged communities
2. To build capacity of existing functionaries in the education sector – both Government and private -
through continuing education programs; and
3. To create deep knowledge in education and development through high quality research that is
relevant to India.
The University will be located in Bangalore and aims to be operational in 2011. The University will offer programs and conduct research in the field of Education and other closely related fields of Development. The University will be multidisciplinary in its approach, & Management, Education Technology, Education Research and Development Studies.
No comments:
Post a Comment