Indians Donate Millions to U.S. Universities, Forget India

By siliconindia   |   Friday, 10 February 2012, 01:11 IST   |    18 Comments
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At the same time there have been a few thoughtful Indian philanthropists who have contributed to the Indian education system. Azim Premji who is the chairman of Wipro and the third richest Indian, donated $2 billion to the Azim Pemji Foundation that works towards educating children in rural India. This has by far been the biggest act of philanthropy by an Indian. HCL founder Shiv Nadar donated 580 crore towards the Shiv Nadar Foundation which will be used to fund educational causes in India. Vineet Nayyar, MD of IT services company, Tech Mahindra, donated one third of his shares in the company to the Essel Social Welfare Foundation, a Delhi-based organization. The organization supports education of the girl child and the handicapped. Asit Kotecha, who owns Pashmina Realty and is founder of ASK Group, donated 30 crore to the Mumbai University for building an international convention centre (ICC).