View: Small amounts can further great causes

View: Small amounts can further great causes

by

Synopsis

India has come a long way since then. Many Indian businesses are now huge, and with great power (i.e. money) has come great(er) responsibility. They are foraying into the social sector, with corporate social responsibility imperatives creating thousands of schools for the underprivileged, universities, hospitals, sports academies, cultural institutions, etc. The NGO sector is no longer the preserve of the much-memed ‘jholawalas’.

Some years ago, when the remaining shares in the family business of my in-laws were finally sold, I got a chance to see the original certificates of some of the people who had bought into the company a century ago. It was a real revelation. Rather than zamindars or other moneyed classes, most of the shares appeared to have been bought by ordinary people, the burgeoning Indian middle-class with a little bit of cash to spare for causes other than

BY

ET Bureau

4 mins read, Last Updated:

  • FONT SIZE

    AbcSmall

    AbcMedium

    AbcLarge

  • SAVE
  • PRINT
  • COMMENT

Uh-oh! This is an exclusive story available for selected readers only.

Worry not. You’re just a step away.

Why ?

  • Exclusive Economic Times Stories, Editorials & Expert opinion across 20+ sectors

  • Stock analysis. Market Research. Industry Trends on 4000+ Stocks

  • Clean experience with
    Minimal Ads

  • Comment & Engage with ET Prime community

  • Exclusive invites to Virtual Events with Industry Leaders

  • A trusted team of Journalists & Analysts who can best filter signal from noise

  • ​Get 1 Year Complimentary Subscription of TOI+ worth Rs.799/-​

Read original article here

Denial of responsibility! Pioneer Newz is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials, please contact us by email – [email protected]. The content will be deleted within 24 hours.

Leave a Comment