Ratan Tata, arguably one among India’s most loved industrialists, turns 83 today. Wishes poured in from all quarters on his birthday. While some thanked him for his contribution to India’s growth, some gushed over his charming appearance. Most of all, though, netizens took to social media to thank Tata for his philanthropy.
Tata is understood for his philanthropic endeavours. he’s known for contributing within the areas of education, medicine and rural development. Over 65% of his shares is invested in charitable trusts. Speaking at the Stanford Social Innovation Review, Tata had said, “Working on the workplace as a young man, I saw pack up the misery and hardship of the less fortunate and considered how one makes a difference to enhance lives. As I moved up through the departments and divisions, I continued to ascertain hardship and had more opportunity to try to to something about it.”
Tata Trusts, the philanthropic arm of the group aims to unravel issues like child malnutrition by focussing on maternal health and alleviate poverty. He had once said he has become more sensitive to the pain and suffering that exists.
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Meanwhile, the Tata Education and Development Trust endowed a $28 million scholarship to supply aid to deserving undergraduate students from India. The Tata Group also donated $50 million for the development of an executive centre at Harvard graduate school . TCS also gave $35 million to Carnegie Mellon University, the biggest-ever donation to the university.
Tata Group also endowed IIT Bombay in 2014 and formed the Tata Center for Technology and style (TCTD) to assist people with limited resources access design and engineering.
Tata has always credited his grandmother Navajbai Tata, who raised him, for instilling in him the desire to assist the needy. “She had homes for the poor everywhere the country… She operated therein way to not gain visibility for herself, but because she was very kind-hearted and passionate in terms of doing away with misery,” he had said consistent with Carnegie Medal of Philanthropy.
Ratan Tata was born on December 28 in 1937 in Mumbai. His parents Naval Tata and Sonoo separated when he was 10 years old. He studied in Campion School in Mumbai till Class 8, following which he joined Cathedral and John Connon School in Mumbai and Bishop Cotton School in Shimla. He graduated from Riverdale Country School in ny CIty. In 1959, he received a degree in Architecture from Cornell University and pursued a complicated Management Program from Harvard graduate school in 1975. He joined the Tata Group in 1961 and was promoted to management in 1970.
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Known for his community work and business, Tata was awarded the Padma Bhushan in 2000 and therefore the Padma Vibhushan in 2008. He has also been awarded the Honorary Fellowship of The London School of Economics and politics in 2007, the title of Honorary Knight Commander of the Order of British Empire, UK in 2009, the ‘Honorary Knight Grand Cross of The Order of British Empire’ in 2014, and therefore the ‘Oslo Business for Peace Award’ by the Business for Peace Foundation in 2010.
This article taken reference from businesstoday
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