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?