To transform 10,000 villages: Maharashtra plans CSR drive with business heads

Maharashtra plans to involve top industrialists, philanthropists and executives such as Ratan Tata, chairman emeritus of Tata Sons, Reliance IndustriesBSE -0.07 %' Mukesh Ambani, Mahindra & Mahindra's Anand Mahindra and HDFC's Deepak Parekh for a mammoth corporate social responsibility (CSR) project that aims to transform 10,000 villages over three years.

It will create a special fund using the CSR funds of corporates for the initiative and these leaders could be part of its governing board by depositing a tentative sum of Rs 10 crore each, sources in the government said.

About 50 top industrialists, CEOs and philanthropists have been called for a meeting with Maharashtra chief minister Devendra Fadnavis on Thursday where a presentation would be made to them, they said...................Read more


Source: The Economic Times

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