Jindal sets aside Rs 125 cr to honour talented people

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  • reni_shin2
    • Aug 2007
    • 9595

    Jindal sets aside Rs 125 cr to honour talented people

    Jindal sets aside Rs 125 cr to honour talented people
    Sitaram Jindal, Chief Patron of SR Jindal Foundation & CMD of Jindal Aluminum, has set aside Rs 125 crore to form a corpus in the current financial year for creating a perpetual prize to honour the deserving, year after year. The Jindal Prize has been instituted to accolade exceptional service of current significance rendered by individuals or organisations for the welfare of Indian citizens in the country. SR Jindal Foundation had initially intended to honour only five individuals or organisations by awarding Jindal Prizes worth `1 crore each in the categories of education, rural development and poverty alleviation and health. Sitaram Jindal said, “We have received nominations from all parts of the country and are happy to note that a lot of excellent work is being done by a very large number of individuals and organisations in all categories self-lessly and without any political or profit motive.”
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