Gautam Adani celebrates his 60th birthday: The billionaire pledges to donate Rs 60,000 crore to charity!

Asia's richest man Gautam Adani has on Friday - June 24 celebrated his 60th birthday and in the wake of his diamond birth anniversary, Adani has announced that he will be donating Rs 60,000 crore to charity. As per the announcement, the corpus fund will be managed by the Adani Foundation and it will be spent on several social causes. 

In an interview with Bloomberg on Thursday, Adani said that the fund will be used for bolstering health care, education, and skill development. He said, "This is one of the largest transfers made to a foundation in the Indian corporate history." He also cited that the contribution would also honour the birth centenary year of his father, Shantilal Adani. 

He further said, "In addition to being the 100th birth anniversary of my inspiring father, this year also happens to be the year of my 60th birthday and therefore the family decided to contribute Rs 60,000 crore towards charitable activities related to healthcare, education, and skill development, especially in the rural regions of our nation." 

"We will invite three expert committees in the coming months to formalize strategy and decide on the allocation of funds in these three areas. The committees will have members from the Adani family in supporting roles", he added. In a statement, the Adani group said, "To utilize the potential of India's demographic advantage, there is an ever-growing need to focus on the areas of healthcare, education, and skill development."

It has stated, "The shortfalls in each of these areas are roadblocks for an Atmanirbhar Bharat. The Adani Foundation has gained rich experience in working with communities focused on integrated development efforts across all these areas. Addressing these challenges can significantly enhance the competence and competitiveness of our future workforce." 

Adani took to Twitter on Thursday and wrote, "On our father’s 100thbirth anniversary & my 60thbirthday, Adani Family is gratified to commit Rs 60,000 cr in charity towards healthcare, edu & skill-dev across India. Contribution to help build an equitable, future-ready India." The Adani Group, which started off with a small agri- trading firm in 1998, has now been stretched into a conglomerate that spans coal trading, mining, logistics, power generation and distribution and more recently, green energy, airports, data, centres, and cement. 

 

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