Azim Premji retains ‘India’s Most Generous’ title, donates Rs 27 cr per day

Wipro’s Azim Premji has donated Rs 9,713 crore or Rs 27 crore a day to retain his top rank among Indian philanthropists list in FY21.

The founder chairman of the company, Azim Premji increased his donation by nearly a fourth during the pandemic year, according to Edelgive Hurun India Philanthropy List 2021, which had HCL’s Shiv Nadar at second place with contributions of Rs 1,263 crore towards upliftment causes.

While Reliance Industries’ Mukesh Ambani, India’s richest man by a distance, came third on the philanthropic list with a Rs 577 crore donation, Kumar Mangalam Birla succeeded him with Rs 377 crore. India’s second richest man Gautam Adani is eighth on the givers’ list with a contribution of Rs 130 crore towards disaster relief.

With “societal thinking” being identified as the primary cause, co-founder of Infosys Nandan Nilekani’s ranking improved to fifth with a Rs 183 crore donation.

Anas Rahman Junaid, Hurun India’s managing director and chief researcher said, “At present, most of the money is going to fundamental aspects like education and healthcare because of the requirements on the ground. Nilekani has indeed made interesting contributions, and in 10 years, we will have broader civil society issues feature as primary causes.” He further noted that as the age profile of the givers shifts to those under-40, and many of them being self-made ones also presents a hopeful picture.

There are a few new entrants into the givers list, including the largest stocks investor Rakesh Jhunjunwala, who contributed a fourth of his overall earnings of Rs 50 crore in FY21 with efforts on education. According to a statement, Jhunjunwala, who recently had a private meet with Prime Minister Narendra Modi, is among the backers of Ashoka University.

At 35th on the list are Brothers Nithin and Nikhil Kamath donated $100 million (Rs 750 crore) over the next few years to support individuals, organisations and companies working on solutions for climate change.

A M Naik, former chairman of engineering major Larsen & Toubro, is 11th on the list with a donation of Rs 112 crore. He has also pledged to give away 75 per cent of his income for charitable purposes. Meanwhile, other people in the top ten givers include the Hinduja Family, Bajaj Family, Anil Agarwal and the Burman family.

Nine women have also made their place in the givers list headed by a Rs 69 crore donation by Rohini Nilekani of Rohini Nilekani Philanthropies, followed by Leena Gandhi Tewari of USV with a contribution of Rs 24 crore, and Anu Aga of Thermax donated Rs 20 crore.

Mumbai led with 31 per cent of the list based on the place of residence, followed by New Delhi 17 per cent and Bengaluru with 10 per cent. Therefore, the pharma industry has the largest number of philanthropists succeeded by automobile and auto components and software and services.

(Inputs from PTI)

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