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Pranab's call to corporates

Staff Reporter
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Come up with new ideas to tackle socio-economic issues: Finance Minister

SHARING VIEWS: Union Finance Minister Pranab Mukherjee and Chief Minister N. Kiran Kumar Reddy at the Nagavali Institute of Rural Entrepreneurship Development at Rajam in Srikakulam district on Saturday. Photo: PTI
SHARING VIEWS: Union Finance Minister Pranab Mukherjee and Chief Minister N. Kiran Kumar Reddy at the Nagavali Institute of Rural Entrepreneurship Development at Rajam in Srikakulam district on Saturday. Photo: PTI

Union Finance Minister Pranab Mukherjee on Saturday expressed hope that many industrial houses would come forward to take up charitable programmes in a big way and said their contributions would make a difference to the quality of life of the poor in the country.

He said corporate India would have to come up with new ideas and demonstrate the working of these ideas to tackle some of the unique socio-economic issues facing the society.

Mr. Mukherjee was speaking after inaugurating the GMR Varalakshmi Care Hospital at Rajam, near here. He appreciated the initiative taken by GMR Group Chairman Grandhi Mallikarjuna Rao in establishing the hospital with all modern facilities for the benefit of people in his native district and also neighbouring Orissa.

“Corporate philanthropy in India has always existed in pockets, though a few business houses like Tata and Godrej have been flag-bearers in this regard. Now enterprises such as GMR Group are also taking up social responsibility in a major way,” the Union Finance Minister said.

“Individuals and corporations in India contribute only 10 per cent to total charity in India. I am sure this will change as more and more people realise that their contributions can actually change the lives of the needy,” he added.

The Finance Minister said the country would progress fast if the young generation was trained in a proper way.

Chief Minister N. Kiran Kumar Redddy said Arogyasri, the health insurance programme, could be effectively implemented only with the active support of private hospitals.

It would be difficult to perform all surgeries in government hospitals, he said.

Mr. Mallikarjuna Rao said his parents had taught him the importance of giving back to the society.

Roads & Buildings Minister Dharmana Prasada Rao appreciated Mr. Mallikarjuna Rao for constructing the modern hospital.

Unions Ministers -- Pallam Raju and D. Purandeswari – State Finance Minister Anam Narayana Reddy, MPs -- Kishore Chandra Deo, Botsa Jhansi, and Killi Kruparani -- Congress whip Kondru Murali, former Union Minister K. Yerrannaidu, and local MLAs participated in the function.


  • Pranab inaugurates GMR Varalakshmi Care Hospital at Rajam in Srikakulam district
  • Modern hospital built by GMR Group Chairman Grandhi Mallikarjuna Rao


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