Philanthropy with Corporate dreams How Achievable
The field ofphilanthropy may be relatively new in India, but the notion of charity certainly is
Not. informal charity has long been an integral part of community and social life throughout
Asia. Buddhist and Confucian traditions, amongst others, emphasize mutual help and charity within communities and among kin. Religion also plays an important role in determining an individual’s charitable obligations to his or her community. Now it is the turn of the corporate world to take this event a long way.
Recently we have seen “reliance money” as the philanthropic partner of “satya may va jaayate”, which is really a milestone in Indian corporate environment. Thus, philanthropy in developing countries like India should go parallelly with nurturing of corporate sector.
In this uprising epoch of technology-oriented market the society and corporate world should grow on symbiosis basis .Each of the two are indispensible. When an industry grows due to the prime elements of the society, it also carries some responsibility to give back and forth. Now –a-days the firms are more profit oriented and philanthropy is less seen in the corporate niche.
It is something that nature too says that world survives on symbionts, then how it could be deniable that big dreams can be on palms without philanthropy. In an ailing country like India, the growth is very dependent on industrialization, because industrialization attracts public private partnerships and further developments in urban areas. Today it is vivid that every organization has made its own charitable wing and gone a long way towards rural and urban metamorphosis .now emerging philanthropy has been seen due to a new generation of ambitious philanthropists, many of whom built their fortunes on the back of the IT boom
of the past 30 years. Today, experts in this field place a high premium on “strategic philanthropy”, an approach that aims to make effective contributions to social change by adopting some of the practices of successful profit oriented businesses. By balancing both the factors in todays’ era it is possible to make philanthropy along with achieving high dreams.