Reliance Foundation Spent Rs 761 Crores, Benefited 40 Lakh People: Mukesh Ambani

The Foundation through its Dhirubhai Ambani Scholarship programme, Young Champs and Education For All Initiative strives to nurture and encourage the youth to realise their dreams.

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By Rusen Kumar 

MUMBAI: Mukesh Ambani-led Reliance Industries held its 41st annual general meeting today in Mumbai. Addressing shareholders at the Annual General Meeting of Reliance Industries Ltd (RIL) Chairman Mukesh Ambani said, “In just 4 years, we are the biggest corporate foundation in India. Our BIJ programme has reached out to more than 500 villages in some of the most drought prone pockets across 12 states of India. Our interventions have helped over 50,000 farmers reap second and third crops from their lands with enhanced irrigation and improved soil fertility.”

Here are the highlights from Ambani’s speech, which is focused on Reliance Foundation:

“Dear Shareholders, I am happy to share with you the rapid progress that your Foundation has made. In just 4 years, we are the biggest corporate foundation in India.

Our BIJ programme has reached out to more than 500 villages in some of the most drought prone pockets across 12 states of India. Our interventions have helped over 50,000 farmers reap second and third crops from their lands with enhanced irrigation and improved soil fertility.

RF Information Services has become the biggest disseminator of livelihood related information and content for poor people reaching out to more than 5000 villages.

Sir HN Reliance Foundation Hospital has been re-built to global standards with state of the art equipment and technology for tertiary care and was dedicated by the Hon. Prime Minister to the city of Mumbai.

Am delighted to announce, on behalf of Smt. Nita Ambani, that all our shareholders will be provided 10% discount on services in this hospital. Dear Shareholders, Affordable and quality health care is made accessible to urban poor through the Reliance Foundation’s Health outreach Programme and over one lakh patients have been rendered free services.

The Foundation has been one of the very few Indian organizations to have rendered relief to earthquake hit Nepal, on the back of the excellent relief efforts in Jammu and Kashmir and Uttarakhand. The Foundation through its Dhirubhai Ambani Scholarship programme, Young Champs and Education For All Initiative strives to nurture and encourage the youth to realise their dreams.

Last month, we inaugurated the Jio Garden spread over 13,000 sq. ft along with an integrated large car park in BandraKurla Complex in Mumbai. 50 plus Jio gardens of a planned 400 gardens are currently under development across the nation as in Agra, Nashik, Chennai, Noida, Lucknow andAhmedabad, to name just a few.

The Foundation spent Rs. 761 crores last year to benefit over 4 million deserving people across India. I am confident that under Smt. Nita Ambani’s leadership, the Foundation will continue to establish innovative developmental models and make a deep impact on large sections of our population.”

(Mukesh Ambani, Chairman, Reliance Industries Ltd at 41th AGM, June 12, 2015, Mumbai)

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