Google

Wednesday, March 23, 2011

Miserly Philanthropy

Apparently the wealthy Indian CEOs need examples of philanthropy before they learn to part with a little bit of their money. This is pathetically ironic, coming from the homeland of Gandhi, Buddha, Rama, and many other giants of humankind.

Philanthropy should not be made a rule for cos: Infy CEO - The Economic Times: "Software major Infosys' CEO S Gopalakrishnan today said philanthropy should not be made mandatory for Indian corporates, and instead called for great examples to encourage people to follow this path.

'I don't think it should be made mandatory. I think we should encourage people to do it (philanthropy),' added Gopalakrishnan, who was one of the guests at the lunch of legendary investor Warren Buffett .

The India IT bellwether CEO also attended an interactive session with Buffett, organised by the Confederation of Indian Industry.

'We should talk about examples, we should talk about stories (about philanthropic activities)', he said, adding, Buffett and Bill Gates are 'great examples' in this context.

'There are great examples in India also. So, I think we need to talk about these examples and people will follow (with philanthropic activities). I don't think it should be made mandatory (for companies)' Gopalakrishnan said."

No comments: