Updated:2024-10-11 03:19 Views:225
Tata Sons Chairman Emeritus Ratan Tata, who passed away last night in Mumbai hospital at the age of 86, was not just a titan in the business world; he was also deeply committed to social causes, leaving a lasting impact on countless lives through his philanthropic efforts.
Raised by his grandmother Navajbai Tata, the woman who had adopted his father Naval, Ratan Tata once said that it was his grandmother’s generosity that inspired his philanthropic activities.
Another influence on his world view was his early years in the Tata Group when he worked on the shop floor of Telco (now Tata Motors) and later at Tata Steel, where he shovelled limestone. “Working on the shop floor as a young man, I saw close up the misery and hardship of the less fortunate and thought about how one makes a difference to improve lives. As I moved up through the departments and divisions, I continued to see hardship and had more opportunity to do something about it,” Ratan Tata said in an interview with Stanford Social Innovation Review.
Ratan Tata's inclination to help the community became evident early on during his time at Tata Motors in the 1970s, when he initiated the Aga Khan Hospital and Medical College project as one of his first philanthropic projects.
'Visionary Leader And Compassionate Soul:' India Reacts To Ratan Tata's DeathAs he progressed in his career, so did his contributions to the sectors of education, health, welfare and rural development. His initiatives came under the Tata Trusts, which are among India’s oldest and largest organisations focused on supporting underprivileged communities.
Ratan Tata's contributions to the education sector include significant national initiatives aimed at supporting Indian institutions. In 2014, the Tata Group donated ₹950 million to IIT Bombay, establishing the Tata Centre for Technology and Design to address the needs of resource-limited communities.
Additionally, Tata Trusts provided ₹750 million to the Centre for Neuroscience at the Indian Institute of Science to research Alzheimer's disease and develop early diagnosis and treatment methods. As the custodian of his family’s philanthropic legacy, Ratan Tata continued the tradition of supporting education, a commitment first established by his great-grandfather J.N. Tata, who created the JN Tata Endowment in 1892 to offer loan scholarships to Indian students.
On the international front, the Tata Education and Development Trust set up a $28 million Tata Scholarship Fund for undergraduate students from India at Cornell University. In 2010, Tata Group and its charities donated $50 million to build an executive centre at Harvard Business School. They also established the MIT Tata Center of Technology and Design at the Massachusetts Institute of Technology (MIT) to address challenges faced by communities with limited resources, especially in India.
The business tycoon was also involved in initiatives for making healthcare affordable and accessible to everyone. The Tata Trusts have supported cancer treatment by donating medical equipment, providing grants, and aiding various oncology institutions and also setting up various centres.
They also launched the Digital Navigation for Cancer (DiNC) initiative to streamline patient appointments at major hospitals. In addition, the Trust's focus on infant and maternal health, ensuring that underprivileged children and pregnant women have access to nutritious food through programs like anganwadis and midday meals. The India Health Fund, created with The Global Fund, works to reduce preventable deaths from diseases and improve public health.
Ratan Tata: A Portrait Of InnovationWhen the COVID-19 pandemic was at its peak, Ratan Tata pledged ₹1,500 crore to combat the deadly virus, funding protective equipment for medical staff, respiratory systems, testing kits, and treatment facilities for patients.
His influence wasn't just limited to the urban world; he made a lasting impact in rural areas as well. Ratan Tata’s commitment to innovation and sustainability led to major investments in clean water projects and rural electrification. The Tata Trusts supported agricultural research to improve farmers' livelihoods. Through the Transforming Rural India Initiative (TRI), they collaborated with governments, NGOsnextbet, and other groups to uplift communities facing extreme poverty.