Education gives wisdom. Morality and spiritualism are the essential components of wisdom. Education is the penance to all evils. Including Higher Values of life in today’s education system has become a necessity. Today’s youth, if educated with Values of life, will help build a better nation tomorrow. With this objective, the Company, during the previous year, undertook the project of “Imparting Higher Values of Life” in youths through educational programs and lectures in association with Vedanta Cultural Foundation (VCF), a public charitable trust registered under the provisions of the Bombay Public Trust Act, 1950, established in 1976 by renowned philosopher Mr. A. Parthasarathy and continued its support during the financial year 2017-18 too. VCF runs Vedanta Academy in Malavli, near Pune, Maharashtra, India, which is a unique educational institution designed to build the intellect and instill higher values of life. It harnesses the different aspects of the student’s personality for self-development through education, yoga, sports, research and welfare activities.

VCF conducts various educational programs (on tuition-free basis) in its Vedanta Academy such three-year full-time residential courses, youth camps for students as well as corporate seminars and retreats for professionals and businesspersons. The Academy disseminates knowledge through a scientific programme of study and reflection. It encourages a spirit of enquiry based on liberal approach that enables the development of the intellect and not merely providing intelligence on a subject.

With no weekends and vacations, every single day courses through individual study, physical exercise, lectures, campus work, Sanskrit lessons, group discussions, audio-visual presentations and community singing. Students from diverse nationalities, cultural and religious backgrounds attend these programs/courses and VCF provides them boarding, lodging, tuition and domiciliary, medical aid free of charge.

The Company’s contribution to this Project is in accordance with the requirements of Section 135 of the Act, read with Companies (Corporate Social Responsibility Policy) Rules, 2014, and Schedule VII to Act. During the financial year 2017-18, the Company contributed an amount of INR 20 lakhs towards this Project.