Vedanta Chairman Anil Agarwal has been ranked among the top philanthropists in the country, according to the EdelGiveHurun India Philanthropy List 2020.
The Hurun Report says that Agarwal’s contribution this year has risen by 90 per cent compared to the previous year and has ranked him among the top five philanthropists in India, said a press release issued by Vedanta.
The Hurun report says that Vedanta has contributed more than the Government-mandated 2 per cent towards corporate social responsibility. The report includes cash and cash equivalents pledged with legally binding commitments for the 12 months from April 1, 2019 to March 31, 2020 and the latest available CSR data filed with the Ministry of Corporate Affairs.
The release further said Vedanta has been at the forefront of the fight against COVID-19 and contributed Rs 101 crore to the PM-CARES Fund. The company also created a special corpus of Rs 100 crore for Covid-related initiatives to support daily wage earners and local communities.
Hurun India has partnered with Hurun India towards creating this report to understand philanthropic giving in the country.