Warren Buffett urges charity in Bangalore

by Ashvini on March 24, 2011 · 6 comments

in My Personal Thoughts

The Oracle of Omaha urges businessmen in India to donate for charity in Bangalore.

Donate, help and extend

It’s not that the businesses in India do not donate charity. Many of companies are indeed doing superb job of handling social obligations. Some of the companies, I worked for have been running orphanage centers, donating computers and teaching children.

However, it is not widespread as it should be.  I remember, in my childhood days, my home state suffered from severe drought and heat. I could see tens of  “pyaus” or water distribution centers come up on main road. The concept was simple. You were allowed to drink the water from there and not take it to home.

These centers were stocked using the money provided by some of the leading industrialists of the state. It was an act of charity because providing water in a thirsty state was the best thing you could do.

You could go to any village or town and still manage to find one such center existing near by.

It is also written in old Indian scripts that charity should go hand in hand with earning of money( which surprisingly was not considered bad in those days). In fact money generated by traders is used to finance the well being of nation and do charitable cause.

Warren Buffet has donated his 90% wealth to charity which is not very different from what industrialists in India did from a long time. In recent years however the donations and charity examples are hard to hear about.

What Warren Buffet is telling Indians is to go back to the roots and be as charitable as possible. A sound advice from man who has practiced what he preaches. He is telling us to follow the path we knew but forgot on the way.

 

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{ 6 comments }

Veronica Cervera November 9, 2011 at 10:22 am

The gap between the rich and the poor is increasing every day. All rich businesses and individuals have the responsibility to bring this gap closer. This ultimately leads to a better world.

Aswani March 28, 2011 at 3:27 pm

hmm…great!

Aswani March 28, 2011 at 1:23 pm

I am in all praise for someone like Warren Buffet. He is doing a fantastic job. Just a day back, I was reading about Bill Gates and his wife getting involved in philanthropic acts here in India. They were on a visit here in a small village in Bihar. The Bill & Melinda Gates Foundation has $80 million worth partnership with Bihar government in health sector. Isn’t it great ?

More and more people here in India need to learn from such greats and should get into these similar acts of charity and philanthropy. Great thought!

Ashvini Kumar Saxena March 28, 2011 at 2:13 pm

Awesome. What you say is 100% correct. It is so tough to give your hard earned money for any cause. But these guys here have set an exceptional examples . When Warren buffet was asked what would he say if corrupt money is used for charity, he replied,”If it gives a vaccine shot to that child, I am fine”. No moral dilemma, only clear vision.

Alka March 25, 2011 at 3:20 pm

Indias poor are more generous than the rich….rich are very insecure ….we also have a tendency to bequeath it all for our children.

Ashvini Kumar Saxena March 25, 2011 at 9:02 pm

Hi Alka
You said it correct. We still have to get to point where we start giving .

Thanks for comments.
Ashvini

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