Vijay Mallya bought Ferraris and Lamborghinis in a country where most of the people don’t even have a cycle for emergency. Mukesh Ambani built his dream home Antilla for 1 billion dollars in a country where millions living in slums doesn’t even account for census! We always criticize the lack of altruism among Indian billionaires when compared to the likes of Bill Gates and Ted Turner. ” Rich is getting richer and poor is getting poorer” is true to the hilt in India. But … before criticizing them give a small thought of why cant WE do the same what we expect from them? why cant we be the change we wish to see? when we cant give a couple of hundreds for a social cause how on earth can we expect them to give crores? Umpteen number of times in GD we had discussed the revolution that we need in Indian Education System . It’s time to bring it… We have learned so much during college days. It’s time to pay back and show our gratitude!
Deepam Foundations is an initiative to sponsor the studies of 2 students from ECE every year starting from 2011 academic year.
Your Queries answered here!
Who are all can contribute to Deepam Foundations?
PSG tech , ECE batch 2010 students can contribute. But this rule can be leveraged based on the success on first year.
How much do we need to pay?
As of now, It’s set as 500 per Semester. Strictly not less not more.
How do you keep track of donations, spendings and expenses?
We are going to register this NGO ( Non Governmental Organization ) as a “Charitable Trust”. An HDFC account has been opened to maintain the funds collected and all the members will be posted with the transaction details at the end of every month. At the end of each year a financial statement will be issued to all the donators/members which has the details of donations , spendings and other expenses.
What are the ways to donate?
Every member joining the foundations will be asked to deposit their contribution using the ‘Third Party Transfer (TPT)’ facility available with the Net Banking or by depositing in favour of the account.
Who will get benefit from this?
As of now it’s limited to two economically backward second year ECE students ( one guy, one girl). The scope and number of students can be extended based on the response we get in the upcoming years.
What is the criteria for choosing economically backward students?
- Caste is NEVER a criteria for choosing the deserved candidates.
- It’s not based on the income tax certificate they posses neither an Income/CM scholarship alone makes them eligible for Deepam Foundation scholarship.
- This is an honour system wherein student representative or student sthemselves choose a deserving candidate. When the consensus is reached among students and teachers (thereby we eliminate favoritism) we go ahead and sponsor the students.
- CGPA and Govt aid/ self supporting will also be taken into consideration.
Who takes care of the of Deepam Foundations Finance? or Who is responsible for what?
We haven’t chosen the committee members yet. Please stay tuned to get more info regarding this.
Please feel free to comment and clarify your doubts in the comment section.
Thanks
Deepam Foundations
Putting ur blog to good use
yeah.. Thank you