Business Standard
Tuesday, Feb 07, 2012
drived banner
drived banner
  Advanced Search
RSS
Content Guide
Follow us on  
||Companies & Industry||||||| 
 Section Home | News Now | Today's Paper | Q&A | People in the News | Industry News | Features | The Compass | Research & Analysis | Opinion | Corporate Results
Home > Companies & Industry Live Markets | Commodities
 

'Corporate houses must lend a hand to improve literacy'
BS Reporter / Chennai/ Hyderabad Sep 09, 2010, 00:03 IST

The biggest challenge for implementation of various literacy programmes is incentives or monetary sops for the volunteers who are involved in the missions, according to D Purandeswari, Union minister of state for human resource development.

“Keeping in view the spirit of volunteerism, there is an opinion that volunteers should not be paid any honorarium or cash incentives. But the volunteers do expect some kind of incentives for their contribution to the cause,” she said, at a meeting with the CEOs of corporate houses and companies organised by the Confederation of Indian Industry (CII) here on Wednesday.

Stating that the corporate houses need to come forward to fill the gap between the government and volunteers, Purandeswari said companies, under the corporate social responsibility initiatives, need to adopt a few villages and encourage them by offering incentives.

“The Cabinet had approved a proposal to set up a fund for literacy – Rashtriya Saaksharata Kosh. The fund proceeds will be utilised to give performance-based rewards to literate achievers,” she said, adding that once the fund was set up, the private sector would also come forward and contribute to it.

Earlier, in her earlier remarks, Shobana Kamineni, past chairman of CII-southern region and executive director of Apollo group of Hospitals, opined that public-private partnerships in the education sector could be an effective tool to attract the much-needed private sector participation into the higher education segment, without diluting the regulatory oversights of the government and other regulators.

New Ipad Application :Business Standard's all new IPad App
Click here to download for free
Arrow Other Stories     
- Markets end 5-day winning streak, Sensex down 85 pts
- Gold traders shun new deals, see fresh price dips
- Manappuram Finance shares tank 20% on RBI warning
- Badal seeks tax exemption for road safety projects in Budget
- Airline stocks soar on GoM nod for direct fuel import
  Read Business news in 
- Save over Rs.3000 with IndianOil Citibank Card
- Now property search gets more exciting than ever before!
- Financial Learning now made easier and more convenient.
- Be part of it The World's Largest Aircraft.
- Office 365 for professionals and small businesses.
- Only Developer to give a guarantee on time space & rate.
- Buy Your Property with Our Triple Guarantee in India.
- Improve Patient Care & Experience. Click here to know more
- Are You Serious About Your Future? Click here to know more
-  Introduce a New Automotive Luxury Car.. know more
- Making lives better through Social Innovation Business..
Sorry, comments to this story are closed
Latest Messages
SmartInvestor+ E-zine
  Pay Rs.747/- for 3 years and
  get a branded watch FREE

  Subscribe Now
Most Popular
Read
E-Mailed
Commented
   
- HUL: Signs of a slowdown
- Viom chief quits as graft controversy snowballs
- Nilanjana S Roy: How to be a journalist
- Surinder Sud: The foot-and-mouth scourge
- We will exit Vodafone in 12-18 months: Ajay Piramal
 
 More  
BUSINESS STANDARD INDIA 2012
  Now available at Special price
  Rs.395/- Only
  Buy Now
  Now available on the Kindle Store...
  BS Specials  
    Full coverage of elections in Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa
 
  Member Area Write to the Editor RSS Archives Advanced Search
  Subscribe to BS print product BS e-paper Newsletter Portfolio Tracker
  BS Products BS Hindi BS Motoring BS Books
FOR HOT PRODUCTS
BS Bazaar.com
Home | Markets & Investing | Companies & Industry | Banking & Finance | Economy & Policy | Opinion
Life & Leisure | Management & Marketing | Tech World
About Us | Partner With Us | Code of Conduct | Careers | Advertise with us| Terms & Conditions | Disclaimer | Contact Us