Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Principal weighs rupiah swings for any return to Indonesia bonds
    • Gold Stocks Are Supercharging This Forgotten Fund
    • China ETFs See Outflows As Trump Comments Trigger Volatility
    • Two brewers remain in IndyStar’s Beer Bracket. Vote now in the Champion-sip
    • PFI Asset Management launches 1st sponsored mutual fund PFI Cashi
    • Powering the Future of Innovation: Frontier Tech – How Early Investments Are Shaping Tomorrow’s Breakthroughs
    • PFI Asset Management launches first sponsored mutual fund ‘PFI Cashi’
    • SBI raises ₹7,500 crore through Basel III tier 2 bonds at 6.93% coupon
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»2,000 public schools can be constructed in three years with CSR funds, says D.K. Shivakumar  
    Funds

    2,000 public schools can be constructed in three years with CSR funds, says D.K. Shivakumar  

    August 19, 2024


    “We need to create a revolution in primary education in Karnataka. If all companies in the State join hands with the government, then we can fulfill the dream of constructing 2,000 Karnataka Public Schools (KPS) within three years,” said Deputy Chief Minister D.K. Shivakumar on Monday, August 19, while speaking at the ‘CSR Edu Conclave’. 

    The conclave was held as a part of the government’s ongoing initiative to attract more CSR funds for the education sector. The DCM stressed the need to provide quality education in rural areas so that urban migration for the sake of education can be stopped. 

    “Our government is introducing a programme called ‘Samatva’ for the construction of KPS. We will provide contractors, architects, and all other technical support to the companies who will build the schools. They can construct the schools based on their designs with suggestions from the government,” Mr. Shivakumar said. 

    He also said, “There are 43 big companies in Karnataka, and they have declared profits to the tune of ₹4,08,000 crore. Their CSR fund amounts to ₹8,630 crore and they spend ₹6,600 crore on education. Just 50 companies can contribute up to ₹10,000 crore in CSR funds. If all the other companies can join, the funds can increase even more.” 

    Mr. Shivakumar said that the companies can choose any one of the 2,000 available locations in rural areas except district and taluk centres to construct schools.  

    Azim Premji to give ₹1,500 crore for egg distribution 

    The Deputy Chief Minister said that Azim Premji will be providing ₹1,500 crore for the distribution of eggs. “They have asked us to give them full responsibility for Yadgir and Kalaburgi districts (for distribution). Toyota company has constructed toilets in 300 schools in Ramanagara district and now they will also be developing five to six schools. It does not have to be just one company doing all the work. Many companies can work together,” he said.  



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    UK’s biggest pension funds join forces with government to launch Sterling 20 initiative

    October 20, 2025

    Urgent funds needed to save 142-year-old Suffolk football club

    October 19, 2025

    12 Best Beaten Down Stocks to Buy According to Hedge Funds

    October 19, 2025
    Leave A Reply Cancel Reply

    Top Posts

    The Shifting Landscape of Art Investment and the Rise of Accessibility: The London Art Exchange

    September 11, 2023

    Charlie Cobham: The Art Broker Extraordinaire Maximizing Returns for High Net Worth Clients

    February 12, 2024

    The Unyielding Resilience of the Art Market: A Historical and Contemporary Perspective

    November 19, 2023

    Principal weighs rupiah swings for any return to Indonesia bonds

    October 20, 2025
    Don't Miss
    Bonds

    Principal weighs rupiah swings for any return to Indonesia bonds

    October 20, 2025

    JAKARTA: Principal Asset Management fund is keeping a close eye on the rupiah after selling…

    Gold Stocks Are Supercharging This Forgotten Fund

    October 20, 2025

    China ETFs See Outflows As Trump Comments Trigger Volatility

    October 20, 2025

    Two brewers remain in IndyStar’s Beer Bracket. Vote now in the Champion-sip

    October 20, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Janney Montgomery Scott LLC Has $2.63 Million Stake in Innovator Laddered Fund of U.S. Equity Power Buffer ETFs (BATS:BUFF)

    July 13, 2024

    31 Halloween Sips & Sweets To Pair With Your Spooky Movie Marathon

    October 17, 2024

    Tiger Royalties And Investments nomme Jonathan Bixby au poste de PDG

    May 5, 2025
    Our Picks

    Principal weighs rupiah swings for any return to Indonesia bonds

    October 20, 2025

    Gold Stocks Are Supercharging This Forgotten Fund

    October 20, 2025

    China ETFs See Outflows As Trump Comments Trigger Volatility

    October 20, 2025
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    ₹10,000 monthly SIP in this mutual fund has grown to ₹1.52 crore in 22 years

    September 17, 2025
    © 2025 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.