Adani Group’s Generous Contribution to Telangana’s Young India Skills University
On October 18, Adani Group, through its CSR arm Adani Foundation, donated Rs 100 crore to Telangana for the establishment of the Young India Skills University. This was announced by the Telangana Chief Minister’s Office on social media. The donation was handed over by a delegation led by Adani Group Chairman Gautam Adani to Telangana Chief Minister Revanth Reddy.
Support for Skill Development
Gautam Adani assured continued support for the state’s skill development initiatives aimed at empowering youth. The university will offer courses in healthcare, pharmaceuticals, and artificial intelligence, starting this year after the Dasara festival. Initially, classes will be held at the Engineering Staff College of India (ESCI).
Industry Collaboration
Several companies, including Apollo, AIG, Lenskart, Flipkart, Amazon, All Cargo, Pro Connect, and O9 Solutions, will offer courses and conduct classes. The university plans to train 2000 youth in its first year. Industrialist Anand Mahindra chairs the university board.
Government and Industry Partnership
In September, CM Reddy called on industrialists to partner in creating a Corpus Fund for the university’s management. The government has allocated 150 acres of land and Rs 100 crore for the university’s development. The Adani Foundation has been committed to social investments in India since 1996.
Doubts Revealed
Gautam Adani -: Gautam Adani is a very rich businessman from India. He is the chairman of the Adani Group, which is a big company that does many things like building ports and producing electricity.
Rs 100 Crore -: Rs 100 Crore is a very large amount of money. In India, ‘Rs’ stands for Rupees, which is the currency used in the country. 100 Crore means 1,000 million rupees.
Telangana -: Telangana is a state in the southern part of India. It was formed in 2014 and its capital city is Hyderabad.
Young India Skills University -: Young India Skills University is a new university being set up in Telangana. It will help young people learn new skills, especially in areas like healthcare, pharmaceuticals, and artificial intelligence (AI).
Dasara festival -: Dasara, also known as Dussehra, is a popular festival in India. It celebrates the victory of good over evil and is usually marked by various cultural events and celebrations.
Engineering Staff College of India -: The Engineering Staff College of India is a place where engineers can learn and improve their skills. It is located in Hyderabad, Telangana.
Apollo -: Apollo is a big company in India that runs hospitals and provides healthcare services. They are known for their medical expertise and facilities.
Amazon -: Amazon is a very large company that started in the United States. It is known for selling many different things online and also provides technology services.
AI -: AI stands for Artificial Intelligence. It is a type of technology that allows computers to think and learn like humans.
150 acres -: 150 acres is a measure of land area. It is a large piece of land, about the size of 113 football fields.