Ethical standards and value systems' of Tata group must stay intact: Ratan Tata
Q: Ratan Tata Trust will be completing 125 years of its existence, the first of the trusts. When you look back at the work that the Tata trusts have done what are you feeling? What ignites this feeling of compassion and giving back?
I have a great sense of pride that over 125 years, Sir Ratanji Tata left his legacy to philanthropic causes, followed by his brother Sir Dorab Tata when he passed away -- he did exactly the same. Over the years, the Tatas have been structured by the holding company or the proprietors’ ownership being held by two charitable trusts. Over the years there was an increase in the number of charity trusts that were created to work on the disparities that one found in the country, that time a colonial country, and to work for the common good of the common man.
This was a different thing, it set up cancer hospitals, schools, institutions of that nature. It did also dealt heavily in terms of individual hardships. So, through the years, the trusts have dealt with individual hardships, they have given scholarships to students. We have had past Presidents of India who had been scholars of those Tata Scholarships. We have created institutions which stand today, like the Indian Institute of Sciences -- the trusts did not set that up, Jamsetji Tata set that up
Q: There is an interesting anecdote about the conversations that Jamsetji Tata had with Swami Vivekananda aboard a ship?
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