Having been an active participant in the management of Sugal
& Damani group I thought it appropriate that I should step
aside and allow the younger generation to take over the reigns
and manage the show. Even though I am not participating in the
nuts and bolts of the business I keep a watchful eye on the
way the succeeding generation is accepting the responsibilities
only coming with a piece of advice when asked for. To my great
satisfaction and pleasant surprise I find that the relatively
younger group at the helm of the business are proving equal
to the task and I have no doubt at all that in the years to
come they will do as good job as I have been doing, but in some
areas would even be doing better. I have given myself the glorious
title of Mentor yielding myself to the luxury of leisure.
Let me confine myself to the areas which broadly fall under
the umbrella of corporate social responsibilities and leave
the details of the business aspects to my younger friends
in the Sugal & Damani Group.
Having said that I cannot restrain myself from briefly touching
on what our Group is doing in the field of the business. Apart
from our major involvements in lotteries, we have a few businesses
which are run successfully by the various participants of
the Sugal & Damani group. These include the Jewellery
business in Chennai engaged solely in delaing with diamonds;
the Travel and Tourism business located in Chennai and Bangalore;
the Real Estate business at Chennai being looked after by
one of the partners; the Stock and Share business which has
taken giant steps in a relatively short time after being started.
Of course, lottery has been the flagship business of the Sugal
& Damani group and we have fine tuned various aspects
of the business over the years, starting from the paper lotteries
to assist a few States in India to garner additional resources
for welfare activities, the Group has now launched a variety
of computer lotteries and have also ventured into foreign
countries enabling the Governments of these States abroad
to gather the resources to meet their own needs. Our attempt
to participate in the bidding process for the UK National
Lottery, though unsuccessful, is a feather in our cap as we
were one of the two final bidders and have every hope of the
being runner sooner rather than later.
Through certain Trusts located in Chennai we have taken up
social service in a significant manner. The Singhvi Charitable
trust helps the visually handicapped by providing treatment
for eye diseases through camps held in rural areas of Tamil
Nadu, which has been found a place in Limca Book of Records
in the year 2009. Needless to add that all the services including
the provision of spectacles are rendered totally free. This
is done through the Singhvi Charitable Trust.
All of us are aware that there are a large number of individuals
and institutions engaged in serving their fellowmen without
any consideration of reward. We felt it necessary that their
services should be identified, nurtured and focused upon,
so that more and more people take up these social services.
This idea had given shape to the Bhagwan Mahaveer Foundation
set up in the year 1994 which provides four Annual Awards
for services of excellent standards specially to the weaker
sections of the community. The awards are meant for such services
in the fields of
1. Non-violence & Vegetarianism
2. Education
3. Medicine
4. Community and social service
The awards carry a cash component of Rs.10 Lacs each and are
made on the basis of nominations received from all over the
country. These nominations are evaluated and decided upon
by an eminent Jury headed at present by Justice Sri M N Venkatachaliah
and other eminent persons. So far we have 35 such Awards to
individuals and institutions spread throughout the country.
This apart we have the Jainsindia Trust established in Chennai
providing monetary assistance in the form of scholarships
to students belonging to the Jain community for helping them
to continue their studies in professional colleges and other
educational institutions.
We also run three educational institutions, one of which
provides education upto Matriculation Hr. Sec. standard and
the other two offering nursery classes. These institutions
have basic well equipped infrastructure and offer quality
education at modest rates.
The partners of the group are also associated with the running
of an Engineering College at Vellore, a place close to Chennai
which offers a number of popular engineering courses.
The latest jewel in our armoury is the setting up of Empathy
Foundation at Mumbai which also provides assistance to the
visually handicapped through eye camps where patients are
provided spectacles free. The Foundation undertakes construction
and renovation of school buildings in Maharashtra, so that
the children in these villages are provided the basic requirement
of education through reasonably furnished schools close to
their residences. The Foundation has adopted ………………villages
and undertakes the provision of drinking water, street lighting
and also provides scholarships where needed in these villages.
The Foundation works in close co-operation with representatives
of the local people through whom grassroots needs of the villages
are ascertained and satisfied to the maximum extent possible.
So far the Foundation has spent …………………….in reconstructing
/ renovating school buildings and has provided scholarship
to ………………………students and distributed ………………………in this regard.
However well intentioned a single individual or an institution
may be, you will agree that the need for basic services particularly
in the field of education and health is so immense that whatever
the individual or institution does will only be a drop the
ocean. The Sugal & Damani Group invites all the like minded
people and institutions to join hands with us, so that by
participating in this noble endeavour we can leave a better
India for the succeeding generations of people.
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