Education needs more capital, fewer curbs: Noel Tata
Tata Trusts chairman Noel Tata questioned restrictions on for-profit education, arguing they discourage investment in India's higher education sector.
Tata said India spends heavily sending students to the US and Europe, and needs more world-class institutions to retain talent.
Tata announced Tata Trusts plans to build 40-50 not-for-profit general hospitals across India, with three locations identified.
The hospitals will use a cross-subsidy model, charging commercial rates for 20-30% of rooms to subsidize care for other patients.
Tata called for more rigorous measurement of philanthropy's impact, questioning vague claims of 'touching' lives.
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Times of India
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