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Srttannualreport2009-10.Pdf June 9, 2010 MESSAGE The year 2009-10 saw India coming to grips with economic growth, on the one hand, coupled with inflation, especially in foodgrains, as a result of a poor monsoon, on the other. Amidst this scenario, the Trusts continued their focus on promoting agricultural dynamism in different parts of the country, through projects under the thematic area of Rural Livelihoods & Communities. Efforts, buoyed by techniques such as Integrated Pest Management, have shown encouraging results and integration of agricultural activities with microfinance as well as ensuring markets for different crops helped to stabilize the condition of the farmers inspite of drought. Taking forward the learnings from the success stories of our projects, the Trusts are now attempting to replicate these in the Vidarbha region of Maharashtra, where distress has driven several farmers to suicide. Consequently, the Trusts have collaborated with the Government of Maharashtra and the International Fund for Agriculture Development to create the ‘Convergence of Agricultural Interventions in Maharashtra Program’ that will reach out to 286,000 households across 1,200 villages, spread over the six distress districts of Vidarbha through end-to-end projects, covering all aspects, ranging from production to availability of credit and development of markets for farmers. Providing potable water and promoting sanitation in order to enhance the health of rural communities also constitutes an integral part of the Trusts’ grant making efforts. Within the Drinking Water and Sanitation programme, community and individual based drinking water interventions are dovetailed with sanitation and hygiene education. Partnerships have been formed or are in the pipeline with several leading American Foundations for collaborative drinking water projects across India. Continuing the trend that has been set over the past several years, disbursals made by the Trusts touched an all time high of Rs. 1.69 billion (US $ 38.52 million). I wish to commend the entire staff for their unstinting efforts that have contributed to the performance of the Trusts, whilst helping transform Sir Ratan’s vision and aspirations into reality. Ratan N. Tata Chairperson SIR RATAN TATA TRUST Board of Trustees Mr. R. N. Tata (Chairperson) Mr. H. N. Sethna Mr. N. A. Soonawala Mr. J. N. Tata Mr. K. B. Dadiseth Mr. R. K. Krishna Kumar Ms. S. K. Bharucha Secretary & Chief Accountant Mr. F. J. Gandavia Programmes Manager Mr. A. Pandhi ANNUAL REPORT 2009-2010 REPORT ANNUAL Statutory Auditors Mr. D. J. Thakkar M/s Jayantilal Thakkar & Co. T Chartered Accountants S RU Internal Auditors Deloitte Haskins & Sells T Chartered Accountants Solicitors Mr. J. N. Mistry, Partner A T A M/s Mulla & Mulla & Craigie Blunt & Caroe T Our Bankers State Bank of India, Main, Mumbai ICICI Bank, Fort, Mumbai A T A N Standard Chartered Bank, Mumbai R Bank of Baroda, Fort, Mumbai HDFC Bank, Fort, Mumbai Barclays Bank PLC, Mumbai Axis Bank, Napean Sea Road, Mumbai A V A J B A I NAVAJBAI RATAN TATA TRUST N Board of Trustees Mr. R. N. Tata (Chairperson) T & S Mr. N. A. Soonawala Ms. S. N. Tata RU Mr. H. D. Malesra T Mr. J. N. Mistry A T A Statutory Auditors Mr. D. J. Thakkar T M/s Jayantilal Thakkar & Co. Chartered Accountants Internal Auditors M/s Aneja Associates A T A N Chartered Accountants R Solicitors Mr. J. N. Mistry, Partner S I R M/s Mulla & Mulla & Craigie Blunt & Caroe Our Bankers Standard Chartered Bank, Mumbai Barclays Bank PLC, Mumbai The Zoroastrian Co-operative Bank Ltd., Fort, Mumbai 4i Vision The Trusts’ Vision Sir Ratan Tata’s thoughts, in 1913, on the manner in which the Trust’s funds could be used: “… for the advancement of Education, Learning and Industry in all its branches, including education in economy, sanitary services and art, or for the relief of human suffering, or for other works of public utility….” ANNUAL REPORT 2009-2010 REPORT ANNUAL “To engage qualified and competent persons to investigate into matters that T S pertain to the social, economic or political RU welfare of the Indian community, the T object being to design schemes of a A T A practical nature calculated to promote the T welfare of the said community, care being taken that such work is not undertaken A T A N from the stereotyped point of view but R from the point of view of fresh light that is thrown from day to day by the advance of science and philosophy on problems of A V A J B A I human well-being…” N T & Further, he also directed that: S RU “No experiment and no venture should T be aided or undertaken unless the scheme A T A thereof is carefully prepared…” T Sir Ratan Tata “No institution or organisation should be aided of which the accounts are not subject to periodic A T A N audits and are not regularly issued and which would not be open to inspection and examination…” R S I R 5ii Reflections Of Days Gone By... Sir Ratan Tata and his wife, Lady Navajbai, till Jamsetji passed away in 1904. A year or ANNUAL REPORT 2009-2010 REPORT ANNUAL were connoisseurs of art and their passion so later, Sir Ratan shifted to ‘ Brightlands’ for collecting paintings, jade and other at Marine Lines, a two-storied building T S artifacts through their travels world-wide belonging to the Bombay United Building RU is well known. Most of these adorned the Company Limited, a private limited T stately properties that were to be his homes company, of which the Tatas were the sole A T A during his lifetime. shareholders. T Sir Ratan, along with his elder brother But then, Sir Ratan had always nursed Sir Dorab, lived with their father Jamsetji that desire to build a home of his own…. A T A N R Tata in Esplanade House (at Rampart Row) and it was in Bombay, circa 1912, that he A V A J B A I N T & S RU T A T A T A T A N R S I R Tata House, circa 1955. iii6 Reflections commenced on transforming that desire into and Plaster of Paris during the course of the reality. The plans for this palatial mansion, construction. to be named Tata House, situated at Waudby The entire frontage of Tata House was Road (a stone’s throw from the magnificent built in Amnagar stone, obtained from the Victoria Terminus), were prepared in Paris erstwhile princely state of Idar (now part of by the French architect Mon. Maurice, who Gujarat), at a cost of Rs. 13 per cubic foot. also prepared all the details of the interiors The design of this palatial structure was of the building. Full size plaster models of inspired in part by the famous ‘Petit Trianon’ ANNUAL REPORT 2009-2010 REPORT ANNUAL columns, ceilings, etc. were sent from Paris at Versailles. Frederick Williams Stevens, and meticulously replicated in stone, marble who designed the famous Victoria Terminus T S RU T A T A T A T A N R A V A J B A I N T & S RU T A T A T A T A N R S I R Exquisite objects of art adorning the drawing room in Tata House. 7iv Reflections building, was appointed as architect by Sir Sir Ratan personally attended to all Ratan to build the house, construction of the details throughout the period of which was interrupted on several occasions construction and shifted into the property due to World War 1. A lot of the material around end 1915. Tata House was built at used in this building was imported from a cost of a little over one million rupees…a France. Interestingly, the entire railing on princely sum in those days indeed! the periphery of the property and the big Unfortunately, Sir Ratan was destined to ornate gates were made at the Tata Iron live in his new home for a brief span of ANNUAL REPORT 2009-2010 REPORT ANNUAL and Steel Works at Jamshedpur – a fact twelve months. His health took a turn for T that Sir Ratan would always mention with the worse and in October 1916, he left for S overwhelming pride. England for treatment, never to return. RU T A T A T A T A N R A V A J B A I N T & S RU T A T A T A T A N R S I R View of the Library in Tata House. 8v Reflections Shortly after Sir Ratan’s demise in 1918, Persia, Europe and India. The materials Lady Navajbai returned to India and lived range from porcelain and glass to bronzes, in Tata House for the rest of her life, with textiles, arms, woodwork, lacquerwork, style, elegance and dignity. Sir Ratan’s jades and other precious stone, snuff bottles art collection, valued at approximately and ivories. 1 Rs. 500,000 (at that time), was handed Nearly a hundred years later, in keeping over by Lady Navajbai to the Prince of with the artistic sensitivities and the vision Wales Museum, Bombay, in 1921 as per his of Sir Ratan, the Trusts continue to support ANNUAL REPORT 2009-2010 REPORT ANNUAL directives. organisations that energize traditional and The collection is currently displayed at contemporary art forms in the country, T S the Museum and bears testimony to Sir besides supporting institutions that restore RU Ratan’s fine taste of art and of course, his ancient works of art, thereby preserving our T generosity. The collection covers a variety of glorious legacy for future generations. A T A antiquities from China, Japan, Tibet, Nepal, T A T A N R A V A J B A I N T & S RU T A T A T A T A N R S I R (The Trust would like to extend its gratitude to the Tata Central Archives, Pune, for proviing inputs and photographs) 1Desai, Kalpana (2001) The Tata Collection of Chinese Antiquities; Trustees, Prince of Wales Museum of Western India, Bombay.
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