Piramal Foundation "You are what your deep, driving desire is | As your desire is, so is your will As your will is, so is your deed | As your deed is, so is your destiny." Brihadaranyaka Upanishad, IV, 4.5 Inside this book Overview 2 About Piramal Foundation 4 Message from the Founder 6 Message from the CEO – Piramal Foundation 8 Piramal Foundation for 26 Piramal Swasthya 38 Piramal Sarvajal Education Leadership Changing ideas. Changing health. Changing lives. Changing India. Changing India. Changing India. Building leadership capacities High impact solutions to transform Comprehensive solutions for across public schools. the healthcare ecosystem. low- cost drinking water. 10 Message from the CEO 28 Message from the CEO 40 Message from the CEO 12 PFEL: Evolving a new 30 Overview 42 Overview generation of leaders 32 Operations 44 Sarvajal Technology 14 Programs launched in 33 Programs 46 Our Solution Models 18 Gandhi Fellowship 50 Aspirational Districts Transformation Program (ADTP) 54 Education 60 Health 68 Water 74 Our People 76 Our Board of Directors 78 Our Collaborations Statutory Reports Financial Statements 81 Board’s Report 86 Balance Sheet 88 Statement of Cash Flows 87 Statement of Income and 89 Notes to Financial Statements Expenditure We believe that the developed, empowered and enabled India needs to rally forward on the strength of its inherent cultural ethos of seva bhav, infused with the desire to serve others without expecting anything in return. This ethos, innate to our societal values, is the key to uplifting and empowering a Bharat that is underserved today. We have emerged as a platform that connects this Bharat with the basics it needs to transform into a resilient, self-assured and empowered India. The impact of more than a decade of our work in the areas of education, health and nutrition and provision of safe drinking water, is reflected in the growing number of our partners. These include like-minded organisations as well as government institutions and agencies strengthening our confidence as much as our scale and capabilities. Uniquely capable of facilitating nation-wide delivery and transformation, the platform of Piramal Foundation is now robust and ready to action systemic change. It is time to take this proposition to the next level. Our coming together heralds a movement towards enabling the transformation of Bharat as we know it into a strong, capable and resurgent India. Aao Badlein Bharat About Piramal Foundation Piramal Foundation (PF) is a Section 8 company working to evolve a diversified platform to ensure last mile delivery of solutions that are key 4,500 parameters of development. strong team, with projects spread across 25 states Our platform is strengthened by We are extremely driven value‑based strategic partnerships with governments and a large number of to further our legacy of a national and global organisations. We are focused on achieving decade in creating an impact our goals which are aligned closely with the United Nations’ in the key areas of education, Sustainable Development Goals. healthcare and nutrition, and safe drinking water. Our key arms Piramal Foundation has evolved as a comprehensive platform of innovative solutions through our four subsidiary organisations and mission-driven social enterprise. 25 States PFEL works in the niche area of bringing Piramal Swasthya aims to democratise about systemic change in the field of healthcare by making quality primary education leadership. It focuses on the healthcare accessible, affordable and transformation of ‘leaders’ in education. available to all. million It collaborates with governments to 100+ Beneficiaries transform the delivery of education from districts to state level through the School Leadership Development Program (SLDP), District Transformation Program (DTP) and State Transformation Program (STP). Piramal Sarvajal, is a mission driven social enterprise which designs and Piramal Udgam Data deploys innovative solutions for Management Services creating affordable access to safe drinking water in underserved areas. Also known as Virtual Field Support Piramal Sarvajal is at the forefront (VFS) Program, it works to empower of developing technologies and local community women by providing business practices in the water them livelihood. These women are sector by partnering with various trained to leverage technology to enable like-minded organisations and headmasters through headmasters, relevant Government agencies. teachers and Education Officials in improving student learning outcomes. 2 3 Piramal Foundation Annual Review Overview The Piramal values Our core values of Knowledge, Action, Care and Impact are the very essence of our existence. Through our work, we ensure that our efforts and interventions exemplify these values across the board, powering our drive for systemic change at the grassroots level all across India. Knowledge Action Care Impact Expertise Entrepreneurship Trusteeship Performance We strive for a deeper We are empowered to act We protect and enhance the We strive to achieve understanding of our domain decisively and create value interests of our customers, market leadership in scale community, employees, and profitability, wherever partners and shareholders we compete Innovation Integrity Humility Resilience We aspire to do things We are consistent in our We aspire to be the best, yet We aspire to build businesses creatively thought, speech and action strive to be humble that anticipate, adapt and endure for generations Reaching out to Bharat Piramal Foundation for Piramal Swasthya Education Leadership (PFEL) 16 35 14 6 States Projects States Programs 1,953 10.7 Crore 1,056 Employees Beneficiaries Employees Beneficiaries 1,360 schools impacted directly 3,00,000 students impacted directly 80 Million students impacted indirectly State Officials 30,000 directly 4,500+ indirectly Piramal Sarvajal District Officials 300 (two districts) 20 6 1,565 Fellows States Models Touch points 822 (2017 intake) 314 5,95,893 1.91 Employees Beneficiaries Billion litres Alumni served daily dispensed till date 892 Message from the Founder – Piramal Foundation If you see our country, whichever area you touch, there is a problem that needs a solution. These problems range from smaller challenges at the grassroots to major policy and process gaps that require attention. These gaps cannot be addressed by the Government alone, but need our collaborative efforts to be ironed out. Ajay G. Piramal Founder, Piramal Foundation 4 5 Piramal Foundation Annual Review Overview The Bhagavad Gita, Chapter 2, Verse 47 We are privileged because of who we Today, I see a path for invigorating India individual paradigm of ‘leadership in are. We are born in an affluent family towards a better future. As Indians, action’. We are immensely proud of and are educated. Not everyone has this what we need the most is a society that these youth, who are deeply committed luxury. We have a responsibility to share. is actively absorbed with the thought and passionate about going beyond There are several reasons why we should of problem-solving the country’s vast the normal and the expected. They are give. Every scripture or religion you read challenges. Particularly the ones that are becoming the change we want to see in or follow has stated the importance of fundamental to our health and well-being our society. giving back or giving. as a society and our development as a And, for Piramal Foundation to have country aspiring to play an important role My grandfather, Seth Piramal Chaturbhuj the opportunity to create social change in the global future. Makharia, was an inspiration to us. efforts at scale is extremely gratifying. He was not a wealthy man, but shared a Our country is at the crossroads of a We believe not in the ownership but the large proportion of his wealth doing good developmental leap. While India has trusteeship of wealth. We celebrate the for others. If you don’t share your wealth lifted millions out of poverty over the Bhagavad Gita’s wisdom that guides our you are doing a disservice. He began his last decade, there is lot more to be done approach to our field activities. These philanthropy work in the 1920s by laying to alleviate multidimensional poverty. systems, these resources we co‑create, the foundation for the development of While we have succeeded somewhat in are dedicated to achieving public good Bagar, in Rajasthan, our home state. replacing the old world order of systems, in service of the vision propagated by our resources and infrastructure, our public civilisational values. Drawing from his philosophy of seva bhav, infrastructure is yet to begin matching in 2008, we started with a single We hope to further intensify our efforts global standards. program, to transform the quality of in the future by giving them a wider education in public schools by providing Achieving this needs wealth – a wealth scope through our partnerships with leadership training to school principals in of ideas, resources, talent, network governments and other like‑minded the district of Jhunjhunu, Rajasthan. and efforts. I am happy to say that organisations. It is key to our Piramal Foundation has, through its work transformation as a society, which needs That day, we had little clue that we had of over a decade, shown that it can be to grow in order to accommodate the embarked on a new journey as a family achieved with the power of the collective growing aspirations of our people. and as an organisation. A journey of backing it. We support ideas that start philanthropy it was, which would give real Our youth are experiencing an with the people, have the potential shape and form to the Piramal values of upsurge of optimism and it must not of scaling up and can have significant Doing Well and Doing Good. go unanswered. We must seize this impact. Our belief is that if we want to opportunity for growth. We believe Inspired by the philosophy of Karma Yoga, create significant replicable impact, it has strongly that our values of Knowledge, we at Piramal Foundation believe in to be in partnership with governments.