Infosys announces Rs 1.5 crores Aarohan Social Innovation Awards (ASIA) to push innovation in social work
Recently, Infosys Foundation announced Rs 1.5 crores Aarohan Social Innovation Awards (ASIA) to push innovation in social work following increase in funds under the government rules. The awards would be given in six categories including healthcare, rural development and destitute care. The purpose of the awards is to recognise and reward individuals, teams or NGOs that are developing unique solutions for the social sector that have the potential to positively impact the underprivileged in India, at scale. The application for the first edition of the awards would be available from October 15 till this year-end. Participants can submit entries describing their work in the form of videos that can be uploaded on the Aarohan social innovation awards website. Under the government rules, it is mandatory for certain categories of company to spend, in every financial year, at least 2% of the average net profits made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility (CSR) policy.