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Managers open wallets for poor kids

- B-school alumni to pool funds to train teachers & lower dropout rates

Junk the image of fat-cat corporate honchos who are only bothered about their next big raise or foreign junket. Meet the managers who care.

Members of Jamshedpur chapter of XLRI Alumni Association have decided to chip in and pool in resources to ensure that needy children don’t leave schools.

Nearly 700 ex-students of the premier B-school, living in the steel city, have decided to conduct capacity building sessions for teachers of schools that impart education to the poor.

The teachers, in turn, will counsel the students and motivate them to continue with their education.

This apart, the alumni members also plan to hold career counselling sessions for students in colleges and higher education institutions so that the youngsters don’t get frustrated over their failure to land jobs.

“We want to do whatever we can for society, using the combined strength of XLRI alumni association members in the steel city. For this purpose, we will take up socially relevant projects,” said Sanjay Verma, secretary of the Jamshedpur chapter of XLRI Alumni Association and general manager, HR, at Tata Motors.

Verma was speaking to mediapersons on the sidelines of the maiden annual meeting of Jamshedpur alumni members at XLRI on Saturday evening.

XLRI Alumni Association’s Jamshedpur chapter has also started an e-donation drive through Digital Literacy Mission, which provides education to poor children across different parts of the city.

“Members of the alumni association will list the items they would like to donate on website Volunteers of the mission will then collect it from them. Money can be directly transferred to the mission’s bank account,” Verma added.

Verma further clarified that this would be separate from the endowment fund, which was created in 2012 to provide scholarship to MBA aspirants who successfully cleared XAT (Xavier Aptitude Test) but were unable to pursue the management course due to financial constraints.

Notably, the Jamshedpur members have already contributed Rs 25 lakh in the endowment fund till now.

“The scholarship will start from next academic year for the cradle’s two flagship programmes — business management and human resource management. We are happy with Jamshedpur’s contribution,” said Ranaveer Sinha, national president of XLRI Alumni Association, who also resides in the steel city.

“To start with, we will select two students in each of the streams. Maybe we will increase it in future,” said Sharad Sarin, chairperson of the XLRI Alumni Association.

The association already sponsors the graduation of as many as 10 tribal students at XITE, Gamharia.

This will be the first time when it will sponsor XLRI students.