The Jamsetji Tata Trust has pledged £1.8 million to the London School of Economics and Political Science (LSE) to support research collaboration between LSE and the Tata Institute of Social Sciences in India (TISS).
The new alliance was announced at a public event on 'Sustaining Growth and promoting inclusion in India's Economy and Society' at LSE on Tuesday 26 June. The memorandum of understanding between LSE, the Jamsetji Tata Trust and TISS for research collaboration was signed at LSE on Wednesday 27 June.
Speaking at the event were Professor Stuart Corbridge, head of the Development Studies Institute at LSE; Mr Anwar Hasan, managing director of Tata Ltd UK; Professor S Parasuraman, director of the Tata Institute of Social Sciences; and Professor Sir Nicholas Stern, IG Patel Professor of Economics and Government and director of the India Observatory at LSE.
Professor Lord Meghnad Desai, an emeritus professor of LSE, chaired the event.
The Tata Institute of Social Sciences is a Deemed University by the University Grants Commission and was the first school of social work in India.
Professor Sir Nicholas Stern, director, India Observatory at LSE, said: "We are very grateful to the Jamsetji Tata Trust for this generous pledge. LSE's association with the TATA family dates back almost a century, and this pledge further strengthens this relationship by supporting collaborative research between academics at LSE and the Tata Institute of Social Sciences."
Mr Batliwalla, secretary and chief accountant, Jamsetji Tata Trust, said: "What distinguishes the Tata Trust is not only to give, or the extent or range of the giving, but the character of the giving. The Tata Trust fosters and pioneers initiatives for new types of research and services to the society. For the Tata Trust, a large programme, carefully designed and executed to advance knowledge is the major objective."
Prof Parasuraman, director, Tata Institute of Social Sciences, said: "I feel deeply privileged to be present here today to mark the commencement of a new, and what promises to be an exciting and fruitful, intellectual partnership between two highly distinguished institutions, the London School of Economics and Political Science and the Tata Institute of Social Sciences".
TATA Sons: LSE's association with the TATA family dates back to research funds obtained through assiduous pursuit by the founders Sidney and Beatrice Webb in 1912. The gift by the Sir Ratan Tata Foundation made the development of applied social studies possible. The bequest was renewed in 1996 into Sir Ratan Tata Fellowship at LSE and several South Asian young scholars had benefited from the support. The Sir Ratan Tata Trust is also supporting five Master's scholarships for Indian students at LSE in 2007.
In order to widen the horizon of TATA-LSE relationship in the context of global integration of knowledge and cutting edge social research, the Jamsetji Tata Trust wishes to support academic alliance between LSE and the Tata Institute of Social Sciences, an institution originally established by Sir Dorbaji Tata Trust in 1936.
Tata Institute of Social Sciences is a Deemed University by the University Grants Commission. TISS has worked for the promotion of sustainable, equitable and participatory development, social welfare and social justice through its teaching, research, policy advocacy, field action and extension work. TISS has nearly 120 faculty members who work closely with government bodies, academic institutions, NGOs and activist groups, bilateral and multilateral agencies, media and communities in various initiatives. TISS offers academic programmes in social work, personnel management and industrial relations, hospital and health administration and social sciences.
LSE: The School is working to renew and develop our strong links with Indian academic institutions, government and corporate bodies to foster knowledge exchange and capacity building as well as contribute to the debate on broader policy issues.
Professor Sir Nicholas Stern rejoined LSE in June 2007 as the first holder of the IG Patel Chair, heading the new India Observatory within the Asia Research Centre.
The India Observatory is being established at LSE in 2007 will play a key role in progressing academic partnerships with India, to foster Indian academic talent, to promote a vibrant intellectual engagement between the UK, Europe and India, and to participate in wider international research networks with partners in Asia and beyond, as well as facilitating research training and graduate exchange.
The Hindu, India
LSE promised Jamsetji Tata Trust largesse
The Jamsetji Tata Trust has pledged £1.8 million to the London School of Economics and Political Science (LSE) to support research collaboration between the LSE and the Tata Institute of Social Sciences in India.
28 June 2007