Pune: Indrani Balan Foundation and Art of Living Sign MoU for Rs 3 Crore Aid to Schools

Pune, 15th February 2024: The ‘Indrani Balan Foundation’ has pledged Rs 3 crores to assist schools affiliated with the ‘Art of Living Institute.’ A Memorandum of Understanding (MoU) solidifying this commitment was recently signed between the Indrani Balan Foundation and Art of Living in the presence of Spiritual Guru and Founder of Art of Living Institute Sri Sri Ravi Shankar and his sister Bhanumati at the AOL–Triveni Ashram in Pune.

The endeavours of the ‘Indrani Balan Foundation’ in the education sector have led to this collaborative agreement. The foundation will contribute to the construction and improvement of schools in three villages as outlined in the agreement. The support extends to the creation of necessary infrastructure facilities for the students.

Under the MoU, the ‘Indrani Balan Foundation’ will fund the construction of four classrooms, toilets, and classroom infrastructure for the Shikhar Shingnapur School of Art of Living. Additionally, 32-seater school buses will be provided to facilitate transportation for students. Similar facilities, including four classrooms, toilets, and infrastructure, will be established for Art of Living’s school at Dahigaon (Solapur) and the village school of Devachi Jali (Pune). The total estimated cost of these initiatives is Rs. 3 crores.

The initiative aims to swiftly complete the construction projects, ensuring that students can benefit from the improved facilities starting from the upcoming academic year.

Punit Balan, a young entrepreneur and president of the Indrani Balan Foundation, expressed admiration for the extensive social work undertaken by the ‘Art of Living’ under the guidance of Spiritual Guru Sri Sri Ravi Shankar. Balan highlighted the inspiration drawn from the impactful work in spirituality, education, and the environment. The collaboration reflects a shared commitment to contributing positively to society, with a focus on fostering educational opportunities for students in these villages.