In the early 90s, when India was ensnared by massive unemployment and poverty while a deep economic crisis was unfolding at the global front, Late Shri Dwarka Prasad Agarwal instituted Vedanta Foundation, philanthropic arm of the Vedanta Resources. The Foundation was established on September 15, 1992, with an objective to mitigate economic problems which were at play in the country at macro level. The primary motive of the Foundation was to create and stir employment opportunities for the underprivileged and unskilled youths, giving them a chance to emancipate themselves and their successive generations.
For this, Late Mr. Agarwal, lovingly called Babuji, laid the foundation of the Vedanta Foundation, under which numerous vocational training centers and educational institutions were established to facilitate change in the social dynamics of the country.
Since then, the Foundation has been actively involved in making education and skill development available and accessible to all. The major thrust has been given to making people self reliant by providing them opportunities related to livelihood and employment.
Currently, the Foundation has two verticals: Shiksha and Rojgar. The Shiksha vertical caters to students who are pursuing their education and degree courses with the Foundation. Rojgar vertical caters to the unskilled, undereducated, and uneducated youths. Vedanta Foundation is running three esteemed colleges, affiliated to deemed universities; one school; and a pilot project called Vedanta Rojgar Yojana.