The Shiv Nadar Foundation, the private philanthropic initiative of HCL founder Shiv Nadar, on Tuesday announced the completion of 20 years in philanthropy.

It also announced that it has committed Rs 3,000 crore for its educational initiatives and expansion over the next five years.

Shiv Nadar said: “The foundation has invested Rs 1,801 crore till March 2013 with an additional expected investment of up to Rs 1,220 crore till the end of current fiscal.’’

He also said that the annual report of the foundation will be released bringing complete transparency and public accountability.

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