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Akshaya Patra - Annual Report 2015

The annual report is developed with a purpose of highlighting the effort of ‘Giving every dream a chance’ in addition to encapsulating the progresses and development of Akshaya Patra for the financial year 2014-15.

The annual report is developed with a purpose of highlighting the effort of ‘Giving every dream a chance’ in addition to encapsulating the progresses and development of Akshaya Patra for the financial year 2014-15.

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WHAT DRIVES THE DREAM<br />

GOVERNANCE PHILOSOPHY<br />

The Governance Philosophy at <strong>Akshaya</strong> <strong>Patra</strong> refers to a set<br />

of laws, regulations and good practices that enable an<br />

organisation to perform efficiently and ethically, and<br />

create value for all its stakeholders.<br />

At The <strong>Akshaya</strong> <strong>Patra</strong> Foundation, we are committed to the<br />

belief that adoption of the best governance practices will<br />

take us a long way. It’s also in us to not just aspire to be<br />

a truly world-class not-for-profit organisation, but also<br />

adhere to a governance model that’s world-class.<br />

Our governance practices reflect the culture of the<br />

trusteeship that is deeply ingrained in our value system.<br />

In line with this philosophy,<br />

The <strong>Akshaya</strong> <strong>Patra</strong> Foundation<br />

continuously strives for<br />

excellence through adoption<br />

of best governance practices.<br />

THE CORE PHILOSOPHY RESTS<br />

ON FOUR BASIC TENETS:<br />

• Board accountability to the<br />

Foundation and stakeholders<br />

• Equitable treatment to all<br />

stakeholders<br />

• Strategic guidance and effective<br />

monitoring by the Board<br />

• Transparency and timely disclosure<br />

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