Advertisement
Saturday, Oct 23, 2021
Outlook.com

A Corp’s New Clothes

Garments giant Kitex rolls out freebies, wins panchayat polls in Kerala

A Corp’s New Clothes
Sivaram V.
A Corp’s New Clothes
outlookindia.com
-0001-11-30T00:00:00+05:53

On the outskirts of Kochi, as the sun dips below the lush green trees of Kizhakkamba­lam panchayat, the ‘anthi cha­nda’ (night market) run by Twenty20, the corporate social responsibility wing of the Rs 1,500-crore textile major, Anna-Kitex group, is buzzing with activity. After the local body polls, it is the first time the night market is opening to the public and an electrifying frisson runs through the stalls. Twenty20, which ent­ered the electoral fray in the local body elections, literally saw the takeover of the Kizhakkambalam panchayat by the corporate house winning 17 of the 19 seats.

For the first time in the country, a corporate house not only chose to be a direct participant in electoral democracy but has also won the election, taking over control of a panchayat in the process.

Companies everywhere have traditionally helped politicians and political parties by funding them overtly or covertly. And ever since the law made it mandatory for companies of a particular size and turnover to set aside two per cent of its profits for CSR...

Advertisement

Outlook Newsletters

Advertisement
Advertisement
Advertisement

Read More from Outlook

Smoke And Mirrors: NCB’s Panchnama In Aryan Khan Case Hides More Than It Reveals

Smoke And Mirrors: NCB’s Panchnama In Aryan Khan Case Hides More Than It Reveals

NCB’s methods are under the scanner as experts punch holes in ‘panchnama’, arrest memo.

Drugs, Bollywood And Politics: The Dark Underbelly Of Mumbai

Drugs, Bollywood And Politics: The Dark Underbelly Of Mumbai

Intertwining threads connect the business in illegal drugs with the city’s high and mighty.

T20 World Cup, Live: Bowlers Help Australia Dominate South Africa

T20 World Cup, Live: Bowlers Help Australia Dominate South Africa

Follow live updates and cricket scores of Australia vs South Africa, ICC Men's T20 World Cup match in Abu Dhabi.

Kashmir: Amit Shah Meets Family Of Slain Cop, Reviews Security On First Visit Since Article 370 Abrogation

Kashmir: Amit Shah Meets Family Of Slain Cop, Reviews Security On First Visit Since Article 370 Abrogation

Amit Shah offered his condolences to the family and handed over documents of appointment to a government job to the deceased police officer Ahmad’s widow, Fatima Akhtar.

Advertisement