He founded Bharatiya Jnanpith on February 18, 1944 at the suggestion of many scholars who had gathered at Varanasi for All India Oriental Conference. He was the Trustee-Founder and his wife Rama Jain was Trustee-president. Since 1965 Bharatiya Jnanpith has been awarding Annual Literary Award Jnanpith Award of Rupees One Lakh and Fifty Thousand, for the best creative Indian Literary work of a specified period.
He took over from his father-in-law Ramkrishna Dalmia, the Rohtas Industries Ltd. at Dalmianagar in Bihar. Under his stewardship, Dalmianagar, developed into a massive industrial town with factories producing sugar, cement, paper, chemicals, vanaspati etc. employing top professionals of the country. Dalmianagar boasted of vast & beautiful housing colony, gardens, schools, clubs, market complexes etc. for its employees. Rohtas Industries had their own private aircraft in those days and a small air-field near Dalmianagar.
He acquired Bennett, Coleman & Co. Ltd. in 1948, which has emerged as the influential The Times Group of India.
Read more about this topic: Sahu Shanti Prasad Jain
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Famous quotes containing the word career:
“In time your relatives will come to accept the idea that a career is as important to you as your family. Of course, in time the polar ice cap will melt.”
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