Indian art community to raise funds for Covid relief via auction


By Siddhi Jain
Mumbai, May 17 |
Amid the second wave of the Covid-19 pandemic in the country, the Indian art community has united to raise funds to assist with the ongoing relief efforts through ‘Art Rises for India’, a 24-hour online fundraiser auction hosted by Saffronart from May 19-20.

According to a statement from the auction house, Art Rises for India features over 120 works of modern and contemporary South Asian art, all of which have been generously donated by artists, gallerists, collectors, and patrons to support the cause.

All the proceeds from the auction, including the reduced buyer’s premium, will be donated to grassroots non-profit organisations such as Goonj, Hemkunt Foundation, YUVA, Dastkar, FICA, Khoj, Street Survivors, Aangan and Charaka, which are working on the ground to provide medical support and daily subsistence to those in need.

The highlights of the fundraiser auction include an untitled work by Amrita Sher-Gil, and a watercolour on paper by Ganesh Haloi, both estimated at Rs 8-10 lakh each; a 2015 oil on canvas by A. Ramachandran, estimated at Rs 7-9 lakh; Gieve Patel’s bronze and wood sculpture Eklavya estimated at Rs 6-8 lakh; as well as significant works by Ram Kumar, Krishen Khanna, K.G. Subramanyan, Thota Vaikuntam and Sudhir Patwardhan, among other artists.

The contemporary section includes a 2017 work on paper by Imran Qureshi titled ‘When I Thought of You’, estimated at Ra 7-9 lakh; N.S. Harsha’s ‘Beginning’ (2019), estimated at Rs 5-7 lakh; a set of two works by Rana Begum, estimated at Rs 3-5 lakh, as well as works by Vivan Sundaram, Alyssa Pheobus Mumtaz, Rathin Barman, Natessa Amin and Gigi Scaria, among others, said the auction house.

Saffronart CEO and Co-founder Dinesh Vazirani said, “We are living in unprecedented times. The harsh reality of the deadly second wave of the COVID-19 virus has compromised the lives of millions across India. All of us have been touched by this tragedy in some way.

“We, the Indian art community, have decided to join forces in raising funds to assist the NGOs doing critical work at the grassroots level, which includes providing medical support, basic amenities and sustenance to daily labourers, migrant workers, street survivors, artists, artisans, craftspeople, and anyone in need.

“This online fundraiser auction has come together thanks to the generous donations of several artists, gallerists, and collectors. As we did with our COVID-19 Relief Fundraiser Auction last year, we hope to raise a significant corpus of funds and do our small part in helping those in need.”

Saffronart had previously conducted a Covid-19 Relief Fundraiser Auction in April last year, a Kerala Flood Relief Fundraiser Auction in August 2018, and had partnered with the Kochi Biennale Foundation for an auction to support flood relief in January 2019.

In 2014, Saffronart hosted an auction on its sister website, which aimed to help rebuild homes and lives of those affected by the floods in Jammu and Kashmir, and a charity auction in 2008 in aid of victims of severe flooding in Eastern India.

The no reserve online auction will take place on from May 19-20.

(Siddhi Jain can be contacted at

Source: IANS

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Does MBA really help in getting a better job offer ?

Does MBA really help in getting a better job offer ?

Most students pursuing an MBA come with the sole objective of having a decent job offer or a promotion in the existing job soon after completion of the MBA. And most of them take loans to pursue this career dream. According to a recent survey by education portal  74% MBA 2022-24 aspirants said they would opt for education loans.

There are exceptional cases like those seeking master’s degree or may have a family business to take care of or an entrepreneurial venture in mind. But the exception cases are barely 1%. For the rest 99%, a management degree is a ticket to a dream job through campus placements or leap towards career enhancements. Stakes are high as many of them quit their jobs which essentially means loss of 2 years of income, apprehension and uncertainty of the job market. On top of that, the pressure to pay back the education loans. Hence the returns have to be high. There is more than just the management degree. Colleges need to ensure that they offer quality management education which enables them to be prepared for not just the demands of recruiters and for a decent job but also to sustain and achieve, all along their career path.

  • So, what exactly are the B Schools doing to prepare their students for the job market and make them industry ready ?
  •  Are B schools ready to deliver and prepare the future business leaders to cope up with the disrupted market ?  

These are the two key questions every MBA aspirant needs to ask, check and validate before filling the MBA application forms of management institutes. And worth mentioning that these application forms do not come cheap. An MBA aspirant who may have shortlisted 5 B Schools to apply for, may end up spending Rs 10,000.00 to Rs 15,000.00 just buying MBA / PGDM application forms.

While internship and placements data of some management institutes clearly indicates that recruiters today have specific demands. The skill sets looked for are job centric and industry oriented. MBA schools which have adopted new models of delivery and technology, redesigned their courses, built an effective evaluation process and prepared the students to cope with the dynamic business scenario, have done great with campus placements despite the economic slow down.

However, the skill set being looked for by a consulting company like Deloitte or KPMG may be quite different from FMCG or a manufacturing sector. Institutes need to acknowledge this fact and act accordingly.

  • Management institutes should ensure that students are intellectually engaged, self motivated and adapt to changes fast. In one word ‘VUCA ready’.
  • B Schools should encourage students to participate in national and international competitive events, simulations of business scenarios.
  • Institutes should have the right mix of faculty members with industry exposure and pure academics.

The placement records of 2021 across top management institutes indicated the fact that recruitment is happening, skilled talent is in demand and certain management institutions continued to attract recruiters even in the middle of an ongoing crisis.

It is time, all management institutes rise to the occasion, understand market realities and identify areas of improvement at both ends – students and faculty.

After all, the stakes are high at both ends. B Schools taking corrective measures will stay while those which are lagging will end up shutting down.

Author Name : Nirmalya Pal


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