In a lively webinar on ‘how sport can change the world’, initiated by Olympic champion Abhinav Bindra on Monday, Prof. Yunus shared his experience and views on tapping the power of sports. Prof. Yunus revealed that he had given the 2024 organisers a simple formula that every single penny of their €7 billion budget should have a “social purpose”. One Olympics can transform the society,” said Prof. Yunus. When queried by the Madhya Pradesh Sports Minister, Yashodara Raje Scindia, Prof. Yunus said that it was equally important to support those who don’t succeed in sports. Collective goodExplaining the difference between business, charity and social business, Prof. Yunus emphasised that the thought of “collective good” was as much part of human beings, as “self interest”.

Source: The Hindu July 06, 2021 17:17 UTC