KATHMANDU: Sri Sri University of India has conferred PhD Degree Honoris Causa on Binod Chaudhary, president of Chaudhary Group, for his outstanding contribution in philanthropy. Chaudhary was awarded the honorary doctorate degree at the Second Convocation Ceremony of the University held in Orissa, India, on Tuesday.

The University has appreciated Chaudhary’s contribution in supporting philanthropic activities across Nepal on many levels of social welfare, education, sports, health, and youth empowerment, as per a press statement.

The ceremony was held with special presence of Sri Sri Ravi Shanker, founder of Art of Living International and world-renowned spiritual guru. Chief Minister of Orissa, Naveen Patnaik was the chief guest. Top intellectuals from across India, professors, parents and guardians, and students were present on the occasion.

The honour comes at a time when Chaudhary is supporting philanthropic projects of building 10,000 homes and 100 school buildings destroyed in the April 25 earthquake in Nepal.

Giving high recognition to his contributions, Forbes magazine has put Chaudhary on the cover of September issue of Forbes Asia. In his acceptance speech, Chaudhary stated that education could not be considered complete with acquisition of knowledge.