120-year-old Kerala school gets makeover, becomes case study in UK university
KOZHIKODE: Government Vocational Higher Secondary School for Girls (GVHSS), Nadakkavu, that witnessed a massive transformation under the PRISM (Promoting Regional Schools to International Standards through Multiple Interventions) project of the state government and Faizal and Shabana Foundation, will soon gain recognition on global platforms.
The redevelopment of 120-year-old school has now been taken as a case study on ‘Venture Philanthropy in Education’ by Dr Sreevas Sahasranamam, a Chancellor’s Fellow at the Hunter Centre for Entrepreneurship at University of Strathclyde, Glasgow, UK. Venture Philanthropy refers to an adventurous approach to fund unpopular social causes. The case study titled ‘Faizal & Shabana Foundation: A Venture Philanthropic Approach to Education’ will also be taught in some of the classes on corporate entrepreneurship at the university.
The study covers the refurbishment of school through philanthropic investments made by the Faizal and Shabana Foundation and the execution of the project amidst challenges. The Faizal and Shabana Foundation in collaboration with the state government had developed the PRISM project to improve the standards of government schools. GVHSS Nadakkavu was the flagship school renovated as part of this programme.
The holistic makeover included an infrastructural transformation with new classrooms, toilets, multipurpose hall and astro-turf covered sports field, among other improvements.
Faizal Kottikollon is the Founder and Chairman of KEF Holdings, a diversified company with operations in the Middle East, India, and Singapore. Faizal is also a member of the Indian Prime Minister Narendra Modi’s prestigious panel of Champions of Change for Infrastructure. A humanitarian at heart he is the Co-founder and Director of the Faizal and Shabana Foundation that is giving back by creating sustainable initiatives to build a more equitable society.
Shabana Faizal is Vice Chairperson of KEF Holdings and Co Founder and Vice Chairperson of Faizal and Shabana Foundation. She is the daughter of B.Ahmed Haji Mohiudeen, a well known entrepreneur in Mangaluru.
With inputs from: The New Indian Express
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India lifts export ban on broken rice, global prices may fall
New Delhi: The Indian government has lifted the export ban on broken rice, a decision that may lead to a drop in global rice prices.
The government has lifted the export ban on broken rice to promote its shipments. "Export policy of broken rice has been amended from prohibited to free with immediate effect," the notification by Directorate General of Foreign Trade (DGFT) read.
The Ministry of Commerce and Industry mentioned in a notification that India would permit 100 percent export of broken rice, removing it from the restricted list. This decision comes after a bumper rice harvest in 2024, attributed to surplus rainfall, which led the government to relax the export restrictions.
Although there was an export ban in place, the government had permitted shipments to friendly and needy countries based on requests. India exported broken rice valued at $194.58 million to nations such as Gambia, Benin, Senegal, and Indonesia in 2023-24.
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