Dubai Based Billionaire Ropes In India's Metro Man E Sreedharan To Rebuild Flood Ravaged Kerala
Kerala, August 25: Dr Shamsheer Vayalil, a Dubai based Indian origin billionaire entrepreneur and philanthropist who had earlier pledged Rs 50 crores to rebuilt flood ravaged Kerala has got one of India's most respected infrastructure experts to do the job.
Shamsheer, the founder and managing director of UAE-based VPS Healthcare said India's Metro Man E Sreedharan will be joining their task force to rebuild Kerala.
#MetroMan - Dr. E Sreedharan, we are humbled and delighted that you are joining our Task Force for #Kerala in spite of your busy schedule. Your experience and insights will be invaluable in helping shape the #recovery, #rebuilding and #rehabilitation programs. #rebuildingKerala pic.twitter.com/Jcgr1tyOdF
— Shamsheer Vayalil (@drshamsheervp) August 22, 2018
According to Shamsheer, Sreedharan will be a part of the group's activities related to rebuilding and rehabilitation in Kerala.
The announcement comes at a time when Kerala is trying to recover from the worst flooding in nearly a century which battered the entire state for nearly two weeks.
Though the flood waters have more or less receded, the damages suffered to the infrastructure is enormous.
AFP
Across the state, roads, bridges and other infrastructure have taken a massive hit and it is estimated that it will take at least a good few years to restore them and expenses running into thousands of crores.
Earlier, announcing a Rs 50 crore package for the state, the 41-year-old Kerala-born businessmen said the group will work in partnership with key stakeholders, including local authorities, and experts – in education, health care and housing — to use best practices and innovative strategies to ensure these vital ecosystems can recover quickly and efficiently.
He had also indicated that the money will be spent throughout the state and certain areas have already been identified for immediate help.
Shamsheer who is estimated to be worth $1.5 billion is regarded as one of the richest Indian businessmen in the Middle East.
Earlier this year Shamsheer and his wife Dr. Shabeena joined The Giving Pledge, a campaign founded by Bill Gates, Melinda Gates and Warren Buffett, to encourage the wealthy to contribute their wealth towards philanthropy.
He is also the son-in-law of MA Yousuf Ali, a successful Malayali businessman in the Middle East and the chairman and managing director of Lulu group who himself has donated Rs 5 crore to the flood relief in Kerala.
Courtesy: www.indiatimes.com
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G7 countries urge India, Pakistan to de-escalate situation
New Delhi, May 10 (PTI): The Group of Seven (G7) nations on Saturday urged India and Pakistan to exercise maximum restraint and called for immediate de-escalation of their military conflict through dialogue.
The call by the powerful grouping came amid the continuing escalation of the military confrontation between the two nuclear-armed neighbours.
The G7 said it is continuing to monitor the situation "closely and express our support for a swift and lasting diplomatic resolution".
In a statement, the foreign ministers of the G7 countries said further military escalation poses a serious threat to regional stability.
"We, the G7 foreign ministers of Canada, France, Germany, Italy, Japan, the UK and the US and the High Representative of the European Union, strongly condemn the egregious terrorist attack in Pahalgam on April 22 and urge maximum restraint from both India and Pakistan," the grouping said in a statement.
"Further military escalation poses a serious threat to regional stability. We are deeply concerned for the safety of civilians on both sides," it said.
"We call for immediate de-escalation and encourage both countries to engage in direct dialogue towards a peaceful outcome," the G7 said.
