My Ramadan: For Hindu billionaire BR Shetty, the holy month is about giving
This year the billionaire pledged to donate half his fortune to charity, but his relationship with Ramadan began when he moved to the UAE decades ago
“When I signed up to the pledge some time back, I didn’t know it would come through in Ramadan. Obviously I am very happy – I deem it a blessing from Allah,” said BR Shetty, the UAE billionaire who founded, among other well-known companies, NMC Health.
He was referring the recent news that he has joined The Giving Pledge — an initiative launched by Microsoft founder Bill Gates, his wife Melinda and business magnate Warren Buffett in 2010. It is a commitment by the world's wealthiest individuals and families to dedicate the majority of their wealth to philanthropy.
The fact that his application was formalised during Ramadan has made it even more special for Indian-born Hindu BR Shetty. “I am glad it came in the month of Ramadan, the month of giving,” he said.
The businessman is among 14 UAE philanthropists who have pledged half their wealth to support good causes around the world, and he joins the likes of fellow health care billionaire Dr Shamshir Vayalil of VPS healthcare.
Mr Shetty draws inspiration for his charity initiatives, in the UAE and India, from Ramadan and the values of compassion and kindness the holy month represents.
“Although I am a non-Muslim I know the value of fasting,” he says. “In Hinduism we have our own fasting ritual. My mum used to fast every Monday. It helps us to empathise with the hungry and the poor, too.
Mr Shetty began to fast for Ramadan when he landed in Abu Dhabi decades ago.
“I practise Ramadan,” he says. “I used to fast regularly for over two decades and would feel really happy about it.
“I used to feel healthy while fasting, but for more than 10 years now I have had diabetes and I can’t fast any more. But I restrict my food. I have always believed fasting is good for body and mind.”
Contrary to the perception that fasting takes a toll on the body, Mr Shetty believes it helps people to be more active.
“When you fast, you don’t feel like drinking water,” he says. “You get that extra energy and strength. Therefore, fasting is prescribed by all religions. I enjoy fasting. It also detoxifies the body. I had clear skin when I was fasting regularly.”
Mr Shetty is a much sought-after guest at iftar gatherings organised by Indian expatriate community groups.
“I attend iftars regularly,” he says. “I also go to the Crown Prince’s Court almost every night. The thing I like about it is the sense of brotherhood and discipline.
“Do you see this type of discipline in any other community? Nobody observes you but still you fast. Nobody is forcing you but you fast. This is the beauty of Ramadan. It makes you self-disciplined and self-determined.”
The holy month also brings to life his memories of Sheikh Zayed, the Founding Father.
“I still remember the day he passed away,” Mr Shetty says. “It was the 19th day of Ramadan. When he died, I lost everything in the world. He was the world’s leader. When he passed away, we were all taken aback.”
He credits part of his success to the generosity of the Founding Father.
“Nobody can match his benevolence,” Mr Shetty says. “Sheikh Zayed called me to his majlis one day and offered me a passport. He thanked me for the contribution I made to this country, especially in health care.
“Sheikh Zayed was the one who laid the foundation stone for our pharmaceutical factory. He blessed the factory and visited the factory site in Mussafah three times.
“When the building of Neopharma [the first pharmaceutical plant to be built in Abu Dhabi] was suggested, he called me to the palace. He said you have built a factory nobody could ever dream of.”
He becomes emotional as his memories travel farther back in time.
“Four decades ago, I came to Abu Dhabi with the intention of clearing the loan I had taken out for my sister’s wedding,” Mr Shetty says. “I didn’t have anything except my sweat. I started as a medical salesman.
“There were no jobs for pharmacists in the country then. In fact, I was the first outdoor salesman in the country. I ended up selling butter cookies, Nido [instant cream] powder, telephone directories, advertisement poles and other things.
“Once I cleared the loan, I tried to fulfil the dream of the Founding Father. One day I saw Sheikh Zayed speak about quality health care at affordable prices on black and white TV. He was giving free medical treatment to people, but more needed to be done.
“When I left my country my mother had also asked me to take up a service-oriented business. I decided that I should do something about it. That’s how the journey of NMC, the first private medical centre, began.”
This article was first published in www.thenational.ae
Let the Truth be known. If you read VB and like VB, please be a VB Supporter and Help us deliver the Truth to one and all.
Russian President Putin says India, Russia collaboration not directed against anyone
New Delhi (PTI): The India-Russia collaboration is not directed against any country and it is solely aimed at safeguarding the national interests of the two sides, Russian President Vladimir Putin has said against the backdrop of Washington's aggressive approach towards New Delhi and Moscow.
In the context of India's energy ties with Russia, Putin said certain "actors" dislike New Delhi's growing role in international markets in view of its close relations with Moscow and these elements are aiming to constrain India's influence for political reasons by imposing "artificial obstacles".
In an interview to India Today news channel that was released on Thursday evening, the Russian president, referring to Western sanctions against Moscow, said his country's energy cooperation with New Delhi largely "remains unaffected".
Putin landed in New Delhi this evening on a two-day visit to hold summit talks with Prime Minister Narendra Modi.
ALSO READ: PM Modi presents copy of Gita in Russian to Putin
His trip comes at a time India-US relations are going through possibly the worst phase in the last two decades after Washington imposed a whopping 50 per cent tariff on Indian goods, including 25 per cent levies for New Delhi's procurement of Russian crude oil.
"Neither me nor Prime Minister Modi, despite certain external pressure we face, have never approached our collaboration to work against someone," the Russian president said in response to a question on Washington's aggressive approach.
"President Trump has his own agenda, his own goals, whereas we focus on ours -- not against anyone, but rather aimed at safeguarding our respective interests, India's and Russia's interests," he said.
Rejecting Washington's objection to India procuring crude oil from Russia, Putin said if the US has the right to buy Russian fuel, why "shouldn't India have the same privilege".
"As for India's purchase of energy resources from Russia, I would like to note and have already mentioned this once, the US itself still buys nuclear fuel from us for its own nuclear power plants," Putin said.
The Russian president also responded to a question on India lowering procurement of crude oil from Russia in view of Western sanctions on Moscow.
ALSO READ: Russian president Putin arrives in Delhi on 2-day visit
"Well, there is a certain decline in overall trade turnover during the first nine months of this year. This is just a minor adjustment. Overall, our trade turnover stands almost at the same level as before," he said.
"I can't give you exact monthly figures right now, but trade in petroleum products and crude oil, as well as the production of petroleum products for consumers of oil, Russian oil, is running smoothly in India," he said.
Putin also said that India cannot be treated the way it was several decades back.
"Prime Minister Modi is not someone who succumbs to pressure easily. The Indian people can certainly take pride in their leader. This is absolutely obvious," he said.
"His stance is unwavering and straightforward, without being confrontational. Our goal is not to provoke conflict; rather, we aim to protect our lawful rights. India does the same," he said.
On the Ukraine conflict, Putin said he believed the US is actively seeking a solution to this problem. "I am absolutely certain, with no doubt at all, he (Trump) sincerely aims for a peaceful resolution."
Putin said Trump genuinely wants to end the hostilities and prevent further loss of lives. "But there could also be political interests tied to ending the confrontation between Russia and Ukraine, or economic motives too."
On bilateral trade, Putin said over 90 per cent of "our transactions are already conducted in national currencies".
"While some complications arise due to the presence of numerous intermediaries, there are also solutions," he said.
The Russian president also complimented PM Modi's leadership.
"Our collaborative endeavours with Prime Minister Modi carry significant weight because they transcend our mutual ties," he said.
"Given its direct relevance to both nations, ensuring stability in key areas of engagement is crucial, as it helps secure the fulfilment of our objectives. Prime Minister Modi sets very challenging tasks for the country --and for himself in the first place, then for the administration, and eventually for the nation," he said.
The Russian president did not give a direct reply to a question on if India was looking at procuring additional batches of S-400 missile systems.
"India stands out as one of our reliable and privileged partners in this area. We are not merely selling something to India and India isn't merely buying something from us in the sphere of defence and security.
"It is a different level, a different quality of relations we have with India, and we value this. We see how India values this relationship too," he said.
Putin said Russia is not simply selling defence technology to India but it is sharing it with the country.
"It is a very rare thing to see in the sphere of military-technical cooperation. It speaks to the level of trust between the two countries and the level of trust between the two peoples.
"We have a broad portfolio indeed, including naval construction, rocket and missile engineering, and aircraft engineering," he added.
