BWF hosts seminar on ‘Global Economy and Repercussions on NRIs’

Media Release
March 3, 2018

Abu Dhabi: The Bearys Welfare Forum-Abu Dhabi, recently organized a seminar on Global Economy and Repercussions on NRIs focusing mainly on Gulf Kannadigas at Grand Continental Hotel, here. Several prominent NRI personalities from various fields attended the seminar.

Saif Sultan of Hope Foundation was the resource person. Advocate Saaduddin Salih, Altaf Kateeb and Rafeq Ahmed of Sahibaan, Mohammed Hakeem of KCF, Abdul Salam Deralkatte, ICC, were guests of honor.

Abdulla Madumoole, General Secretary, BWF, delivered the introductory speech. Comparing the repercussions of the Great Depression of 1930 with that of the repercussions on the world economy after the Great Recession of 2008, he some rulers like Hitler had manipulated the hardship of people into their own advantage by exploiting the nationalistic emotions in the 30s and a similar atmosphere prevails world over now and people are vulnerable again to an emotional nationalistic blackmail.

Governments in UAE and world over spent on infrastructure projects to overcome the financial crisis exactly how America did in 30s. Though the economy of UAE has stabilized, unfortunately NRIs have been losing jobs. To discuss various issues relating to NRIs and make the people aware of investment opportunities and financial facilities available to them back in India, BWF organized this seminar “Global Economy and Repercussions on NRIs”.

Mohammed Ali Uchil, President, BWF, in his welcome address put a few words on ‘major challenges for NRIs to get adjusted in Indian conditions’. NRIs who have worked in high position in foreign countries may face problem in adjusting in India, he said adding that the big concern for NRIs is their kids who may find sudden change in their lifestyle for which they are not prepared. 

“The kids of NIRs face problems in adjusting in Indian schools. They may face problem in interaction with their pear group who may like to converse in the local language while they prefer talking in English. NRI kids have to struggle adjusting with Indian lifestyle. There are vast difference in values and habits of NRI kids and Indian children. It is observed that NRIs who are thinking of returning back must fully understand the living conditions of India before they take such a step. There are various issues that they have to be tackled while living in India and they must be aware of them.  The main hurdles may include cultural, logistical and economic etc. Rebuilding healthy relationship with their relatives, friends and others will also be a challenge. They have to follow all customs and traditions and participate in cultural and religious festivals. NRIs placed at high position in companies abroad are accustomed to a certain lifestyle. Their lifestyle in foreign countries is completely different and they may find living conditions in India a big problem. They may have to face problems like hygiene, and other such life style related issues,” he said.

He thanked BWF-executive committee members for their hard work, dedication and effort to organize the function and bring in to its complete success and spirit. “It’s an incredible achievement for BWF, which managed to accomplish so many tasks to its utmost goal set, and God willing all of its project will be a complete success.”

Saif Sultan  is a certified NLP practitioner. He has, in his 15 years training carrier, worked at Sharjah Islamic bank as a trainer in Islamic banking. Has has trained more than 1,100 managers of MNCs in Management skills in India, UAE, Malaysia, Qatar, Philippines & USA.

He has trained school Management, teachers and students on various topics in India, Malaysia, UAE & Qatar. Also the founder of HOPE foundation in India.

He  delivered an uninterrupted talk for 2 hours touching all points of the topic "Global Economy And Repercussions on NRIs". He enlightened the audience with his highly motivational and educative talk, which applauded by the all the audience. A question and answer session on the topic got tremendous response.

Rafeeq Krishnapur, Vice President along with Jaleel Gurpur and Imran Ahmed compered the program. BWF felicitated Saif Sultan and Advocate Saaduddin Salih. Abdul Ravoof, Vice President, BWF proposed the vote of thanks. Programme started with recitation of Quranic verses by Abdul Rasheed V.K.

The programme was coordinated by Hamza Abdul Khader , Mohamed Kallapu and Nawaj Uchil. Mohd Siddik Kaup, Treasurer, Abdul Majeed A.G. and Hameed Gurupur, Secretary. Mujeeb Uchil, Nazeer Ubar ,Siddik Uchil, Basheer Bajpe, Haneef Ullal,  Mohideen Handel, Majeed Athoor, Irfan Ahmed, Rasheed Bijai, Rasheed V.K, Altaf takreer, Basheer Uchil, Imran along with other BWF youth volunteers  were instrumental in the success of the programme. 

Comments

Salam Bava
 - 
Sunday, 4 Mar 2018

super programe.Saif bhai,Saaduddin Saab spoke length and wedth of community development.I am overwhelmed by Civil service coaching-Ace acadamy.

 

Thanks to Ali uchil & BWF team for conducting this seminar.Let this kind of seminar to continue instaed of

non purpose programes

khaleel Ibrahim
 - 
Sunday, 4 Mar 2018

Kudos to BWF-for arranging this beautiful program.Thank you Saif Bhai for the enlightening talk, indeed it was very educative. You are an asset to our society.

Nagarika
 - 
Sunday, 4 Mar 2018

An inspiring msg delivered by Mr. Saif Sultan. He is not just socialist but well versed trainer. In the begening of programe Mr. Saif has said that there are three intention to attend this prograte from all you audiance 1. Jsut like that, 2. To make happier of BWF committee & 3. Everyone is going so let me go. But in fact I am one of the above intention but after attending it really made my day. Wonderful programe and very useful and touching informaiton i received. thank you Saif and BWF and wish to have more such events from both.  

Jawed Sheikh
 - 
Sunday, 4 Mar 2018

Nice program,keep this spirit-BWF,Well organized

Altaf Ahmed
 - 
Sunday, 4 Mar 2018

Masha Allah,very informative seminar.Saif Sultan in his best-thanks to BWF for arranging a thought provoking  talk show.Uchil Saab and Abdulla given us very useful tips.worth attending

 

Saleem
 - 
Sunday, 4 Mar 2018

Masha Allah good gathering.

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 26,2020

Mau/ Kalaburagi, Mar 26: Uttar Pradesh Police on Wednesday asked lockdown violators in Mau to do push-ups and squats as a punishment.
In Karnataka's Kalaburagi, police personnel punished the violators of the lockdown.
In his address to the nation on Tuesday, Prime Minister Narendra Modi announced a 21-day lockdown in the entire country effective from midnight to deal with the spread of coronavirus, saying that "social distancing" is the only option to deal with the disease, which spreads rapidly.
According to the Health Ministry, the total number of positive COVID-19 cases in India reached 606, including 43 foreign nationals.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
July 26,2020

Bengaluru, Jul 26: A year-long probe by Coffee Day Enterprises Ltd (CDEL) has found that its late founder V G Siddhartha routed Rs 2,693 crore out of the company to Mysore Amalgamated Coffee Estates Ltd (MACEL), another privately-owned entity of him.

The MACEL owes Rs 3,535 crore to subsidiaries of Coffee Day Enterprises as of July 31, 2019 of which only Rs 842 crore was accounted.

"Therefore, a sum of Rs 2,693 crore is the incremental outstanding that needs to be addressed," said the report of an investigation headed by Ashok Kumar Malhotra, a retired DIG of Central Bureau of Investigation (CBI) and assisted by law firm Agastya Agastya Legal.

Siddhartha was found dead in early August 2019, and many suspected that he had committed suicide.

Steps are being taken by subsidiaries of CDEL for recovery of dues from MACEL, the company said.

"The board authorised the Chairman to appoint an ex-judge of the Supreme Court or the High Court, or any other person of eminence, to suggest and oversee actions for recovery of the dues from MACEL and to help on any other associated matters," it said in regulatory filings at stock exchanges late on Friday.

The probe further gives clean chits to the Income Tax Department and the private equity firms who Siddhartha in his parting letter had alleged of harassment.

"We have not been provided with any documentary evidence to draw an inference that there may have been any advertent or inadvertent harassment from the Income Tax Department," said the probe report.

The probe also highlighted severe liquidity crunch at CDEL in the build-up to Siddhartha's death.

A committee supported by senior professionals was formed to protect the interest of all stakeholders. CDEL said the debt levels which were about Rs 7,200 crore on March 31, 2019 have been brought down significantly by Rs 4,000 crore. The present debt of the group is around Rs 3,200 crore.

"The disinvestment process in the group continues and we are confident to have effective solution to all stakeholders," it said.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.
News Network
March 19,2020

Kodagu, Mar 19: One more person has tested positive for coronavirus in Kodagu on Thursday, taking the tally of confirmed cases in the state to 15.

The man has a travel history to Saudi Arabia.

"One person has tested positive for #COVID19 in Kodagu today; he has travel history to Saudi Arabia. He is being treated in an isolation hospital. Total number of positive cases reaches 15 in the state," said B Sriramulu, Karnataka Health Minister.

A total of 169 positive cases of coronavirus have been reported in India so far, the Union Ministry of Health and Family Welfare said on Thursday.

Globally, the virus has infected more than 184,000 people and killed more than 7500, as per the data available on the World Health Organisation website.

Comments

Add new comment

  • Coastaldigest.com reserves the right to delete or block any comments.
  • Coastaldigset.com is not responsible for its readers’ comments.
  • Comments that are abusive, incendiary or irrelevant are strictly prohibited.
  • Please use a genuine email ID and provide your name to avoid reject.