Maharashtra politician Pankaj Parakh buys himself a golden shirt worth crores for 45th birthday

August 9, 2014

Mumbai, Aug 9: James Bond's rival had a golden gun. This school dropout is acquiring a golden shirt that weighs four kilograms and costs a staggering Rs.1.30 crore ($214,000).

But then, Pankaj Parakh, a school dropout who made his fortune from his garment fabrication business and who is a corporator to boot, is no stranger to opulence. Whenever he ventures on to the streets in Yeola, 260 km from Mumbai, women stare at him and men glare at him as he is adorned with gold jewellery weighing at least two-three kg.pankaj parakh gold shirt

Now, at a special function on his 45th birthday Friday, Parakh will wear his latest acquisition at a huge gathering that will include the likes of Maharashtra tourism minister Chhagan Bhujbal of the Nationalist Congress Party (NCP) and around a dozen legislators of different parties and celebs.

With the shirt and its seven gold buttons, Parakh hopes to enter the Guinness World Records and the Limca Book of Records.

"Gold has always fascinated me since I was five years old and studying in school. Over the years, I have become passionate about this royal metal. I have got this special shirt stitched to mark my 45th birthday this Friday," said Parakh.

The shirt was designed by Bafna Jewellers of Nashik, 85 km away, and meticulously executed by Shanti Jewellers at Parel in Mumbai, where a team of around 20 select artisans spent 3,200 hours over the past two months to 'stitch' it.

Parakh, who took delivery in Mumbai, offered a sneak peek of his treasured shirt and even wore it for a darshan of the city's famed Siddhivinayak Temple before posing for some pictures near the temple, while curious onlookers watched from a distance.

He said that the gold used in the shirt is of 18-22 carat purity, without any mixture of any other metals - and the entire deal is properly accounted for (an assurance to snoopy tax sleuths!).

Though made of gold, the shirt is fully flexible and comfortable, absolutely smooth and harmless and with a thin cloth lining the inside to avoid rubbing the body.

Besides, it can be washed and hung-dried, and if torn or damaged, can be repaired and modified with a lifetime guarantee of durability, Parakh said.

Recounting his love for gold, Parakh said that in his youth, he could not afford much as he left school after Class 8 and plunged into the family garments business in Yeola, a town of some 60,000 where he is an NCP corporator.

"Yet, for my marriage 23 years ago, many guests considered me an embarrassment as I sported more gold than the bride," he recalled with a chuckle.

Over the years, after taking care of all his family's needs - a good house looked after by wife Pratibha and higher education for his two doting sons Siddharth (22) and Rahul (19), both now in college - Parakh likes to plough back his excess income to finance his passion for acquiring a gilded edge.

"My family is hardly impressed or interested in my love for gold. They just ignore and accept it as a part of domestic life. But the rest of my extended family thinks I am weird," Parakh laughed.

Parakh remembered that when the family attends weddings, he adorns himself with around three kg gold ornaments while his wife looks stark with her 40-50 grams!

"In public, when I go around Yeola, or meet my constituents, I get extreme reactions - some say I flash my wealth, others feel I am poking fun at people's poverty, though women are usually silent observers," he smiled.

However, he felt that though there are many wealthy people in the country, it is his passion for gold - and sheer guts, bolstered by his licensed revolver - that makes him wear so much of the precious yellow metal.

After launching his independent garment business in 1982, he also plunged into politics and has been an elected corporator since 1991.

Yeola is renowned for its Paithani silk saris and the Shalu and Pitamber varieties of saris, considered nationally-recognised brands.

However, despite all the glitter of gold, Parakh turns out to be a genuine, down-to-earth and caring human being, deeply involved in a variety of social and educational activities.

For instance, he has fully financed 120 polio operations in the past five years through the renowned Narayan Seva Sansthan Hospital of Udaipur in Rajasthan.

"I spend at least a week each year to offer voluntary services at the 1,000-bedded hospital, the biggest and best for polio treatment in India. I also arrange for any requirements of the poor patients like food, medicines, surgery and blankets, from which I get immense satisfaction," Parakh said.

Last year Datta Fuge, a businessman from Pimpri-Chinchwad, entered the Guinness World Records with a gold shirt costing Rs.1.27 crore - a record that Parakh hopes to break this year.

Other prominent 'gold men' in Maharashtra include Jagdish Gaikwad of Navi Mumbai (Thane), who rarely ventures outdoors without 3-4 kg gold and the late Maharashtra Navnirman Sena leader from Pune, Ramesh Wanjale, and to a certain extent, Guinness Record holder and famed music director Bappi Lahiri of Mumbai.

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June 26,2020

Bengaluru, Jun 26: Karnataka Congress president DK Shivakumar on Thursday suggested that the cost of building and installing a new statue of Nada Prabhu Kempegowda in the Bengaluru airport should be borne by Kempegowda international airport (KIAL).

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He said that the Karnataka government has done many favours to airport authority earlier.

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February 11,2020

Belagavi, Feb 11: Tension prevailed for sometime here after a few villagers spotted four country-made pistols disposed in the garbage site by the road between Markandey Nagar – Waghavade village on Sunday. Police rushed to the spot and seized the arms which are believed to be of Portugal era.

Sources said some villagers noticed a pistol lying along with heaps of refuse. They informed Bhavakanna Patil, the owner of the agricultural field adjacent to the garbage site. Patil and the villagers checked the garbage and found three more pistols totalling four.

Police said the pistols are about 50 to 60 years old. Going by their condition, all rusted, it is believed that they were left unused for a long time. The Belagavi rural police who have filed a suo motu case related to the incident are getting into the skin of case to trace the owners and those who disposed them in the garbage pit. 

According to preliminary investigation, it is learnt that such pistols were in vogue during Portugal rule in Goa. There are chances that those who inherited the arms may have disposed it for the fear of possessing weapon illegally. The chances of some notorious people who reside in the vicinity near Waghavade and surrounding areas, where burglaries and dacoity are frequently reported, disposing the arms due to the fear of police also cannot be ignored. Police Commissioner Lokesh Kumar was not available for comments.

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News Network
January 18,2020

Kozhikode, Jan 18: A "fifth-generation dynast" Rahul Gandhi has no chance in Indian politics against a "hard-working and self-made" Narendra Modi, and Kerala did a disastrous thing by electing the the Congress leader to Parliament, historian Ramachandra Guha said here on Friday.

Guha said the reduction of the Congress from a "great party" during the freedom movement to a "pathetic family firm" now is one of the reasons for the ascendency of Hindutva and jingoism in India.

"I have nothing against Rahul Gandhi personally. He is a decent fellow, very well-mannered. But young India does not want a fifth-generation dynast. If you Malyalis make the mistake of re-electing Rahul Gandhi in 2024 too, you are merely handing over an advantage to Narendra Modi," said Guha on the second day of the ongoing Kerala Literature Festival (KLF) during his talk, "Patriotism Vs Jingoism".

Addressing the crowd, full of Keralites, he said, "Kerala, you have done many wonderful things for India, but one of the disastrous thing you did was to elect Rahul Gandhi to Parliament."

"Narendra Modi's great advantage is that he is not Rahul Gandhi. He is self-made. He has run a state for 15 years, he has an administrative experience, he is incredibly hard working and he never takes holidays in Europe. Believe me I am saying all this in all seriousness," he said.

But, even if Rahul Gandhi was "much more intelligent, more hard-working, never took a holiday in Europe, as a fifth generation dynast he still will be at a disadvantage against a self-made person", the 61-year-old author said.

He took on Congress president Sonia Gandhi too who, he said, reminded him of the "late Mughal dynasty" and how aloof they were of the state of their kingdom.

"India is becoming more democratic and less feudal, and the Gandhis just don't realise this. You (Sonia) are in Delhi, your kingdom is shrinking more and more but still your chamchas (sycophants) are telling you that you are still the badshah," he said.

Further, he quoted his teacher and noted Indian sociologist Andre Beteille to describe the story of Nehru-Gandhi family as a classic "reversal of the famous Biblical injunction": the sins of the father will be visited upon seven successive generations.

"In the Nehru's case, it is the sins of the seven successive generations have been re-visited upon Nehru... look at the national debate today. Why is Nehru evoked everytime? Why does Modi always say Nehru ne Kashmir mein yeh kiya, China mein yeh kiya, Triple Talaq mein yeh kiye ... because Rahul Gandhi is there.

"Now if Rahul Gandhi disappears, Modi has to talk about his own policies and why they failed," he said.

According to Guha, "Hypocrisy of the Indian Left -- the fact that they loved other nations more than India", "rise of aggressive nationalism worldwide" and "the rise of Islamic fundamentalism in neighbouring countries" are some other reasons behind the evident leap of Hindutva in India in the recent times.

Historian William Dalrymple, novelists like Benyamin, Namita Gokhale, Chetan Bhagat and journalists Karan Thapar and Rajdeep Sardesai are among the many other writers who will be attending the four-day festival.

The focus theme of KLF 2020 is environment and climate change.

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