NRI businessman Firoz Hussain Merchant donates Rs 2.5 crore to free 900 prisoners in UAE

News Network
February 28, 2024

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An Indian businessman and philanthropist donated 1 million dirhams (approximately Rs 2.5 crore) to secure the release of 900 prisoners from jails across the Gulf nation since the beginning of 2024. He aims to get 3,000 prisoners released this year.

Firoz Hussain Merchant, 66, owner of Pure Gold Jewellers, donated 1 million dirhams to the United Arab Emirates (UAE) authorities. He is based in Dubai.

This is a message of humility, humanity, forgiveness and kindness ahead of Ramadan, Firoz Merchant's office said.

"Prominent Dubai-based Indian businessman and philanthropist Firoz Merchant of Pure Gold has donated close to Rs 2.25 crores (AED 1 million) to ensure the release of 900 prisoners from jails across the Arabian nation," said the statement from his office.

Merchant, known for his 'The Forgotten Society' initiative, has already facilitated the release of 900 prisoners since the beginning of 2024.

This included 495 prisoners from Ajman, 170 prisoners from Fujairah, 121 prisoners from Dubai, 69 prisoners from Umm Al Quwain, and 28 from Ras Al Khaimah, according to Maagulf news portal.

Merchant also paid their debts and provided airfare for them to return home, aiming to reunite families and offer a second shot at life, according to Maagulf, an online news portal for the Telugu community residing in the Gulf.

His goal for 2024 is to help over 3,000 prisoners go free.

In conjunction with the Director Generals of Police at the Central Jails across the UAE, Merchant's initiative has helped over 20,000 prisoners over the years, earning him accolades from government officials and prisoners alike.

"I am grateful for the collaboration with the government. The Forgotten Society believes that humanity knows no borders, and we work together to offer these individuals the chance to reconcile with their families and communities," said Merchant.

Colonel Mohammed Yusuf Al-Matrooshi, a UAE official, commended Merchant's dedication to prisoner rehabilitation.

"He has helped countless individuals, and his quiet generosity offers genuine hope to those struggling to pay their fines," Al-Matrooshi said.

Who is he?

Born in 1958 as one of the nine children of Gulam Hussain and Malekbai in Mumbai, Merchant had a childhood of struggles after his father's real estate business failed. At the age of 11 Merchant dropped out of school to help his family financially. 

He found his calling in the gold business during a trip to Dubai at the age of 22 and established the first Pure Gold Jewellers in 1989, which has now grown to more than 120 outlets.

Pure Gold Group consists of FGM Holding, Pure Gold Jewellers, Pure Gold Real Estate Development, La Moda, and Pure Gold Manufacturing.  

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News Network
July 17,2024

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Bengaluru: Apex IT industry body Nasscom has expressed deep disappointment and concern over Karnataka's quota-for-locals bill mandating reservation for locals in private sector, and has exhorted the state government to withdraw the bill.

Nasscom's strong note of dissent assumes significance as it adds to the growing chorus of top industry voices, which have warned that the legislation would erode the state's edge in technology, and reverse the progress made so far.

The IT industry body has sought an urgent meeting with state authorities to discuss the concerns and "prevent the state's progress from being derailed", the association said.

"Nasscom members are seriously concerned about the provisions of this bill and urge the state government to withdraw the bill. The bill's provisions threaten to reverse this progress, drive away companies, and stifle startups, especially when more global firms (GCCs) are looking to invest in the state," a Nasscom release said.

Stating that the tech sector contributes to 25 per cent of the state GDP, houses a quarter of the country's digital talent, has over 11,000 startups and 30 per cent of the total GCCs, Nasscom contended that the restrictions could force companies to relocate as local skilled talent becomes scarce.

"In today's highly competitive landscape, knowledge-led businesses will locate where talent is as attracting skilled workers is crucial for success... For states to become a key technology hub a dual strategy is key - magnet for best talent worldwide and focussed investment in building a strong talent pool within the state through formal and vocational channels," it said.

The technology sector has been crucial to Karnataka’s economic and social development, with Bengaluru known globally as India's Silicon Valley.

"The technology sector contributes almost 25 per cent of the state GDP and has played a key role in enabling higher growth for the state, higher per capita income than the national average. With over a quarter of India’s digital talent, the state houses over 30 per cent of the total GCCs and around 11,000 start-ups," it said.

Nasscom rued that it is "deeply disturbing" to see this kind of bill which will not only hamper the growth of the industry, but impact jobs and the global brand for the state.

The Karnataka State Employment of Local Candidates in the Industries, Factories and Other Establishments Bill, 2024 was approved by the state cabinet on Monday, and it seeks to reserve 50 per cent of management positions and 75 per cent of non-management positions in the private sector for locals.

The Bill has triggered controversy and criticism from across industry. Industry veteran Mohandas Pai termed the Bill "very regressive", and "draconian".

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coastaldigest.com news network
July 17,2024

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Karnataka Chief Minister Siddaramaiah announced on Wednesday that the state government will give ex gratia compensation of Rs 5 lakh each for those who have died in the landslide that occurred on Tuesday in Uttara Kannada's Ankola taluk.

Rescue officials on Tuesday had recovered bodies of four persons and a search is on to trace the missing persons from both under the debris of the landslide and in the Gangavali river. Seven members of two families were killed when a huge hill collapsed on their houses in Shirur village. 

In his post on X, the CM said, "In the landslide that occurred on the national highway near Shirur in Uttara Kannada district Ankola taluk, seven people are believed to have died due to mud and 4 dead bodies have already been recovered. This is a very unfortunate incident. I pray that the soul of the deceased may rest in eternal peace."

He further added, "For those who died in the incident, Rs. 5 lakh compensation has been announced. Despite the continuous rain, the rescue operation is continuing and the search is on for the remaining three."

The deceased have been identified as Lakshman Naik (47), his wife Shanthi (36) and son Roshan (11). The identity of the fourth body is yet to be ascertained.

Officials also sighted the body of a girl child in the river but could not retrieve it. The bodies were recovered in Gangavali River, at least six km from the accident area.

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News Network
July 16,2024

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The Gaza Civil Defense says it has lost dozens of its employees ever since the Israeli military launched its relentless aerial and ground offensives across the besieged coastal terror in early October last year.

In a fresh statement, the organization put the number of fallen aid workers at 79, noting that the figure comes after one of its members succumbed to severe injuries sustained during the Israeli strike on a designated humanitarian safe zone at the al-Mawasi camp in southern Gaza, killing at least 90 Palestinians and wounding 300 others.

The fatality brings to three the number of aid workers killed in the attack, which was the deadliest in Gaza for weeks, according to the Gaza Civil Defense.

Israel launched the war on Gaza on October 7 after Palestinian resistance groups carried out a surprise retaliatory operation into the occupied territories.

Concomitantly with the war, the regime has been enforcing a near-total siege on the coastal territory, which has reduced the flow of foodstuffs, medicine, electricity, and water into the Palestinian territory into a trickle.

So far during the military onslaught, the regime has killed at least 38,664 Gazans, most of them women, children, and adolescents. Another 89,097 Palestinians have sustained injuries as well.

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