Udayavni Special

BR Shetty donates 1 cr towards Kodagu, 4 cr for Kerala


Team Udayavani, Aug 28, 2018, 2:41 PM IST

Bengaluru: Chairman of NMC group and UAE Exchange, Billionaire Dr. B R Shetty donated Rs. 1 crore to assist in the relief efforts in Kodagu district and Rs. 4 crore towards Kerala. 

Addressing the media he said, “The idea is to encourage people to give back,”

“I met Mr Pinarayi Vijayan last week to express my condolences and show solidarity with the people of Kerala,” says Shetty. It was also a mark of sympathy for the hundreds of UAE Exchange and Unimoni employees living in Kerala. “Around 500 of our employees have volunteered to work on the ground,” says Shetty. “Other than that, I  donated Rs 4 crore to the Kerala CM Disaster Relief Fund.”  

Apart from his direct donation to the CM’s fund, Shetty has put in place a number of measures that will facilitate contributions across the diaspora. As Chairman of the UAE Exchange, he has waived the fee for people making contributions to Kerala. “If they’re donating to the CMDRF, they can do so for free,” he says. Unimoni, another of his ventures, operates the mobile wallet XPay. A direct link to the CMDRF has been established through the wallet as well, to ease the donation process.  

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