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NRI. billionaire Nanak Kohli decided
to spend it for a good cause in India

 

Newe Delhi, June 15, 2005
Prem Chopra

NRI billionaire Nanak Kohli, 73, known as the ‘‘Rolls Royce Sikh of Washington’’, explains how he came to focus on the girl chid. ‘‘I wanted to start a project for the best of the best, but then the writer Khushwant Singh advised me to concentrate on the poorest of the poor,’’ he says.

The founder of a multinational company into everything from telecom to trading, his group is worth over $200 million. But at 73, after having spent much of his lifetime making money, the self-made billionaire is now faced with a new dilemma: "My income is increasing while my needs are diminishing. What am I to do with it since I can’t take it with me to the next world?" So Kohli is doing what he thinks is the sensible thing: "Giving it back to society."

But giving away his money can be as much hard work as making it, as Kohli discovered last year when he started looking for ways to rid himself of a small but sizeable portion of his fortune.

NRI Nanak Kohli’s initiative, at least 10 villages in Punjab are trying to make girls net-savvy and fluent in English to help them land BPO jobs.

The Sundar Amar Sheel Trust which caters to 2,000 children in Delhi set up computer centres for girls in rural Punjab.

Col Singh, who is part of the trust and urges girls to write their own letters, says ‘‘Right now the girls are under training, but next month they will undergo a test to check their competence.’’ He hopes the girls will pass the secretarial practice exam which will help them find some work.

At Mahadian village, also in Fatehgarh Sahib district, 75 girls are learning English and brushing up their IT skills. Some are still in high school while others are graduates. The girls hope to land a job in their village itself.

Some of the students and teachers have had to overcome considerable adversity. Computer teacher Paramjeet Kaur, whose father is a village labourer, boasts of a diploma in computer applications. ‘‘She is a classic example of empowerment,’’ says Satinder B Singh, project director of the Trust, who has moved from Delhi to Chandigarh.

Word about the project has spread far. On a particular day, three retired colonels from Kapurthala turned up hoping to set up a similar centre at their village. Patiala MP Preneet Kaur has deputed Deepinder Dhillon, vice-chairman of the Punjab State Industrial Development Corporation (PSIDC), to set up a similar centre at Lalru. Kohli is looking to train 10,000 girls at 100 centres and hopes to make the centres become self-reliant. ‘‘Believe me, in one year’s time they will get not just word processing work, but telemarketing and medical transcription as well,’’ he says.



You cannot take your wealth to the other world

Khushwant Singh

WE often hear people say "you can’t take anything with you." Yet very few blow up their life’s savings in their lifetime......I don’t know very much of Nanak Kohli’s background except that he was a lowly paid (Rs 250 p.m.) lecturer in Shimla till he migrated to the USA ....., living in a large mansion with his family, Indian servants, a fleet of cars, including a custom-built Rolls Royce: local Indians called him "Mr Rolls Royce". ......Full Story (1)


NRI spent a lifetime earning millions before it’s too late.

NRI Nanak Kohli has spent a lifetime earning millions and now he would like to spend them for a good cause before it’s too late. An Indian millionaire, Nanak Kohli has set up ‘fast-track’ charity......Full Story (2)


 

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"I didn’t want to just donate it to some organisation or even the government," he recalls. "I wanted the money to make a difference to society."