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NRI billionaire pledges Rs 500 crore for Uttarakhand development

A charitable organisation founded by billionaire NRI entrepreneur Manoj Bhargava has pledged Rs 500 crore to fund development activities in Uttarakhand.

On the occasion of its fifth anniversary, the Hans Foundation, which works closely with NGOs by providing them financial assistance in 25 states, announced the decision at a function here last evening.

Uttarakhand Chief Minister Harish Rawat has welcomed the initiative.

"I am inquisitively waiting for the project to start. A lot of work is being done by the organisation in the state at the individual level. Thousands of people are being helped especially in healthcare sector where they have established two hospitals in Kotdwar and Haridwar already", Rawat said.

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