Thursday, June 2, 2011

IITian's million dollar gift for India centre in Canada

Toronto: Toronto-based IITian Vasudev Chanchlani has given a million
dollars to help start an Indian policy centre at a Canadian
university.

Canada's University of Waterloo will launch the Chanchlani India
Policy Centre on June 8.

A multi-millionaire IIT Kanpur graduate, Chanchlani runs the Sigma
Group of companies and VC Capital Management here.

The Chanchlani Centre "will undertake applied and topical policy
research related to the Canada-India relationship and collaborate with
governments, universities, and community organizations across the
country in promoting stronger ties between India and Canada".

It will also support "an ongoing program of policy-relevant research
designed to provide Canadian authorities and groups with timely
research and open discussions on matters relating to the country's
many collaborations with India".

The most well-known Indo-Canadian philanthropist, Chanchlani is the
founder of the Canada-India Foundation (CIF).

He also contributed one million dollar towards setting up the 'CIF
Chanchlani Global Indian Award' of $50,000 each year.

Established in 2008, the award honors a distinguished Indian each year
for his or her leadership, professional excellence and exemplary
achievements.

Ratan Tata, Tulsi Tanti, and Sam Pitroda are the three past recipients
of the award.

Chanchlani has also donated one million dollars towards the Chanchlani
Research Centre at McMaster University for research into genetic and
environmental causes of heart diseases and diabetes prevalent among
South Asians.

He has also set up a $25,000 annual Chanchlani Global Health Award at
the same university.

Just last month, the Canadian National Institute for the Blind (CNIB)
announced the CNIB Chanchlani Global Vision Research Award of $25,000
to recognize best research in the field of 'vision care and vision
enablement worldwide'.

The 59-year-old Bhopal-born techie, who also holds an MBA degree from
Toronto's Rotman School of Management, came to Canada in 1979 to join
Nortel. IANS

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