Government of India honours Dr.R. Seetharaman
Dr. R. Seetharaman, Doha Bank CEO has won the Pravasi Bharatiya Samman Award (PBSA) which is the highest honour conferred on overseas Indians by the Government of India in recognition of their achievements both in India and abroad.
The President of India, Shri Pranab Mukherjee presented the Award at the Pravasi Bhartiya Divas Convention on 9 January 2017. The PBSA was awarded to Dr. Seetharaman for his significant contribution to building closer links between India, the overseas Indian community in the GCC, and the GCC Countries in which they live, as well as for supporting the welfare of the local Indian community in the GCC. Some key initiatives developed by Dr. Seetharaman include arranging credit and investment facilities to Indian corporates & FIs. He also facilitated average annual remittances to India over last decade, created employment opportunities for Indians in global operations, contributed to Indian SMEs, and supported professionals and blue collar workers abroad.
“It is a great privilege to receive the Pravasi Bharatiya Samman Award and I would like to thank the Indian Government for considering me for this award. India today is poised for a giant leap from the ranks of developing countries to developed countries. Indian citizens living outside India also have a responsibility on this progress and hence should look forward to contribute to the Welfare of India. This can be done through remittances, investments, trade and other routes as well. I believed that the Indian diaspora in GCC can play an important role on above areas and thereby promote bilateral relationships between GCC and India. This award further inspires me to contribute to the strengthening of bilateral relationships between GCC and India. I once again thank the Indian Government for this Award,” said Dr. Seetharaman.
Dr. Seetharaman also furthered multilateral trade ties and investment between the GCC countries and India. Dr. Seetharaman is the recipient of multiple Doctorates from USA, Europe & India including two PhDs and has provided an invaluable contribution to green banking, sustainability, CSR & governance. He is a benevolent philanthropist contributing to social causes, underprivileged and people with special needs. He is also a recognised economic commentator by global financial media over last three decades.
“Remittances to India from the Gulf countries in 2015-16 was $35.9 billion. GCC – India trade was close to $100bn in 2015-16. Indian Diaspora in GCC can leverage their relationships with GCC Sovereign Wealth Funds to contribute to India’s FDI. India would be keen to welcome more investments and strategic support from GCC especially in infrastructure, education and research, travel and tourism, agriculture and food processing. Promote Cooperation in the Exchange of Intelligence related to Money Laundering, Terrorism Financing and Related Crimes, electronic crimes between India and GCC Countries. Indian companies can participate in various infrastructure projects pertaining to Qatar FIFA 2022 World cup and Dubai World Expo in 2020,” said Dr. Seetharaman.