Sri Lanka Economic Crisis
Indian businessman Sanjay Baid helps Sri Lanka as country fights severe economic crisis
An Indian businessman is trying to help people in Sri Lanka, who are facing a severe economic crisis, under the company's Corporate Social Responsibility (CSR), media reports said.
Sanjay Baid, Managing Director at a diamond cutting unit in Sri Lanka, told ANI that he is confident that the country will bounce back with a renewed vigour.
Baid, who came to Sri Lanka in 1999 and founded a diamond cutting unit, said that he had seen many ups and downs in the country.
“I have seen war and economic crisis in the country. Our CSR activity is always community focused irrespective of the nature of the crisis the country is going through," he said.
Baid said that his organisation has prepared 1,500 rations packets for their employees and people affiliated to their villages.
“There is a dire need to help people in Sri Lanka. Many businessmen are coming forward to help in the ongoing situation,” Baid told ANI.
Sri Lanka is witnessing protests and violence as the country is facing an economic crisis with food and fuel scarcity affecting a large number of the people in the island nation.
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