What superstar Matt Damon is doing in Karnataka

September 1, 2013

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Bangalore, Sep 1: Hollywood superstar Matt Damon, who found fame with his role of a mathematically gifted janitor, is on a mission in India to help more than a million people have access to safe water and sanitation in the next three-and-half years.

The 'Good Will Hunting' star and also the co-founder of non-profit organisation Water.org, has been working in India since 2008 to help needy people access small loans for water and sanitation purposes through its micro finance institution (MFI) partners.

"The target for spring 2016 is to reach an additional eight lakh people, which will put us over a million in total, which is great and we are on track to do it," Damon told PTI in an exclusive interview.

Besides, it is also aiming to reach out to around two lakh people for sanitation purposes till 2016, he added.

Damon's US-based Water.org started 'Water Credit' initiative in India in 2008 after it received a USD 4.1 million grant from PepsiCo Foundation, the philanthropy arm of beverages and snacks major PepsiCo.

In 2011, the non-profit organisation received another grant of USD 8 million from PepsiCo Foundation to scale up the project. It works with over 20 MFIs across seven states in the country and helps poor people get loans in the range of Rs. 5,000 to Rs. 10,000 under 'Water Credit' initiative.

The 42-year-old actor who first came to India about ten years ago to shoot a part of his second Bourne series movie "The Bourne Supremacy", is touched by his experience and life in rural India.

"I love it here. I love coming here. I first worked here as an actor. I love the energy and going into these villages, I mean the children. I am a father... it is impossible not to see your children's faces in these kids and the village visits are incredibly exciting... so that part of it is very good, very moving," Damon said.

Goa, where the movie was shot, "was a great way to be introduced to India," he quipped.

When asked about his philanthropic journey in India so far, Damon said the visible change in the life of those benefited from the project makes all the effort worthwhile.

"Form a selfish personal standpoint, (it) is just wonderful and it's the best part of the whole thing.

"(When) we started with the first grant, the target was 1.6 lakh people and we blew through that target, which was great for us and we ended up with 2.5 lakh people," Damon said.

While admitting that working in India had its challenges, Damon, however, said it wasn't something which could not be surmounted.

To stress his point, citing the loan repayment rate, he said: "These loans are paying back at 98 per cent, so that's wonderful."

When asked about PepsiCo Foundation's role in the success of the project in India, Damon said: "It was their (PepsiCo Foundation) idea to get behind the idea of Water Credit early.

They saw what it was and supported us and that's what allowed this thing to blow up the way it has."

Besides India, the NGO is also working in various other nations including Haiti and Ethiopia with different partners.

Water.Org Co Founder and CEO Gary J White said that mobilising people in India as customers and not someone dependent on aid, was really fantastic.

When asked as why they chose India for the project, White said in India around 90 per cent people have access to water but still around 100 million are out of the system.

"So this realisation plus we knew this potential for economic and financial invasion and that there is a very vibrant MFI sector here and very vibrant culture of people taking micro loans. These were the combinations that led us to see India as a place where we could help a lot of people," White said.

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News Network
October 7,2024

modimuizzu.jpg

New Delhi: Seeking to strengthen bilateral ties, India and the Maldives on Monday inked a currency swap agreement to the tune of $400 million, a move that would help the archipelago nation overcome foreign exchange reserve issues.

Prime Minister Narendra Modi and visiting Maldivian President Mohamed Muizzu also launched Rupay card in the Maldives, inaugurated the new runway at the Hanimadhoo International airport and agreed to further strengthen bilateral relations that had hit a rocky patch last year.

Muizzu, who is on a four-day state visit, held talks with Prime Minister Modi at the Hyderabad House here.

After the talks, India also handed over 700 social housing units to the Maldives built under the EXIM Bank’s buyer’s credit facilities.

"Today, we have inaugurated the redeveloped Hanimaadhoo Airport. Now, the Greater Male Connectivity Project will also be expedited. We will also support the development of a new commercial port in Thilafushi," Modi told reporters here with Muizzu by his side.

Modi said India and Maldives have decided to initiate discussion on the Free Trade Agreement to further strengthen economic ties.

The prime minister described Maldives as a "close friend" which had an important position in India's neighbourhood policy and SAGAR vision.

"India has always fulfilled the responsibilities of a neighbour. Today, we have taken up the vision of a comprehensive economic and maritime security partnership to give our mutual cooperation a strategic direction," Modi said.

Earlier, Muizzu was accorded a ceremonial welcome at the Rashtrapati Bhawan by President Droupadi Murmu. Prime Minister Modi was also present on the occasion.

Muizzu was given a tri-services guard of honour before he drove down the Rajghat to offer his respects at the memorial to Mahatma Gandhi.

The ties between India and the Maldives came under severe strain since Muizzu, known for his pro-China leanings, took charge of the top office in November.

Muizzu won the presidential election last year on the 'India out' campaign and asked New Delhi to withdraw its military personnel posted in the archipelago nation by May this year.

The bilateral ties also hit a rocky patch when Maldivian ministers were critical of Modi. However, Muizzu has since toned down his anti-India stance and even sacked ministers who were critical of the Indian prime minister.

As the Maldives was grappling with a serious economic downturn, India has decided to extend vital budgetary support to the Maldives government with the rollover of a $50 million Treasury Bill for another year.

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