Late billionaire investor Rakesh Jhunjhunwala was posthumously awarded the Padma Shri award for his contributions in the field of trade and industry.
The award was presented in a ceremony at Rashtrapati Bhavan in the national capital. Family members of the late investor attended the ceremony and his wife Rekha Jhunjunwala received the award from President Droupadi Murmu.
Often called 'India's own Warren Buffet', Rakesh Jhunjhunwala passed away on August 14, 2022.
He was run a privately-owned stock trading firm called RARE Enterprises and was also the owner of India’s newest airline Akasa Air.
Areez Khambatta, founder of the soft drink brand Rasna, will also be receiving the award posthumously in the trade and industry category.
Kumar Mangalam Birla, Chairman of Aditya Birla Group will also be receiving the Padma Bhushan award.
Kapil Kapoor- Delhi based professor, Kamlesh D. Patel spiritual leader and singer Suman Kalyanpur were also conferred the Padma Bhushan.
Jodhaiya Bai Baiga- an artist of Baiga painting, Usha Barle- performer of Pandwani and Panthi art forms of Chhattisgarh and Raman Cheruvayal- a tribal farmer from Kerala who is known for his contribution to sustainable agriculture and preservation of biodiversity were conferred with the Padma Shri.
Bhanubhai Chunilal Chitara, who has preserved and promoted the traditional Mata Ni Pachedi craft of Gujarat, and Sankurathri Chandrasekhar, a managing trustee of Sankurathri Foundation which has educated a large number of rural students and provided eye care to over 37 lakh people and performed over three lakh surgeries, were also awarded the Padma Shri.
