GML correspondent
The withdrawal of First Citizens Bank (FCB) from this year’s Divali Nagar has added to the sponsorship challenges facing the National Council of Indian Culture (NCIC), just days before the annual celebrations begin.
NCIC president Surujdeo Mangaroo confirmed the latest withdrawal yesterday, as preparations continued at the Divali Nagar site on Narsaloo Ramaya Road, Chaguanas, ahead of the October 30 opening.
Mangaroo said FCB pulled out on Tuesday, having supported the Divali Nagar for 18 years in a row.
“They know best why; I am sure they would have good reasons for withdrawing their support,” he said.
Mangaroo said he is also awaiting a letter from the National Flour Mills (NFM) on whether they will be participating in this year’s event.
The latest development follows the withdrawal earlier this week of bmobile as a key sponsor, after the NCIC having appealed to the Government for financial assistance to stage this year’s event.
The loss of corporate support has raised concerns about funding for the annual celebration, although Mangaroo says it will proceed as planned.
“The Nagar is going to continue; we have every single thing in place, the start date, the finish date.”
He said this year marked the 40th anniversary of Divali Nagar, regarded as the largest Divali festival outside India.
Despite the sponsorship setbacks, Mangaroo said the NCIC would not cut corners or introduce an entrance fee.
He explained that the organisation relies on income from renting facilities to an Indian Expo and a car wash to help offset utility bills, maintenance and security costs at the site, which operates throughout the year.
He said the area runs 365 days a year and the annual electricity bill crosses $250,000.
“We have ground staff, office staff and 24-hour security.”
Mangaroo said the cost of staging Divali Nagar was substantial, with police services costing close to $250,000 and private security exceeding $300,000.
“We have to pay for janitorial services, we pay artistes, we have to pay for sound systems, lighting, young artistes are given a stipend,” he said.
He said the NCIC had been engaging members of the business community, some of whom had pledged support following news of the State’s withdrawal of sponsorship.
Mangaroo said about five to seven corporate spaces remained available, but he was confident the event would continue to grow despite the financial challenges.
“I can assure the public that the Divali Nagar will continue; it is getting bigger,” he said.
“We will survive!”
