  The quantum group G_r,s provides a realisation of the two parameter quantum
GL_p,q(2) which is known to be related to the two parameter nonstandard
GL_hh'(2) group via a contraction method. We apply the contraction procedure to
G_r,s and obtain a new Jordanian quantum group G_m,k. Furthermore, we provide a
realisation of GL_h,h'(2) in terms of G_m,k. The contraction procedure is then
extended to the coloured quantum group GL_r{\lambda,\mu}(2) to yield a new
Jordanian quantum group GL_m{\lambda,\mu}(2). Both G_r,s and G_m,k are then
generalised to their coloured versions which inturn provide similar
realisations of GL_r{\lambda,\mu}(2) and GL_m{\lambda,\mu}(2).
