Migration of Indians to Gulf countries including Saudi, UAE drops 62% over 5 years

coastaldigest.com web desk
January 12, 2019

Newsroom, Jan 12: The number of Indian workers emigrating to Saudi Arabia, UAE and other Gulf countries has declined sharply in last few years thanks to the economic slowdown in the Middle East triggered by weak oil prices.

According to the Ministry of External Affairs of Indian government, emigration clearances granted to Indians headed to the Gulf for employment have dropped by 21%, standing at 2.95 lakh during the 11-month period ended November 30, 2018, as compared to 2017.

The five-year outflow of Indian workers to Gulf peaked in 2014 at 7.76 lakh. Compared to that figure, the decline in 2018 is as high as 62%. These statistics are drawn from the e-Migrate emigration clearance data, which captures emigration clearances issued to workers holding ECR (emigration check required) passports.

As of the middle of 2015, Indians made up one-third of the migrants to the six oil-rich Arab countries – the UAE, Saudi Arabia, Bahrain, Kuwait, Oman and Qatar – and accounted for 15% of the GCC (Gulf Cooperation Council) countries' entire population, according to data from the United Nations Population Division's 'International Migrant Stock 2015'.

During 2018, the largest outflow was to UAE, comprising 1.03 lakh (or 35%) of the total workers granted emigration clearances. This was followed by Saudi Arabia and Kuwait with 65,000 and 52,000 workers headed to these countries.

In 2017, Saudi Arabia had relinquished its position as the most attractive destination among Gulf countries for Indian workers. In 2014, nearly 3.30 lakh workers had migrated to Saudi Arabia-over a five-year period the decline has been a sharp 80%.

According to a reply given by the Ministry of External Affairs (MEA) in the Lok Sabha, last December, there are several reasons for the decrease in numbers. "Prominent among them is that the Gulf countries are passing through a period of economic slowdown primarily because of the slump in oil prices. Coupled with this, the Gulf countries are aiming at filling up maximum posts both in public and private sector with their own nationals."

Comments

AU, Mangalore
 - 
Sunday, 13 Jan 2019

T

he world is suffering economically due to bad leaders and their phylosophy about other religion. Due to unwanted wars and its expenses, Today entire world and people sufeering due to their failue in handling countries. Population increasing and the requirements also should increase but why economy is going down? We cannot find leaders like Mr. Manmohan singh in entire life. No politicians bothered about others personal problems. All are selfish people and using vote bank to lure the citizen. No smile on anyones face now due to bad economy and price hike. Peace in life went away.

Joseph Stalin
 - 
Saturday, 12 Jan 2019

There are many jobs in India. We are hesitate to do jobs in India. We think about status, position. But if he/she goes to arab countries, will do all kind of job

Unknown
 - 
Saturday, 12 Jan 2019

Feku doesnt bothered about Indians job. He's promoting pakoda and tea selling. If Arab countries also ignoring Indians means there is something to worry

Suresh
 - 
Saturday, 12 Jan 2019

They given salary but still people from India made Arab countries bigger. Thier efforts made them developed

Mohan
 - 
Saturday, 12 Jan 2019

Arab countries started ignoring Indian workers. 

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News Network
February 2,2020

New Delhi, Feb 2: Budget 2020 announcement that insurance behemoth LIC will be listed was well received by market participants who said this will be "IPO of the decade" akin to the Saudi Aramco listing.

Finance Minister Nirmala Sitharaman on Saturday said Life Insurance Corporation (LIC) will be listed as part of the government disinvestment initiative.

A "highlight of the budget is the LIC IPO, which is akin to the Saudi Aramco listing for Indian capital markets, and will be IPO of the decade," Vijay Bhushan, President, Association of National Exchanges Members of India (ANMI) said.

According to Krishna Kumar Karwa, Managing Director, Emkay Global Financial Services, the LIC IPO will be a big positive for corporate governance and transparency and will open up one more avenue for fund raising for the government over the years.

Metropolitan Stock Exchange, Interim CEO, Balu Nair said: "The LIC listing will be eagerly awaited by investors and will provide huge fillip to capital raising through the primary market." The government proposes to sell a part of its holding in LIC through an initial public offer, Sitharaman said while presenting Budget 2020-21.

"The government will sell part of LIC through its listing in the stock market which is also a positive trigger for the market," Amit Gupta, CO-Founder and CEO, TradingBells.

Jaideep Hansraj, MD and CEO of Kotak Securities said listing of LIC would help bridge a gap in the Fiscal Deficit for FY21.

Currently, the government owns the entire 100 per cent stake in LIC.

Saudi Aramco shares were listed in December last year.

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News Network
July 11,2020

Bengaluru, Jul 11: Karnataka on Saturday reported the biggest single-day spurt of 2,798 cases and a record 70 related fatalities, taking the total number of infections in the state to 36,216, the health department said.

The day also saw a record 880 patients getting discharged after recovery.

Out of 2,798 fresh cases, a whopping 1,533 cases were from Bengaluru urban alone.

The previous biggest single-day spike was recorded on July 10 with 2,313 cases.

As of July 11 evening, cumulatively 36,216 COVID-19 cases have been confirmed in the state, which includes 613 deaths and 14,716 discharges, the health department said in its bulletin.

It said out of 20,883 active cases, 20,379 patients are in isolation at designated hospitals and are stable, while 504 are in ICU.

Out of 70 deaths reported, 23 are from Bengaluru urban, 8 from Mysuru, five from Dakshina Kannada, among others.

Most of the dead are either with a history of Severe Acute Respiratory Infection (SARI) or Influenza-like illness (ILI).

Out of 2,798 cases tested positive today, contacts of the majority of the cases are still under tracing.

Among the districts where the new cases were reported, Bengaluru urban accounts for 1533 cases, followed by Dakshina Kannada 186, Udupi 90, Mysuru 83, Tumakuru 78, Dharwad 77 and Yadgir 74.

Bengaluru urban district tops the list of positive cases, with a total of 16,862 infections, followed by DakshinaKannada 2,026 and Kalaburagi 2,024.

A total of 7.99 lakh samples were tested so far, out of which 20,587 were tested on Saturday alone.

So far 7.46 lakh samples have been reported as negative, and out of them 17,488 were reported negative today.

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News Network
January 26,2020

Mangaluru, Jan 26: A 55-year-old man has been arrested for allegedly attacking his sister-in-law and her daughter with acid used to make rubber sheets in Dakshina Kannada district of Karnataka, police said on Saturday.

The victim, a 35-year-old widow with three daughters, has been admitted to the government Wenlock Hospital here with severe burns. Her daughter, who suffered minor injuries, is also hospitalised.

In her complaint, the woman said her late husband's elder brother came to her house on Thursday, abused her in foul language before opening an acid bottle and throwing its contents at her through the window.

The woman suffered burn injuries on her face, neck and shoulders and her daughter on her legs and hands.

The victim's husband had taken a loan of Rs 5 lakh from a cooperative bank but died in 2018 after paying only two instalments and the woman could not repay it further.

The bank's notices kept coming to the elder sibling's address, which infuriated him. There was also a long-pending land dispute between the two, sources said.

Based on the woman's complaint, a case was registered on Friday and the man arrested soon after. Kadaba sub-inspector police Rukma Naik visited Wenlock

Hospital to record the woman's statement, police added.

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