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
June 3,2020

Bengaluru, Jun 3: Former Union minister and senior Congress leader K H Muniyappa on Wednesday extended his support to former Prime minister and JD(S) National president H D Deve Gowda in the Rajya Sabha polls.

In a statement issued here here, Mr Muniyappa said that party which had an electoral understanding in the Lok Sabha elections, may extend support to Gowda in the June-19 Rajya Sabha elections from Karnataka.

It may be recalled that the Election Commission of India, is conducting elections to Rajya Sabya to fill four vacancies from the Karnataka Assembly, in which the ruling BJP may bag two seats, while the remaining may be won by the Congress and the JD(S).

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KT
April 12,2020

Apr 12: The board and management of troubled NMC Healthcare should be held accountable for the financial irregularities, said Abdulaziz Al Ghurair, chairman of the UAE Banks Federation.

"Banks have dealt with the exposure professionally and they lent to a company which was listed on FTSE-100 index with world-class regulator and the world's largest audit firm doing their audit. Even if they present their balance sheet today, people will still lend to them. This is a world-class fraud and the management and board members should be held accountable. We should have a different track to handle this company. It is not a normal track that we can go," Al Ghurair said during a virtual press conference on Sunday.

It is estimated that the more than 80 local, regional and international banks have exposure to healthcare firm. The UAE bourses had asked all the listed companies in the UAE to announce their exposure. The UAE banks last week announced nearly Dh10 billion exposure to NMC Healthcare, which is owned by the billionaire BR Shetty.

Abu Dhabi Commercial Bank has the highest exposure to NMC at Dh3 billion. Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure. Ajman Bank has Dh151.8 million while Al Salam Bank pegged its exposure at Dh161.5 million. All these lenders revealed their exposure for the first time on Sunday.

Abu Dhabi Islamic Bank said it had extended Dh1.07 billion in financing to NMC Healthcare, and an additional Dh113.67 million exposure to Islamic bonds issued by NMC.National Bank of Fujairah pegged its exposure to NMC at Dh289.1 million, while Sharjah-based United Arab Bank said its exposure was Dh135.3 million.

NMC recently revised its debt position to $6.6 billion, well above earlier estimates.

London's High Court last week placed hospital operator NMC Health into administration, on the application of Abu Dhabi Commercial Bank.

"I know leading bank in UAE have already legal guardian of the company so now management cannot hide anything. The new team will manage and discover what happened," said Al Ghurair.

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News Network
February 14,2020

Bengaluru, Feb 14: In order to bring down the accident rates, Karnataka government is planning to increase the penalty for road offences, state Transport Minister Laxman Savadi announced here on Thursday.

Addressing media persons here, he said, ''The Centre had brought an amendment to increase the penalty amount. We too have a similar proposal, which we will discuss, post the budget session.

''Before bringing in the amendment, we will create awareness among the road users. By increasing the penalty amount, the number of offences and accidents will come down,'' Mr Savadi added.

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