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
May 29,2020

New Delhi, May 29: The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 1.2 crore on Karnataka Bank Limited for non-compliance of asset classification, divergence and provisioning norms.

"The penalty has been imposed in exercise of powers vested in RBI under the provisions of Section 47 A (1) (c) read with Section 46 (4) (i) of the Banking Regulation Act, 1949. 

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers," the central bank said in a statement on Thursday.

According to the central bank, the statutory inspection of the bank with reference to its financial position as on March 31, 2017, and as on March 31, 2018, and the Risk Assessment Reports (RAR) pertaining thereto revealed, inter-alia, non-compliance with the directions issued by RBI.

Earlier, a notice was issued to the bank advising it to show cause as to why penalty should not be imposed on it for non-compliance with the directions.

After considering the bank's reply to the notice, oral submissions made in the personal hearing and examination of additional submissions, RBI concluded that the charges of non-compliance with RBI directions warranted imposition of monetary penalty, according to a release.

This action is based on the deficiencies in regulatory compliance and is not intended to pronounce upon the validity of any transaction or agreement entered into by the bank with its customers.

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costaldigest.com news network
June 28,2020

Mangaluru, June 28: Three fresh deaths in last 24 hours have taken the total number of covid-19 deaths in Dakshina Kannada district to 13.

While a 31-year-old youth from Idya in Surathkal and a 57-year-old woman from Bantwal passed away last night, a 52-year-old woman from Jokatte breathed her last today. 

The youth from Suratkal breathed his last in Wenlok. The woman from Bantwal’s Loretto Padav village was unwell for last 1 year. She was tested positive three days ago and passed away at a private hospital. 

The woman from Jokatte was reportedly suffering from tuberculosis. On June 26, she was admitted to a private hospital in the city, where she was tested coronavirus positive.

As per the district health bulletin on Saturday June 27 evening, a total of 12,919 samples have been sent for tests till date, out of which 12,198 have turned out negative, and 576 positive, including 10 persons from other districts. 

Out of these, 148 are currently active. As many as 416 persons have recovered and been discharged.

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News Network
January 15,2020

Shivamogga, Jan 15: Chief Minister BS Yediyurappa announced here on Wednesady that he will present the state budget on March 5.

Speaking to media here at his Shekaripura residence, he said this will the first budget of Yediyurappa government after coming to power in July this year and it is going to be his seventh budget presentation.

Budget preparation are going on and priority will be given to farmers in the budget.

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