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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coastaldigest.com news network
June 30,2020

Udupi, Jun 30: The novel coronavirus has claimed another life in the coastal district. The throat swabs of a 48-year-old man who breathed his last two days ago tested positive today. 

With this, the covid-19 death toll in the district rose to 3.

The man, who was a native of Kalthodu in Byndoor, had returned from Mumbai on June 2. He breathed his last on June 28 at his residence. 

The deceased’s swabs were collected on the same day. The report came today. He was reportedly suffering from some illnesses.

The funeral of the deceased was held as per protocol. The swab samples of primary contacts of the deceased were also taken.

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News Network
July 16,2020

Bengaluru, Jul 16: Former union minister and Senior Congress leader Veerappa Moily on Wednesday said that if at all there is a political future for Sachin Pilot it is in the Congress party.

While speaking to news agency, Moily said Sachin Pilot achieved everything by being in Congress party.

"Sachin Pilot became MP, union minister in UPA-II, PCC president in Rajasthan and Deputy Chief Minister of Rajasthan. Whatever grievances you have, it needs to be resolved within the forum of the party. There is no hurry for Sachin Pilot. If at all there is a future for him it is in the Congress party. He has to realise that. He says he won't join BJP, it is good," Moily said.

The former Union Minister Moily further said that Pilot could not become Chief Minister as in Congress, the high command sends an observer and opinion of MLAs is ascertained, be it in Madhya Pradesh or Rajasthan.

"The leader who enjoys the support of elected MLAs is made Chief Minister," Moily said.
On July 14, Congress party had sacked Sachin Pilot from the post of Deputy Chief Minister of Rajasthan and also from PCC president.

The Rajasthan Congress is in turmoil over the past few days. State Chief Minister Ashok Gehlot has blamed the BJP for attempting to destabilise the state government by poaching MLAs. The Congress government in the state is facing a political crisis after simmering differences between Pilot and Ashok Gehlot came out in the open.

A controversy broke out in Rajasthan after Special Operation Group (SOG) sent a notice to Pilot to record his statement in the case registered by SOG in the alleged poaching of Congress MLAs in the state.

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Agencies
January 16,2020

Bengaluru, Jan 16: Amping up the online payment experience for consumers, Razorpay, the leading full-stack financial services company, today launched a new product, Instant Refunds for businesses.

This new feature activates refunds and credits the customer's source account across payment methods such as credit card, net banking, and UPI within a minute of initiation.

India is one of the fastest-growing online retail markets today. About 71 per cent of internet users in the country purchase products online. Today, the refund process has two major pain points for both the end customer and the business.

First, a delay of five-seven business days for the customer in receiving the money because of multiple intermediaries like the acquiring bank, issuing bank and the networks (VISA/MasterCard/Rupay).

Second, the lack of transparency during the entire refund process for both the customer and the business. This long cycle of processing refunds is a significant problem with every popular payment method in the industry.

By issuing refunds instantly, Razorpay will help businesses retain their customers, build trust through an improved hassle-free payment experience and provide complete transparency on refunds to both the business and the end-user.

This new feature will also reduce the dependence on manpower as every refund issue on an average leads to ten service emails or calls from customer support teams.

"Instant Refunds are the new normal and central to great customer experience. A lot of consumers fail to use online payment methods as they feel getting refunds through an online platform is a very time-consuming task; hence they prefer CoD as the best alternative. Given the technological advancements being made in the fin-tech ecosystem, its fair for customers to expect refunds as fast as possible. A solution like Instant Refunds will not only help build consumer confidence in digital payments but also reduce losses for e-commerce companies where CoD has become an expensive option with more than 50 per cent online transactions made through cash", said Shashank Kumar, CTO & Co-founder of Razorpay.

"Our Instant Refunds feature ensures that the refund is processed at a 3600x faster pace than the normal expected time of five-seven business days. The team is focused on creating new technologies designed to make the entire payment lifecycle hassle-free. We believe this new feature will make customers experience a notch higher, help brands create a competitive advantage, and even make them more profitable", he added.

Razorpay's growth has been uphill, particularly in the last two years. With a 500 per cent growth in 2019, the company has been witnessing a healthy growth rate of 35 per cent month-on-month.

The company also recently launched its corporate credit cards for its partner businesses, RazorpayX current accounts, support for freelancers and homepreneurs, and acquired Opfin, a payroll and HR management software company.

Currently powering payments for over 800,000 businesses including the likes of Indigo, BSE, Thomas Cook, Reliance, SpiceJet, Aditya Birla, Sony, and Oyo, the team plans to increase this count to 1,400,000 by this year. The full-stack financial solutions company expects a 4x growth in its revenue by the end of the next fiscal year.

This story is provided by NewsVoir. ANI will not be responsible in any way for the content of this article.

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