Bangla migration to India largest in developing world

September 13, 2013

Social_Affairs

London, Sep 13: The exodus from Bangladeshis into India has for the first time been termed by the United Nations as "the single largest bilateral stock of international migrants" in the eastern hemisphere and also in the developing world.

Data revealed on Thursday by the UN Department of Economic and Social Affairs (UN-DESA) shows that in 2013, India was home to 3.2 million Bangladeshi residents who had migrated into the country and settled there.

Not surprisingly, India was the favourite destination for Bangladeshi migrants in 2013, the report said.

For Indians, however, it was the Middle East that was the clear favourite for migration. Two countries in the Middle East were the main destinations - UAE, having 2.9 million Indian migrants, and Saudi Arabia which had 1.8 million.

However the biggest rise in the number of Indians migrating to a single country was to the US. In 2013, 2.1 million Indians were in the US, which was also home to 2.2 million foreign-born from China and 2 million from the Philippines.

The UN-DESA report said that since 2000, the number of international migrants born in China or India and living in the US had doubled, whereas the number of Mexican foreign-born had only risen by about 31%.

South Asians were the largest group of international migrants living outside their home region. Of the 36 million international migrants from south Asia, 13.5 million resided in the oil-producing countries of west Asia.

The report said more people were living abroad than ever before. In 2013, 232 million people, or 3.2% of the world's population, were international migrants, compared with 175 million in 2000 and 154 million in 1990. The developed countries were home to 136 million migrants, compared to 96 million in the developing countries.

Most international migrants were of working age (20 to 64 years) and accounted for 74% of the total. Globally, women accounted for 48% of all international migrants.

Asians and Latin Americans living outside their home regions formed the largest global diaspora groups. In 2013, Asians represented the largest group, accounting for about 19 million migrants living in Europe, some 16 million in north America and about 3 million in Oceania.

The report, released by UN-DESA's population division, said Europe and Asia combined hosted nearly two-thirds of all international migrants.

Europe remained the most popular destination region with 72 million international migrants in 2013, compared to 71 million in Asia.

Compared to other regions, Asia has seen the largest increase of international migrants since 2000, adding some 20 million migrants in 13 years.

John Wilmoth, director of the division, said, "This growth was mainly fuelled by the increasing demand for foreign labour in the oil-producing countries of western Asia and in south-eastern Asian countries with rapidly growing economies, such as Malaysia, Singapore and Thailand."

In 2013, half of all international migrants lived in 10 countries, with the US hosting the largest number (45.8 million), followed by the Russian Federation (11 million); Germany (9.8 million); Saudi Arabia (9.1 million); United Arab Emirates (7.8 million); United Kingdom (7.8 million); France (7.4 million); Canada (7.3 million); Australia (6.5 million); and Spain (6.5 million).

The US gained the largest absolute number of international migrants between 1990 and 2013 — nearly 23 million, equal to one million additional migrants per year. The United Arab Emirates recorded the second largest gain with seven million, followed by Spain with six million.

Mr Wilmoth said, "Most international migrants settle in developing countries but in recent years they have been settling in almost equal number in developed and developing regions."

The figures are released ahead of a high-level global summit on migration and development to be held by the General Assembly in New York on October 3 and 4.

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News Network
January 6,2020

Jan 6: Senior Bharatiya Janata Party leader Subramanian Swamy on Sunday said the country's economy is not showing good signs though Prime Minister Narendra Modi has manifested tremendous leadership skills in fighting terror and in social welfare projects.

The fiscal decisions of the government have not yielded the desired results, the Rajya Sabha MP said here.

"Modi had shown tremendous leadership skill in fighting terror, in several social areas, micro areas like bringing toilets to every village home. But the economy is a complex system...," he said while taking part in a discussion.

While every minister is talking about a 5 trillion dollar economy by 2024, but the current GDP growth has to be multiplied in four years to achieve that, the former Union minister said.

He said, if wages are slashed as a measure to cope with the situation, labor will become cheap but that will also cut down the people's purchasing power triggering dip in demand, closing down factories and rise in unemployment.

"This is one problem for which you really need an economist," he said.

Swamy said in jest, "I think Modi has one problem with me. Not only I am an economist but also a politician."

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News Network
March 6,2020

Mumbai, Mar 6: A Rolls Royce car, paintings of famous artists M F Hussain and Amrita Sher-Gil, designer handbags and other luxury items belonging to fugitive diamond jeweller Nirav Modi garnered over Rs 51 crore in the second auction conducted on Thursday.

As many as 40 items went under the hammer on Thursday, which marks the completion of auction of assets seized by the Enforcement Directorate.

The auction was conducted by Saffronart on behalf of the deputy director, Enforcement Directorate, and was expected to garner a minimum of Rs 40 crore in proceeds.

A collection of 112 prized assets of Modi were put up for live and online auctions from March 3 to 5, which included major artworks by contemporary and modern Indian artists, designer handbags, luxury watches and cars.

While the online auction on March 3-4 garnered Rs 2.04 crore against the expected proceeds of Rs 52 lakh, the live auction on Thursday garnered Rs 51.41 crore more.

These assets, seized by the ED, were put on auction in an attempt to recover a part of the dues Modi owes to various banks.

According to officials from Saffronart, the ED would get Rs 53.45 crore from the proceeds of these two auctions.

The lots that went under the hammer included legendary painter MF Hussain's painting of 'Battle of Ganga and Jamuna- Mahabharata 12' which went for a record 12 crore, the highest price received so far for the painter's work.

Amrita Sher-Gil's rare 1935 painting 'Boys with Lemons', which was auctioned for the first time, sold for Rs 15.7 crore ($2.24 million).

V S Gaitonde's tranquil 1972 painting was sold for Rs 9.52 crore while Manjit Bawa's Untitled 1992 sold for Rs 6.16 crore. Modi's Rolls Royce Ghost witnessed a high demand, selling for twice its estimate at Rs 1.68 crore ($240,000).

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News Network
May 28,2020

May 28: Congress President Sonia Gandhi on Thursday asked the central government to unlock its coffers and help the needy affected by the coronavirus-induced lockdown.

In a video message posted as part of the Congress' 'Speak Up India' campaign, she lamented that even though the country is passing through a serious economic crisis with loss of livelihood due to the pandemic and the lockdown, the central government has not heard the cries of pain and trauma of people.

"We again urge the Centre to unlock its coffers and help the needy. Put direct cash of Rs 7,500 per month in the account of every family for the next six months and provide Rs 10,000 immediately; ensure safe and free travel of labourers back home, employment opportunity and rations; and also increase the number of work days under MNREGA to 200 days to facilitate jobs in villages," Gandhi said.

"Instead of loans, provide financial relief to small and medium industry so that crores of jobs are saved and the country progresses," she said in her video message on the party's social media handles.

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