|
|
|
|
|
7th Shabanul Mujam 1436 | Tuesday, May 26, 2015
NRIs Corner

Huge rise in NRK deposits in Kerala banks

Friday, 7 December 2012
Comments(0)
Trivanthapuram, December 07:

Kerala Finance Minister K.M.Mani Friday said that there has been a staggering increase of over Rs.17,000 crore in NRI deposits in the state's banks in the past one year.

"In 2011 the total NRI deposits in Kerala banks was Rs.38,556 crores and a year later in June this year, it has touched Rs.55,663 crores. One in 10 Keralites are abroad and the much-talked about Kerala model of growth was made possible by the Kerala diaspora," said Mani at an event in UAE, according to a statement released by his office here.

"Our government deeply values the yeoman service of the Kerala diaspora over the years and we will certainly look them up in high esteem. We are working out schemes both for the diaspora and for those who have returned for good," he said.

"We are working out a health scheme for the diaspora who have returned for good. Moreover recently there have been reports that in the state, the land and properties owned by the diaspora here are coming under duress from several quarters. We are soon floating very strong laws to see that this does not happen," assured Mani.

He noted that a good number of students from the state were going abroad for higher studies and if the state was able to retain them once they finish their studies, it would be a major boost for Kerala.

He added as per the latest statistics on the Kerala diaspora, UAE leads from the front with the largest Kerala population (8.83 lakh).

Latest News

Black money: Jaitley delighted with Swiss cooperation on Modi Govt. anni...

Union Finance Minister Arun Jaitley on Tuesday expressed his delight after the Swiss authorities sh ...

Smart card for unorganised sector workers soon: Dattatreya

The Centre would soon issue smart cards to the workers of the unorganised sector to enable them to a ...

Yemen evacuees struggling in Coimbatore

A group of nurses from Coimbatore are struggling for survival after being rescued from Yemen in April. Anitha, a nur ...

Related News

Number of Indian students in China crosses...

The number of Indian students in China has steadily risen to over 13,500 as India ranked among the top 10 nations sending the highest number ...

Increasing number of Indians studying in China

An increasing number of Indian students are coming to study in China, mostly in the medical field, w ...

11-year-old Indian-American genius graduates from US college

An Indian-American home-schooled boy has surprised one and all by graduating from a US college at th ...

Post new comment

To combat spam, please enter the code in the image.

Rs. 27000 (Per 10g)

Opinion Poll
Should mercy killing be legalised in India?
YesNoCan't say

Matrimony | Photos | Videos | Search | Polls | Archives | Advertise | Letters

© The Siasat Daily, 2012. All rights reserved.
Jawaharlal Nehru Road, Abids, Hyderabad - 500001, Telangana, India
Tel: +91-40-24744180, Fax: +91-40-24603188
contact@siasat.com