|
|
|
|
|
25th Zulqada 1435 | Monday, Sep 22, 2014
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

Estonia to clear bush along Russian border...

Estonian government has decided to clear the bush along the border between Estonia and Russia for full infrastructure development on border ...

Tariq Anwar hopeful of NCP, Cong alliance in Maharashtra

With Congress and NCP alliance for Maharashtra poll still undecided, NCP General Secretary Tariq An ...

Seven dead, more than one lakh affected in Meghalaya floods

At least seven persons were reported killed in Meghalaya’s South West Garo Hills district today a ...

Related News

UAE police investigating Indian girl's death at sea

Police in the United Arab Emirates (UAE) are investigating the death of a five-year-old Indian girl, ...

Four of family killed in rocket attack in Afghanistan

At least four members of a family, including two children and two women, died and 13 others were inj ...

Indian-origin man assaulted 2 teenagers in...

A 30-year-old Indian-origin man in New Zealand was today accused of assaulting two teenage girls while traveling in Intercity buses. Dha ...

Post new comment

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

Rs. 26190 (Per 10g)

Opinion Poll
Do you think Modi saying Muslims patriotic, a diplomatic statement?
YesNoCan't say

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

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