Nothing in budget for Kerala diaspora: Minister
July 6th, 2009 - 5:27 pm ICT by IANS
-
Thiruvananthapuram, July 6 (IANS) The union budget for 2009-10 presented in the Lok Sabha Monday offered nothing to the non-resident Keralites (NRKs), who were hit hard by the slowdown in the Middle East and other countries, Kerala Finance Minister Thomas Isaac said.
“Overseas Indian Affairs Minister Vayalar Ravi and Minister of State for External Affairs Shashi Tharoor are from Kerala. I certainly expected some sops for the NRKs, especially for those who lost jobs and returned home,” said Isaac.
Kerala has close to two million people working abroad, of which 90 percent work in the Middle East.
Chief Minister V.S. Achuthanandan last month had said the NRKs were sending home around Rs.65,000 crore every year, a major source of foreign exchange earning for the country.
The central government can allocate a share of that amount to the diaspora, the chief minister said.
The state government last month distributed financial assistance to those who returned from abroad from a newly set-up fund called Norka-Roots Chairman Fund.
Isaac added that Finance Minister Pranab Mukherjee’s claim that the economy would be back on the 9-percent growth path was “far fetched”.
“If you look at the predictions made by major funding agencies, India will grow between 4 to 7 percent only,” said Isaac.
However, Leader of the Opposition Oommen Chandy expressed happiness over the budget, saying it underscores the United Progressive Alliance (UPA) government’s commitment to its election manifesto.
“The social responsibility aspect has been taken care by the proposal to supply 25 kg of rice or wheat at Rs.3 per kg,” the Congress leader said.
There were widespread criticisms when the Economic Survey was tabled that the government was looking to sell out public sector firms, Chandy said.
“Is it there in the budget? Likewise, look at the importance given to the agriculture sector. Overall, it’s a forward-looking budget.”
The budget has set aside Rs.25 crore for setting up an off-campus centre of the Aligarh Muslim University (AMU) at Malappuram.
“The Left in Kerala was all along saying that there is no budgetary allocation for this. Now I would like to ask them where’s the land for the centre? The state government has to provide land,” said Minister of State for Railways E. Ahamed, who represents the Malappuram constituency.
Sphere: Related ContentRelated Stories
- Centre should chip in to help diaspora: Achuthanandan - Jun 12, 2009
- Kerala to involve small investors in infrastructure development - Dec 21, 2008
- Kerala budget devoid of any clear-cut proposals: Chandy - Feb 23, 2009
- Kerala allocates Rs.100 mn for returning expatriates - Feb 20, 2009
- Kerala woos diaspora, says investments in the state safe - Feb 21, 2009
- Remittances to Kerala set to fall - Jan 17, 2009
- Kerala to have new BPL list - Apr 22, 2009
- Kerala seeks Gulf countries' help to rehabilitate returnees - Jul 21, 2009
- NRIs from Kerala to get identity cards, welfare scheme - Jun 23, 2008
- Kerala approves welfare bill for NRKs - Mar 18, 2008
- Business
- agriculture sector
- chief minister
- congress leader
- economic survey
- election manifesto
- finance minister
- growth path
- indian affairs minister
- leader of the opposition
- Lok Sabha
- norka roots
- pranab mukherjee
- progressive alliance
- rs 65
- sector firms
- shashi tharoor
- sops
- union budget
- vayalar ravi
- work in the middle east
Posted in Business, |