Thursday, 3 September 2009

KERALA: Emigration, remittances in Kerala not hit by meltdown: Study

THIRUVANANTHAPURAM: Notwithstanding the impact of global meltdown, the number of Keralites seeking overseas jobs, especially in Gulf nations and

remittance by Non-Resident Keralites are on the increase, a study shows.

The number of emigrants increased by 19 per cent to 21.9 lakhs from 18.4 lakhs while the remittance amount grew by 135 per cent from Rs 18,400 crores to Rs 43,300 crores between 2003-08, Migration and Monitoring Study (MMS) 2008 by Centre for Development Studies here revealed.

The study also indicated that the global crisis has partly contributed to acceleration in remittances in the case of Kerala. Read more

No comments:

Post a Comment