Sunday, June 21, 2026
ADVT 
International

Kerala To Launch NRI Pension Scheme

IANS, 26 Jan, 2019 03:01 AM

    The Kerala government will soon launch a 'Pravasi Dividend Pension Scheme' to provide regular pension to Non Resident Keralites on a one-time payment of Rs 5 lakh, Governor P. Sathasivam said on Friday.


    He announced the scheme during his address to the state Assembly.


    "My government is committed to the welfare of millions of Pravasi Malayalis. The one-time payment of Rs 5 lakh will be deposited with KIIFB (Kerala Infrastructure Investment Fund Board) for financing infrastructure projects," said Sathasivam.


    There are 2.1 million migrants from Kerala across the world whose estimated total annual remittances to the state has been found to be Rs 85,092 crore, a study said.


    Of these, close to 90 per cent are in the Middle East.


    Sathasivam pointed out that the state would set up a call centre with an international Toll Free Line to provide information, register complaints and details about action taken on various issues faced by the Non-Resident Indians.


    "A comprehensive interactive portal will also be launched to provide information on job opportunities in various countries, online attestation and recruitment processes."


    He also spoke about the Loka Kerala Sabha (LKS) that was established with the aim of using the expertise, talent and resources of NRIs from Kerala for the overall growth and development of the state.


    The LKS was supposed to offer a meaningful say to the NRI community in implementing schemes for building a new Kerala and the scheme proved to be a success, Chief Minister Pinarayi Vijayan later told the media.


    "We are soon going to have a regional meet of LKS in the United Arab Emirates," he said.

     

    MORE International ARTICLES

    Back To The Shadows: Trump Win Has Hundreds Of Thousands Worried They Must Hide

    Back To The Shadows: Trump Win Has Hundreds Of Thousands Worried They Must Hide
    WASHINGTON — A feeling of dread is rippling through one particular group in the United States, as hundreds of thousands of young people fear they might have to hide in society's shadows during a Donald Trump presidency.

    Back To The Shadows: Trump Win Has Hundreds Of Thousands Worried They Must Hide

    Massive Theft Of Ontario's Casino Rama Data Sparks Proposed Class Action

    Massive Theft Of Ontario's Casino Rama Data Sparks Proposed Class Action
    TORONTO — Class-action lawyers wasted little time Friday in jumping on word of a cyberattack on an Ontario casino in which sensitive information was stolen.

    Massive Theft Of Ontario's Casino Rama Data Sparks Proposed Class Action

    Indian-Origin 'Flash Crash' Trader Navinder Singh Sarao Pleads Guilty In US Court

    Indian-Origin 'Flash Crash' Trader Navinder Singh Sarao Pleads Guilty In US Court
    An Indian-origin futures trader, who was extradited to the US after being arrested in the UK for his alleged role in the 2010 Wall Street "flash crash" which wiped nearly USD 1 trillion off the value of American shares in minutes, has pleaded guilty in a court in Chicago.

    Indian-Origin 'Flash Crash' Trader Navinder Singh Sarao Pleads Guilty In US Court

    British Prime Minister Theresa May Criticised At Home For Her 'Shambolic' India Visit

    Describing as "shambolic" British Prime Minister Theresa May's just-concluded visit to India, former Liberal Democrats leader Paddy Ashdown today criticised her hardline stance on immigration as "damaging" to UK's economy.

    British Prime Minister Theresa May Criticised At Home For Her 'Shambolic' India Visit

    Remembering India's 1.5 Lakh Fallen Soldiers in World War I

    Remembering India's 1.5 Lakh Fallen Soldiers in World War I
    World leaders gather in Belgium on Friday to mark the 98th anniversary of the end of World War I in which 1.5 lakh Indian soldiers participated as part of the largest volunteer army in the world.

    Remembering India's 1.5 Lakh Fallen Soldiers in World War I

    Convergence Of Views New Normal In Indo-US Ties: Envoy Richard Verma

    Convergence Of Views New Normal In Indo-US Ties: Envoy Richard Verma
    US Ambassador to India Richard Verma today reiterated that convergence of views was the "new normal" in Indo-US ties which is "based on results" and not on "rhetoric", seeking to assuage nerves in New Delhi on Donald Trump's election as President.

    Convergence Of Views New Normal In Indo-US Ties: Envoy Richard Verma