Thiruvananthapuram: A total of 15.56 lakh kalites returned to the state from abroad after the rupture of Covid-19, and from this, more than 71% had lost their jobs, in accordance with the data of the Department of Kerala Non-Resident.
As many as 11.13,997 people (71.56%) of 15,56,715 people who have returned to the state since last year have returned after losing their jobs.
The highest number of expatriates returned from the UAE, from which 9,210.76 expatriates returned to the country.
Some returned from Saudi Arabia (1,78,692), Bahrain (45,982), Kuwait (53,149), Oman (1,41,225), Qatar (1,59,206) and from other countries (57,385).
The government has announced the financial assistance of Rs 5,000 for those who have returned from abroad.
As many as 1,75,474 people have submitted this relief, where 1,28,799 people have been approved.
Pandemic also has a negative impact on subjecting foreign money in a big way.
In accordance with the figures of the State Planning Board, there is a reduction of 65% in foreign money transfers through the official private money transfer route from January 2020 to May 2020 in the state.
Government agencies such as Kerala State Industrial Development Corporation (KSIDC) and Kerala Financial Corporation (KFC) have come up with several schemes for returning refugees.
KSIDC has offered loans for expatriates that have returned to the country.
Loans will be offered to new industrial units or existing existing for expansion or asset creation.
Corporate support will reach 50% of project costs, depending on the maximum RS 2 Crore.
About 150 expatriates that will be selected through Norka’s root will be supported under this scheme.
Launched by KFC with the aim of helping those who returned from the state and abroad to start a business, the Head of Entrepreneurship Development Program (CMEdp) aims to open 5,000 new businesses in the next five years with 1,000 units per year.
Loans are given at an interest rate of 7%, up to a maximum RS 50 lakh.
In addition, free training in their field of choice is also offered.
Although the CMEDP was launched last year, KFC now wants to launch initiatives with small changes.
In addition, Norka’s root has also launched several schemes such as Norka Santwana, the Norka Department scheme for returned immigrants, etc.
To hold the returned expatriates.