Ebene Magazine – Budgeting for expatriates: Congratulations to Finance Minister Keli ml

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Ebene Magazine - Budgeting for expatriates: Congratulations to Finance Minister Keli ml

Riyadh: Keli Arts and Culture Forum has lauded Finance Minister Thomas Isaac for presenting a budget that focuses on the welfare and rehabilitation of expatriates. As another firm step towards the creation of Nava Kerala, the Finance Minister presented a people’s budget in the House that will benefit all sections of the society.

The Budget has announced an integrated expatriate employment scheme for expatriates who are losing their jobs. Part of the plan is to prepare a list of returnees and provide them with skills training and assistance in going back abroad. It will benefit many expatriates who have lost their jobs and returned home due to the financial crisis created by the Kovid epidemic. An amount of `100 crore has been set apart in the budget for this project. An amount of `30 crore has been sanctioned for the relief of expatriates. This is in addition to the allocation of `9 crore to the Expatriate Welfare Fund.

The Finance Minister also took into account another demand of the expatriates for an increase in their pension. It has been increased to Rs 3,500 for expatriates and Rs 3,000 for expatriates. The dividend payable by foreigners has been increased to Rs.350.

In a congratulatory note to the Keli Secretariat, the people of Kerala said that despite the state’s financial woes caused by the Kovid epidemic, despite the non – cooperation of the Central Government and the lack of significant financial assistance, the people of Kerala will bring back to power the same government that took steps in the budget to increase the social pension to Rs. 1600 / -.

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