Sunday, March 1, 2009

Job Loss in Gulf Countries due to Financial Crisis

The Financial crisis which persist in the whole world have even affected Fourign Employees. There is news regarding Job Loss in Gulf Countries and so may Gulf People are returning back to home nations. This may be due to Financial Crisis.

News was there that around 1 lakh Gulf Malayalies returned back to India during last some months. More and more Gulf Malayalies will come back and the count may exceed 5 lakh's within comming months. These all are due to loss of Job in Gulf Countries due to Financial Crisis.

Government of Kerala have announced some packages for Ex Gulf People (NRI) who returns back to Kerala without any Job. Hope this can give some relief for Gulf Malayalies.

Hope the Central Govenment will also give some help and assurance for all people who return to India after Job Loss.

The Gulf Mallu people usually have a lavish life. So they caunt even think of a situation without Job. The Unemployment rate in India will increase if so many people return from Gulf, US, UK, Saudi Arabia, Oman, UAE, Dubai, Kuwait etc....

Hope Govenment may announce some packages for NRI's.

Thank You.