Government of Kerela launches Pravasi Dividend Pension Scheme

The Government of Kerala has launched 'Pravasi Dividend Pension Scheme'.

The Governor of Kerala P. Sathasivam made this announcement in the address to the state assembly.

Details of the Scheme:

The scheme has been introduced by the Government of Kerala as part of welfare measures towards Pravasi Malayalis.
Under the scheme, a regular pension would be provided to Non-Resident Keralites on a one-time payment of Rs 5 lakh.
This onetime payment would be deposited with KIIFB (Kerala Infrastructure Investment Fund Board) for financing infrastructure projects.
On the occasion, Governor also announced an international Toll-Free Line to provide information, register complaints and details about the action taken on various issues faced by the Non-Resident Indians from Kerala and an interactive portal to provide information on job opportunities in various countries, online attestation and recruitment processes.

The NRIs of Kerala, make a significant contribution towards the welfare of the state.
The inflow of NRI deposits to Kerala stood at Rs 1,52,348 crore at March 2017.
Kerala has 2.1 million migrants across the world and almost 90 per cent of the migrant Keralites are in the Middle East.
The government had initiated Loka Kerala Sabha (LKS) 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 provides a platform for offering meaningful say by the NRI community in implementing schemes for building a new Kerala.