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BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Global Ayurveda and Wellness Conclave to Showcase Kerala as Domain Leader
KINFRA Signs MoU with Goldsikka Pvt Ltd to Set up Global Gold City at Mattannur
Kerala Budget Increases Allocation for Tourism Sector to Rs 413.52 cr
Rs 99.52 Cr for KSUM; Three New Schemes Rolled Out
Vietnam’s New Policy Signals Open a Wider Flight Path for India
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  • Diaspora Seeks Revocation of New Rule on NRI Status

    By NE Reporter on April 14, 2020

    MANAMA (BAHRAIN):
    The Global Organisation of People of Indian Origin (GOPIO) has requested the Government of India to revoke the provision in the Union budget introduced this year redefining the status of NRIs and stating that an Indian national who wants to claim the non-resident status can’t stay in India for more than 120 days in a year, while the earlier limit was 180 days.

    The provision has hit many NRIs hard due to the worldwide restrictions in travel and stay imposed in the wake of the COVID-19 pandemic, said Sunny Kulathakal, president of GOPIO International, in a representation sent to Union Finance Minister Nirmala Sitharaman.

    The new rule has virtually penalised the NRIs and PIOs who have been contributing substantially to the growth of Indian economy. Many NRIs have been forced to stay longer in India due to quarantine and travel restrictions resulting in their losing their NRI status.

    “These disruptive developments are beyond our control,” said Kulathakal and urged the minister to consider their plight and repeal the revised NRI status duration rule immediately.

    Reminding the government of the role of NRIs in the country’s development, he said as per a World Bank report, India is the world’s topmost recipient of remittances by the diaspora which sent a whopping USD 79 billion back home in 2018 showing a rise of 14 percent from the previous year.

    GOPIO has also been striving to promote the Prime Minister’s initiatives such as Make-in-India, Skill India and Digital India among the NRI-PIO community besides taking up their social, economic, cultural and educational issues around the globe. But they are now dismayed by the new rule, he said and requested the finance minister to come to their aid at this critical time.

     

    NE Reporter

    Covid-19 PandemicDigital Indiafinance ministerGOPIOGovernment of IndiaMake in IndiaNirmala SitharamanNRI Statusquarantineskill Indiatravel restrictionsUnion budget Indian nationalWorld Bank report

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    Live Updates

    • Global Ayurveda and Wellness Conclave to Showcase Kerala as Domain Leader
    • KINFRA Signs MoU with Goldsikka Pvt Ltd to Set up Global Gold City at Mattannur
    • Kerala Budget Increases Allocation for Tourism Sector to Rs 413.52 cr
    • Rs 99.52 Cr for KSUM; Three New Schemes Rolled Out
    • Vietnam’s New Policy Signals Open a Wider Flight Path for India

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    What’s New ?

    • Global Ayurveda and Wellness Conclave to Showcase Kerala as Domain Leader
    • KINFRA Signs MoU with Goldsikka Pvt Ltd to Set up Global Gold City at Mattannur
    • Kerala Budget Increases Allocation for Tourism Sector to Rs 413.52 cr
    • Rs 99.52 Cr for KSUM; Three New Schemes Rolled Out
    • Vietnam’s New Policy Signals Open a Wider Flight Path for India

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