Pravasi dividend pension scheme launched

Pravasi dividend pension scheme launched

Question: In which of the following state Pravasi dividend pension scheme will be launched?
(a) Maharashtra
(b) Karnataka
(c) Kerala
(d) Telangana
Answer: (c)
Related facts:

  • On 25 January 2019, Governor P. Sathasivam announced that the Kerala government will soon launch a ‘Pravasi dividend pension scheme’ so as to provide regular pension to Nonresident Keralites on a one-time payment of Rs.5 lakh.
  • The onetime payment of Rs 5 lakh will be deposited with KIIFB (Kerala infrastructure investment fund board) for financing infrastructure projects.
  • • According to a study, there are 2.1 million migrants from Kerala across the world whose estimated total remittances to the state has been found to be Rs. 85, 092 crore. Out Of these, close to 90 % are in the Middle East.
  • Governor P. Sathasivan mentioned that the state would set up a call centre with an international Toll free line so as to provide information, register complaints and details about action taken on various issues faced by the NRIs.
  • A comprehensive interactive portal will also be launched to provide information on job opportunities in various countries.
  • Lok Kerala Sabha (LKS) was also established with the aim of using the expertise, talent and resources of NRIs form Kerala for the overall growth and development of the state.
  • The LKS was supposed to offer a meaningful say to NRI community in implementing schemes for building a new Kerala.

Links:
https://www.business-standard.com/article/news-ians/kerala-to-launch-nri-pension-scheme-119012500716_1.html
https://www.thenewsminute.com/article/kerala-government-launch-nri-pension-scheme-95684
http://pravasiwelfarefund.org/