Non Resident
Indians -
Bread Earners |
|
| There are more than 20 million overseas Indians all over the
world. Indians are known to be a spirited people and they have excelled in every human
endeavour. The success stories of overseas Indians are a natural extension of the spirit of
excellence. The overseas Indian community has a major role to play in the events
of the country’s economic landscape.
|
|
| Overseas Indians share of foreign Direct Investment in India
(Rs. in million) |
| 1991 |
1992 |
1993 |
1994 |
1995 |
1996 |
1997 |
1998 |
| 1602.50 |
1496.60 |
5604.50 |
11185.40 |
19705.60 |
20620.40 |
10396.20 |
3594.80 |
| Total Rs. 75354.80 |
Major NRI Concentrations |
| Saudi Arabia |
2,50,000 |
| Bahrain |
48,000 |
| Qatar |
52,000 |
| UAE |
400,000 |
| Kuwait |
110,000 |
| Yemen |
103, 000 |
| Oman |
190,000 |
| Iraq |
32,000 |
| Libya |
36,000 |
| USA |
30,00,000 |
| Canada |
10,00,000 |
| Malaysia |
12,00,000 |
| Indonesia |
30,000 |
| Australia |
14,00,000 |
| United Kingdom |
16,00,000 |
| Germany |
60,000 |
|
| Nederland |
103,000 |
| France |
70,000 |
| Kenya |
70,000 |
| Tanzania |
40,000 |
| Mozambique |
21,000 |
| Mauritius |
701,000 |
| Thailand |
65,000 |
| Fiji |
331,000 |
| Srilanka |
10,30,000 |
| Jamaica |
39,000 |
| Trinidad & Tobago |
140,000 |
| Gayana |
300,000 |
| Nepal |
38,00,000 |
| Bhutan |
70,000 |
| Afghanistan |
46,000 |
|
|
|
‘PIO
CARD’ Scheme
The Government of India has introduced a
‘PIO Card ’ for the NRI’s - a special facility other than visa for incoming
travellers
Aim - The
Government has introduced this scheme understanding and respecting the need for Indians to
be close to their place of origin and has accordingly launched the PIO
Card Scheme, aimed
at making the journey back to their roots simpler, easier, flexible and absolutely
hassle-free. The PIO card will entitle a person to a set of privileges.
The Following persons are
eligible:
Who at any time has held an Indian passport or
He / She or either of his / her parents and grandparents or great grand parents was born
in and permanently resident of India as defined in the Government of India Act, 1935 and other territories that became part of India
thereafter or Who is a spouse of a citizen of India or a person of Indian origin as mentioned
above.
The scheme is broad based, covers up to
four generations and also the foreign spouse of a citizen of India or a PIO
The benefits for a PIO Cardholder:
No visa required for visiting India
Exemption from the requirements of
registration if stay in India does not exceed 180 days with the concerned Foreigners
Registration Officer at the District level.
Parity with non-resident Indians in
respect of facilities available to the latter in economic, financial and educational
fields.
All facilities in the matter of
acquisition, holding, transfer and disposal of immovable properties in India except in
matters relating to the acquisition of agricultural / plantation properties.
Facilities available to children of
NRI’s for getting admission to educational institutions in India including
medical colleges, engineering colleges, institute of technology,
institutes of management, etc
under the general categories.
Facilities available under the various
housing schemes of LIC, State Governments and other Government agencies.
Application Procedures:
Applications should be made to an Indian mission in
the country where the applicant is ordinarily a resident.
Applicants already in India on long-term
visa (more than one year) should make the application for issue of a PIO card
to the
following authorities:
Contact Address:
Joint Secretary (Foreigners), Ministry of Home
Affairs, 1st Floor, Lok Nayak Bhavan, Khan Market, New Delhi - 91 -11- 469 3334, Fax:
91-11- 462 1543
‘PIO card’ is valid for 20
years subject to the validity of the passport and will be valid only when accompanied with
a valid passport. The fee for the PIO Card is US $ 1000 inclusive of US $ 250
(non-refundable) as processing fee payable at the time of application.
For more details get in touch with
any Indian High Commission / Embassy or Consulate or contact:
The Ministry of Home Affairs, (Foreigners Division), Lok Nayak Bhavan, Khan Market, New
Delhi -110 003, Tel: 91-11- 469 3334
/ 461 1430, Fax: 91-11-462 1543, Telex: 31-74062,
E-mail: mha.cr@ren02.nic.in |
