Tytler assures NRI properties,investment will be safegaurded

Mumbai, Jan 7, 2004

Minister of Overseas Indians Affairs Jagdish Tytler today assured the Indian diaspora that their investments and properties in the country of their birth would be safegaurded.

Speaking at the plenary session ''Initiatives for the Diaspora'' at the NCPA here, Mr Tytler said his department had made a suggestion that special courts be set up to hear cases of property and investment belonging to the NRIs.''Let's see what happens,'' he said.

He said there were cases of Indian workers in the Gulf especially housemaids and nurses being ill-treated and about 12,000 girls had been abandoned by NRIs after marriage.

''Give me six months time and you will get a positive signal in affairs related to you,'' he assured.

Mr S Krishnakumar, Secretary in the Ministry of Overseas Indians affairs, said dual citizenship would enable the Overseas Indians to invest in agriculture property in India.

This benefit would be apart from the Person of Indian Origin (PIO) card which enables visa free travel and educational facilities among other things. He said details and modalities of the dual citizenship are being worked out.

[India News]