For the five million Indians residing in the Gulf countries, many of them in blue-collar jobs, life is not that easy, thanks to higher cost of living.
According to a survey conducted by a Dubai-based non-governmental organisation, 95 per cent of Indians in the Gulf return empty-handed to their home country even after working for a decade.
Though only 10 per cent of Indian workers in the GCC nations live with families, a majority of them fail to save sufficient money due to low wages and high expenditure on medical treatment," K V Shamsuddin, chairman Pravasi Bandhu Welfare Trust said.
"We had conducted a survey among 10,100 middle and low income expatriate Indians in GCC and found that only five per cent had some financial resources to sustain themselves on return.
"While 95 per cent felt the need for some regular source of income when they return back to India and look after their families, he said.
The NGO is working for the betterment of Indian workers living in the GCC countries.
"We have noticed the pathetic condition of expatriate Indians who returned back to India after decades of service abroad," Shamsuddin said.
The survey also found the number of suicides among Indian expatriates is on increase over the years.
In 2004, there were 70 cases, while in 2005, it was 84 and by 2006, the count has touched 100.
The major cause of the suicides, according to the survey, were financial crisis and related depression.
http://www.financialexpress.com/latest_full_story.php?content_id=166671
According to a survey conducted by a Dubai-based non-governmental organisation, 95 per cent of Indians in the Gulf return empty-handed to their home country even after working for a decade.
Though only 10 per cent of Indian workers in the GCC nations live with families, a majority of them fail to save sufficient money due to low wages and high expenditure on medical treatment," K V Shamsuddin, chairman Pravasi Bandhu Welfare Trust said.
"We had conducted a survey among 10,100 middle and low income expatriate Indians in GCC and found that only five per cent had some financial resources to sustain themselves on return.
"While 95 per cent felt the need for some regular source of income when they return back to India and look after their families, he said.
The NGO is working for the betterment of Indian workers living in the GCC countries.
"We have noticed the pathetic condition of expatriate Indians who returned back to India after decades of service abroad," Shamsuddin said.
The survey also found the number of suicides among Indian expatriates is on increase over the years.
In 2004, there were 70 cases, while in 2005, it was 84 and by 2006, the count has touched 100.
The major cause of the suicides, according to the survey, were financial crisis and related depression.
http://www.financialexpress.com/latest_full_story.php?content_id=166671