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Govt to protect expatriates from meltdown

Vice President Hamid Ansari said the Govt was mulling steps to ensure welfare of expatriates.

Written by Agencies | Kuwait City |
April 7, 2009 3:39:27 pm

With the global financial crisis affecting Indians in the Gulf region,Vice President Hamid Ansari has said the Government was mulling steps to ensure the welfare of expatriates reeling under the meltdown.

Addressing a gathering of Indian community in Kuwait,the Vice President,the first top Indian leader to visit the Gulf country in 28 years,said India’s “innate” caution has saved it from the worst effects of the economic meltdown.

“The good thing,as Indians,is because of the innate caution for which we were blamed has saved our country from the worst consequences of meltdown.

“It has affected us in some measure but by no means as it has affected others. Our growth rate which was 9 per cent will now be 5.56 per cent,” Ansari said,pointing that though it is not good but it is better than what other countries may achieve.

“Some people here are affected,some people in the Gulf are affected. These are the matters on which the government is thinking because the welfare of Indians is the primary responsibility of the government of the country,” he said at the reception last night hosted by the six-lakh strong Indian community,the largest expatriate group in Kuwait.

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