Siddaramaiah seeks concessions for NRI, PIO community in union budget
Team Udayavani, Jan 8, 2017, 3:33 PM IST
Bengaluru: Karnataka Chief Minister Siddaramaiah today urged the Union Government to announce suitable concessions for the NRI and PIO community in the general budget, in the backdrop of recent global developments.
“The event is being held in the backdrop of many a far-reaching change across the world. Particularly, the recent changes in the United States of America and the United Kingdom raise questions on effective movement of skilled workers across borders,” Siddaramaiah said.
“It would not be out of place to urge theUnion Government, the Finance Ministry in particular, to beconscious of these changes and announce suitable concessions for the NRI and PIO Community in the General Budget to be presented shortly,” he said.
Siddaramaih was speaking at the inauguration of Pravasi Bharatiya Divas Convention here that was attended by Prime Minister Narendra Modi, Portugal Prime Minister Antonio Costa and Suriname Vice President Michael Ashwin Adhin,among others.
He also drew the Prime Minister’s attention to the resolutions passed in the Global Convention of the Global Organization of People of Indian Origin (GOPIO), held in Bengaluru recently, seeking extension of time till December 30, 2017, for NRIs and PIO to exchange and deposithigh denomination specified bank notes in Reserve Bank of India or State Bank of India.
Pitching Karnataka as the investment destination by listing various measures taken by his government, theChief Minister referred to the NRI policy brought out bythe state.
“I am glad to share with you that we have announced the NRI Policy of Karnataka, just two days ago, with a vision to play a catalytic role in achieving sustainable linkages in the globe, so that, a progressive, prosperous, robust and vibrant Karnataka is built,” he said.
Udayavani is now on Telegram. Click here to join our channel and stay updated with the latest news.
Top News
Related Articles More
Rs 20.14 cr unaccounted cash seized in poll run up in Karnataka
Congress’s Kolar conundrum remains unsolved despite CM, DCM attempt to quell dissent
Mangaluru: Illegal slaughterhouse raided by police, Three arrested
NIA arrests key conspirator in Bengaluru’s Rameshwaram Cafe blast case: Officials
JD(S) Hassan candidate Prajwal Revanna has assets worth Rs 40.85 cr
MUST WATCH
Latest Additions
Rs 20.14 cr unaccounted cash seized in poll run up in Karnataka
HC grants bail to man held for sexually assaulting ‘friend’ at Mumbai beach in 2021
Congress’s Kolar conundrum remains unsolved despite CM, DCM attempt to quell dissent
Mangaluru: Illegal slaughterhouse raided by police, Three arrested
‘No evidence of wrongdoing’: CBI closes UPA-era Air India aircraft leasing