Special fund to help the returnee diaspora in Kerala

    Return migration has been on rise in recent years due to recession as well as unfavourable situations in many destination countries. Return migration often associated with enriched skills rather than failure. But it also brings risk of adjustment in the home state. In the recent budget session the Kerala Finance Minister K.M. Mani, proposed a special fund to help the diaspora returning to the state. He said that "There are close to three million Keralites working abroad. Of late, the job scenario in Middle East is changing and forcing our people to return. To help such people, we are starting a scheme in which the diaspora can contribute,".  The capital will be given in the form of loan with three percent interest to start viable business. If this scheme is managed well, it may help in