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Homechevron_rightKeralachevron_rightNRI company to formed...

NRI company to formed with their shares: AC Moideen


Minister AC Moideen speaks after inaugurating 

Kozhikode: The government will form a company by raising shares from the non-residents, Kerala minister for Local Self Government,  AC Moideen said while inaugurating the new office of Norka Roots Certificate Authentication Centre here.

The government will hold 26 percent shares in the company.  NRI township construction, basic infrastructure development and related facilities  will be the focus of the company. The project also envisages rehabilitation of those who return to the state due to issues like nitaqat enforced by Saudi Arabia.

A college will be started in Mavelikkara for the children of NRIs.  The minister also  said that government will lend wholehearted support for NRI welfare.   Cheating of beneficiaries by  agents is a matter of serious concern. Those who cheat should be subjected to strict action.

Certificate Authentication done at Thiruvananthapuram can be done now at Kozhikode itself. NRIs should be given all assisance as they are the backbone of Kerala's economy.  Awareness on government schemes should be propagated.  No NRI should be denied his rights owing to ignorance of the schemes.

The government has launched various schemes. A scheme enabling NRI to contact with Norka Roots from any corner of the globe is one of them.  Rs 25 Cr was disbursed through Santhwanam, a rehabilitation scheme meant for returning NRIs. 

Bank of India has informed that a loan of upto Rs 10 lakh will be given for rehabilitation of NRIs without pledge.  The second conference Loka Kerala Sabha, a venue meant to hear the opinion of NRIs and to discuss issues they face,  will be held in January 2020, the minister said.

The new office has been opened in the Vikas building at Link Road in Kozhikode.  All services of Norka including certificate authentication will be available here.  Home attestation for certificates other than education will also be available.

The minister distributed attested certificates.  Mayor Thottathil Raveendran presided over the function.  MK Raghavan MP, ward councillor PM Niyas, Norka Roots joint secretary K. Janardhanan, Pravasikshemanidhi board director Badusha Kadalundi and others spoke. Norka Roots resident vice-chairman K. Varadarajan welcomed the gathering and General Manager D. Jagdish paid vote of thanks.

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News Summary - NRI company to formed with their shares: AC Moideen
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