With NRIs Losing Jobs In Gulf, Recession Worries In Kerala | Read

PUBLISHED ON: September 2, 2016 | Duration: 1 min, 31 sec

   
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A labour crisis in the Gulf is pushing Kerala towards recession, a worried Left government in the state has said as it completes hundred days in power. A massive 35% of Kerala's Gross Domestic Product or GDP is made up of remittances or money sent back to their families by people working in West Asia. With countries like Saudi Arabia initiating austerity measures after a fall in oil prices, thousands of Indian workers have lost their jobs. A big chunk of them are from Kerala.
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