NRIs COME CLOSER TO INDIA

One stop shop for achieving investments from  NRIs has been created as OIFC on the pattern of Scottish enterprise and economic development agency for helping people and business of Scotland. There are more than 25 million Indians overseas and are movers and shakers of the Global Economy .. The ministry of overseas Indian affairs and Confederation of India industries (CII) Have joined hands in a 50 : 50 venture for Overseas Indian facilitation centre  ( OIFC ). This is the first time that such an initiative has been taken . This is a not for profit trust. The trust would be managed by a Nine Member Board headed by the Secretary Ministry of Overseas Indian affairs. The remittances from NRIs to India are $ 23 billion which is the highest in the world. The goal is to help NRIs  to become investors rather than be mere savers. This can make Indian economy boom with the investments coming from the overseas Indians to their homeland. PRINCE MOHAN http://www.currentnewsaffairs.com http://www.mindbodynsoul.com Tags:

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