Thiruvananthapuam: The funds mobilised through the 'Pravasi Dividend Scheme' for the infrastructural development of the state had crossed Rs 100 crore.
The 'Pravasi Dividend Scheme' implemented by the 'Kerala Pravasi Welfare Board' on behalf of state government is maintaining the faith of the expatriates even in these difficult times created due to COVID-19 pandemic.
Expatriates from 20 countries in Asia, Europe, North America and Africa have already invested in the scheme.
So far, out of 877 members of the scheme, 352 are expatriates who had returned home.
This achievement is the result of the faith shown by the expatriates in the scheme even during the difficult times.
The scheme, which was inaugurated on December 14, 2019 by the Kerala Chief Minister Pinarayi Vijayan, has been well received by the expatriates from the very beginning.
Under the 'Pravasi Dividend Scheme', a Non-Resident Keralite and his/her life partner will get regular monthly dividends for a one-time deposit.
The government would collect the deposits in the range of Rs 3 lakh to Rs 51 lakh and the amount would be handed over to agencies assigned for infrastructure development. The deposits would be collected through the Kerala Non-Resident Keralites Welfare Board.
The investor or nominee would get a monthly dividend of 10 per cent from the fourth year of deposit.
Click on http://pravasikerala.org/dividend/ to join 'Pravasi Dividend Scheme'.