• search

Indians abroad can invest in insurance, real estate: PM

Written by: Staff

Tashkent, Apr 26 (UNI) Prime Minister Manmohan Singh today announced his government's decision to assist Indians settled abroad to invest in sectors like insurance and real estate.

The scheme of dual nationality for Indians settled abroad is now operational. The ministries concerned are constantly looking at simplifying procedures in fields like insurance, investment and purchase of property, Dr Singh said during an interaction with Indian nationals and prominent Indologists in Uzbekistan.

''We have taken several initiatives which have found a positive resonance amongst Indian abroad,'' Dr Singh said.

He said India recognised the significant contribution being made by non-resident and overseas Indians in the development of the Indian economy and commerce. Acknowledging the importance of their work and to address their specific requirements, he said one of the first decisions the UPA Government took was to set up the Ministry of Overseas Indian Affairs to address the concerns of the Indian diaspora.

Noting that x x x picking up from para four line one of DF 26 EXTERNAL-PM-DUAL CITZENSHIP UNI AT PA VC1735

For Daily Alerts

For Breaking News from Oneindia
Get instant news updates throughout the day.

Notification Settings X
Time Settings
Clear Notification X
Do you want to clear all the notifications from your inbox?
Settings X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more