14-05-21 Daily-Kerala-KPSC Current Affairs

With 1,92,481 guest workers in the state,Keralahas started the process of registering them for vaccination. Teams led by district labour officers are visiting all local camps and areas to record the numbers eligible for vaccinations.

Ernakulam district with a total of 47,296 persons has the highest number of guest workers, followed by Kannur with 27,279 people. According to thelabour department, most are in the age group of 18-44 years. Most of them do not have any comorbidities. Awareness drives are being conducted among the migrants, especially plantation workers on the need for vaccination.

Notices have been issued with call centre numbers in Hindi, , Odia, Bengali, Assamese and Telugu.

The funding for the Health welfare and vaccination would be done under the Pradhan Mantri Jan Arogya Yojana (PM-JAY).

Foreign direct (FDI) inflows into India rose 9.8% to a record $81.7 billion in 2020-21 on a gross basis on the back of record investment into companies such asReliance Jio.
Fresh Equity inflows are estimated to have increased by an impressive 19% to $59.6 billion, while reinvested earnings went up 14% to $16.2 billion.

Singapore was the top source, which is now followed by the United States with Mauritius once the dominant source of FDI due to tax benefits under the tax avoidance treaty pushed to the third spot.

In terms of Growth, inflows from Saudi Arabia. jumped from $90 million in 2019-20 to $2.8 billion last year. And with E-Commerce and IT being the major draw for overseas investors looking to tap into the India consumption story, computer Software and hardware emerged as the most attractive sector to invest, cornering nearly 44% of the FDI equity inflows. Next was construction (Infrastructure), which accounted for a 13% share. Among the states it was Gujarat that was the top recipient, according to the Centres data, accounting for 37% of the inflows, followed byMaharashtra(27%) and Karnataka (13%).

The government has been seeking to bolster FDI especially in the manufacturing sector and some of the investments are related to companies such asApples vendors andSamsungpumping in funds to set up bigger production facilities for mobiles and electronics goods.

The government has identified close to 1,000 companies and is working withInvest Indiato tap companies that are seeking to diversify their production bases.