New Delhi, Dec 17 (PTI) No job loss among Indians employed in Dubai has been reported so far following the multi-billion-dollar debt crisis in the Gulf city state, Government informed Rajya Sabha today.
"No" was the emphatic answer of Overseas Indian Affairs Minister Vayalar Ravi to a question whether a considerable number of Indians working in Dubai were recently dismissed from their jobs following the debt debacle which mostly affected the real estate sector.
Ravi said there was no apprehension of any significant sudden job loss for the Indian workers employed there.
Global financial markets plunged late last month after Dubai World, the government investment firm burdened with USD 59 billion liabilities, requested for deferment of the debt.
"No" was the emphatic answer of Overseas Indian Affairs Minister Vayalar Ravi to a question whether a considerable number of Indians working in Dubai were recently dismissed from their jobs following the debt debacle which mostly affected the real estate sector.
Ravi said there was no apprehension of any significant sudden job loss for the Indian workers employed there.
Global financial markets plunged late last month after Dubai World, the government investment firm burdened with USD 59 billion liabilities, requested for deferment of the debt.
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