FICCI in News
Migration is crucial to development
Focus News, Dec 06, 2016
FICCI in partnership with the Ministry of external Affairs, Government of India; the Global Knowledge Partnership on Migration and Development (KNOMAD), World Bank; and the International Organisation for Migration (IOM) organized its second ‘International conference on Mobility and the Business Case for Migration’ at the Federation House, New Delhi on 5th December 2016. The conference was attended by representatives from International Organizations, UN Agencies, private sector, academic institutions and the government. Dr. Dilip Ratha, Head, KNOMAD World Bank in his inaugural address spoke on the importance of the role of diaspora in countries of origin and destination. He noted that there are nearly 250 million international and 750 million internal migrants who together form nearly a billion people who have moved from their place of origin. He stated that migration is crucial to development. Areas where the private sector can play a big role that include bringing about a reduction in costs of remittance transfers, mobilization of diaspora savings and investments, and ‘brain circulation', Mr. Manish Gupta, Joint Secretary, OIA-I, Ministry of External Affairs delivered a special address on behalf of Mr. Dnyaneshwar Mulay, Secretary, OIA, MEA. He pointed out that we live in an increasingly interdependent world. However, unfortunately, the migration discourse continues to be guided by political rhetoric and misrepresentation of facts. It is vital to implement better policies that are decided in consultation with all stakeholders including businesses. Collaborative partnerships on creating labour market information system, ethical recruitment and diaspora are key to move the agenda forward.

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