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    Goanetter Francis Rodrigues (Vasco/Toronto) book launch in
London, England @ the World Goa Day festivities on 15 Aug at 7pm
              Details http://www.konkanisongbook.com

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Shame on Goans

      Demi-sheikhs return home shaken

      KIRTH GEORGE



      Goans, over generations, have enjoyed advantages from currency 
disparities to 
boast of per capita income, savings and lifestyle above the national average. 
One 
family member abroad and the others living off it is common. Many youth, are 
groomed 
for only thing - a ship or overseas job, and no questions asked. The modus 
operandi 
is to do a relevant course, work sometimes even for free at a reputed company 
locally to gain experience and keep trying to take off to that 'dream 
destination', 
where family, friend or tout is arranging a job. And it doesn't help that Goa 
has 
the worst pay structure in the country and is the most expensive destination to 
live 
in, according to a recent survey.



      In the mean while, jobs vacancies must be filled up by importing labour 
from 
other States. In the aftermath, Goans complain about migrants, construction, 
garbage - the list goes on. Many Goans go a step further 'to do our bit for 
Goa' log 
on to the Internet (from whichever country) and join a 'Save Goa' group on 
Facebook. 
That's all. But, with recession squeezing happy hunting grounds like the U.S., 
UK, 
Gulf, and Australia, Goans are being forced out of the money chain, reminding 
one of 
the phrase - 'Dhobi  ka kutta - na ghar ka, na ghat ka' - minus the offensive 
tint. 
The following are real life stories (names have been changed as requested by 
the 
victims).



      Savio Fernandes, a top performer for four years in a row at a leading 
private 
bank in Mumbai jumped for a Rs 2.5 lakh monthly package in Dubai. The package 
ABN 
Amro offered was AED 20k plus perks. Six months later the bank was taken over 
by 
Royal Bank of Scotland and Fernandes lost his job. "The timing couldn't get 
worse. 
When you go to a new country and are trying to settle down, obviously you have 
large 
first time investments. So, based on my package, I went about renting an 
apartment 
(initial deposit + rent), buying household items, getting a driving license 
(approximate cost AED 3k per test, average 3-4 tests), opening bank accounts, 
and 
applying for credit cards. This initial cost in the first 2-3 months is then 
recovered over a period of time assuming you have a job. "I couldn't come back 
to my 
previous job in India as the company does not re-hire workers who quit for a 
period 
of at least three years. Also, to recover my initial cost of moving to Dubai, 
it 
left me no option but to look for another job in Dubai. But the cost of staying 
back 
in Dubai is even worse."



      Fredrick Lopes, 38 and single, also working in Dubai for a bank since 
2001. 
Mid 2006, a UK-based bank was setting itself up in Dubai and started recruiting 
offering better packages. Fredrick along with a few others jumped for the 
almost 60 
per cent hike over their existing package. The bank set up one head office and 
another six satellite offices. But when the crash came, two branches were shut 
down 
in 2008 March and Fredrick became a casualty. "I tried to look for another job, 
but 
nobody was hiring. Then came the point beyond which it made no sense living off 
my 
savings. I am in Goa looking for a job. Adjusting from a salary of about Rs 2.5 
lakh 
per month in Dubai to being offered Rs 6000-7000 in Goa is difficult to accept. 
The 
situation is not much better here. But at least the expenses are manageable. I 
am 
still looking to go back."



      Brian Gomes, from Vasco, had his own business when he got a break in 
Dubai 
with a Sharjah shipping company. "I was comfortable at my job with a package of 
AED 
8k plus housing and allowances." I was to get married in December 2008 in 
Dubai. I 
had already booked the hall, caterers and band. My relatives had made all the 
travel 
arrangements. I had come down on leave to make my wedding plans when they told 
me 
not to return. All my deposits have gone, my fiancé is there and I can't go 
back, I 
feel lost. I would have been better off if I had never gone to Dubai. I have to 
start from scratch now.



      Krishna Shetty, 38 and single, was working for an advertising company 
called 
Big Elephant, earning a salary of AED 12k. He changed his company in August 
2008. 
"When the time came for my confirmation in October, the recession had started. 
There 
was no business for the company and I was retrenched based on the 
last-in-first-out 
policy," Shetty said." "The problem was that I had a AED 60k car loan, AED 50k 
credit card debt and a AED 2.5k per month house rent to pay and no other 
company was 
recruiting," said Shetty.



      Carol D'Costa, working as a trainer at a training institute for career 
development had a steady job of five years. She quit her job to join as a 
receptionist at the Burj al Arab. Four months down the line the ownership of 
the 
hotel changed and she was sacked. Still hunting for a job in Dubai she survives 
by 
living with friends.. She has yet to recover the money paid to the agent for 
the 
job. In addition she has a credit card debt of AED 5k. "I have sent my CV to 
about 
200 places and received just three interview calls. Soon, I will be forced to 
leave 
Dubai."



      Samuel Thomas, working as a manager, operations for a reputed travel firm 
handling inbound tourists moved to Oman about a year ago. Married with one kid, 
he 
gave up running a small travel agency in Goa for a better life. "I have worked 
for a 
year, my family is in India, but I am afraid to take leave. As for the tourism, 
Dubai has been the window to the Gulf with travelers landing in Dubai and then 
coming to Oman and neighbouring GCC countries. With the downturn, we in Oman 
are 
feeling the heat."



      Robert, 45, in Dubai with a wife and two kids was working in the HR 
department 
of a real estate company for AED 15k. His firm got into a JV with an Omani 
company 
and he was transferred to Muscat. But the project there too was hit by the 
slowdown. 
So he was sent back to Dubai where his company told him, 'either take an onsite 
job 
for AED 7k per month or quit.' "I consulted my family and friends in Goa and I 
realized after almost 20 years in the Gulf, I had lost my connections in Goa. 
Coming 
back here at this age and starting over from scratch would set me back further 
than 
if I accept the pay cut here. I am only praying that the old days return," 
Robert 
said.



      Saddiq Hussain Khan, 42, working for the UAE based Al Ahli Bank was 
drawing 
about AED 30k. Khan has two daughters aged 13 and eight and they had a 
comfortable 
lifestyle. He was on the verge of buying a new car. The sole earner in the 
family, 
overnight he lost his job and is now considering leaving Dubai. "Living in 
Dubai 
without a job when you have family is not possible. I am only waiting because 
my 
children's schooling has to be looked into," he said.

      (Reported by Kirth George)



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      The global downturn

      KIRTH GEORGE

      It's been a long time coming, as they say, a full circle. There was a 
time 
when the term 'Gulf Return' entailed the yang in terms of financial stability 
and 
social standing, but today it is the yin that has put them in free fall.



      Fueled by high oil prices, the Gulf Cooperation Council (GCC -consisting 
of 
Saudi Arabia, Kuwait, Bahrain, Qatar, Oman and the UAE) had witnessed 
phenomenal 
growth. Dubai in particular, over the past decade, had quickly developed to be 
the 
global business hub. High-rise buildings, artificial islands, golf courses, 
extravagant hotels, malls and yachts - almost an obscene display of wealth - 
was 
creating numerous jobs at pay scales unthinkable in India, positively not in 
Goa. 
The favourable exchange rate of Rs 13.2 to a UAE Dirham (AED) too made 
remittances 
attractive.



      But, the crash in global crude oil prices plugged the source that was 
fueling 
the growth. After an initial phase of denial and false propaganda which 
governments 
sustained for a few months after the trouble actually started, the GCC couldn't 
keep 
up the pretence.



      In 2007 came the first signs and then came the real estate and stock 
market 
crash in October 2008. For instance, Emaar Properties a Public Joint Stock 
Company 
(PJSC) with a 32% government stake; known as the region's largest real estate 
company and the first developer to provide freehold property in Dubai listed at 
AED 
1 way back in 1998. It was trading at AED 35 in mid 2005. But despite all its 
backing, having a chairman in Mohamed Ali Alabbar, who is also the Director 
General 
of the Dubai Department of Economic Development, its stock price tanked and is 
currently trading at AED 2.66.



      Even government projects like the Dubai Rail Project, announced amidst 
great 
fanfare in 2003 and scheduled to run the first train on 09-09-2009 has run into 
problems.. Major construction companies have pulled out and a delay looks the 
most 
likely outcome. Multinationals started restructuring and non performing 
branches 
were shut down. This resulted in recruitment freezes and job cuts. Commissions 
and 
incentive packages too nose dived.



      To add to that, regulatory pressure on companies to hire nationals was 
increased. UAE for example has banned termination of its nationals; Kuwait 
plans to 
impose mandatory compensation for Kuwaiti employees while Saudi Arabia has 
instructed companies to start firing expatriates first. Hence the GCC, with a 
largely expatriate workforce is protecting the region from severe domestic 
unemployment. The new government rule allowing expats maximum 30 days stay in 
the 
country after termination has now succeeded in exporting the problem of 
unemployment 
overseas.





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The above was published in the Herald, Goa - 2 day section, page 15 on August 
3, 
2009



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