Question

What is a major challenge to financial empowerment in Kerala today?

• A. The "Reverse Migration" phenomenon from the Gulf region
• B. High levels of unemployment among educated youth
• C. Increasing dependency on remittances from other Indian states
• D. Lack of access to affordable credit for small businesses

Answer 1

Answer:

A. The "Reverse Migration" phenomenon from the Gulf region

• The slowdown in Gulf economies and geopolitical shifts have led to a return of many NRKs.

• This "reverse migration" poses a challenge as these individuals need to be re-integrated into the local economy, and the flow of remittances may decrease.