HomeNewsIndiaIndia focussed on mitigating COVID-19's negative economic impact on talent abroad: Jaishankar

India focussed on mitigating COVID-19's negative economic impact on talent abroad: Jaishankar

Addressing the third edition of the Annual Conference of Protectors of Emigrants via video-conferencing, he said the protectors of emigrants must also rise to the challenge of reviving the post-COVID economy and engage with the post-COVID world.

June 15, 2020 / 13:53 IST

India has been engaged with foreign governments to ensure the welfare of prospective migrants, and is currently focussed on mitigating the negative economic consequences of the COVID-19 pandemic on Indian talent abroad, External Affairs Minister S Jaishankar said on Monday.

Addressing the third edition of the Annual Conference of Protectors of Emigrants via video-conferencing, he said the protectors of emigrants must also rise to the challenge of reviving the post-COVID economy and engage with the post-COVID world.

"Our government has accorded the highest priority to promoting the interests of Indian emigrants for the last six years," Jaishankar said.

The government's focus has been to provide better opportunities and welfare measures to prospective migrants, he added.

The government, therefore, has been engaged with its foreign counterparts to provide ease of travel and opportunities through migration and mobility agreements, Jaishankar said.

COVID-19 Vaccine

Frequently Asked Questions

View more
How does a vaccine work?

A vaccine works by mimicking a natural infection. A vaccine not only induces immune response to protect people from any future COVID-19 infection, but also helps quickly build herd immunity to put an end to the pandemic. Herd immunity occurs when a sufficient percentage of a population becomes immune to a disease, making the spread of disease from person to person unlikely. The good news is that SARS-CoV-2 virus has been fairly stable, which increases the viability of a vaccine.

How many types of vaccines are there?

There are broadly four types of vaccine — one, a vaccine based on the whole virus (this could be either inactivated, or an attenuated [weakened] virus vaccine); two, a non-replicating viral vector vaccine that uses a benign virus as vector that carries the antigen of SARS-CoV; three, nucleic-acid vaccines that have genetic material like DNA and RNA of antigens like spike protein given to a person, helping human cells decode genetic material and produce the vaccine; and four, protein subunit vaccine wherein the recombinant proteins of SARS-COV-2 along with an adjuvant (booster) is given as a vaccine.

What does it take to develop a vaccine of this kind?

Vaccine development is a long, complex process. Unlike drugs that are given to people with a diseased, vaccines are given to healthy people and also vulnerable sections such as children, pregnant women and the elderly. So rigorous tests are compulsory. History says that the fastest time it took to develop a vaccine is five years, but it usually takes double or sometimes triple that time.

View more
Show

"We are currently focussed on ensuring that the negative economic consequences of the pandemic on our talent and skills abroad is mitigated. That is influenced not only by the quality of our various bilateral relationships but the overall helpful approach that we have displayed with regard to the health and economic requirements of our partners," he said.

"It is imperative that we recover our market share as quickly as possible. The coming months will see dedicated efforts in that direction. The contribution that the protectors of emigrants (POEs) can make to facilitate this national objective is significant," Jaishankar said.

He also noted that many of the Indian workers, who after long years of service abroad returned with advanced skills and abilities, would contribute to the country's development.

"In fact, we are engaged in such data capture and mapping as an accompanying element of the Vande Bharat mission that is currently underway. MEA has facilitated data flows to National Skill Development Corporation (NSDC) to develop 'Swadesh', a database for skilled workers. Together with E-migrate, these can become basic tools for skill job matching for migrant workers," Jaishankar said.

Minister of State for External Affairs V Muraleedharan also addressed the conference.

PTI
first published: Jun 15, 2020 01:37 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

  • On Saturdays

    Find the best of Al News in one place, specially curated for you every weekend.

  • Daily-Weekdays

    Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347