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Weak UAE dirham deterring Indian workers: Report

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Reuters

Posted online: Saturday , March 08, 2008 at 02:02:07
Updated: Saturday , March 08, 2008 at 02:23:03


Dubai, March 8: Many Indian construction workers are choosing not to take jobs in Dubai because their earnings would be eroded by the UAE dirham's peg to the tumbling US dollar, Middle East Economic Digest (MEED) reported.

South Asian labour, mainly from India, is the backbone of the construction industry in Dubai, which is building palm-tree shaped islands and the world's tallest skyscraper in the $20 billion Burj Dubai development.

Indian construction workers would expect to earn four times as much as they would in India if they moved to Dubai five years ago, MEED cited Samir Khosla, Managing Director of Dynamic Staffing Services, as saying.

But as the US currency hits record lows against the euro and a basket of major currencies, the pay differential has been reduced to 40 per cent, Khosla said.

That has cut into the amount of money most of Dubai's expatriate workers can send home, and eroded the competitive advantage of working in the emirate.

"Most of the workers coming here to work in construction don't have any savings and just live from pay cheque to pay cheque," Khosla said, according to the weekly magazine.

"Even a small fall in the value of the dirham against the rupee is a problem for them."

Some 35,000 construction workers building the Burj Dubai development protested for 10 days in November over wages.

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labour salary by mohammed on 09 Mar 2008

yes works must get good salary like western labours there must get around 1500 dirham to 2000 dirham, for past 11 years i am work working in uae, but the salary of labours are same from day one

DUBAI by MJK on 09 Mar 2008

WORKERS SHOULD BE PAID 2000- 3000 A MIN SINCE THE COST OFLIVING ALSO HAS HIKED

Politicians are savages. Workers are men of honour pride of any country. by Anand Babu on 09 Mar 2008

Yeah, to some extend I agree with Raj babu. Before asking all Indians to return to Inda, we must make sure there is condusive climate for investments and becuase of that job opportunities for all the returnees. You still have parties with Christian affiliation and muslim affiliation making decisions as if they are secular. The corrupt congress and retarded communists making a mockery of development. Do you knw what will happen if all the overseas Indians return? It will be catastrophic. We will defenitly fight among ourself like what we see in Mumbai, Assam, Karnataka and many other palces. Better let them live with pride where ever they can. Do not be little these courageous paeople.

OUR TIME HAS COME by rajababu on 09 Mar 2008

IT IS RIGHT TIME FOR ALL INDIANS TO STAY HOME BE THEIR OWN BOSS AND SERVE MOTHER INDIA, RATHER THAN GO ABROAD ESPECIALLY UAE OR ANY OTHER ARAB COUNTIES AND BE TREATED LIKE A SLAVE, TYHE WORLD HAS REALIZED OUR TIME HAS COME

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