Non-Resident Indians (NRIs) and Overseas Citizens of India (OCIs) from around 30 countries will submit a memorandum to the Prime Minister to bring an NRI Protection Bill or establish a centralised NRI agency in the Union government.
The NRIs have claimed that this Bill is necessary after they have allegedly noticed a trend of organised crime against NRIs, which include land encroachment, cheating, forgery, and illegal deposit withdrawals.
They also alleged that owing to deception from builders, acquaintances, and bank officials while making property investments in India, around ₹800 crore to ₹1,200 crore is at stake from among 900 NRIs. These NRIs include doctors, engineers, innovators, executives, and other professionals from the U.S., Canada, Europe, and also from other countries.
