UK deputy high commissioner Peter Beckingham told on Friday that no student or tourist from India will be asked to deposit Rs 2.7 lakh bond for entering UK.Now,tourists and students planning to visit the UK need not worry about their bank balances.
The UK had recently announced a scheme under which most visitors from six high-risk Afro-Asian countries, including India, Pakistan and Nigeria, would have to furnish a Rs 2.7 lakh bond for a six-month visit visa, which would be forfeited if they overstay in Britain.But according to the latest reports,the bond is only for high risk individuals, who may stay illegally in UK even after their visa expires. This new announcement is because the number of Indian students coming to the UK has declined after the student visa system was made tougher by the coalition government.Students from India studying in higher education institutions in the UK fell by 23.5 per cent last year, compared to 2010-11 as UK visas are in any case among the costliest in the world it seems to be unaffordable by the students as well as for the tourists too..!!
The Indian economy, expected to become the fifth largest in the world by 2020, is a great attraction for the UK. India already is the fifth largest investor in the UK, with 81 foreign direct investment projects, and bilateral trade between India and UK was £10.58 billion in 2011-12. Tata Sons is one of the biggest private employers in the UK with 50,000 employees spread over 19 group companies.So anyhow UK has to play safe to withstand India with them..
Let's see whether there will be a rush to UK in near fruture..!!
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