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Business News/ News / World/  Israel-Hamas war makes way for 1 lakh Indians to replace Palestinian workers
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Israel-Hamas war makes way for 1 lakh Indians to replace Palestinian workers

Israel has launched a program to hire up to 100,000 Indian workers, following the displacement of 90,000 Palestinian workers due to the conflict with Hamas.

FILE PHOTO: Israeli prime minister Benjamin Netanyahu during a press conference with defense minister Yoav Gallant and Cabinet minister Benny Gantz in the Kirya military base in Tel Aviv , Israel , 28 October 2023. ABIR SULTAN POOL/Pool via REUTERS/File Photo (ABIR SULTAN POOL/Pool via REUTERS/File Photo)Premium
FILE PHOTO: Israeli prime minister Benjamin Netanyahu during a press conference with defense minister Yoav Gallant and Cabinet minister Benny Gantz in the Kirya military base in Tel Aviv , Israel , 28 October 2023. ABIR SULTAN POOL/Pool via REUTERS/File Photo (ABIR SULTAN POOL/Pool via REUTERS/File Photo)

In the wake of the recent conflict between Israel and Hamas, a notable development has emerged that holds economic implications for India. Israel has initiated a programme to hire up to one lakh Indian workers into its workforce, VOA reported

This initiative arises as a countermeasure to the displacement of 90,000 Palestinian workers due to the revocation of their work permits subsequent to the hostilities.

Also Read: Israel-Hamas war Highlights: Death toll in Gaza crosses 10,000 on Day 31 of war

Prime Minister Narendra Modi earlier reached out to his Israeli counterpart Benjamin Netanyahu, advocating a joint stand against terrorism and affirming India’s steadfast support to Israel amidst the crisis.

The transition in Israel's labour market, now favouring Indian labour, is poised to substantially increase remittances back to India, enhancing the financial well-being of those engaged in employment abroad. This new economic policy may well be perceived as an opportunity amid the discord, binding the fortunes of India and Israel more closely on an economic front.

Also Read: Israel-Hamas war: UN calls for immediate humanitarian ceasefire, says ‘Enough is Enough. This must…’

Israel's recent policy move aligns with India's United Nations General Assembly (UNGA) vote abstention. The vote called for an immediate end to the Israel-Hamas conflict. India's choice reflects a strong, growing alliance with Israel. 

This alliance has been prospering since 1992. That year marked the start of formal diplomatic ties between the two nations.

Also Read: Israel's intense bombardment of Gaza in 6 days almost matches US' year-long campaign in Afghanistan

The Indo-Israeli ties have been particularly strengthened through trade, with India emerging as a significant importer of Israeli defence articles. The relationship between the leaders has played a pivotal role in reinforcing bilateral ties, exemplified by Prime Minister Modi's historic visit to Israel in 2017, marking the first such venture by an Indian head of state.

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Published: 07 Nov 2023, 10:44 AM IST
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