Poging GOUD - Vrij
Advanced economies now account for half of remittances to India
Business Standard
|March 20, 2025
Extending The Lead
Advanced economies (AEs), particularly the US, the UK, Singapore, Canada, and Australia, together accounted for more than half of India's remittances in 2023-24 (FY24), reflecting a shift in migration patterns towards a skilled Indian diaspora.
The Gulf Cooperation Council (GCC) countries — United Arab Emirates (UAE), Saudi Arabia, Kuwait, Qatar, Oman, and Bahrain — contributed 38 per cent of the total remittances received by India in FY24. India's inward remittances have more than doubled from $55.6 billion in 2010-11 to $118.7 billion in 2023-24.
Dit verhaal komt uit de March 20, 2025-editie van Business Standard.
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