Indians form the world’s largest diaspora group at around 18 million. That has led to India receiving ever-increasing remittances over the years. In 2022, the amount has already touched $100 billion, making the country the first ever to reach the figure, World Bank data (pdf) show. “Remittance flows to India were enhanced by the wage hikes and a strong labor market in the United States and other OECD countries,” a Nov. 30 World Bank release said. Read more datawrapper-chart-So8Gk Inward… Source link
Read More »India is set to become the first country ever to receive $100 billion a year in remittances
