India number one in money received from abroad
Monday - April 23, 2018 4:39 pm ,
Category : WTN SPECIAL
There is a lot of desire for Indians to settle abroad, and in most cases Indian people are living abroad and also contributing a lot to India's economy. In this connection, India has remained on top of the country in funding from abroad. According to information received from the World Bank, in the year 2017, Indians settled in abroad sent 69 billion dollars to their families, which is 9.9 percent more than the previous year.
A World Bank report says that in the year 2017, Indians settled in abroad sent about $ 69 billion in the country, which is more than last year, but this figure is less than the $ 70.4 billion remittance received in 2014. The report says that the increase in Europe, Russia and the United States has marked a significant increase in remittances. The World Bank says that the high prices of crude oil and the euro and ruble have firmly increased remittances.
In the year 2017, where India got a $ 69 billion remittance, China was second with $ 64 billion. Philippines $ 33 billion, Mexico $ 31 billion, Nigeria 22 billion and Egypt $ 20 billion remittance India received a remittance of $ 68.91 billion in 2015, which fell to $ 62.74 billion in 2016.
A World Bank report says that in the year 2017, Indians settled in abroad sent about $ 69 billion in the country, which is more than last year, but this figure is less than the $ 70.4 billion remittance received in 2014. The report says that the increase in Europe, Russia and the United States has marked a significant increase in remittances. The World Bank says that the high prices of crude oil and the euro and ruble have firmly increased remittances.
In the year 2017, where India got a $ 69 billion remittance, China was second with $ 64 billion. Philippines $ 33 billion, Mexico $ 31 billion, Nigeria 22 billion and Egypt $ 20 billion remittance India received a remittance of $ 68.91 billion in 2015, which fell to $ 62.74 billion in 2016.
