India received USD87 billion in remittances in 2021
Business | November 18, 2021 7:16 ISTRemittances to low and middle income countries are projected to have grown a strong 7.3 per cent to reach USD 589 billion in 2021, the bank said.
Remittances to low and middle income countries are projected to have grown a strong 7.3 per cent to reach USD 589 billion in 2021, the bank said.
"Among major remittance recipients, India retains its top spot, with remittances expected to total $80 billion this year, followed by China ($67 billion), Mexico and the Philippines ($34 billion each), and Egypt ($26 billion)," the brief said.
The figure dropped to USD 65.59 billion in 2015-16 and further to USD 61.29 billion in 2016-17, Singh said.
New Delhi: India has received USD 34.9 billion in remittances in the first six months of 2014-15 and is likely to surpass the previous year's USD 69.6 billion by end of the current fiscal.Replying to
New Delhi, Nov 25: India received nearly USD 56 billion in remittances in the year 2010-11, which is a jump of USD 2 billion from the corresponding period a year ago. Overseas Indian Affairs Minister
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