Indian diaspora remittances reach record high – media
Government
Those working overseas sent $135.46 billion to the country in the last fiscal year The Indian diaspora sent a record $135.46 billion in remittances to the country in the 2024-25 fiscal year, the Economic Times newspaper reported, citing central bank data. Marking a 14% rise from the previous year, remittances, reflected as ‘private transfers’, accounted for over a tenth of gross current account inflows of $1 trillion, according to the report. “India’s remittance receipts have generally remained
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