Via ➜ It Matters. #In2minutes. Did you know that India is the world's leading receiver of remittances? Know about the India and foreign remittances in under two minutes. | The Logical Indian

#VantageOnFirstpost:In a world first, Indians living abroad have set a major record by sending $111 billion back to the country as remittances. The remittances make up around 3% of India's GDP. Indians working high skilled jobs in developed nations now make up for 36% of the remittances received. This has helped boost the total amount of what the country receives in remittances annually. An assessment by the World Bank reveals that remittances to India will continue to rise in 2024, too. Notably

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