MIGRANT REMITTANCES

  • India top recipient of migrant remittances in 2012 January 8, 2013

    New Delhi: India was the top recipient of migrant remittances in 2012, according to a new report released by the World Bank. According to the report, India received $70 billion as migrant remittances in one year, followed by China with $66 million. The officially recorded remittance flows to developing countries...
  • NRIs send $27 bn home to make India top receiver March 20, 2008

    Washington: An estimated 5.7 million Indian workers abroad sent home $27 billion in 2007 to make India the top receiver of migrant remittances while the US was the main remittance source, according to latest World Bank data. Workers from China ($25.7 billion), Mexico ($25 billion), the Philippines ($17 billion), and France...