Money Is Where The Home Is
India’s inflows reached $120 billion in 2023, accounting for 13.9% of the total global remittance.
India’s inflows reached $120 billion in 2023, accounting for 13.9% of the total global remittance.
During the period FY 2017-18 to FY 2021-22, bilateral trade between India and the GCC has grown by 10.57% on a compounded annual growth rate basis.
The US surpassed the UAE as the top source country, accounting for 23% of total remittances in the financial year 2020-21, finds RBI survey.
The economic and commercial interests India has with the West Asian countries that are aggrieved by the remarks are significant.