India is the largest recipient of global remittances in the world, receiving
$69 billion in 2012, according to a World Bank report.
A remittance is a transfer of money by a foreign
worker to his or her home country.
India is
the largest recipient of global remittances in the world, receiving $69 billion
in 2012, according to a World Bank report.
Rank 16. Indians based in Malaysia sent back $493 million
to India in the form of remittances.
Rank 15. Indians based in Italy sent $ 572 million to their
home country, India.
Rank 14. Indians
based in Bahrain sent $690 million to their home country.
Rank 13. Singapore-based Indian
expats remitted $ 1,113 million to
India.
Rank 12: Australia-based Indians remitted as much as $1,245
million back home.
Rank 11: Indians based in Sri Lanka sent $1,283 million
back to India.
Rank 10: The remittances from Qatar to India had been
$2,084 million, according to the report
Rank 9: Oman-based Indians remitted $2,373 million to
India.
Rank 8: The Gulf is a popular region for Indian workers.
Indians based in Kuwait remitted $2,673 million to their home country.
Rank 7: Indians
in Nepal remitted $ 2,934 million to India!
Rank 6:
Canada-based Indians sent home as much as $3,145 million.
Rank 5: Indians working in Bangladesh remitted $3,716
million back home.
Rank 4: UK-based
Indians remitted $3,904 million to their home country.
Rank 3: Workers
in Saudi Arabia remitted $ 7,621 million to India, according to the report.
Rank 2: Indians
working, based or settled in the United States sent back whooping $10,844
million to India.
Rank1. Indian
received as much as $14,255 million in remittances from United Arab Emirates.
(Sources: Migration & Development
brief 2012 from the world Banks Migration & Remittance Unit)
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