Overseas workers send money to the family in their country of origin. In such cases, Indians send a large sum of money to their homeland and come first. The World Bank's report says:
Indians are the first to keep the top spot in the country, sending more money to their homeland. They are estimated to have more than $ 8 billion in India. In this way, the money sent to developing countries will rise by 10.8 percent to 52,800 crore. This will be a new achievement.
Last year, this growth was 7.8 per cent. Internationally, including international markets, increased by 10.3 per cent to $ 68,900 crore. Over the past three years, the number of Indians overseas abroad is increasing.
South Asian countries
In this way, India attracted $ 6.270 billion in 2016. This increased to $ 6.530 billion in 2017. This year, India's gross domestic product (GDP) is 2.7%. This year, the South Asian countries attract an increase of 13.5% to $ 13,200 crore. This growth was 5.7 per cent in 2017. This growth has been made possible by the advanced countries, especially the US economy.
In the period between January and June, the United Arab Emirates has seen a 13 percent growth rate. However, in 2019, it is expected that the payment to the South Asian region will be reduced.
Global economic growth in the advanced economies will be moderate and the cost of working for Gulf cooperative countries is likely to decrease. So, internationally, the countries with low and middle income, overseas from their overseas, overseas, accounted for 4 per cent growth, To be dollar Is expected to be around $ 71,500 crore with a growth of 3.7 percent.
Increase
This year, in July-September, foreign workers working abroad, sending money to their home, increased by 6.9 percent. It is estimated that they have sent an average of $ 200.
World Bank
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