15 Nations Sending Highest Remittances to India

By SiliconIndia   |   Tuesday, 21 May 2013, 13:41 Hrs
25
cmt right
24
Comment Right
35
cmt right
6
cmt right
Printer Print Email Email


3. Saudi Arabia



The total Indian population count in Saudi Arabia back in 2000 was more than 1,500,000, which constitutes seven percent of total Indian population. Report shows that, people who work in Saudi Arabia send $7,621 million to their home as a remittance.



Apart for that, in fresh trouble for Indians in Saudi Arabia, the authorities in Saudi Arabia have refused to accept new passports issued by Indian diplomatic missions.

Saudi Arabia authorities have declined to transfer data from old passports to the new ones submitted by Indian expatriates for updating, saying they have not received any official information on modification.



(With PTI inputs)



4. U.K.



It is one of the countries that is well developed and is the sixth largest economy in the world after Germany and France. U.K. offers outstanding opportunities in the field of education and occupation for the Indians. Research shows that about 66 percent of Indian girls achieved five or more general certificate of secondary education passed at the grades of A to C. This rate was better when compared to the white girls that were 55 percent.



Infact, Indian expats who stay in U.K send $3,904 million to their home yearly.



5. Bangladesh



Bangladesh is a developing country and is the eighth most populous country in the world. It is reported that there are Indians who are staying in Bangladesh and there are about 500,000 Indians presently residing.



People who are migrating to Bangladesh illegally are from West Bengal, Meghalaya, Assam, Tripura and Mizoram. According to the government authorities of the country, most of them come in search of job opportunities and mostly work in NGOs, garments and textile industries.



These Indians remit $3,716 million to their home country and the number is expected to increase in next few years.



Also Read:
5 Indian Companies Among World's Most Valuable Brands
Coffee Chains; A Growing Business In India



 



 



SPOTLIGHT
Ola raises Rs 400 cr for electric
Leading ride-hailing cab aggregator Ola on Friday said it raised Rs 400 crore from its early in..
Fossil Group sells smartwatch
Global watch and accessories maker Fossil Group has announced to sell its smartphone technolog..
GST rate cut to spur Bengaluru
The realty market in India's tech hub is set to grow as lower Goods and Services Tax (GST) rate..
SpiceJet plans aggressive
Budget passenger carrier SpiceJet plans to aggressively expand its international networks to fl..