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India received USD 45-bn remittances in 2008: WB
India Forum: Comments, Opinion - Information Resource
News Summary: India received USD 45-bn remittances in 2008: World Ban.......read more in: India received USD 45-bn remittances in 2008: WB

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These comments are about: India received USD 45-bn remittances in 2008: WB

SrnoComment on Current Thread
2 030201kishankb on Mar-28 :

Continuing from my previous comment.

Come to think of it, if the NRI population manages to increase to more than 100 million or about 0% of India"s population and they continue to send remittances at current rate, India"s annual budget will be easily provided for by NRIs. This level of NRI population will represent about 25% of India"s work force.

As more and more skilled knowledge workers turn NRIs, there will be plenty more in India to fill the available jobs in India"s growing manufacturing sectors. It should stimulate growth and economic power through increasing consumer products demand.
1 030201kishankb on Mar-26 :

I understand this is about 25% of India"s annual budget of under $200 billion.

There are an estimated 25 million NRIs for a nation with 1.1 billion population.
1


India received USD 45-bn remittances in 2008: WB - Thread over 

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India received USD 45-bn remittances in 2008: WB
India Forum: Comments, Opinion, - Information Resource

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