- Rukmini Shrinivasan
India was the top recipient of remittances worldwide in 2018
India was the top recipient of remittances worldwide in 2018, data from the World Bank shows. The remittances were boosted in part by migrants from Kerala sending.
The actual number of Indian workers in other countries is hard to estimate. The ministry of external affairs (MEA) only counts the number of overseas Indians (NRIs & PIOs) and people requiring emigration check. But data on high-skilled Indian emigration is poorly captured.
Top 3 Remittance Recipients
Since the 1990s, Indians working in other countries have consistently been the world’s top remitters.
Gulf nations and the United States continue to drive most of the remittances to India.
Destination Kerala Even though Kerala does not send even half as many migrants* overseas as Uttar Pradesh, the southern state has the biggest share of remittances.
Courtesy : Economic Times