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About: Remittances to India     Goto   Sponge   NotDistinct   Permalink

An Entity of Type : yago:WikicatRemittances, within Data Space : dbpedia.demo.openlinksw.com associated with source document(s)

Type: Thingyago:Abstraction100002137yago:Cost113275847yago:Outgo113275288yago:Payment113278375yago:Possession100032613yago:Relation100031921yago:Remittance113299453yago:TransferredProperty113252973yago:WikicatRemittances New Facet based on Instances of this Class

Remittances to India are money transfers (called remittance) from non-resident Indians (NRIs) employed outside the country to family, friends or relatives residing in India. India is the world's top receiver of remittances, claiming more than 12% of the world's remittances in 2015. Remittances to India stood at US$68.968 billion in 2017 and remittances from India to other countries totalled US$5.710 billion, for a net inflow of US$63.258 billion in 2017.