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Statements

Subject Item
dbr:Remittances_to_India
rdf:type
yago:WikicatRemittances yago:Outgo113275288 yago:Possession100032613 yago:Abstraction100002137 owl:Thing yago:Relation100031921 yago:Cost113275847 yago:Payment113278375 yago:TransferredProperty113252973 yago:Remittance113299453
rdfs:label
Remittances to India
rdfs:comment
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.
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dbo:thumbnail
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dbo:abstract
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. As per the Ministry of Overseas Indian Affairs (MOIA), remittance is received from the approximately 35 million members of the Indian diaspora.
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