Dec 242015

India's remittances

Surprising as it may seem, but Indians who have migrated to Pakistan are expected to remit back home a staggering $4.9 billion in 2015. This would make Pakistan the fourth largest source of India’s remittances this year, according to a new study by the World Bank.

Another interesting statistic the study throws out is that the Bangladesh-India corridor ranks third in the list of top migration corridors behind the Mexico-US and the Russia-Ukraine corridors. Bangladeshi migrants residing in India are expected to remit $4.6 billion back home in the current year.

Contributed By Sonia Narula

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