18 min
India Tops Global Remittances StratNews Global
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- News
The World Bank recently released its annual tracker on global remittances for 2023. It showed that globally remittances at $669 billion grew higher than forecast. India, like always, was the top recipient with $125 billon—accounting for little under fifth of the global remittances in 2023.
According to the World Bank, a distinctive feature of remittances to India is the shift away from blue-collar workers to white-collar workers based in Europe, Australia and the United States.
To unpack this trend, Anil Padmanabhan spoke with Rituparna Chakraborty, co-founder of TeamLease.
Watch the full video: https://www.youtube.com/watch?v=WGVlwU6pSMk
Visit our website: https://stratnewsglobal.com/
Follow Nitin Gokhale’s Strategic Group channel on WhatsApp: https://whatsapp.com/channel/0029VaEFVX84SpkNskd4Gq0y
The World Bank recently released its annual tracker on global remittances for 2023. It showed that globally remittances at $669 billion grew higher than forecast. India, like always, was the top recipient with $125 billon—accounting for little under fifth of the global remittances in 2023.
According to the World Bank, a distinctive feature of remittances to India is the shift away from blue-collar workers to white-collar workers based in Europe, Australia and the United States.
To unpack this trend, Anil Padmanabhan spoke with Rituparna Chakraborty, co-founder of TeamLease.
Watch the full video: https://www.youtube.com/watch?v=WGVlwU6pSMk
Visit our website: https://stratnewsglobal.com/
Follow Nitin Gokhale’s Strategic Group channel on WhatsApp: https://whatsapp.com/channel/0029VaEFVX84SpkNskd4Gq0y
18 min