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NRI Remittances: The $125 Billion Lifeline
Business

NRI Remittances: The $125 Billion Lifeline

Every month, millions of Indians abroad wire money home. A construction worker in Dubai sends $300 to his village. A software engineer in California transfers $2,000 for her parents' medical treatment. A businessman in S...

NRI Remittances: The $125 Billion Lifeline
Business

NRI Remittances: The $125 Billion Lifeline

Every month, somewhere around ten million Indians working outside the country transfer money home. A construction worker in Riyadh sends his earnings to a wife in Kerala who pays school fees and the electricity bill. A s...