Indians top in remittances to America and Britain
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Washington/London, Circle Institute: Native Indians living in America and Britain have repatriated Rs 2.74 lakh crore to India last year. Rs 1.91 lakh crore have come to India from America and Rs 83 thousand crore have come to India from Britain.
In the next 5 years, the amount of money remitted to India from both the countries will double, as per a recent report of the World Bank.
Indians in America and Britain have overtaken Indians in Arab countries like Saudi, UAE, Qatar etc. in remittances. 2.33 lakh crore rupees would have come to India from Arab countries last year. 48 percent of high skilled Indian professionals are in the US and UK. On the other hand, the majority of Indians in Arab countries are workers and low and medium skilled professionals, which is important here.
The figures speak…
, 43% of Indians (American born) have post-graduate education
, The average annual income of a typical American family is Rs 58 lakh.
, The average annual income of an Indian family in America is Rs 1 crore.
, 85% of British Indians are English-speaking. The number of non-Asian communities in Britain is 70 percent.
, The average annual income of a British Indian family is Rs 50 lakh; That’s Rs 48 lakh for an English family.
, 26% decline in the last 5 years Arab countries coming to India are in trouble
, There is a 10% increase or period in which the epidemic is coming to India from America and Britain.
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