India received USD 70 billion in remittances in 2012

Subscribe to GoodReturns
For Quick Alerts
For Daily Alerts
    India received USD 70 billion in remittances in 2012
    India received USD 70 billion in remittances in the year 2012, Government told Rajya Sabha today.

    Overseas Indian Affairs Minister Vayalar Ravi gave the figure quoting a World Bank report. He was replying to a question on the issue.

    India had received over USD 66.13 billion in remittances in the year 2011-12 while in 2010-11, the amount was USD 55.62 billion.

    The remittances to the country through private transfer of funds have been on the rise in the last few years.

    India received USD 53.63 billion in 2009-10 while in 2008-09, the amount was USD 46.9 billion.


    Read more about: remittance dollar
    Story first published: Thursday, March 14, 2013, 13:53 [IST]
    Company Search
    Enter the first few characters of the company's name or the NSE symbol or BSE code and click 'Go'

    Find IFSC

    We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Goodreturns sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Goodreturns website. However, you can change your cookie settings at any time. Learn more