As per official estimates, India has the largest diaspora of 25 million spread over 136 countries.
According to the Reserve Bank of India, private transfer receipts, comprising mainly remittances from Indians working overseas, increased to $46.4 billion (4 percent of GDP) during 2008-09 from $ 43.5 billion (3.7 per cent of GDP) in the previous year.
Private transfer receipts constituted 13.7 percent of current receipts in 2008-09 (13.8 percent in 2007-08).
source : http://timesofindia.indiatimes.com/NEWS-Business-India-Business-India-among-top-recipients-of-remittances-World-Bank/articleshow/4777115.cms
According to the Reserve Bank of India, private transfer receipts, comprising mainly remittances from Indians working overseas, increased to $46.4 billion (4 percent of GDP) during 2008-09 from $ 43.5 billion (3.7 per cent of GDP) in the previous year.
Private transfer receipts constituted 13.7 percent of current receipts in 2008-09 (13.8 percent in 2007-08).
source : http://timesofindia.indiatimes.com/NEWS-Business-India-Business-India-among-top-recipients-of-remittances-World-Bank/articleshow/4777115.cms
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