US' return as leading source of Indian remittances mirrors pre-2008 trend

North America had a high share of remittances before the global financial crisis

Photo: Bloomberg

Photo: Bloomberg

The US accounted for nearly a quarter of India’s total remittances in 2020-21, marking a reversion to the trend that existed before 2008.

The US accounted for 23.4 per

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First Published: Jul 19 2022 | 5:52 PM IST

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