support@headlinenews360.com
Diaspora Remittances Hit New Record: How much the overseas Indians have contributed to the country’s economy, you can also understand this from the figures given below, where they have sent more money than FDI during the last financial year. Overseas Indians have set a record in sending money to their families. During the financial year 2024-25, Indian people living abroad have sent $ 135.46 billion, or about 1.16 lakh crore rupees to their families. So far, in any year, the biggest amount sent by the diaspora is.
Record of overseas Indians in sending money
Eight years ago, an amount of $ 61 billion was sent by the overseas Indian, but today this amount has increased more than double. That is, if we look at the annual basis, it has increased by about 16 percent. This figure shows the economic prosperity of the Indian living abroad.
If we look at the figure of the last 10 years, India is the country to achieve the highest remedy. The report of the World Bank confirms this. According to this report, in Mexico with 5.8 lakh crore Remittens in the year 2024, China has been at number three with Rs 4.1 lakh crore.
Remittance compensation for business deficit
In eight sales, the amount of remittance has almost doubled. Remittance 6 lakh crore during financial year 2014-15, 5.62 lakh crore during 2015-16, 5.26 lakh crore during 2016-17, 5.93 lakh crore during 2017-18, 6.55 lakh crore during 2018-19, 6.55 lakh crore during 2018-19, 6.13 lakh crore during 2019-2020, 6.13 lakhs during 2019-2020, 6.87 lakh crore during 2020-21.
7.64 lakh crore during financial year 2021-22, 9.64 lakh crore during 2022-23, 10.18 lakh crore during 2023-24 and Rs 11.63 lakh crore during 2025-25. The RBI report shows that among the money that has come from abroad, Britain, America and Singapore accounts for 45 percent of the total remedies. That is, up to 47 percent of our business deficit is repaid from Remittens.
