India Receives a Record $111 Billion in Remittances: What Does it Mean? | Vantage with Palki Sharma
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26 күн бұрынIndia Receives a Record $111 Billion in Remittances: What Does it Mean? | Vantage with Palki Sharma
In a world first, Indians living abroad have set a major record by sending $111 billion back to the country as remittances. The remittances make up around 3% of India's GDP. Indians working high skilled jobs in developed nations now make up for 36% of the remittances received. This has helped boost the total amount of what the country receives in remittances annually. An assessment by the World Bank reveals that remittances to India will continue to rise in 2024, too. Notably, no other country has ever crossed the $100 billion mark in this domain. On Vantage, Palki Sharma analyses why this is a significant milestone.
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India | Remittances | Record | World Bank | Firstpost | World News | Vantage | Palki Sharma
#india #remittances #record #worldbank #indianeconomy #gdp #firstpost #vantageonfirstpost #palkisharma #worldnews
Vantage is a ground-breaking news, opinions, and current affairs show from Firstpost. Catering to a global audience, Vantage covers the biggest news stories from a 360-degree perspective, giving viewers a chance to assess the impact of world events through a uniquely Indian lens.
The show is anchored by Palki Sharma, Managing Editor, Firstpost.
By breaking stereotypes, Vantage aims to challenge conventional wisdom and present an alternative view on global affairs, defying the norm and opening the door to new perspectives. The show goes beyond the headlines to uncover the hidden stories - making Vantage a destination for thought-provoking ideas.
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@Firstpost 24 күн бұрын
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@hemavathikumar9123 23 күн бұрын
What is the use ? The labour laws make us be treated like pre independence class !! Layoff likes dogs and the ministry asks to sell "boonda" to generate jobs ... If there are no jobs then how will ppl come buy boonda or anything ?
@rajup1445 22 күн бұрын
Indians working overseas generating country’s growth and not MODI palki put this in your head
@Jay-ib7qg 24 күн бұрын
The irony, Western empires came to India and looted a lot, now the Indians are sending it back by working hard back to India.... VANDE MATARAM 🙏
@YouCantHandleTheTruth. 24 күн бұрын
Ihe _irony_ is western countries are helping many of you ungrateful, according the tone of your voices here.
@BallyBoy95 24 күн бұрын
For every $1 an Indian earns, their corporate bosses makes at least $5. And that's better than employing an American who would do the same work but expect a more decent salary. So really... you're still being exploited. The terms are much better though.
@YouCantHandleTheTruth. 24 күн бұрын
@@BallyBoy95 ...and federal taxes? Not to mention ALL kinds of everyday taxes that's attached to food services, energy, gas, etc etc etc. With roughly around 20M NRI Indians around the world (not just U.S.), let's just say half that sent money back, now this is a very high figure I'm using, they'd literally have to send about $11,000 free and clear of taxes and all living expenses back to India. How is this even possible??? And NOT every Indian has high paying jobs. The numbers are ALL bogus and laughable to begin with as how India 'grows'.
@Bad88995 24 күн бұрын
@@BallyBoy95Not sure about the US. But salaries are at par for Indians in the EU. Never even heard of such wild claims. Everyone is paid fairly and equally here
@amateur_football9751 24 күн бұрын
The Irony is Modi is busy building useless Hindu temples, while some villages don't have running water or full time electricity, very poor healthcare installations, typical 3rd world dictator!!
@iskalasrinivas5640 24 күн бұрын
If remittances are 110 billion dollars imagine the taxes paid by them to those govt. Shocking right
@pavanshetty9806 24 күн бұрын
Win win sitution😊. India has lot of population and good tax collection itself.
@Liboch 24 күн бұрын
Only high paid workers are taxed, many are not taxed.
@charmaine8512 24 күн бұрын
In the Arab countries it is tax free!!! But in the West you barely can save
@paramn 24 күн бұрын
Exactly irrespective of nationality in Europe or US , no one is discriminated against based on anything only the capability is looked into and what is paid as taxes Govt spends it for the welfare of the people...not to loot
@tondematongo32 24 күн бұрын
No no no no ... don't get it twisted...they are not taxed because most of them are doing mediocre jobs below poverty line in those countries
@josephthibeault9919 24 күн бұрын
In the USA, the Indians, doctors, etc, pay the highest income tax of any group. Thank you India for sending us useful citizens.
@gothanram 22 күн бұрын
😄
@aruna-in5cj 21 күн бұрын
Usually doctors go to china Ukraine Philippines get their medical degree Clear fmge exam in India and become doctors here It is the iitians iims nitians iitians and all engineers who studied in govt engineering colleges go there pay taxes and send alms back to india
@Satanreincarnation-zg6sl 20 күн бұрын
@@gothanram, 😁😁😁😁😁!
@nandans2506 24 күн бұрын
Go out learn whatever you could, make a lot of money but never forget your motherland. When it's your calling, come back and build this nation. This land has given us everything
@thepeaktram77 24 күн бұрын
The initial yes, the latter no. All wealthy Indians would rather go UK than ever live in India. Seems the colonial mentality is just too strong
@BarkaDog 24 күн бұрын
@@thepeaktram77nothing wrong with wanting a better life.
@pratspit27 24 күн бұрын
Well I am in Dublin,Ireland and have grown to love ( and miss ) our lovely country and anything Indian in my years here. Wouldn’t think twice about coming back once my daughter ships off to University. Nothing wrong here, everyone’s fabulous.. but heart is where home is !
@SoorajSuseelan10001 23 күн бұрын
@@thepeaktram77 You must not be Indian I believe. Ever heard of home sweet home. ?
@infocenter5 21 күн бұрын
@@SoorajSuseelan10001 people move for a reason, especially if you are a minority or poor. blind nationalism is dangerous
@Dailymarinervlog 24 күн бұрын
You forgot about indians working on Foreign ships
@saravana2532 24 күн бұрын
Yes sir...
@johnjefferyferendez5785 24 күн бұрын
Yes India has a large merchant navy work force even on foreign registered vessels
@SkeptikIndian 18 күн бұрын
Exactly my thought... For them it's just techies!
@akbarmohamedali9147 24 күн бұрын
Happy and proud that I am also a small part of it. 🇮🇳 🇺🇲
@RohitChouhan-dj7se 24 күн бұрын
❤I LOVE ISRAEL❤
@chanbasappa5474 24 күн бұрын
France with just 5 percent of the population of India has also received 30 billion dollars remitence.and unlike india France is a developed and prosperous country .yes there is an element of proudness .
@gray8761 23 күн бұрын
We Indians are proud of all Indians out there who still consider India as their motherland ❤ long live brother
@akbarmohamedali9147 23 күн бұрын
@@RohitChouhan-dj7se Great stuff, Bro try to apply B1 visa and go to israel in work permit. Try to get a job within 30 days and extend the visa. But don't go as a labourer. They are racist in places on Indians. They won't treat us equally.
@RobinAustralia 23 күн бұрын
Ok, We will send ED to ypur home
@peterpan9361 23 күн бұрын
The best feeling ever is receiving a message confirming that money has been sent to your parents.
@foodiesasian9613 24 күн бұрын
Indian never complaint, they work hard, work smarter,...
@YouCantHandleTheTruth. 24 күн бұрын
_"Indian never complaint, they work hard, work smarter,..."_ Bwahahahaha! -Ask- look at YOUR ambassador Palkee.
@toughtome 24 күн бұрын
@@YouCantHandleTheTruth.She is telling the news and even if you can't handle and don't have knowledge go read the description of the channel. Don't talk like nonsense here.Get lost and Go see Global times ,CGTN , Washington Post ,
@YouCantHandleTheTruth. 24 күн бұрын
@@toughtome _"She is telling the news and even if you can't handle and don't have knowledge go read the description of the channel. Don't talk like nonsense here.Get lost and Go see Global times ,CGTN , Washington Post ,"_ I watched ALL those, plus I have Spectrum Cable service here in SoCal where I get CNN, BBC, MSNBC et al. But why are you so irked up? Truth you couldn't handle? Why don''t you go and -watch- read the China/Serbia video, even more interesting by and about Palkee! Two thumbs up!!!
@maheeinvest 24 күн бұрын
@@YouCantHandleTheTruth. Pakistani fake id spotted.
@user-or1ce7ez5w 23 күн бұрын
😅😅😅
@IamNothing369 24 күн бұрын
You can take Indians out of India but you can never take out India from the minds of Indians ..... LOVE YOU INDIA 😍😍😍
@tenziny9253 24 күн бұрын
My $10k yearly contributions count for my mother land India for keeping my family and relatives safe and keeping them happy.
@catinbootsnow4267 23 күн бұрын
The Philippines used to hold the world record of oversea remittances for many years, thanks to 10% of Filipino people working overseas. Now India is holding the world record. 🏆
@MrTobytherat 23 күн бұрын
The Philippines still tops India when it's remittance as a percentage of GDP. 9.4% for the Philippines and 3.3% for India.
@Satanreincarnation-zg6sl 20 күн бұрын
@@MrTobytherat, yes, there are a lot of Filipinos in USA doing menial jobs and making good money and sending it back to their relatives in Philippines.
@rahulpaul948 24 күн бұрын
Palki Ji, U bring out the best information relevant to India and its current position. Thanks Palki Ji
@sabrinakhan8217 23 күн бұрын
Bheek aee hai West se.
@vdiitd 24 күн бұрын
One side effect is that Indians living abroad invest easily in real-estate in India, which results into higher prices for Indians living in the country.
@singularity3021 24 күн бұрын
Well the other side is that it will encourage real state developers to develop more areas with residential buildings
@oomz1975 24 күн бұрын
Indians living abroad invest in properties there too.
@slender5738 24 күн бұрын
@@oomz1975but property there are expensive as compared to india I don't hate NRI but I also don't like them
@bkchaitany 23 күн бұрын
We should encourage NRIs invest more in real estate like A grade office spaces, hostels, vacation resorts, airports, railway stations, sea ports, express ways etc.
@rajmohan5614 23 күн бұрын
@@singularity3021more areas more money still headache for ppl living in india
@melusinhlapo6903 24 күн бұрын
Congratulations 🥳 it’s a positive move,it makes sense given the consideration to the Indian population.
@Bhairavvvv 24 күн бұрын
It means Indians are more comfortable abroad than in their own country
@TheAryanKnight 24 күн бұрын
It also means Indians are more comfortable investing in India than buying and setting forever in the USA. They just go there for better jobs. Nothing wrong with that considering India has a reservation and lacks value for skill and focuses on useless degrees.
@jayeshsadhnani627 24 күн бұрын
It means usa, canada, europe is collapsing 😂😂😂
@Bhairavvvv 24 күн бұрын
@@TheAryanKnight ofcourse that's the only option left when your own country is failing you
@Bhairavvvv 24 күн бұрын
@@jayeshsadhnani627 how is west collapsing?
@TheAryanKnight 24 күн бұрын
@@Bhairavvvv Yep I guess thats why we are the fastest-growing country in the world and that's why people go abroad and send money back home. It's a major loss for India to get half the Pakistan's economy as remittances each year.
@priyer74 19 күн бұрын
I purchased a new flat in 2019 and last month April 2024 I went to India and repaid the loan and got my house papers. I am happy about my small contribution of investing in India.
@ninersnation3298 24 күн бұрын
i told ya, palki. india is big time. This is foreign direct investment!!! India again#1 in the world.
@kitkat47chrysalis95 24 күн бұрын
Russia #1 India #2
@krantikoganti 24 күн бұрын
@@kitkat47chrysalis95good joke
@kitkat47chrysalis95 24 күн бұрын
@@krantikoganti come on, we still friends. India invent chess. Russia make #1 chess player of all time Mikhail Tal. together we better. Russia and India
@krantikoganti 24 күн бұрын
@@kitkat47chrysalis95 i don’t have problem with the friendship 🙂. but truth is India is fastest growing economy of the world. russia and India are always loyal to each other.
@ssdhusg6042 23 күн бұрын
Colonial slaves now dare to be number one. America is really in decline.
@Hbr990 24 күн бұрын
Indians are Wise,Loving and Caring people also Hardworking not Lazy like Some of us. Excellency to 🇮🇳.
@circuitworm1496 24 күн бұрын
But, I'm a little lazy 😂
@Hbr990 24 күн бұрын
A little Lazy after achieving your goal is what you are good at. @circuitworm1496
@circuitworm1496 24 күн бұрын
@@Hbr990 Hmmm you said correct✅✅
@anir2286 24 күн бұрын
Indians are too much over worked. At least people in west have work life balance.
@christopherospig2278 24 күн бұрын
😄😅😝
@randysingh6548 22 күн бұрын
Great for india, this will help to boost the economy.
@user-ix8gh9bs9k 21 күн бұрын
Proud to be a part of this achievement. Thank God.
@Dailymarinervlog 24 күн бұрын
Our company has 800 ships at an average of 80000 $ per ship! So this is only one company! Imagine all around the world!
@SDM496 24 күн бұрын
80000 USD for a ship? Even a small fishing boat would cost more than 80k. 😂😂😂
@saravana2532 24 күн бұрын
@@SDM496hello he is saying about the salary not the worth of a ship.. You can't even understand this but putting comments what an ignorance😂
@saravana2532 24 күн бұрын
My spouse is a marine engineer too sir
@slender5738 24 күн бұрын
@@SDM496bro that's his per ship income
@Dailymarinervlog 17 күн бұрын
@saravana2532 its always good to have people who have knowledge about stuff! Thanks mate
@clivechilindi3216 24 күн бұрын
Wow......... This is amazing
@arai7859 24 күн бұрын
This is 360° coverage ❤️
@mosoniochakre8205 23 күн бұрын
This is why India needs other countries and the other countries need India to grow
@regikurian4704 24 күн бұрын
Well said Palki
@nl9803 24 күн бұрын
The culture of Bharat already changed. My son in America n works in a top notch tech company, but never sends money. I run with interest gained from my cash deposits. Unless each one realizes about their parents, it will be very difficult going forward for us. So elders pls keep enough money with u, don’t spend all money for ur kids. First we should have min food, shelter n cloth meeting funds with us.
@TeluguConsultancyKumar 24 күн бұрын
As an Indian, I can confirm that we drink cow 🐄 urine. 😮
@ushakuckian 24 күн бұрын
Sorry to say but that sounds like a parenting issue to me
@nl9803 24 күн бұрын
@@ushakuckian one way u r correct which I am realizing it at age 60. So be it for me. I am content with what is left with me. I will be able to feed my wife so long there is no big medical emergencies. U may ask y not have med insurance. Do u know the cost of med insurance for old age people? If I appky I have to stave for close to 3 months. So u be careful. Set aside ur old age convenience money n then spend for others.
@baraks7487 23 күн бұрын
This is the reality. All so called Indians in tech industry will never return back to india except for funerals of their parents in some cases
@ushakuckian 23 күн бұрын
@@nl9803 I have seen this case, but both parents and the son is India. He is my cousin by the way
@Sroy07345 24 күн бұрын
It's not a good thing. It means that skilled workforce (especially tech) is moving out either due to no job or reservation. Also these people are smart enough to understand that the taxes they pay in India does not give them anything in return except broken roads, power shortages and irregular water supply. Food safety doesn't exist here.
@SathyaswamyS 24 күн бұрын
Well said
@GururajBN 24 күн бұрын
Talented people quit because of reservation and difficulty in getting into higher education institutions without reservation. Nevertheless, they are productive, unlike many migrants who pray five times a day, and roam the streets with stone in the hand.
@veenagjoshi 24 күн бұрын
you are absolutely wrong - even western countries have unemployment (no jobs) but we are hard working and work for lot less money than westerners - India has plenty of educated people (largest population)
@saurabhsurve9247 24 күн бұрын
There is no scarcity of talent or skill in India, if anything "these people" help reduce the competition.
@oomz1975 24 күн бұрын
Broken roads etc can be found abroad too, despite paying high taxes.
@greatvideoideas4533 21 күн бұрын
Indian's are honest and humble towards their jobs the worship their work place and they are loyal towards their company
@ridhamkumar4844 24 күн бұрын
On one hand it is a good thing but on another hand it is a greater concern that our youth is prefering to go abroad rather to work in home because of lack of jobs and especially of reservations.
@Agastya_Muni 24 күн бұрын
There is no reservation for techies don't talk nonsense.
@ridhamkumar4844 24 күн бұрын
@@Agastya_Muni Do you think all working abroad are techies. Update your knowledge.
@Agastya_Muni 24 күн бұрын
@@ridhamkumar4844 most that are working abroad were never the aspirants of a job in India which had reservations, upgrade your common sense.
@zisun7483 24 күн бұрын
This is one income from Hard labours of the Indian Palki send more Indian to other countries for works overseas and at the same time will indianise the whole world
@user-jf5gt9pi4i 23 күн бұрын
Yes, these foreigners don't know that we Indians are colonizing them, like how they did us. Every educated Indian must work abroad, and take our culture there and conquer the foreigners. Danny Beharie, South Africa.
@mcmaltaeurope4777 24 күн бұрын
Congratulations BRAVO ❤
@harshachoudhary7847 24 күн бұрын
Awesome!
@sharathgadasally2309 24 күн бұрын
Remittances will keep on increasing as the amount is truly very small compared to the potential. India has more people than any continent, large population living outside India (albeit not large by percentage) and a growing economy that engages with the world. As long as Indians look for opportunities globally, this trend should only accelerate.
@BBalasa 24 күн бұрын
Let us not forget this is the excess money that is coming into the country , outside the living expenses which we are already paying to local + taxes.
@alexwolf4000 17 күн бұрын
Thanks for the unemployment in india it motivated me to go abroad, now my life is better in every respect
@Lyle-In-NO 24 күн бұрын
This is nothing to be proud of. It means that the Indian job market is so bad, it's citizens have to go abroad to earn a living for their families. How can Palki boast about this?
@saravana2532 24 күн бұрын
Ha ha.. This means that Indians are everywhere and they feel money is safe only in our country
@nl9803 24 күн бұрын
Job market is bad across globe. Now a days many returned to Bharat n startup’s on rise. During upa times, most gone to USA, uk, etc. u mean to say upa was very bad under Sonia?
@oomz1975 24 күн бұрын
Moment of silence for your education.
@ashishpandey8537 24 күн бұрын
Sach me garv hota hai un logo pr jo acchayi me bhi hurai dhoondh de yeh wahi dhruv rathi fans hai jo sun kr khush hota hai ki kya sach me India ko highways, expressways aur airport ki zarurat bhi hai kya 😂😂😂
@ushabajpai5502 24 күн бұрын
@@ashishpandey8537 do we really need remittances?
@strawmanfallacy8666 24 күн бұрын
Palki ji please cover the latest PM-EAC report on religious demographic shift in India. It's very important to tell the world that minorities in India are only growing, while minorities in India's neighbourhood are being decimated.
@mareddy5696 24 күн бұрын
dont want to quote a number... but yeah I had sent a big chunk for our home construction... as more Indians venture out, this number will only grow... wherever indians may go, they take a piece of their motherland home... so never far away
@bnanday 21 күн бұрын
This is from 2022. Do we have any data for 2023?
@everstar8056 23 күн бұрын
Proud my remittance is part of that😊😊
@OkOk-qd2nc 24 күн бұрын
It means large no. of Indian are doing odd jobs abroad and sending money back to family.
@user-pd8sg4je7k 24 күн бұрын
Bharath...Central Govt is to take care of overseas Indian workers whatever their level.
@amitdandage99 23 күн бұрын
It means, large chunk of it is going to be invested in real estate thus taking its prices further up
@Silent-Ghost-Rider 24 күн бұрын
For every Blockchain transaction. Government takes , 1% TDS + 30 % of profit . People work to earn money and it goes to corrupted pockets. 😢😢😢
@agent47bond5 23 күн бұрын
No dude Only if you took profit for investing in blockchain
@Silent-Ghost-Rider 23 күн бұрын
@@agent47bond5 Do u think people invest to lose.?
@Edwinsk43453 24 күн бұрын
Concerning
@Raja-ct9xq 24 күн бұрын
That means we dont have enough jobs within the country. And rupee is losing its significance in international market.
@Wolfa-tr5sq 24 күн бұрын
the reasons explained are not the only reasons. I live in NYC and I send a lot of money back home. My family is doing well, but I invest that money in Indian stocks because the market in India is big and the returns are significant. As far as the number of jobs are concerned, layoffs are happening everywhere, not because governments are not doing well, but because AI is taking over a huge chunk of the workforce. I advice the young people to choose a line of occupation which either involves developing AI models, or will take time for AI to affect it. Hope it helps!
@sosipin2000 24 күн бұрын
@@Wolfa-tr5sqBJP Troll in action...??? 🐮🐄😋😜😁
@Wolfa-tr5sq 24 күн бұрын
@@sosipin2000 that's your character and position, so to speak. If you read closely, I didn't mention politics anywhere in my comment. That's all in your head which is making you concoct stories that align with your current psyche. I'll wish you quick recovery and well being. While you spend most of your time watching videos and overload yourself with news, I analyze real life data and grow in life. Now bring in some hate comment once and feel free to go back to your favorite videos.
@chaitanyak.n.4768 24 күн бұрын
There are enough jobs in India, it's just that the US pays far more. I kid you not, salaries in India for top tech jobs are similar to Europe. But the US is in another league.
@nl9803 24 күн бұрын
Many r not going abroad now a days. But during upa almost all top tech guys left Bharat. Do u mean to say the job market in Bharat was very bad under upa Manmohan n Sonia rule?
@dipayanmandal15 24 күн бұрын
REclining INR value personally benefits me. I earn a little in USD and then convert it into INR via PayPal. Also, I have to pay GST on it.
@Everything_UNTK 24 күн бұрын
It's good, these dollars will help meeting the demand of foreign currency and will reduce pressure on rupee.
@satyamsingh4653 24 күн бұрын
Upi doesn’t do shit for international transactions…I do and use remittly and XE.
@edwardspencer9397 24 күн бұрын
Agreed. Paypal has been the saviour for most Indians since FOREVER else India is one of the most unfriendliest when it comes to forex & related activities
@rocky00121 24 күн бұрын
Yes
@binaryxd4812 24 күн бұрын
Many of us have started using UPI, for international transactions as well, you'd get its option in phonepe or other apps.
@zulqurnainmd183 24 күн бұрын
It's not matter of pride, it's shame that our people are wasting their talent to serve other countries. 😢😢
@9876karthi 24 күн бұрын
Do you have other options here? a Opportunities?
@Sinner85 24 күн бұрын
Our population is humangonous. So there is no problem 😊
@HARSHDHV1 24 күн бұрын
We are living in global village . Whether we work in india or abroad they contribute to humanity. Pitchai of Google , Nadella satya of Microsoft and Arvind krishna of IBM have become CEOs of companies who have head offices situated usa. The companies in usa recognized their talent. Earlier the concept was brain drain. Now p.m told NRIs : we are proud of you. Many of relatives and friends said 1. If the roads are clean 2. 24 hrs electricity 3. Reliable internet facility they are prepared to work in india. Politicians want votes. They give rewri and our funds not used properly.
@24jithu24 24 күн бұрын
We are over crowded .even a government 1000 times more competent than the current one can’t serve all. Stop breeding like rabbits and maybe something can be done about opportunities
@smaug9833 24 күн бұрын
Wasting? No. It's more like spending talent for the one who values it most.
@priyanshumeena3438 23 күн бұрын
Can’t believe they are leaving the “Vishwaguru” and going outside to work in a much better country. But Jaishankar said Indians are coming back in huge numbers.
@hmmmokay4488 24 күн бұрын
Good to see such high remittances. Hopeful that the number goes up in the coming years too. Considering the high population moving abroad is the best option for an Indian youth. Move out, receive a lot more salary than you would in India and then send remittances and indirectly help the country. A win win situation for everyone
@OYT95 24 күн бұрын
It means there are no jobs created in last 10 years and that's the reason people are leaving india😂
@itdoesntmatter9923 24 күн бұрын
Kuch bhak the hai Bina logic ke raga ko Tara. EPFO ka data V dekle. Yes brain drain is a problem since decades we have to tackle it and without manufacturing prowess we can’t attract talent. Make in India has surely open the door some what and we need to do more. Anything good idiots will jump like u
@TheAryanKnight 24 күн бұрын
It also means Indians are more comfortable investing in India than buying and setting forever in the USA. They just go there for better jobs. Nothing wrong with that considering India has a reservation and lacks value for skill and focuses on useless degrees.
@SylvesrerSam 19 күн бұрын
@@TheAryanKnightcope
@Xxxs361 24 күн бұрын
At one side it's indians leaving country ( no patriotism towards to mother India ) .. At other side we r proud of our people becoming pm of uk, vice president of usA OR CEOS OR NOW This remitensies.... But one thing jobless in our country and beg for free bees or becoming burden for country is far more worse than sending remitensies to our mother land and helping our country ( just my opinion )
@devanshverma6477 24 күн бұрын
Bro we have jobs but employability is the issue according to data Because of our education system and no body protest for that
@ratan012 24 күн бұрын
They go to North America and very happily clean their toilets , drive trucks and work in restaurants / houses.
@jesh-ik5qh 24 күн бұрын
What is patriotism ? Staying at home ? Then homemakers love their homes more than partners who go out to toil !! You are not talking sense
@jaibhavani6454 19 күн бұрын
Patriotism is total BS it's just an emotional excuse for those who can't leave the country for better living standards in west
@iolohammer 18 күн бұрын
go go India
@stardust3722 24 күн бұрын
Feels like it's possible to recover $45 trillion now
@samgen4394 24 күн бұрын
India doesnt have enough job for the talented youth. Thanks to modi ji
@jjMavani 24 күн бұрын
Can Indian Govt construction companies or Private construction companies pay @ 20$ to 30$ per hour to labour? no if they can pay nobody goes in foreign land to work humko sab sasta chahiye
@murkhuddindalal 24 күн бұрын
okay chamchuddin
@jayeshsadhnani627 24 күн бұрын
Congress ka ex-collector 😂😂😂
@PTIndia00768 24 күн бұрын
@@jjMavaniHmm.. Does Indian government tax laborers who receive $5 an hour? what about western nations?
@SuperScarab 24 күн бұрын
You mean ☪️huslim youth ??
@HunterGatherer90 24 күн бұрын
That means Inflation in India and Advantage for dollar.
@primalvincent7802 24 күн бұрын
Check statewise as well.. You will know better
@tamil9146 24 күн бұрын
Indians must live with pride and dignity / dedicated and responsible / productive / integrity must be the core values of the Bharat expert to foreign countries
@kitkat47chrysalis95 24 күн бұрын
Russia
@drkirankumar4126 24 күн бұрын
This is not proud moment, we should be ashamed that most of us leave our motherland to work overseas, much more effort needed for make in India by India, Jai bharath
@periwinkleee2024 24 күн бұрын
Highest population is world bro Reservation plays key role as well
@fourlimbedmartian5262 24 күн бұрын
You also need to control your population, a country can only support a certain number of its population. The US has three times the area of India but about a quarter of the population. Hope you know how to calculation the PPI.
@drkirankumar4126 24 күн бұрын
@@fourlimbedmartian5262 China took advantage of its population
@jaibhavani6454 19 күн бұрын
If I'll get a better opportunity in a western country then I'll definitely leave this shithole country who has the most useless masses fighting for free bees and communalism
@TheAaafirst 23 күн бұрын
I am from hk, yes, local Indians work very hard.
@jamesthomas1379 21 күн бұрын
You are from Hankock or Kingdom of Honolulu?
@vocalistSL 17 күн бұрын
impressive..
@sajithchannadathu7902 24 күн бұрын
IT means Rupee has lost lot of value .. Dongt try to spin it for the MOdi Govt . it si nogt a good thing for indains
@chaitanyak.n.4768 24 күн бұрын
Um, the numbers are in dollars. It's even more impressive if rupee had lost value.
@-rate6326 24 күн бұрын
They aren't earning in India. They are earning abroad. If rupee depreciated remmittance would decrease
@vinaybhat7670 24 күн бұрын
Old witch... MODI is coming back to power m..u Librandus Will have 5 more years to cry
@sajithchannadathu7902 24 күн бұрын
@@chaitanyak.n.4768 She is quoting in Rs so yes rupee llost valeu so total rupee valeu went up nothing any one done
@chandramohanj4619 24 күн бұрын
Converting to INR it's 9lakh crore rupees. 1 Lakh crore => 1crore 1 lakh times ...9 lakh crore => 1crore 9lakh times. 1 Billion = 8200crores ... 111billion = 111 x 8200 crores = 9,10,200 crores.
@longjohnsilverin2468 24 күн бұрын
Good news 😊
@BabuKhan-dl5rn 23 күн бұрын
Jai hind jai bharat 🇮🇳
@reginadiaz2835 24 күн бұрын
Thanks for continuing to update...I prefer to operate in the stock market or crypto because it is more profitable. I earn an average of $34,840 per week even though I barely do any business
@peretbarde3436 24 күн бұрын
How is that? if you do not mind
@reginadiaz2835 24 күн бұрын
Olivia Baker has been my backbone since last year and has brought me many benefits.
@estherpatricia1042 24 күн бұрын
I don't know that people know Olivia that much. I have been able to climb from 10k to 36k, pain under her supervision and her responsibility, the signs are the best to enter and exit, very good woman.
@robertojesus1681 24 күн бұрын
I started with $1000 and have accumulated $21000k so far
@troy2222 24 күн бұрын
I saw her on Google, thanks for the recommendation.
@theawesomeman9821 24 күн бұрын
The foreign minister of India has lost all credibility critisizing and antagonizing developed nations if developed nations truly contribute as much as they are depicted in this video towards India's prosperity.
@ashok.vardhan.g 24 күн бұрын
You have a very limited understanding of Geopolitics.
@theawesomeman9821 21 күн бұрын
@@ashok.vardhan.g really? Care to elaborate? What did I say that doesn't make sense?
@SubhashChander-lr1do 23 күн бұрын
We pay 40% taxes , pay for rent , food , all the bills then save the money on top it to send back home ! It’s not for faint hearted
@piyushaggarwal5207 22 күн бұрын
Go Bharat!
@SebastianYap-xj9ju 24 күн бұрын
India 🇮🇳 GDP increased by $111 billion dollars so congratulations to 1 billion prime minister modi has democratic voters one billion get GDP per capita increase by at least 100 dollars per person in India. When India 🇮🇳 gdp per capita better than Australia 🇦🇺 gdp per capita....jai India 🇮🇳
@nl9803 24 күн бұрын
Don’t ompare any overseas. Their cost of living varies between 5 to 10 times of us. So simply put , matching their per capita is not good. How much we pay for a 3 bed room flat in chennai or Mumbai? How much is it in USA or Australia? I hope my message is clear.
@jamesrussell1979 24 күн бұрын
Very interesting and very informative 👍 👌 👏
@gopaakrishnanmvenkataraman9129 22 күн бұрын
Family values is the soul for such. Gestures. Family is the what makes Indians proud Mathruboomi and mother are only and the same
@parthjoshi9265 7 күн бұрын
Have you considered the Money sent back to pay the interests on the Education Loans?. Would like to get those numbers as well as a percentage of the remittance
@SathyaswamyS 24 күн бұрын
Q. What does it mean? Ans. It means that India has failed to provide adequate employment opportunities and good standard of living to its people, hence they have to go abroad.
@fourlimbedmartian5262 24 күн бұрын
What does is also mean? Indians have mass reproduced beyond what the country can provide which means not everyone can get a high paying job. Population control is a must. So dont blame everything on the country, people also need to control whats in their pants.
@vinaybhat7670 24 күн бұрын
Dumb a55..my sister had 1 lakh/month salary here...she left this job, because she got 5 lakh/month salary in Germany.. Talented people will get job...undeserved will cry like u..
@oomz1975 24 күн бұрын
Oh dear, moment of silence for your education.
@Kal5550 24 күн бұрын
Q what did you do for more employement oppurtunity in India?
@SathyaswamyS 24 күн бұрын
@@oomz1975 Can't take the truth?
@trends2morrow107 23 күн бұрын
Hopefully the economy improves it helps paying back some of India's huge debt...
@megalacg 24 күн бұрын
May be there should be a study on the domestic financial uses associated with sending money. What kind of impact it has mentally.
@rr7748 24 күн бұрын
Is this a matter of pride??More and more Indians are forced to leave county for better education,jobs and quality life.Cost of higher education is getting very expensive in our country.
@raveendhana7084 24 күн бұрын
Do you think the issue is also with the people and apart from the government
@uTube00789 24 күн бұрын
Lol! Nobody uses UPI for remittance. This is an Ad for govt. misleading common man in India.
@rajkumarlingi9492 22 күн бұрын
Jai Hind Jai Ho namo namo 🙌🙌🙌🙏🙏🙏🇮🇳🇮🇳🇮🇳
@unknownnumber6083 19 күн бұрын
1 culture 2 interst rates 3 tax exemption 4 digital payment 5 energy surge
@nachungzunma9156 24 күн бұрын
India is a poor and poverty-stricken country. The vast majority of Indians can survive only by working outside the country and live on money sent by relatives in the West, Modi's India is still poor and depended on remittance, from the West
@silvarajoomuniandy4316 24 күн бұрын
China still have poverty striken villages.
@RVI123 21 күн бұрын
Also data on remittances per million population of country might be another important data point .
@simranjeetkochar1709 24 күн бұрын
As per report" The link between India's Unified Payments Interface (UPI) and Singapore's PayNow network was launched in February 2023 by Indian Prime Minister Narendra Modi and Singapore Prime Minister Lee Hsien Loong" How have it led to the increase in flow till 2022?
@rajendradalei8483 24 күн бұрын
Ironically, NRIs do not get benefits like jobs in India due to the hectic politics in employment sectors, which government should take care of. Most of the banks, like SBI, IOB, make it difficult for NRIs to open an account. Moreover, their apps and websites are not well maintained abroad, do not open, and do not respond to any emails or calls. Getting OTPs abroad is always problematic. These NRIs invest abroad, with no ways to send money back to India. Most importantly, NRIs buy many products from India, in USD, which is not taken into account. So in total, it might cross 150 billion USD, if government acts accordingly.
@YouCantHandleTheTruth. 24 күн бұрын
As I've posted this many times. First of all I don't believe ANY of this and I don't know how the Indians come up with this RIDICULOUS and BOGUS figure. There are only about 10-20 million NRIs around the world and most of the ones here in the United States that I personally know DO NOT send any money back to India other than tourism and they don't go often. Now if you're confusing this with 'tourism' which I know it is nowhere near the number, than India is definitely DOOMED. I know it's election time, but you can't _cheat_ to win, and there's an old saying: _"a cheater never wins'_
@4635235 24 күн бұрын
Yes, India is help building other countries and economies, but not their own. Poor India.
@MrGrowthAndChange 24 күн бұрын
This is an ignorant statement, please watch the video again
@cyberphunny0017 22 күн бұрын
Anyone calculated how much are they paying at the universities?
@mayankyadav7 24 күн бұрын
Then why still inr price is going down?
@is7964 24 күн бұрын
Eventually, it goes to the pockets of our corrupt politicians.
@manottamb 21 күн бұрын
I think most of the remittance money going into stock market 📊
@user-gx1tr7nu5b 24 күн бұрын
Do we have data on how much India is spending on 1. Foreign holidays 2. Foreign education 3. Foreign destination marriage ?? 4. Foreign medical expenses
@maligarjunjanardan6619 24 күн бұрын
Especially the govt. should look into people going to Europe and far east and their pervert purpose for holidays. We have over 15 eco systems in the sub continent from seashore, hills to deserts to snow covered paradise. But we cannot develop for environment reasons. Foreign education is another drain. No foreign country accepts Indian degrees of late and want to at least take 1 degree from the host country to be employed. Foreign destination marriages are another bane on the economy. If India opens up its traditional medicine even that could save.
@lyeseng 24 күн бұрын
What does it mean? A nation of coolies!
@pritomkairi7744 24 күн бұрын
Thanks for your service in India as a coolie 🤗🤗
@lyeseng 24 күн бұрын
@@pritomkairi7744 Hello? A big chunk of these remittances came from Indians in China, so shut your coolie mouth. Ignoramous!
@lyeseng 24 күн бұрын
@@pritomkairi7744 Hello, ignoramus? A big chunk of these remittances came from Indians in China. So be careful.
@sathyanarayana887 24 күн бұрын
Coolies also a respectable than a brothel / drugs dealings or terrorists 😂
@SuarPutraRaamSuarPillaShivai 22 күн бұрын
@@pritomkairi7744thanks for ur toilets cleaning in Gulf sandaschap Pajeets 😂😂😂
@RichardJeremiadoss 17 күн бұрын
India is a race horse, the best to bet on today's world. So live abroad for a better quality of life and invest in India for better returns. Thats the smart way to do.
@goldkskr9853 23 күн бұрын
And how much these people are helping the other countries gdp!
@darshansudhakar2659 24 күн бұрын
Looks like property prices are not going to fall anytime soon 😢
@TWL___ 8 күн бұрын
It means Indian government has made 33.3 billion in taxes just from money coming in as remittance from overseas.
@kunalsaxena20 22 күн бұрын
A big number, but it goes to show that a lot of Indians have gone abroad and made a good life for themselves. Something we aren't able to replicate to our full potential over here.None the less a good number though
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