Migrants sent home $800 billion remittances to these countries in …
Feb 2, 2023 · The amount of money sent home by migrant workers surged to an expected $794 billion in 2022, the World Bank says. The cash is a lifeline for people in low and middle-income countries, and it’s the biggest contributor to some nations’ economies.
Foreign workers sent more money to India than any other country …
Aug 30, 2019 · It shows Indian migrant workers sent home almost $79bn in 2018. China was the second largest recipient of remittances, with $67bn sent back by 10 million overseas workers. In itself, the $79bn Indians sent home in remittances is a huge sum of money, but it is equal to just 2.7% of India’s GDP, according to data from KNOMAD.
India could become the world’s 3rd largest economy in the next 5 …
Jan 15, 2024 · The notable achievements during India’s tenure – the inclusion of the African Union into the G20; the launch of critical multistakeholder partnerships such as the Global Biofuel Alliance and the Global Initiative on Digital Health; the progress on United Nations Sustainable Development Goals (SDGs); the reform of multilateral development banks; and the scaling of …
India is now the world’s 5th largest economy - The World …
Feb 19, 2020 · India became the world’s fifth largest economy last year, according to data from the IMF’s October World Economic Outlook.
How India will consume in 2030: 10 mega trends | World Economic …
Jan 7, 2019 · The new Indian consumer will be richer and more willing to spend, and unlike her predecessors, she will have very specific preferences. The following 10 mega trends for India in 2030 can help businesses and policy leaders envision the India of the future.
Here’s what young Indians really want from life
Oct 5, 2018 · Many youth report to facing multiple barriers to finding desirable and suitable job opportunities. Factors like information asymmetries on jobs and skills, and lack of guidance for setting realistic career goals and making professional choices, are holding back young Indians. 51% of respondents report that a lack of information about available job opportunities that …
India’s Unified Payment Interface's impact on the financial …
Jun 26, 2023 · The UPI, launched by the National Payments Corporation of India (NPCI) in 2016, enables citizens to transfer money from one bank account to another instantly. UPI has revolutionised digital payments in India, enabling individuals and businesses to make transactions seamlessly and securely.
How to scale up much-needed finance for India's water sector
May 26, 2021 · In India, a water supply shortfall of up to 50% is expected by 2030, as per UNICEF. According to federal think tank NITI Aayog, 21 major Indian cities are in immediate danger of running out of groundwater. Three-quarters of Indian districts, home to 638 million people, are hotspots for water-related disasters.
Inequality in India: what's the real story? | World Economic Forum
Oct 4, 2016 · According to a report by the Johannesburg-based company New World Wealth, India is the second-most unequal country globally, with millionaires controlling 54% of its wealth. With a total individual wealth of $5,600 billion, it’s among the 10 richest countries in the world – and yet the average Indian is relatively poor.
How India is emerging as an advanced energy superpower
May 27, 2024 · The community engages industry leaders who drive frontier segments of the energy system to shape the advanced energy solutions industry vision and narrative, support partnerships among innovators, large energy companies, energy …