NRIs remitted $55 billion in 2010
Indians No. 2 in emigrating, top in sending money home
Rema Nagarajan, TNN, Dec 6, 2010, 12.33am IST
NEW DELHI: India continued to be the largest recipient of remittances in 2010, with the figure rising from $49.6 billion in 2009 to $55 billion. It was also the country with the second largest number of emigrants (those migrating abroad) after Mexico, according to the World Bank's just-released Migration and Remittances Factbook 2011.
Interestingly, even as 11.4 million people from India went abroad, 5.4 million came into the country, making India No. 10 in the list of nations attracting the most immigrants -- and No. 2 in Asia, behind only Saudi Arabia.
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