India Tops Global Remittances: A Closer Look at the 2024 World Migration Report

According to the World Migration Report 2024, India has once again emerged as the leading recipient of remittances worldwide. In 2022, the country received a staggering $111.22 billion, setting a new record and highlighting the significant contribution of the Indian diaspora to the national economy. The Significance of Remittances Remittances play a crucial role in…