World Bank Migration and Development Brief

The World Bank recently released its 37th Migration and Development Brief 2022 titled ‘Remittances Brave Global Headwinds, Special Focus: Climate Migration’. What are the key findings of the report? Remittances to low and middle income countries increased by nearly 5 ..



PayPal introduces digital Foreign Inward Remittance Advice (FIRA)

The Digital Payment service provider PayPal recently introduced Foreign Inward Remittance Advice. It is an automated process to obtain monthly foreign inward remittance advice. What is FIRA? It is a document that acts as a proof for all the payments ..


Migration and Development Brief Report of World Bank: Key Facts

On October 30, 2020, the World Bank released the migration and development brief report. According to the report the remittances of India will fall by 9% by the end of 2020. India’s remittances will drop down to 76 billion USD ..


“Dream Kerala Project” launched for Keralites returning from abroad

On July 1, 2020, Kerala announced “Dream Kerala Project”. The project is being rolled out to tap potential and experience of those returning from abroad. Highlights According to the Government of Kerala, Rs 85,000 was sent by the expatriates in ..


June 16: International Day of Family Remittances

Every year, the International Day of Family Remittances is observed on June 16 by the United Nations. The day is observed all over the world. This year the day is celebrated under the theme Theme: Remittances are a lifeline Highlights ..


2019 edition of International Day of Family Remittances (IDFR)

The International Day of Family Remittances (IDFR) is observed every year on 16th of June to recognize the contribution of over 200 million migrants to improve the lives of their 800 million family members back home, and to create a ..