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 ..

World Bank’s Migration and Development Brief

As per the report of the World Bank’s Migration and Development Brief, India has retained its position as the world’s top recipient of remittances (money sent back home by its nationals working abroad) in 2018. World Bank Report on Remittances ..

Month: Current Affairs - April, 2019

India highest recipient of remittances in 2018

The World Bank (WB) has recently released its latest edition of Migration and Development Brief. In it, India has retained its position as the world’s top recipient of remittances with its diaspora sending a whopping $79 billion back home in ..

June 16: International Day of Family Remittances

The International Day of Family Remittances (IDFR) is observed every year on 16 June across the world. It is aimed at recognizing significant financial contribution migrant workers make to wellbeing of their families back home and to sustainable development of ..

Month: Current Affairs - June, 2018

India was world’s largest remittance-receiving country in 2017: Repot

According to recently released report ‘RemitSCOPE – Remittance markets and opportunities – Asia and the Pacific’, India was largest remittance receiving country in the world with US $69 billion in 2017. Top five remittance receiving countries in 2017 in the ..

Month: Current Affairs - May, 2018

India becomes largest remittance-receiving country in world in 2017

According to the report ‘RemitSCOPE – Remittance markets and opportunities – Asia and the Pacific’, India has become the largest remittance-receiving country in the world in 2017, with migrant workers from the country sending home 69 billion US dollars. The ..