India Solidifies Global Lead as Remittance Inflows Hit Record $137 Billion
India has reclaimed its position as the world’s largest recipient of remittances, with the nation’s 19 million-strong diaspora funneling a record $137 billion into the domestic economy throughout 2024. This massive capital influx underscores India’s pivotal role in global labor migration, as the country continues to lead international rankings for both skilled professional emigration and…