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A JP Morgan study says that India gets the most inward remittance from its
Diaspora world over estimates it to be around USD 21 billion (an increase of
150% since 1995).
A Reserve Bank of India (RBI) study estimates the remittances from Indian
Diaspora to be double than that of foreign institutional investors (FII) and
1/4th the merchandise export earnings of the nation.
Amounting to 1/3rd of India’s foreign exchange reserves, the investments from
abroad have been mostly in real estate and
information
technology.
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