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   India Gets Largest Remittance
 

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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