 "The funds sent under the Liberalised Remittance Scheme by resident individuals to study abroad rose to $278 mn in Sept from $160 mn a year ago.")
Remittance inflow in India in 2022 is expected to top the $100 billion mark for the first time ever. It will continue to retain the top spot in the list of countries with the highest remittance receipts, a report by World Bank said.
"Remittance flows to India were enhanced by the wage hikes and a strong labour market in the United States and other OECD countries," World Bank said in its Migration and Development Brief.
India will be followed by Mexico with $60 billion in remittance receipts. At $51 billion, China, which occupied the second spot earlier will receive the
