ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

RemittanceSubscribe to Remittance

Great Exoduses

Migration has helped India weather many a crisis and also ushered in new challenges.

Dynamic Multiplier Effects of Foreign Remittances

India continues to be the largest recipient of remittances across the world, with a tremendous growth in private unrequited transfers from just ₹12 billion in 1990–91 to about ₹1,009 billion in 2015–16. Emphasising this component of remittances that India has witnessed during the post-liberalisation period, the article investigates the demand-side macroeconomic effects of the flow of private transfers on key variables such as consumption, investment, imports, and income in India during the post-reform period of 1996–2014.
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