India Leads the World in Money Sent Home by Workers

In the year 2022, India got the highest amount of money sent home by its workers living in other countries. This money is called remittances. India received over $111 billion in remittances. This report comes from the United Nations group called the International Organization for Migration (IOM). India is the first country ever to get more than $100 billion in one year from remittances. 

India’s Money from Workers Keeps Growing

The report shows that the money sent to India by its workers in other countries has been increasing year after year. In 2010, India got $53.48 billion. In 2015, it was $68.91 billion. In 2020, it grew to $83.15 billion. And in 2022, it reached a new high of $111.22 billion. Many workers from India, Pakistan and Bangladesh go to work in other countries, especially in the Gulf region. This is a big reason for the high remittances. 

Problems for Migrant Workers

While the money sent home is very important, the report talks about the troubles faced by these migrant workers. Some problems are paying too much money to migrate, not getting paid properly, facing discrimination, and bad treatment at work. The Gulf countries, where many workers go, have been criticized for not protecting the rights of these workers. This was seen during the 2022 FIFA World Cup in Qatar.

Indians Living and Working Abroad

The report says around 18 million Indians, which is 1.3% of India’s population, live and work in other countries. This makes India the top source of migrants worldwide. Many Indians live and work in the United Arab Emirates, the United States, and Saudi Arabia. At the same time, India is also a popular place for people from other countries to migrate to, with 4.48 million immigrants living in India.