India Highest Recipient of Remittances In 2018: World Bank
- India retained its position as the world’s top recipient of remittances at $79 billion in 2018 as per the World Bank.
- Remittances grew by more than 14% in India, where a flooding disaster in Kerala likely boosted the financial help that migrants sent to families.
- India was followed by China (USD 67 billion), Mexico (USD 36 billion), the Philippines (USD 34 billion), and Egypt (USD 29 billion),
- Reducing the remittance cost to 3% by 2030 is a global target under Sustainable Development Goal 10.7.
Do You Want to Read More?
Subscribe Now
To get access to detailed content
Already a Member? Login here
Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
News Snippets
- 1 Sea Otters Help Restore Ecosystem Balance
- 2 Lion-Tailed Macaque Faces Growing Threats
- 3 ICJ Hearings on States’ Legal Obligations to Combat Climate Change
- 4 GenCast AI Model Revolutionizes Weather Forecasting
- 5 Shockwave-based Syringe for Needle-Free, Painless Drug Delivery
- 6 Willow Chip: Google's Quantum Computing Breakthrough
- 7 Indian Researchers use AI to Discover Anti-Ageing Molecules
- 8 India-UK 2+2 Foreign and Defence Dialogue
- 9 India-Kuwait Joint Commission for Cooperation
- 10 India & EU to Hold Strategic Foreign Policy Dialogue
