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Posts Tagged ‘Remittance’

With migrant workers facing job losses, anti-migrant sentiment and even violence in the deepening global financial crisis, World Bank researchers predict remittances will fall to $290 billion in 2009, from last year’s high of $305 billion.
Remittances flowing to developing countries from Russia, South Africa, Malaysia and India are “especially vulnerable to the rolling economic crisis”, [...]

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There are over 30 million NRIs, PIOs and overseas Indian citizens spread across 130 countries. Accelerated cross-border migration of Indians acts as a catalyst to multi-national matrimonial relationships.

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Will India conquer the world with its 54 percent Young Indian population (lesser than age 24) and world’s fifth-largest consumer market?

” One remarkable aspect of the Indian growth story is the way in which it has left rural poverty and ignorance untouched. Even by the low standards of the developing world, rural [...]

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India’s touted job welfare scheme struggling: report
NEW DELHI (AFP) — Just three percent of households signing up to a multi-billion-dollar Indian welfare drive promising 100 days of work to every rural family actually got such jobs, a report said Monday.
India’s ruling Congress party had billed the drive as a “landmark” in its battle against poverty, [...]

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Andhra Pradesh: Bribes adjusted for inflation!
Narendra Ch, 02 January 2008,
The Andhra Pradesh government’s Anti-Corruption Bureau (ACB) has come to the conclusion that only 10 per cent of the 14-lakh state government employees are scrupulously honest. Others range between the totally corrupt to the fence sitters.
CORRUPTION HAS become part and parcel of the Indian administration. Corruption [...]

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