Budget 2022: Indians send 10 times more money abroad

/ 1 min read

There has been 10 times increase in outward remittances under the liberalised remittance scheme in the last 10 years.

There has been 10 times increase in outward remittances under the liberalised remittance scheme in the last 10 years. Out of $12, 684.4 million that Indians sent abroad in FY21, $3,836.1 million was for studies abroad.

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