The Waiting Game: When Will Pre-Covid Remittance Levels Return To India?
For an economy that relies so heavily on incoming remittances from an external workforce, COVID-19’s impact on money being sent home to families in India could be devastating. Q1 2021 hedge fund letters, conferences and more The Impact Of Covid-19 On Global RemittancesIndia is known as one of the biggest recipients for global remittances and the inflows are considered vital to the country’s macroeconomic outcomes. That is why any change in remittances – either up or down – can have a very significant impact on India and its people. Last year when the COVID-19 pandemic first fit, the World Bank...