Bangladeshis in India sent back $6.6 billion last year, 6% of their homeland’s GDP

Bangladesh receives nearly half of its total remittances from India.

Migrant workers from the impoverished South Asian country sent home $14 billion last year, according to the World Bank. Bangladeshi workers in India transferred more than $6.6 billion to their home country, making them the biggest source of remittances to Bangladesh. This is more than four times the money being sent from Saudi Arabia, the second-highest contributor.

India is a preferred destination among Bangladeshi migrants because of the low cost of migration. “Migrants can avoid securing a plethora of documents including issuance of passports if they migrate to India,” says a study published by the

While there aren’t recent data available on the total number of Bangladeshis staying in India, we do know that nearly 500,000 visas were issued in 2012-13.

Illegal immigration has become a hot-button issue in India. Prime minister Narendra Modi reiterated his strong stance against illegal immigrants during his elections rallies this year.

“They must go back, they are robbing the youths of India of their livelihood,” Modi said in a rally in West Bengal, the Indian state that neighbours Bangladesh.

It is not entirely a one-way traffic, though. Indians working in Bangladesh sent $3.7 million home in 2012. This makes the eastern neighbour the fifth highest contributor of remittance inflows.

India is also at the top of the remittances league and non resident Indians sent $70 billion home last year. The UAE is the largest source of remittances coming to India.

Source : Quartz

Comments

The concept of 33 koti devata in Hinduism!

The concept of 33 koti devata in Hinduism: The Vedas refer to not 33 crore Devatas but 33 types (Koti in Sanskrit) of Devatas. They are explained in Shatpath Brahman and many other scriptures very clearly. "Yasya Trayastrinshad Devaa Ange Sarve Samaahitaa, Skamma Tam Bruhi Katamah Swideva Sah”. ~(Atharva Veda 10-7-13) Which means: with God’s influence, these thirty-three (supporting devta) sustain the world. In Brhadaranyaka Upanishad while discussing Brahman, Yajnavalkya is asked how many gods are there. He says that there are three hundred and three and three thousand and three gods. When the question is repeated? He says, thirty three. When the question is again repeated he says, six. Finally, after several repetitions he says ONE. (Chapter I, hymn 9, verse 1) The number 33 comes from the number of Vedic gods explained by Yajnavalkya in Brhadaranyaka Upanishad – the eight Vasus, the eleven Rudras, the twelve Adityas, Indra and Prajapati. (Chapter I, hymn 9, verse 2

Maharana Pratap : Valour and Unbreakable determination personified

Maharana Pratap ( Source of image: rajputras.blogspot.in ) Contents Introduction of Maharana Pratap Childhood of Maharana Pratap Maharana Pratap's Coronation Unbreakable oath to free 'Motherland' by Maharana Pratap Battle of Haldiighat: Supreme fighter 'Maharana Pratap.' Severe destiny of Maharana Pratap Devotion of Bhamashah towards Maharana Pratap Last Wish of Maharana Pratap Introduction of Maharana Pratap Maharana Pratap is a name worth remembering to begin one’s day with. His name is engraved with gold among the list of valiant kings who protected the Nation, Dharma, Culture and Freedom of this country by sacrificing his life! This is a holy remembrance of his valor! Who does not know the name of the great king of Mewar, Maharana Pratap Singh? In the history of India, this name has always proved to be motivating for qualities like valor, bravery, sacrifice and martyrdom. Many brave warriors like Bappa Rawal, Rana Hamir, Ra

5 Ways How Modi Enhances Women Entrepreneurship in Gujarat

Bangalore: Nurtured with evergreen simplicity, the women of Gujarat have flourished with decades of hard work and dedication. Lijjat Papad (a handmade thin, crisp circular shaped Indian food, served as an accompaniment in Indian meals) is a unique example of which a small group of women have given their time to make a worthy organization of trust and productivity. Narendra Modi the Chief Minister of Gujarat recently spoke at the Federation of Indian Chambers of Commerce and Industry (FICCI), citing examples of entrepreneurial roles played by women. In his talk, he has expressed deep appreciation for the great wonders women have made since years together. Let us take a look at power of entrepreneurship according to Modi that has existed in the History of Gujarat as listed out by Economic Times. #5 Handicrafts The state of Gujarat is blessed with rich traditional handicrafts. Right from needle works to tie and dye (Bandhini), Gujarat celebrates a wide variety of famous handicr

HINDU Terminal...!

Search This Blog