Jairam Ramesh calls for faster, cheaper domestic remittances to boost state economies - News Summed Up

Jairam Ramesh calls for faster, cheaper domestic remittances to boost state economies


In a post on X, he said that while India's remittances from abroad get more policy attention than domestic remittances, this must change due to the volume of domestic remittances as well as their socio-economic profile. He cited estimates for Kerala, indicating that domestic remittances from the state may account for about one-third of the overseas remittances received by it. Unfortunately, these domestic remittances generate less headlines, create less enthusiasm, and do not get the policy attention that overseas remittances get. This must change, given both the volume of domestic remittances as well as their socio-economic profile. Domestic remittances are significantly helping the economies of the eastern states as well as some northern states like UP," the Congress leader said in his post.


Source: The Telegraph February 14, 2026 11:00 UTC



Loading...
Loading...
  

Loading...

                           
/* -------------------------- overlay advertisemnt -------------------------- */