​Indian Diaspora: Contribution to India’s Development

The Indian diaspora plays a significant role in India's development across various sectors. The Indian diaspora's contributions to India's development are multifaceted, encompassing economic investments, technological advancements, academic collaborations, cultural promotion, political advocacy, and philanthropic efforts.

Role of the Diaspora in India’s Development

  • Remittances: In 2023, India received approximately $125 billion in remittances, making it the largest recipient globally. These funds contribute to household incomes and stimulate economic activities in rural and urban areas.
  • Investment: The diaspora has been actively investing in India’s economy. For instance, initiatives like the Pravasi Bharatiya Divas encourage NRIs to invest in Indian startups and infrastructure ....
Do You Want to Read More?
Subscribe Now
To get access to detailed content

Already a Member? Login here

Take Annual Subscription and get the following Advantage
The annual members of the Civil Services Chronicle can read the monthly content of the magazine as well as the Chronicle magazine archives.
Readers can study all the material since 2018 of the Civil Services Chronicle monthly issue in the form of Chronicle magazine archives.
Be an Annual Subscriber

International Relations