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Q.
Will India's diaspora policy shifts affect remittance flows?
21 sec read
What happened
India receives a substantial share of global remittances from its overseas diaspora, particularly from workers in the Gulf and skilled professionals in North America and Europe. Policy changes affecting visa rules or the ease of sending money home in destination countries can influence how much and how quickly remittances flow back to India.
What the evidence says
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India has consistently ranked among the top recipients of global remittances for many years.
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Visa policy changes in destination countries have historically affected the size and composition of the Indian diaspora working abroad.
What's unclear
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The extent to which any single policy change meaningfully shifts aggregate remittance flows is difficult to isolate from other economic factors.
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