India, May 1 -- As global labour shortages intensify, a policy reset could transform this demographic strength into a global competitive edge, if India can shift from fragmented migration to a structured, ethical, and strategic talent export framework
The Reserve Bank of India's recent bulletin reaffirms India's position as the world's top recipient of remittances, receiving a record $129.1 billion in 2024, amounting to 3.4 per cent of the national GDP and 14.3 per cent of global inflows. These remittances now rival nearly 30 per cent of India's merchandise exports, positioning India's migrant workforce as a critical economic asset to families back home and the nation's macroeconomic stability. This record inflow is not merely a number, ...
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