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INTERNATIONAL JOURNAL OF SCIENTIFIC DEVELOPMENT AND RESEARCH International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2455-2631 | Impact factor: 8.15 | ESTD Year: 2016 open access , Peer-reviewed, and Refereed Journals, Impact factor 8.15 |
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| Paper Title: | Importance of Remittances in Indian Economy: An Assessment |
| Authors Name: | Ram Avatar Singh |
| Unique Id: | IJSDR2010033 |
| Published In: | Volume 5 Issue 10, October-2020 |
| Abstract: | The importance of remittances has been analysed in this paper. Remittances can play a very important role in shaping an economy specially for underdeveloped and developing nations. In Indian context, over the years it has became a very important element in India's BoP. It plays more significant role in the economy of some states like Kerala, Maharashtra and Karnataka. India is the largest receiver of remittances for past few years. It plays a duel role in any economy, on one side it boost the internal economy of nation by increasing household disposable income and so the demand and on the other hand it improves the external sector of the nation's economy. |
| Keywords: | Remittances, Underdeveloped and Developing Nations, Balance of Payments(BoP), Disposable income. |
| Cite Article: | "Importance of Remittances in Indian Economy: An Assessment", International Journal of Science & Engineering Development Research (www.ijsdr.org), ISSN:2455-2631, Vol.5, Issue 10, page no.251 - 254, October-2020, Available :http://www.ijsdr.org/papers/IJSDR2010033.pdf |
| Downloads: | 000337214 |
| Publication Details: | Published Paper ID: IJSDR2010033 Registration ID:192625 Published In: Volume 5 Issue 10, October-2020 DOI (Digital Object Identifier): Page No: 251 - 254 Publisher: IJSDR | www.ijsdr.org ISSN Number: 2455-2631 |
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