NRI is bigger than FDI.

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Building Blocks of the Indian Economy not yet transcribed

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Recorded12 Nov 2024

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Show notes

S2 E23 NRIs, Indians working abroad, have sent home a record $120 billion in remittances, much more than the amount foreigners invest in India through FDI, Foreign Direct Investment. In this week's episode of Building Blocks of the Indian Economy we try to figure out whether this surge in remittances is a good or bad sign for the Indian economy. History buffs, do check out the book The Licence Raj: An Economic Comedy of Errors https://www.amazon.in/dp/B0876M8HYV/ Email: [email protected]

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