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The Economic Times
The Economic Times
World
Ankita Sen

India's next billion dollars from abroad may depend on easier visas

India's remittance boom has powered through global crises, geopolitical tensions and economic slowdowns, helping make the country the world's largest recipient of money sent home by overseas citizens since 2008.

However, as the source of those remittances shifts from the Gulf to advanced economies, economists say the next phase of growth could increasingly depend on immigration policies in countries such as the US, Canada, the UK and Australia.

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