IndiaMike.com » Community Forums » Chai and Chat » Indians abroad send $27 Bn home to make India top receiver
Chai and Chat - May we talk here? Talk about anything about India with other Members of the forum. Formerly the Yak Yak Yak forum.

Indians abroad send $27 Bn home to make India top receiver


Reply
Page 2 of 2 < 1 2
 
Thread Tools Display Modes
Old Mar 26th, 2008, 13:42   #16
Forum Leader
 
puchoo's Avatar
 
Join Date: Nov 2006
Location: New Delhi & Himachal Pradesh (Shimla)
Posts: 4,142
Agreed...thanks ISN and Munivar for the knowledge download on this...but would this figure then indicate that we are moving towards a remittance economy??...or is it too small a figure to really hint that as of now..?

Quote:
Originally Posted by ISN View Post
When compared to the contributions made by Indian American to the American economy $27 Billion is just a fraction. INDIAN-AMERICANS: VITAL STATISTICS - 2007
__________________
Cheers!
Sidharth

Indiamike Mod team............the new kid on the block!

puchoo.wordpress.com
puchoo is offline   Reply With Quote
Old Mar 26th, 2008, 23:01   #17
ISN
Maha Guru Member
 
Join Date: Jul 2006
Location: Minnesota, USA / Chennai, India
Posts: 515
Quote:
Originally Posted by puchoo View Post
Agreed...thanks ISN and Munivar for the knowledge download on this...but would this figure then indicate that we are moving towards a remittance economy??...or is it too small a figure to really hint that as of now..?
No, a country like India can exploit this to its advantage because we have enough human capital, when Indian youth shy away from education then we will have a problem, I don’t see that happening now but that might change in 50 years.
__________________
-----------------------------------------------------
Indian Students Network http://www.IndianStudentsNetwork.com
ISN is offline   Reply With Quote
Old Mar 26th, 2008, 23:13   #18
ISN
Maha Guru Member
 
Join Date: Jul 2006
Location: Minnesota, USA / Chennai, India
Posts: 515
Quote:
Originally Posted by Munivar View Post
Indian companies should focus on developing and profiting off domestic market...this would employ more Indians in a way that prevents runaway iniquity unlike a situation where a few rich earning in dollars.
That will only happen if the investors feel that they will get good return on their investment, by judging the current situation investors are investing in India but India still lagging behind China when it comes to FDI.

Quote:
Originally Posted by Munivar View Post
The Rupee has to be strengthened...only then can the poor survive.
Everyone has to do their part to move forward if someone is at the bottom then they must work more hard to move forward if they depend on the government for help then they will have to wait for their turn and India has a billion plus people.
ISN is offline   Reply With Quote
Reply
Page 2 of 2 < 1 2


« Previous Thread | Next Thread »

Thread Tools
Display Modes
Linear Mode Linear Mode

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Indians make good husbands....What do you think folks? ladyvetphd Chai and Chat 1 Oct 27th, 2006 19:15
Indians returning from abroad rohan5577 Chai and Chat 20 Jun 3rd, 2005 04:07
indians at home and abroad maverick Chai and Chat 1 Jul 23rd, 2004 12:27


About IndiaMike.com - Forum Rules - Terms of Use - Contact Us - FAQ - Sitemap - Privacy Statement - Top

Powered by vBulletin® Version 3.6.5
Copyright ©2000 - 2008, Jelsoft Enterprises Ltd. LinkBacks Enabled by vBSEO 3.1.0
indiamike.com ©2001-2008

Syndicate this content on your website with rss or javascript data feeds.