Bangladesh becomes 4th largest remittance source for India (official figure $10 billion)

[mb444]

The illigal hindutva turds needs to be immediately identified. They represent a clear and present threat to BD.

These dirty Indians are illigals and should not be here, if absolutely required their stay need to regularised and they need to pay tax.

 

[LASER1]

That's from 2010, OP posted news about 2017.

Nice try. But care to explain how remittance grow at 1000% in 8 years?
Did a Bangladesh boom happen? Like the gulf boom in 70's and 80's for a mass influx of Indians into BD.

Think before believing such superficial propaganda.

And let me tell you this, the remittance outflow from India is around 8billion USD into various countries. Now, how in the world Indians in Bangladesh sends about 10 billion USD to India? What am I missing?

 

[Suriya]

Dude don’t act childish. That was 2015 article and that time Bangladesh was 5th largest source. But now Bangladesh got the 4th spot in 2018.

put a credible news article or STFU .

The truth is this .

Why Bangladesh leads in remittance outflow from India

World Bank data show the neighbouring(Bangladesh) country cornered 54% of the $7.6 billion flow in 2014


https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

 

[Black_cats]

Nice try. But care to explain how remittance grow at 1000% in 8 years?
Did a Bangladesh boom happen? Like the gulf boom in 70's and 80's for a mass influx of Indians into BD.

Think before believing such superficial propaganda.

And let me tell you this, the remittance outflow from India is around 8billion USD into various countries. Now, how in the world Indians in Bangladesh sends about 10 billion USD to India? What am I missing?

You are missing the trend. Previously it was not identified properly but gradually it came under radar. This is figure from 2015 when Bangladesh was 5th largest remittance source.

https://futurestartup.com/2015/10/20/bangladesh-is-the-5th-largest-remittance-source-for-india/

put a credible news article or STFU .

The truth is this .

Why Bangladesh leads in remittance outflow from India

World Bank data show the neighbouring(Bangladesh) country cornered 54% of the $7.6 billion flow in 2014


https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

Go through previous posts we discussed already. It was for the projects, operations and salary for employees that Indian companies runs in Bangladesh. Illegal migrants can not remit money for your kind info.

 

[Suriya]

The illigal hindutva turds needs to be immediately identified. They represent a clear and present threat to BD.

These dirty Indians are illigals and should not be here, if absolutely required their stay need to regularised and they need to pay tax.

put a credible news article or STFU .

The truth is this .

Why Bangladesh leads in remittance outflow from India

World Bank data show the neighbouring(Bangladesh) country cornered 54% of the $7.6 billion flow in 2014

Yet, recent World Bank data (Bilateral Remittance Matrix, 2014) show, of the $7.6 billion of outward remittances from India, 54 per cent or $4.16 billion was to Bangladesh alone in that year. Almost every year, 50-55 per cent of India’s total outward remittances are to Bangladesh.

https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

 

[Species]

Nice try. But care to explain how remittance grow at 1000% in 8 years?
Did a Bangladesh boom happen? Like the gulf boom in 70's and 80's for a mass influx of Indians into BD.

Think before believing such superficial propaganda.

And let me tell you this, the remittance outflow from India is around 8billion USD into various countries. Now, how in the world Indians in Bangladesh sends about 10 billion USD to India? What am I missing?

Because earlier, RBI couldn't track all the remittance inflow to India.

 

[LASER1]

You are missing the trend. Previously it was not identified properly but gradually it came under radar. This is figure from 2015 when Bangladesh was 5th largest remittance source.

https://futurestartup.com/2015/10/20/bangladesh-is-the-5th-largest-remittance-source-for-india/

You think RBI is a lame duck who can't see where money comes and goes? Man, the report says it all. You are calling these silly arguments like, earlier it wasn't identified. Now it's seen everywhere.

As I said before, all these are World Bank data which had shown us that there is 4billion USD inflow from Pakistan, in reality, it's not even a quarter of a million according to Banks in Pakistan.

Your capital outflow (incl remittance) in 12 years is around 60 billion USD. Stop wasting my time taking bullshit sources.

 

[Suriya]

Go through previous posts we discussed already. It was for the projects, operations and salary for employees that Indian companies runs in Bangladesh. Illegal migrants can not remit money for your kind info.

LOL u mean to say indian companies got employees mostly in Bangladesh ?? Bizarre BDeshi logic .

Yet, recent World Bank data (Bilateral Remittance Matrix, 2014) show, of the $7.6 billion of outward remittances from India, 54 per cent or $4.16 billion was to Bangladesh alone in that year. Almost every year, 50-55 per cent of India’s total outward remittances are to Bangladesh.

A World Bank report, Remittance Market in India, 2012, by Gabi G Afram, refers to a 2008 study by an A Kumar. It had stated that estimates of irregular migration from Bangladesh to India range from five million to 20 million. Most of these migrants work as unskilled or semiskilled labourers and domestic servants. The report says India is an important destination country for migrants from Bangladesh, Nepal and Pakistan and Sri Lanka. Migration from Bangladesh, Nepal and Lanka is mainly of unskilled and semiskilled workers, the study says.

Why Bangladesh leads in remittance outflow from India


https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

 

[Species]

LOL u mean to say indian companies got employees mostly in Bangladesh ?? Bizarre BDeshi logic .





Why Bangladesh leads in remittance outflow from India


https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

These are just estimates man, nothing concrete.

 

[zip]

Because earlier, RBI couldn't track all the remittance inflow to India.

Who said it to you ? RBI ?

 

[Black_cats]

LOL u mean to say indian companies got employees mostly in Bangladesh ?? Bizarre BDeshi logic .





Why Bangladesh leads in remittance outflow from India


https://www.business-standard.com/a...ttance-outflow-from-india-116010601138_1.html

I am sharing the same news portal that you are posting. Grow up yourself before coming here for posting.

https://www.google.com/amp/s/wap.bu...ttance-outflow-from-india-116010601138_1.html

Business ties with Bangladesh



Over the past six-odd years, a number of Indian companies have started operations in Bangladesh.




Notably, the definition of outward remittance by the World Bank is wide, including those by workers, compensation of employees and migrants’ transfers. Thus, remuneration of Bangladeshi employees by Indian companies in Bangladesh is counted as remittance.




“In recent years, there have been a number of acquisitions by Indian companies in Bangladesh. This apart, there have been a number of joint ventures and alliances by Indian companies; many Indian companies have also opened subsidiaries in Bangladesh,” notes Ambarish Dasgupta, head of management consulting and eastern region at KPMG in India.

 

[Species]

This is the list of countries sending remittances to Bangladesh.
https://www.bb.org.bd/econdata/wagermidtl.php

 

[Bilal9]

The illigal hindutva turds needs to be immediately identified. They represent a clear and present threat to BD.

These dirty Indians are illigals and should not be here, if absolutely required their stay need to regularised and they need to pay tax.

US law says that you can only bring in a person from India given that you cannot find a citizen to do the same job.
Of course we know how Indians used that loophole. It's like a bad virus infestation of uneducated IT workers over here now, with people hardly knowing English even. Their saving grace is that they make good employees cause they usually take abuse lying down far better than anyone else. Far more preferable than to going back to India.

Conditions in India are so bad, that these idiots will find any excuse to get out of the country. Even Bangladesh is fair game as salary and work conditions are a bit better than India.

 

[Suriya]

I am sharing the same news portal that you are posting. Grow up yourself before coming here for posting.

https://www.google.com/amp/s/wap.bu...ttance-outflow-from-india-116010601138_1.html

STFU MR Lying BDeshi .

This is top four sources of remittance to India and BD doesn't get a place here . And this 2017 report .

At fourth place it is Kuwiat . And ur op is based on fake story . @waz

https://timesofindia.indiatimes.com...tination-of-migrants/articleshow/63903300.cms

 

[Black_cats]

You think RBI is a lame duck who can't see where money comes and goes? Man, the report says it all. You are calling these silly arguments like, earlier it wasn't identified. Now it's seen everywhere.

As I said before, all these are World Bank data which had shown us that there is 4billion USD inflow from Pakistan, in reality, it's not even a quarter of a million according to Banks in Pakistan.

Your capital outflow (incl remittance) in 12 years is around 60 billion USD. Stop wasting my time taking bullshit sources.

Dude India is not even in the remittance recipient country list of Bangladesh Bank. Does not mean no money comes from India or stopped India from quoting Bangladesh as largest outflow remittance reciepient country. Same goes with India as well. Through illegal means billions of dollar are going out of Bangladesh to India. This is interesting Reserve Bank of India acknowledges that Indian companies are depositing these money after proper declaration. This does not from illegal Indian employee remittance only but all the illegal import export business that they run in Bangladesh.