India Received Largest Foreign Inward Remittances In FY 2021-22

India Received Largest Foreign Inward Remittances In FY 2021-22

NEW DELHI, Feb 8 (NNN-PTI) – The Indian government, yesterday said, it had received the highest ever foreign inward remittances in the fiscal year 2021-22.

The information was given by Finance Minister, Pankaj Chaudhary, at the upper house of the Indian parliament.

“During 2021-22, India received foreign inward remittances of 89,127 million U.S. dollars, which was the highest ever inward remittances received in a single year,” Chaudhary, in a written statement, said.

According to Chaudhary, during FY 2020-21, it received 80,185 million dollars of foreign inward remittances, with 23.4 percent of it contributed by the United States, followed by the United Arab Emirates, which contributed 18 percent.– NNN-PTI  

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