phani41 Posted July 7, 2015 Report Posted July 7, 2015 LOL - Central Govt. kanna yekkuva money NRIs nunchi vasthundanta States ki (But that's all personal money not for public sector.) NRIs are believed to be the most affluent community in most countries. India is not far behind. NRI remittances contribute to the economic growth of any country, especially in an emerging economy like ours. The state of Andhra Pradesh receives the highest amount of money through NRI remittances (Source: HBL). Have you ever wondered what would happen to the economy of AP without NRI remittances? Did you know that NRI remittances touched $24.1 billion in 2005-06? India is in fact the country that receives the largest personal money transfer in the world! And Andhra Pradesh receives the highest amount of money remitted by NRIs. Indian NRIs remit funds to India for a number of reasons including family maintenance expenses, gifting and even charity. The level of remittance is so high that it has turned out to be higher than what the state received from the centre sometimes. So if the remittances had to drop, it would affect the state’s domestic scene greatly. Andhra Pradesh has constantly excelled in business projects and is well recognized as an IT city. So a drop in remittances to Andhra Pradesh would adversely affect investments in the IT sector as well. RBI recommendations on remittances: Banks have been advised to reduce remittance costs. Impetus for awareness programs so NRIs use Indian banks instead of foreign banks for remittances. Public sector banks have been advised to set up centralized remittance receiving centers for increased convenience Today, NRIs have more options for money transfer and with the diminishing role of unofficial channels like hawalas to remit money, there seems to be little reason why NRIs would want to stop remitting money to their home state. But even if they do, it will surely impact the economic equilibrium of the state.
phani41 Posted July 7, 2015 Author Report Posted July 7, 2015 andra lone nri money ekkuva antava? Almost every house has an NRI nowadays. AP people are rich but state is poor. AP is the home of the richest god (Tirupati) in the country, but AP is poor.
porsche911 Posted July 7, 2015 Report Posted July 7, 2015 NRIs valla India ki em upayogam aney vallaki ... kick ass answer idi
alpachinao Posted July 7, 2015 Report Posted July 7, 2015 LOL - Central Govt. kanna yekkuva money NRIs nunchi vasthundanta States ki (But that's all personal money not for public sector.) NRIs are believed to be the most affluent community in most countries. India is not far behind. NRI remittances contribute to the economic growth of any country, especially in an emerging economy like ours. The state of Andhra Pradesh receives the highest amount of money through NRI remittances (Source: HBL). Have you ever wondered what would happen to the economy of AP without NRI remittances? Did you know that NRI remittances touched $24.1 billion in 2005-06? India is in fact the country that receives the largest personal money transfer in the world! And Andhra Pradesh receives the highest amount of money remitted by NRIs. Indian NRIs remit funds to India for a number of reasons including family maintenance expenses, gifting and even charity. The level of remittance is so high that it has turned out to be higher than what the state received from the centre sometimes. So if the remittances had to drop, it would affect the state’s domestic scene greatly. Andhra Pradesh has constantly excelled in business projects and is well recognized as an IT city. So a drop in remittances to Andhra Pradesh would adversely affect investments in the IT sector as well. RBI recommendations on remittances: Banks have been advised to reduce remittance costs. Impetus for awareness programs so NRIs use Indian banks instead of foreign banks for remittances. Public sector banks have been advised to set up centralized remittance receiving centers for increased convenience Today, NRIs have more options for money transfer and with the diminishing role of unofficial channels like hawalas to remit money, there seems to be little reason why NRIs would want to stop remitting money to their home state. But even if they do, it will surely impact the economic equilibrium of the state. typo?
alpachinao Posted July 7, 2015 Report Posted July 7, 2015 NRIs valla India ki em upayogam aney vallaki ... kick ass answer idi :3D_Smiles:
sampangi Posted July 7, 2015 Report Posted July 7, 2015 LOL - Central Govt. kanna yekkuva money NRIs nunchi vasthundanta States ki (But that's all personal money not for public sector.) NRIs are believed to be the most affluent community in most countries. India is not far behind. NRI remittances contribute to the economic growth of any country, especially in an emerging economy like ours. The state of Andhra Pradesh receives the highest amount of money through NRI remittances (Source: HBL). Have you ever wondered what would happen to the economy of AP without NRI remittances? Did you know that NRI remittances touched $24.1 billion in 2005-06? India is in fact the country that receives the largest personal money transfer in the world! And Andhra Pradesh receives the highest amount of money remitted by NRIs. Indian NRIs remit funds to India for a number of reasons including family maintenance expenses, gifting and even charity. The level of remittance is so high that it has turned out to be higher than what the state received from the centre sometimes. So if the remittances had to drop, it would affect the state’s domestic scene greatly. Andhra Pradesh has constantly excelled in business projects and is well recognized as an IT city. So a drop in remittances to Andhra Pradesh would adversely affect investments in the IT sector as well. RBI recommendations on remittances: Banks have been advised to reduce remittance costs. Impetus for awareness programs so NRIs use Indian banks instead of foreign banks for remittances. Public sector banks have been advised to set up centralized remittance receiving centers for increased convenience Today, NRIs have more options for money transfer and with the diminishing role of unofficial channels like hawalas to remit money, there seems to be little reason why NRIs would want to stop remitting money to their home state. But even if they do, it will surely impact the economic equilibrium of the state.
vasu123 Posted July 7, 2015 Report Posted July 7, 2015 Anduke kada Telugu states lo anni scams and antha mandi politicians dhochukunna kooda inka bihar laga kavatledu, because Lot of telugus here in usa in IT. Akkademo public sommu dochukuntune unnaru, akkada opportunities levani ikkadikochi inni kashtalu padi ila india ki money send. Endo idi mana illantha evado nashanam chestunte, manam emo inko illu kattukuntam kashtapadi annattu undi.
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