India received over $111 billion in remittances in 2022, setting a world record as the first nation to surpass the $100 billion threshold, a United Nations report said. The 2024 World Migration Report that was launched by the International Organisation for Migration on Tuesday revealed that India was the top recipient of remittances in 2022, with Mexico, China, the Philippines and France rounding out the top five. NDTV explains the record-breaking report and more.
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