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Despite crisis, remittances to India at record high


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Police Officer
And
by Police Officer on Nov 09, 2010 05:31 PM  | Hide replies

NRIs remittance == $325 billion
FDI == $35 billion

In India's dummy democracy, Govt gives red carpet to FDI and harasses NRIs starting from airport via customs dept.


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E darwin
Re: And
by E darwin on Nov 11, 2010 09:10 AM
Agreed, end FDI in sectors such as stock market gambling, insurance, retail, etc.

Allow FDI in defense, high-tech, etc.

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swetha p
Re: And
by swetha p on Nov 09, 2010 08:49 PM
wrong..325 billion for all the developing countries included..my guess is India's share will be around 40 billion

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Sacobra S
Re: Re: And
by Sacobra S on Nov 10, 2010 08:35 AM
It's 55 billion USD to be exact.

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tamil
Re: And
by tamil on Nov 10, 2010 07:23 AM
as the below comment says..it is total remittance to all developing countries...
if there is FDI, country gets employment and latest technology's..but by remittance India cost of living increase and India loose the low cost benefit..i wish govt makes rule that remittance is allowed only in industrial investment and not on lands or other stuff which makes real indian life miserable...

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surya das
Re: Re: And
by surya das on Nov 14, 2010 05:49 PM
And, out of $55bil, my contribution was just 30 lakhs in 2009. ;)

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