India topped the list in the world receiving USD 89 billion in remittance followed by Mexico at USD 54 billion, and China at USD 53 billion last year. The officially recorded remittance flows to low- and middle-income countries (LMICs) are expected to increase by 4.2 percent this year to reach USD 630 billion.
The Supreme Court formed a high-level committee, headed by retired Bombay High Court Judge Pradeep Nandrajog, for recovery of money from the defaulters against whom the National Spot Exchange (NSEL) has secured money decrees.
EXAMIANS