December 27th, 2008 - 8:56 pm ICT by ANI -
By Karan Kapoor
Ludhiana, Dec.27 (ANI): Living thousands of miles away from their homeland, a large number of non-resident Indians (NRIs) have never lost their fondness for India. They have always wanted to invest in India.
According to a World Bank report, nearly six million Indians working abroad sent home 30 billion dollars during 2008 making India, the top receiver of migrant remittances.
For instance, almost each family in the Giljian Village near Jalandhar today boasts of having at least one member living in abroad. The village has 300 houses.
But the impact of the slump in the U.S. economy has started to show in this village with almost zero NRI visits and a sharp fall in the remittances, especially in Punjab.
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