WORKERS’ REMITTANCES CROSS $100 BILLION IN FY26
Why in the News? ● Record Milestone: Workers’ remittances to India crossed $100 billion for the first time, reaching $110.47 billion in FY26. ● BoP Support: Strong remittance inflows helped India record a Balance of Payments (BoP) surplus of $7.22 billion in Q4 FY26 despite weak FDI and FPI inflows. ● Growth Trend: Remittances increased…
