A non-resident Indian (NRI) is like the fragrance of the famous Indian biryani wafting across the globe, making an impact far from home. They contribute to India in significant ways, and their influence is profound. Here’s how:
- Economic Contribution: NRIs contribute significantly through remittances. In 2021, they sent back home around $83 billion. That’s nearly as much as the entire GDP of Sri Lanka!
- Investments: They play a critical role in India’s economic growth by investing in property, stocks, and businesses. This not only brings in valuable foreign exchange but also aids in wealth creation and job creation.
- Influence on Foreign Policies: Like the flavour of the biryani subtly changing the culinary landscape abroad, NRIs, through their professional success and diaspora diplomacy, shape perceptions about India, indirectly influencing foreign policies. Their lobbying efforts have often resulted in favourable outcomes for India.
To sum up, just like the warmth and aroma of biryani, the influence and contribution of NRIs to India is substantial and far-reaching.
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