$1 = Rs 75 and 3,000,000 Indians in USA

[Yaseen1]

other communities either have less population as compared to indians or they invest in their own countries like china and not continue to do job in u.s like indians do so they seem earning less salary but instead they are earning more by making investments outside u.s like chinese have done

Again you gernatize whole indian Americans comunity
In one
But every data and statistical analysis
Depicts Indian anerican community richest

In percapita index ,HDI,And literacy
Than every other community living usa including Chinese, Japanese, Koreans,Middle East,Hispanic

Even Caucasians
https://en.m.wikipedia.org/wiki/List_of_ethnic_groups_in_the_United_States_by_household_income

 

[- Singh Saab -]

I think Investments in India this year might actually be higher than last year, which is very surprising because Indian economy is expected to contract due to Corona. I think Ambani alone attracted about $25 Billion in FDI in last 3 months, mostly in his Jio business

 

[Secularindian]

other communities either have less population as compared to indians or they invest in their own countries like china and not continue to do job in u.s like indians do so they seem earning less salary but instead they are earning more by making investments outside u.s like chinese have done

Please put forward source of this
Without Statistical data
Your claims invalid

Also compare Graduation rate amoung Indian americans and other ethnic group

 

[- Singh Saab -]

https://en.wikipedia.org/wiki/Remittances_from_the_United_States#cite_note-:0-2

 

[letsrock]

Don't Indians in America send a lot of remittances? Btw what correlation does your first statement (on currency depreciation) has to second statement (Contribution of Indian-Americans to Indian economy)?

Not that much - initially yes maybe. But later on they tend to buy houses and property in usa.

 

[- Singh Saab -]

Not that much - initially yes maybe. But later on they tend to buy houses and property in usa.

Ya but even after buying property in US, they would still send remittances to India right?

 

[letsrock]

Ya but even after buying property in US, they would still send remittances to India right?

Less than gulf despite earning a lot more.

 

[- Singh Saab -]

Less than gulf despite earning a lot more.

But remittances from US are second highest after UAE?

 

[Yaseen1]

remittance if send as a result of profits earned from investments or royalty as well as intellectual property are healthy indicator for country like in case of china but when they are based merely on salary earned from doing jobs they cannot increase beyond certain limit as in case of india

But remittances from US are second highest after UAE?

 

[PakSword]

In 2011 it was $1 = Rs 46 now $1 = 75. Those 3 million job takers Indians in USA are of no help to Indian economy. Whatever said by those MBAs and CAs has been a scam.

I spend many hours on the internet. Americans, Singapore people etc.. say Indians are nuisance in other countries.

I requested you yesterday to not open threads based on one liner opinions. If it's your opinion, please back it up with sources so that your thread doesn't look like a flame bait. Please take a note for future.