The remittance to India from Bangladesh, the numbers don't add up.
If there are 500,000 Indian workers in Bangladesh and they are remitting $3416 Million in a year, thats around $7500 per person per annum remittance. If each Indian illegal labour is sending that kind of money back home, they must be making atleast $10,000 as opposed to $1050 per capita gdp of Bangladesh. Geez I wonder whats so special about these Indian labourers that they are being paid 10 times more than an average Bangladeshi
. So always do your math before trolling, you end up looking stupid otherwise.
It looks like a lot of Bangladeshi black money is coming to India in the name of "Remittance". Good for us.
And I don't believe in defending something you can't defend. Yes India economy has taken a hit thanks to the depreciating rupee, thanks to the Congress party, however all is not lost. Its too early to write India off, we ll be back and back with a bang.
Rupee has already started strengthening, it nearing 65 to a dollar and is expected to come down to 63 soon
Raghuram Rajan effect? Rupee may rise to 63/dollar, analysts say - NDTVProfit.com
Japan, India expand rupee swap line to $50 billion - NDTVProfit.com