* India may be top recipient of remittances in 2012: World Bank

Loyalty to one’s family has always been a strong trait of Indians

 and Chinese. And nothing demonstrates this stronger than money!

Economic Times: “India is expected to be the top recipient of remittances from its Diaspora in 2012, according to a World Bank report.

The country is set to receive about $70 billion by the end of the year, with China coming second with remittances of $66 billion, according to the study. Philippines and Mexico, with $24 billion each, and Nigeria with $21 billion follow India and China on the list. The other large recipients include Egypt, Pakistan, Bangladesh, Vietnam, and Lebanon.”

via India may be top recipient of remittances in 2012: World Bank – Economic Times.

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