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‘Larger centres more impacted that smaller centres’ Domestic remittances have fallen by about 20 per cent in the second wave of the Covid-19 pandemic, that has once again led to State level lockdowns and rising unemployment. Industry data reveals that these remittances, which are largely by migrant workers to their families, have fallen across the country though not as sharply as last year during the national lockdown. “There is a drop in urban remittances, primarily because of the lockdowns. Work is stalled at many places due to which wages are stalled as well. There are also reports of workers returning to their villages,” said Abhinav Sinha, co-founder, Eko India.

Abhinav sinhaAnand kumar bajajCentre for monitoring indian economySpice moneyManaging directorMonitoring indian economyஆனந்த் குமார் பஜாஜ்மையம் க்கு கண்காணிப்பு இந்தியன் பொருளாதாரம்மசாலா பணம்நிர்வகித்தல் இயக்குனர்கண்காணிப்பு இந்தியன் பொருளாதாரம்