Monday, December 23, 2024

Diaspora’s foreign remittances have crossed $100 Bn, says PM Modi

“I urge you (Indian community) to come forward to invest in India with full excitement. India is working to be one of the developed countries in next 25 years. You all should explore opportunities in whichever sector you are working. Every international agency is claiming that India is growing rapidly and it is a bright spot. Investment opportunities are growing in India.”

— Narendra Modi, Indian Prime Minister

“India is the first nation whose diaspora’s foreign remittances have crossed $100 billion,” claimed PM Modi while addressing the Indian community in Paris on July 13, reported republicworld.com.

“I urge you (Indian community) to come forward to invest in India with full excitement. India is working to be one of the developed countries in next 25 years. You all should explore opportunities in whichever sector you are working. Every international agency is claiming that India is growing rapidly and it is a bright spot. Investment opportunities are growing in India,” said the Prime Minister.

“Indian government is committed in providing facilities and security to all Indians residing in foreign countries. Be it Ukraine, Sudan, Yemen or Nepal, Indian government has been providing security to Indian diaspora everywhere. Indian settled abroad are equally important to us like the citizens of India,” the Prime Minister also said while addressing the Indian diaspora in Paris.

“We Indians create a little India wherever we go. I have visited France several times but this time my visit is special. Tomorrow (July 14) I will attend the National Day parade with my friend Emmanuel Macron.”

“This is a reflection of the unbreakable friendship between India and France. It commemorates India – France 25 years of strategic relationship,” said PM Modi at the La Seine Musical in Paris.”

In 2018, there were 6.5 million immigrants living in France — 9.7% of the total population (of 67 million). 4.1 million were foreign nationals and 2.4 million, or 37%, had acquired French citizenship.

According to reports, in 2018, 13% of immigrants in France were born in Algeria; 11.9% in Morocco; 9.2% in Portugal; 4.4% in Tunisia; 4.3% in Italy; 3.8% in Turkey; and 3.7% in Spain. Half of France’s immigrants (50.3%) come from these seven countries. In 2018 52% of immigrants to France were women (provisional figures from advanced population estimates).

“We Indians create a little India wherever we go. I have visited France several times but this time my visit is special. Tomorrow (July 14) I will attend the National Day parade with my friend Emmanuel Macron. This is a reflection of the unbreakable friendship between India and France. It commemorates India – France 25 years of strategic relationship,” said PM Modi at the La Seine Musical in Paris.

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