Description: D:\Websites\gcc-nri\cp.jpg

Home | NRI Book | Contact Us

Book: NRI Remittances from GCC published on 27th Oct. 2012 in Dubai.

ISBN: 978-9948-16-718-1

Price: AED 770


GCC (Gulf Cooperation Council) region, which includes Saudi Arabia, Kuwait, Bahrain, Oman, United Arab Emirates and Qatar is home to large number of Non Resident Indians. Many Indian families came to this region over 100 years ago and became part of the local culture and business. It is estimated that over 6 million NRIs are currently staying in these six countries.



This site initially aims to collect data and conduct research in understanding the state of Indian Diaspora. We are starting with a brief survey on NRI Remittances for GCC- NRIs.



When NRIs send money home, its considered as Remittance. We are currently focusing on individual remittances. Remittances depend on the earnings and savings of the person. Which means its linked to the salary of the person (Household income if both husband and wife are working). Majority of the population in the region comes under the category of "Labor" working on salary below SR / AED 1,000 per month. NRIs in higher positions do earn salaries above USD 12,000 pm or AED 40,000 pm in many cases, though the percentage is low.

Living expenses have gone up substantially in last few years.  Another loss to Indian expatriates is the strengthening of the Indian Rupee vis a vis USD. Since local currencies in GCC are linked to USD, remittances in rupee terms go down, even if same amount in local currency is remitted.

Contribution of NRIs to Indian Economy

The NRI remittances have helped a lot in shaping or supporting Indian economy. Kerala is an excellent example. In the last 20 years, over INR 130,000 Cr. are estimated to be remitted to Kerala. The irony of the story is, most of this money is spent on consumption.

NRI remittances are continuous and are not dependent on the exchange rate, deposit rates etc. Most of the NRIs have to send the money to their dependents in India and there is no other choice.


We are conducting research on this subject and would appreciate your valuable inputs. We request you to fill in the questionnaire click here . Any suggestions in this subject are most welcome

Copyright 2007 Sandeep Kadwe




All content on this website is copyright to Dr. Sandeep Kadwe 2010. Anyone copying it or using the contents for writing in any media globally shall obtain prior permission from Dr. Kadwe. All expressions, opinions, thoughts are his personal, unless and otherwise specifically mentioned and quoted and are not meant to harm anyone in any manner. The owner of this site does not guarantee accuracy of the content and data presented here and the sources are mentioned wherever possible.