Annual remittances in Goa amount to Rs 700-crore: Study
The coastal state of Goa recieves Rs 700-crores annually in the form of remittances, which attributes to 6.3 percent of the State Domestic Product (SDP), a study has revealed.
By PTI |
PANAJI: The coastal state of Goa recieves Rs 700-crores annually in the form of remittances, which attributes to 6.3 percent of the State Domestic Product (SDP), a study has revealed.
"Remittances (from emigrants) to Goa estimated at Rs 700 crores have a significant effect on the state's economy. They are equivalent to 6.3 per cent of SDP or 33 per cent of the revenue receipt or 6 per cent of the government expenditure of Goa," a study by Kerala-based Centre for Developmental Studies, said.
Goa has 56 per cent of its emigrants living in the Gulf region, 13 per cent in Europe, 11 per cent in South and South East Asia and 10 per cent are in North America, the study coducted on behalf of Goa's department of Non Resident Indian Affairs said.
It also states that seven per cent of Goans emigrants are working aboard ships, which is unique to this tiny state.
"In Goa, 12 per cent households had an emigrant currently living abroad and another four per cent households had a return emigrant who was abroad," the survey titled 'Goa Migration Survey' which was conducted amongst 6000 households in 2008, said.
Interestingly, the coastal taluka of Salcette accounts for 50 per cent of emigrants' households while of the total emigrants, 74 percent are Christians.
"Remittances (from emigrants) to Goa estimated at Rs 700 crores have a significant effect on the state's economy. They are equivalent to 6.3 per cent of SDP or 33 per cent of the revenue receipt or 6 per cent of the government expenditure of Goa," a study by Kerala-based Centre for Developmental Studies, said.
Goa has 56 per cent of its emigrants living in the Gulf region, 13 per cent in Europe, 11 per cent in South and South East Asia and 10 per cent are in North America, the study coducted on behalf of Goa's department of Non Resident Indian Affairs said.
It also states that seven per cent of Goans emigrants are working aboard ships, which is unique to this tiny state.
"In Goa, 12 per cent households had an emigrant currently living abroad and another four per cent households had a return emigrant who was abroad," the survey titled 'Goa Migration Survey' which was conducted amongst 6000 households in 2008, said.
Interestingly, the coastal taluka of Salcette accounts for 50 per cent of emigrants' households while of the total emigrants, 74 percent are Christians.
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