The amount of remittances came to 80 percent of the previous level of corona

Mumbai, Ta. 30 September 2020, Wednesday

The level of remittances within the country has returned to 40 per cent of the previous level of Coro, according to the data. It can be said from this that the shortage of workers in the industries which was seen during the lockdown is easing.

Workers in cities and industrial establishments send home a small portion of their income for employment. This amount is sent through banks or money transfer companies. In April and May of the current year, the amount of remittances within the country was reduced by 30 per cent. This reduction was seen as a result of the disruption caused by the corona.

Remittances from urban areas to rural areas of the country in September saw 40 per cent of the pre-pandemic level, a spokesperson for a financial services company said. Those who fled their homeland in the lockdown imposed by the Corona are returning to the cities, according to increased volumes of remittances.