Migration is a response to the uneven distribution of opportunities over space. People tend to move from a place of low opportunity and low safety to the place of higher opportunity and better safety. This has both positive and negative effects.
The economic consequence of migration in India are:
a) The biggest plus point is the remittances sent from abroad to the home country. It is one of the major sources of foreign exchange.
b) In 2002, India received the US $ 11 billion as remittances from international migrants.
c) The maximum amount is received by Punjab, Kerala and Tamil Nadu.
d) The amount of remittances sent by the internal migrants is low as compared to international migrants.
e) Internal Migrants also play an important role in the growth of the economy.
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