![Remittances: Sending money back home - podcast episode cover](http://ichef.bbci.co.uk/images/ic/3000x3000/p09r4c3q.jpg)
Episode description
Each year millions of Indians go abroad to study and work. A lot of them end up sending money back home, a transfer known as remittances.
The money is a crucial source of household income in low and middle-income countries, according to the World Bank. India is the only country to have received more than 100 billion dollars through this route - but it comes at a loss of its human capital. We speak to Indian expats and economists to explore the effect of remittances on the Indian economy.
Presenter/ producer: Devina Gupta
(Photo: Closeup view of a man counting Indian currency. Credit: Getty Images)