GS Advance Program for UPSC Mains 2025, Cohort - 1 Starts from 24th October 2024 Click Here for more information
Why in News?
International Migration report 2020 has been released by the Population Division of the United Nations Department of Economic and Social Affairs (UNDESA).
Aim: To provide the estimates of the number of international migrants according to country, age and sex for all regions of the world.
Key findings for India:
- Indian diaspora is 18 million strong. It is the largest transnational population in the world.
- Destinations: The United Arab Emirates, the US and Saudi Arabia host the largest numbers of migrants from India.
- Reasons for migration: Migration from India is largely motivated by labor and family reasons. Forced displacement smaller, about 106 in the total.
- Growth in Migration: Between 2000 and 2020, India experienced the largest gain of nearly 10 million.
- Remittances in India: India is the main recipient of remittances worldwide. In 2019, it received USD 83 billion in remittances. The World Bank projects that in 2020, the amount will decline by around 9% to about USD 76 billion.
Other Key Takeaways from the report:
- Migrants: Currently, International Migrants represent about 3.6% of the world’s population.
- The US is the largest receiving country of international migrants, followed by Germany, Saudi Arabia, Russia and the UK.
- Impact of Covid-19: Covid-19 pandemic may have slowed the growth in international migrants by around two million by mid-2020.
- Remittances: Volume of remittances sent to low-and middle-income countries is projected to reduce by 14% in 2021.