Remittance Needs and Opportunities in India

This report synthesises a national study on domestic migration and remittance flows, four migration corridor studies, and an analysis of the Indian payment system with respect to small money transfers. Their findings add knowledge about the needs of migrants and their relatives back home as well as about the advantages and disadvantages of different money transfer methods. This synthesis report offers conclusions and recommendations for improving and expanding the existing formal remittance channels, for designing innovative financial linkages, and for developing new delivery models offering remittances services in rural and remote areas to low-income clients. [NABARD].