Economic Implications of Outward Migration: Evidence from India

Abstract

Migration has been one of the dominant forms of human activity since time immemorial. The process has been escalated with the advent of globalization, and internalization of different sectors.

Outward Migration from developing to developed countries has been a prominent picture. Therefore, migration acts as a major channel of income-generation and poverty reduction in poor households.

India is major player in the international migration scenario; with huge surplus of skilled, semi-skilled, and highly skilled professionals with a net migration(immigration-emigration) of -2.7 million in 2020.

Most of the migrants are in the age-group of 20-64 which forms the working population

Highly skilled workers flock towards developed nations like USA, UK, Australia, while low and semi-skilled workers are in high demand in Gulf countries and Middle-East.