Jairam Ramesh is a senior Congress leader

GK and monthly revision
Time, cost of domestic remittances must reduce: Jairam Ramesh
The Congress leader Jairam Ramesh highlighted that while India's remittances from abroad receive more policy attention, domestic remittances are also significant in volume and socio-economic profile. This suggests the need to focus on reducing the time and cost of domestic remittances, which is crucial information for competitive exam preparation.
Revision structure
Key points
Exam-ready takeaways
India receives significant remittances from abroad, but domestic remittances also have a large volume and socio-economic impact
Domestic remittances currently do not receive as much policy attention as remittances from abroad
Ramesh emphasized the need to reduce the time and cost of domestic remittances in India
Domestic remittances are an important economic and social factor in India
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