Posted by: mayakannadi | April 25, 2007

Question to ponder

Mumbai, April 25: The combined wealth of the 20-million strong non-resident Indians community is estimated to be over one trillion dollars–more than the country’s entire economy of about 850 billion dollars.

Overseas Indians are estimated to hold financial wealth, apart from real estate, gold and art, of over 500 billion dollar. The total wealth would be over one trillion dollars, according to the report by High-Powered Expert Committee (HPEC) appointed by the Centre to suggest ways to make Mumbai an international financial centre.

Why is it that 20 million NRIs are able to to generate more wealth than 1 billion residents?


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