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Indians continue to move West, despite India being a bright spot among world economies

February 16, 2023 at 5:58:51 PM

Demography, Migration, Emigration

  • According to the Ministry of External Affairs, in 2022, almost 2.25 lakh Indians renounced their citizenship, the highest since 2011. 

  • The move is especially seen among HNI (high net-worth individuals). HNI are those who have a wealth of more than 8.2 crores. This reflects a worrying situation wrt emigration of the country.

  • The trend also raises a question, "is the wealth not translating into the higher quality of life in India they seek, ultimately forcing them to move out"?

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