A study on socio economic impact of remittances on forward migrants household of tibetan refugees in india

Abstract

Migration and Development is an agenda of every country s economic policy in recent time. Migration has been linked to the flow of remittances influencing socio-economic development particularly of developing countries. Studies on remittances have also reflected its positive side having potential effect at all levels including micro (households), macro (country) and meso newline(community) levels.The existing literature on remittance manifested the prominent role of remittance in enhancing livelihood of receiving households. Empirical study conducted on developing economies concluded that households receiving remittances are better off than those of non-receiving newlinehouseholds. International remittance has a direct role on household s economy by raising newlinehousehold s standard of living. Remittances were used for household consumption activities including education, health, housing, accumulating assets leading to human capital development. Likewise, literature pointed out the potential role of remittance inducing investment in business and entrepreneurship development by employing households in becoming self-reliant. Further, remittance improves trust and network within households and community which indirectly helps poor in the community. Thus, it is evident from the previous literature that newlineremittances have enhanced human and financial and social capital development. However, the existing literature lacks information on remittance affecting livelihood in Tibetan newlinecontext. Hence, there is a need of in-depth study in this area of research which is latent and unexplored. In this study, it has made an attempt to understand the role of remittance on Tibetan refugee communities in India who rely on remittance as one of the major sources of income. The study focuses on the impact of remittances from forward migrants who migrated from India towards newlinewestern and European countries. They send remittances back home leading to socio-economic development in the country of origin.