Why NRIs Returning to India?
-
NRI's are returning to India and the number of Non resident Indians R2I is growing rapidly and they are investing in India too.I don't think NRIs Returning to settle down in India. source : http://www.proud2bindian.in/indian-nri-forum/3590-return-india-trend-nris.html Now My questions are " Why NRIs returning to India ? What are the challenges NRIs face in their R2I ?
-
Answer:
They invest because India is booming and thus they get get higher returns. They don't want to live in India s they get a better quality of life where they live.
Knight at Yahoo! Answers Visit the source
Other answers
Firstly i'm sure that you're aware that India's economy is growing at 9-10% annually ...The money that NRI's have earned and invested abroad is not fetching them the kind of returns that they expect ...in fact with the US economy growing at 2.2% and UK economy growing at 0.7% ...it is safe to say that keeping money even in a savings bank account will fetch more returns in India ...considering our Repo rate of Reserve bank of India is around 5.5%. Secondly, the issue of major unemployment in UK and USA. India and China both are growing economies with huge investments so they need an ever growing workforce. I think the major challenge faced by NRI's is reverse cultural shock ...especially for their children who might have been born in USA or UK ..and will have to learn to acclimatize to the Indian culture and setup of how things go in India. Even the adults will have a tough time adjusting to Indian work culture again.
vx7g3
Related Q & A:
- Why Internet Speed Is Slow In India?Best solution by Yahoo! Answers
- Why India Still Remains Poorest Country?Best solution by Yahoo! Answers
- Why is public transportation in India so inefficient?Best solution by Yahoo! Answers
- Why Haridwar India use physical violence against Spanish NGO disable member?Best solution by ca.answers.yahoo.com
- Why are most of the US to India flights flown via london why not via Australia?Best solution by Quora
Just Added Q & A:
- How many active mobile subscribers are there in China?Best solution by Quora
- How to find the right vacation?Best solution by bookit.com
- How To Make Your Own Primer?Best solution by thekrazycouponlady.com
- How do you get the domain & range?Best solution by ChaCha
- How do you open pop up blockers?Best solution by Yahoo! Answers
For every problem there is a solution! Proved by Solucija.
-
Got an issue and looking for advice?
-
Ask Solucija to search every corner of the Web for help.
-
Get workable solutions and helpful tips in a moment.
Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.