INVESTMENT ATTITUDE AND PATTERN OF Nris IN INDIA WITH SPECIAL REFERENCE TO CHENNAI CITY
European Journal of Molecular & Clinical Medicine,
2020, Volume 7, Issue 3, Pages 2997-3002
AbstractThe quantity of Non Resident Indians and their quantum of settlements in the Tamil Nadu state have been expanding at an astounding rate. The studies led by the Dept.of Economics and Statistics, Tamil Nadu and the Kerala Migration Survey (KMS-2016) by Prof. Irudaya Rajan and Prof Zachariah (CDS, Kerala) uncovers that settlements sent by the NRIs gives mass migration backing to in any event one-6th of the all out general public of the Chennai City. Tamil Nadu state accepting a disturbing amount of settlement of NRIs yet it is certain that these commitments are not gainfully channelised by concerned government. The current point is predominantly chosen to dissect the Investment Attitude and Pattern of NRIs in India particularly Tamilans in Chennai City. As per official information, NRI deposits in Tamil Nadu specially Chennai city have now crossed the wizardry figure of Rs 2.23 lakh crore, expanding rapidly by over 29% from Rs 104,864 crore to Rs 123997 lakh crore toward the finish of 2018-19. Settlements from NRIs are the establishment stones of the Tamil Nadu economy. The reason for this investigation is to distinguish the relationship of the elements that influence the Investment Attitude and Pattern of NRIs in India with special reference to Chennai City.
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