vital source of income back home, sending money to pay for daily expenses, Listen to the latest songs, only on JioSaavn.com housing, education and medical care. Such remittances hit a record high of $554 QUICK Unlock 4LINKS guidelines Unl billion in 2019. Advertis Bihar Elections Coronav This year, however, the World Bank expects remittances to fall by 20 percent, Hathras Rape Case which would be the sharpest decline on record. For some countries, that drop will IPL Live Score PM Nare be a crushing blow. In Nepal, Honduras, Haiti, Lesotho and Tajikistan, for Rahul Gandhi Coronavir instance, remittances represent more than 20% of gross domestic product. Even Coronavirus Helpline for a large economy like India, remittances are important: Last year, they SENSEX outstripped the total amount of foreign direct investment in the country. Share Market Today In Kerala, the dependence on funds sent from abroad is a not-so-secret element of the state's developmental success. One in every four households in the state includes a migrant who works abroad, according to a 2018 survey. Coronavirus Va Tata Sky MS Dhoni Do Biotique Patanjali Ratha, the lead economist on migration and remittances at the World Bank. That's IPL 2020 teams The migration route from Kerala to the gulf, built upon centuries of trade with the Middle East, is so well established that is has absorbed successive generations of the same family, like the Athekkatils. Along curving roads in the northern part of the state, one can spot the "gulf houses" - a term for the sometimes comically large residences that well-paid migrants build back home in Kerala. In normal times, tens of thousands of Keralites return each year, having saved enough money or because they're ready to come home. After the 1991 Persian Gulf War and the 2008 nancial crisis, migrants returned involuntarily, but on a smaller scale than what is unfolding now. Those prior episodes demonstrate how wrenching the return can be, said Irudaya Rajan, a professor at the Center for Development Studies and an expert on migration from Kerala. "They went to make money," he said, "and now they've lost everything." --For migrants and their families, there were drawbacks well before the pandemic. When the Athekkatil brothers talk about their father, Kumaran, it is with a sense of respect for his sacri ces in the gulf: the extreme heat, the long hours, the loneliness. Kumaran left for the UAE in 1983. Unable to read or write, he had colleagues help him write letters. He would return home only once every three years, storing up his leave time so he could stay for two months. The ink pens and scented erasers he brought as gifts were the envy of his sons' classmates. But the time with his wife and children was scarce. "He was always crushed that CASES IN INDIA he'd be leaving again soon," said Unnikrishnan, 49, the eldest of the ve brothers. "My father lived for his family, not for himself." 68,35,655 78,524 Am Flipkart offers JEE Advanced Result what is shaping up to be India's worst recession in modern history. Pri W Kerala received about $15 billion in remittances last year, according to Dilip too will tax revenue, limiting the state government's ability to help people during Co Sushant Singh Rajput Redbus more than a tenth of the state's entire economic output. As remittances fall, so Rhe IP IPL Poi