Singh bling Posted January 8, 2019 Share Posted January 8, 2019 https://m.economictimes.com/news/economy/indicators/23000-dollar-millionaires-have-left-india-since-2014/articleshow/63358087.cms Though it is an old news but now after reservation , we will see this trend going upward . Link to comment Share on other sites More sharing options...
jusarrived Posted January 8, 2019 Share Posted January 8, 2019 Rich are leaving cos of corruption drive ? The govt deserves a pat on its back Link to comment Share on other sites More sharing options...
Singh bling Posted January 8, 2019 Author Share Posted January 8, 2019 3 hours ago, jusarrived said: Rich are leaving cos of corruption drive ? The govt deserves a pat on its back Rich are leaving legally with all their money , draining India of its capital. Link to comment Share on other sites More sharing options...
beetle Posted January 9, 2019 Share Posted January 9, 2019 Times have changed and the world is changing. Moving out for work ,study or live are options that were not so easy earlier. People with money always have more options. Govt jobs are no longer what they used to be.They are no longer a magnet for rich people No govt pension ...low pay. The only thing they offer is job security which the rich do not consider most important . There are more people working outside India and getting money into the country than there were earlier ..... rkt.india and chewy 1 1 Link to comment Share on other sites More sharing options...
chewy Posted January 9, 2019 Share Posted January 9, 2019 lol, and yet remittances to India keep growing every year. from USD 2 billion in 1990 to USD 70 billion in 2018!! there is higher degree of complexity with "millionaires" leaving the country in terms of capital transfers and assets held in India that generate income for others. There are so many NRIs who have factories and services in India. beetle 1 Link to comment Share on other sites More sharing options...
jusarrived Posted January 9, 2019 Share Posted January 9, 2019 8 hours ago, Singh bling said: Rich are leaving legally with all their money , draining India of its capital. People leaving the country for better opportunities is nothing new , only thing new the article seems to suggest is that there are some who are leaving cos of corruption drive ..no loss there , as most of the money they take along with them was never part of the system Number and chewy 2 Link to comment Share on other sites More sharing options...
FischerTal Posted January 9, 2019 Share Posted January 9, 2019 chinese rich are leaving china for western countries. simple, there is a better standard of living they seek and they have the means to get it. Link to comment Share on other sites More sharing options...
Vilander Posted January 9, 2019 Share Posted January 9, 2019 21 hours ago, Singh bling said: legally with all their money , a rich person ( who knows money) will not pull capital out of India let alone an NRI. Link to comment Share on other sites More sharing options...
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