{"id":1245071,"date":"2023-04-28T09:19:02","date_gmt":"2023-04-28T03:49:02","guid":{"rendered":"https:\/\/trak.in\/stories\/?p=1245071"},"modified":"2023-04-28T09:19:38","modified_gmt":"2023-04-28T03:49:38","slug":"income-of-less-skilled-indians-in-usa-increases-by-500-find-out-why","status":"publish","type":"post","link":"https:\/\/trak.in\/stories\/income-of-less-skilled-indians-in-usa-increases-by-500-find-out-why\/","title":{"rendered":"Income Of ‘Less Skilled’ Indians In USA Increases By 500%! Find Out Why?"},"content":{"rendered":"\n

A recent study<\/a> has revealed that low-skilled Indians who migrated to the United States tend to see a significant gain in their income of around 500%.<\/p>\n\n\n\n

\"Income<\/figure>\n\n\n\n

Significant Gain in Income<\/strong><\/p>\n\n\n\n

A study by the World Development Report claimed that low-skilled Indians who migrated to the United States tend to see a significant gain in their income of around 500%, followed by those from the United Arab Emirates (UAE). <\/p>\n\n\n\n

Further explaining, the report said that around 120% surge in income has been recorded among Indians working overseas as compared to a 40% increase due to internal migration.<\/p>\n\n\n\n

Notably, the people migrating to the Gulf Cooperation Council (GCC) nations such as Oman, Kuwait, UAE, Saudi Arabia, Qatar and Bahrain are likely to see a lesser income gain.<\/p>\n\n\n\n

The study reveals that there are 184 million migrants around the world with around 37 million refugees.<\/p>\n\n\n\n

Apart from skills, other factors including destination, language ability and age also play crucial roles in deciding the income, noted by the report<\/a> titled Migrants, Refugees and Societies.<\/p>\n\n\n\n

Multi Fold Jump in Income<\/strong><\/p>\n\n\n\n

In case of the highly-skilled workers such as engineers or doctors, the gains are much higher, however, low-skilled workers are also finding themselves having a multi-fold jump in their income.<\/p>\n\n\n\n

Further, the report said, \u201cMigration leads to large wage increases for most people whose skills and attributes are a strong match with the needs of the destination society. These gains often exceed what could be achieved in the country of origin, even from internal migration to relatively better-off locations. The gains are so large that at current rates of economic growth it would take decades for the average low-skilled person working in some countries of origin to earn the income they achieve by migrating to a high income country. These gains are then shared with families and communities in the countries of origin through remittances,\u201d.<\/p>\n\n\n\n

The report categorized the migrants into four types including Refugees with skills in demand, economic migrants with skills that match with demand, distressed migrants and refugees.<\/p>\n\n\n\n

So far, the India-US, India-Bangladesh and India-GCC have been considered among the top migrant corridors.<\/p>\n\n\n\n

The migration comes at a cost for people moving to other countries in search of employment, the WDR further noted.<\/p>\n\n\n\n

In order to meet the migration cost, Indians moving to Qatar spend almost two months’ of their earnings on an average. <\/p>\n\n\n\n

Not only that, the Indian migrants in the UAE send around 70% of their income to their family.<\/p>\n","protected":false},"excerpt":{"rendered":"

A recent study has revealed that low-skilled Indians who migrated to the United States tend to see a significant gain in their income of around 500%. Significant Gain in Income A study by the World Development Report claimed that low-skilled Indians who migrated to the United States tend to see a significant gain in their […]<\/p>\n","protected":false},"author":27,"featured_media":1245080,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[1129,458],"class_list":["post-1245071","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-us","tag-us-visa"],"acf":[],"yoast_head":"\nIncome Of 'Less Skilled' Indians In USA Increases By 500%! 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