Educated Migrants and Remittances in Rural India

Remittances contribute to the financial growth of rural areas. They are especially utilized to meet needs and elevate living standards. However, in contemporary times, they serve to boost family income sources, either through financial assistance or by establishing or enhancing family businesses. Consequently, it is hypothesized that individuals with lower education levels are less likely to send remittances compared to their more educated counterparts in rural India. Conversely, remittances are expected to improve living standards as a means of supporting rural well-being. JEL: F24, I21, R23, M21