LRS outflows: The bigger story is India’s search for global diversification

LRS outflows: The bigger story is India’s search for global diversification


India’s Liberalised Remittance Scheme shifts from consumption to global wealth diversification, as affluent Indians boost overseas investments and dollar exposure.

LRS outflows: The bigger story is India’s search for global diversification

India’s Liberalised Remittance Scheme, which allows every resident individual to remit up to $250,000 per financial year, recorded outward remittances of around $29.7 billion in FY25.

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