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Determinants of Remittances: A Case Study of Migrant Labourers in Alang Ship-Breaking Yard
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Migrants often save some part of their income to remit to their place of origin, which may be used to meet the current consumption needs of the remaining members of the households or for productive purposes provided that there is an opportunity for investment. Therefore, remittances may induce significant changes in socio-economic development of the families of migrants in their native place. The aim of this paper is to examine the remittance pattern of migrant labour at Alang ship-breaking yard. This paper also examines the various determinants and factors, which are responsible for the remittance. The result shows that remittances account for 38 per cent of the monthly income of the labourers. The majority of migrants send money on monthly basis and various determinants, such as marital status, ownership of land and family sizes etc., are important variables in the decision to remit.
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