Visa effect? Funds sent abroad for studies fall to 8-year low
India's outward remittances for overseas education saw a significant 24% year-on-year drop in August 2025, reaching their lowest point since 2017. This decline is attributed to stricter visa norms in popular study destinations and a recalibration of financial decisions by families, leading to a more cautious approach to international education spending.
India's outward remittances for overseas education saw a significant 24% year-on-year drop in August 2025, reaching their lowest point since 2017. This decline is attributed to stricter visa norms in popular study destinations and a recalibration of financial decisions by families, leading to a more cautious approach to international education spending.
