(a) the total amount of outward remittance for fee and living expenses for Indians studying in universities abroad from 01.05.2014 to 30.01.2020;
(b) the State-wise amount of outward remittance for fee and living expenses for Indians studying in universities abroad from 01.05.2014 to 30.01.2020; and
(c) the year-wise growth in outward remittances per category (studying, medical treatment, gifts, donation etc.) since the introduction of the Liberalised Remittance Scheme in 2004?
MINISTER OF STATE FOR FINANCE
(SHRI ANURAG SINGH THAKUR)
(a) & (b): Data relating to Liberalised Remittance Scheme is collected/ maintained only under the following heads:
(1) Deposit
(2) Purchase of immovable property
(3) Investment in equity/ debt
(4) Gift
(5) Donations
(6) Travels
(7) Maintenance of close relatives
(8) Medical Treatment
(9) Studies Abroad
(10) Others (includes items such as subscription to journals, maintenance of investment abroad, student loan repayments, credit card payments etc.)
The total remittance for the purpose of "Studies Abroad" from 01.04.2014 to 30.11.2019 is USD 11,855.56 million (year-wise data on purpose wise remittances including for "Studies Abroad" is at Annexure-I).
(c): The data with respect to year-on-year growth of remittance for each purpose under Liberalised Remittance Scheme is provided at Annexure -II.