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How India is putting billions into Canada’s economy

Byindianadmin

Sep 25, 2023 #India, #pouring
How India is putting billions into Canada’s economy

Students from Punjab who go to study in Canada invest about Rs 68,000 crore because nation, almost $8 billion, every year. That’s a current quote by Sikh Vox, a site on the Sikh diaspora. The price quote is based upon the variety of trainees studying in Canada and the typical college costs plus living expense, and so on. According to information from Immigration, Refugees and Citizenship Canada (IRCC), an overall of 226,450 visas were authorized for Indian trainees in 2022. Of these, a substantial part, roughly 1.36 lakh trainees, came from Punjab, pursuing different courses with a typical period of two-to-three years, states the report by Sikh Vox. Existing quotes from trainee visa processing companies recommend that around 3.4 lakh Punjabi trainees are presently registered in numerous universities throughout Canada. If you consist of trainees from other states of India who go to Canada for post-secondary education, the number might be near $20 billion. Such a substantial quantity of cash gathering every year from India highlights the significance of Canada-India ties. Increasing customer need in India not just enhances the Indian economy however is now adding to foreign economies too. How Indians fund Canadian education system College charges make up a substantial part of the overall yearly expense of Indian trainees in Canada, and
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