Due to poor conditions and limited employment opportunities in rural areas, Indians are increasingly migrating to cities or towns to find work. Some estimates suggest that there are more than 100 million seasonal domestic migrants in the country. A major concern for these individuals is being able to transfer money safely and efficiently from their place of work to their family back home. Because migrants come from socially vulnerable households that use the funds to finance household consumption and investment, it is essential that they be able to transfer as much of their hard-earned money as possible, without incurring unnecessary charges. The study aims to examine the various transfer mechanisms available to 274 Indian migrants and their families along four major migration “corridors.” Bihar to Hoskote, Karnataka (a small town),Semi-urban Tamil Nadu to Mumbai, Rural Orissa to Surat, Semi-urban West Bengal to New Delhi
URL : 20140423122131.pdf