Which one of the following is a major economic consequence of migration in India?

Remittances sent by migrants

Economic Consequences of Migration: A major benefit for the source region is the remittance sent by migrants. Remittances from the international migrants are one of the major sources of foreign exchange. In 2002, India received US$ 11 billion as remittances from international migrants. Punjab, Kerala and Tamil Nadu receive very significant amount from their international migrants. The amount of remittances sent by the internal migrants is very meagre as compared to international migrants, but it plays an important role in the growth of economy of the source area. Remittances are mainly used for food, repayment of debts, treatment, marriages, children’s education, agricultural inputs, construction of houses, etc. For thousands of the poor villages of Bihar, Uttar Pradesh, Odisha, Andhra Pradesh, Himachal Pradesh, etc. remittance works as life blood for their economy. Migration from rural areas of Eastern Uttar Pradesh, Bihar, Madhya Pradesh and Odisha to the rural areas of Punjab, Haryana, Western Uttar Pradesh accounted for the success of their green revolution strategy for agricultural development.

• Pressure on the existing social and physical infrastructure: This is a valid social consequence of migration, especially when large numbers of people move to urban areas putting strain on resources like housing, transportation, and healthcare. However, it doesn't directly impact the economic sphere.
• Migration leads to intermixing of people from diverse cultures: This is a social and cultural consequence of migration, fostering cultural exchange and understanding.
• Imbalances in age and sex composition: This is a demographic consequence of migration, potentially impacting the workforce structure and dependency ratios.