Reserve Bank of India (RBI) Deputy Governor Poonam Gupta stated that remittances to India from West Asia are unlikely to decline due to rising demand for migrant workers in the region. Gupta emphasized that the diversity in the origins of remittances and the skill composition of migrants—ranging from low to high-skilled workers—will contribute positively to inflows. The RBI's data indicates that remittances from Indians living abroad reached over $107 billion in FY26 so far, following a record high of more than $132 billion in FY25. While the share of remittances from Gulf Cooperation Council (GCC) countries has decreased to 33.8%, the US has emerged as the largest source, accounting for 27.7% of total remittances. Economists believe that while the share from GCC countries may decline over time, it will not significantly impact the overall remittance inflows, which remain crucial for India's economy.