A GTRi Policy Perspective
Every year, Biharis abroad send home ₹1,00,000 crore. Enough to build a new Patna every two years. Yet our villages still lack bank branches.
Let that sit.
We are talking about one of the largest internal remittance corridors in the world — money earned in the furnace heat of Riyadh, in the construction dust of Dubai, in the midnight shifts of Mumbai and Surat — flowing back to Siwan, Darbhanga, Madhubani, Gopalganj. And yet, the moment that money crosses the threshold of a home in rural Bihar, it effectively disappears from the formal economy. It pays for a wedding. It patches a leaking roof. It buys fertilizer on credit from a local shop. It does not compound. It does not leverage. It does not build.
