Overview
- Indians remitted $50.25 million for education in Georgia in FY2024–25, up from $10.33 million in 2018–19, according to RBI Liberalised Remittance Scheme data obtained via RTI.
- Ukraine’s education remittances fell to $2.40 million in FY2024–25 after peaking near $39.12 million in 2021–22 before the invasion, underscoring a steep post-war decline.
- Spending on education in Russia rose to $69.94 million in FY2024–25, a 200% jump from $22.48 million a year earlier, with Russia ranking 11th and Georgia 12th among destinations.
- Parliamentary data show Indian travelers declaring study in Georgia increased from 4,148 in 2019 to 10,470 in 2023, aligning with consultants’ reports of transfers and cost-driven choices.
- Among major destinations in FY2024–25, the USA saw a 10% drop in remittances, Canada fell 43% and Australia 5%, while the UK rose 12% and Germany climbed 70%.