14-October-2020

Remote

COVID-19 and Migrant Remittances: Emerging Trends and Strategies to Build Resilience

Host: LEAD at Krea University, Access Assist

As migrants in India struggle with the loss of work and a drop in remittances due to the ongoing COVID-19 pandemic, what are some of the promising programs and policies that can help them get back on their feet?

In the run-up to the Inclusive Finance India Summit 2020, LEAD hosted a webinar in partnership with Access-Assist. The webinar was hosted as part of CFI-Accion’s Financial Inclusion Week, and featured experts from fintech and financial institutions who deliberated on strategies to help migrants tide through the COVID-19 crisis.

Speakers

Sucharita Mukherkee, Co-founder, Kaleidofin

Varun Aggarwal, Founder, India Migration Network

Sona Mitra, Principal Economist, IWWAGE – an initiative of LEAD at Krea University

Easwaran Venkatewaran, MD & CEO (Interim), India Post Payment Bank

Fabrizio Valenti, Head – Financial Inclusion, LEAD at Krea University (moderator)

The panel highlighted the important role that financial institutions, banks and fintechs can play in supporting migrants and strengthening their ability to survive future crises accompanied by severe economic shocks.

Related Resources

Video: COVID-19 and Migrant Remittances