Cabinet body approves NRLP to boost remittances
Estimate is based on assumption that IMF programme will continue
Inflows may help rupee to strengthen against dollar in short run
Inflows will help improve country’s capacity to make import, debt payments
Loans will provide much-needed boost to foreign exchange reserves
Inflows are almost flat, come in line with market expectations
Aims to encourage inflows through legal channels to combat money laundering