Canada's education ecosystem will be shaken by India's decision, $4.9 billion economy depends on India alone. - Newztezz - Latest News Today, Breaking News, Top News Headlines, Latest Sports News

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Saturday, September 23, 2023

Canada's education ecosystem will be shaken by India's decision, $4.9 billion economy depends on India alone.

Indian students play the biggest role in the Canadian economy. If India takes a tough decision and stops studies from Canada then Canada will be left breathless. Let us know how much contribution Indian students make to the Canadian economy.

India Canada dispute is getting hotter day by day. But, it is going to be very costly for Canada to mess with India. In fact, the contribution of Indian students alone in Canada's economy is 4.9 billion dollars. In such a situation, just because of India's decision, Canada can get a shock and the country's 2.2 trillion GDP economy can collapse. India plays an important role in Canada's economy and it is dependent on India. Let us know how…

Most of the economy depends on India

The controversy that erupted over the issue of Khalistan has now started spoiling relations at the diplomatic level. The effect of which is now visible from business to the market. Most of Canada's economy is dependent on India. Indian companies are leaving Canada one after the other. Actually, Canada's economy also runs on the support of America. But India's stake in this is also worth billions of dollars. At the same time, Canada's economy will collapse with just one decision of India.

In fact, it is Indian students who play the biggest role in the Canadian economy. If India takes a tough decision and stops studies from Canada then Canada will be left breathless. Students from all over the world including Indians study in Canada by paying huge fees and help in strengthening the economy there. Foreign students are charged 4 to 5 times more fees than Canadian students. In such a situation, Canada will be shocked if India imposes sanctions.

4.9 billion dollar economy depends on India

Now, due to increasing controversy, if India bans its students going to Canada, it will be a big blow to Canada. International students contribute billions of dollars to Canada's economy. Apart from this, four to five times more fees are charged from Indian students there. Apart from the fees, Indian students pay a huge contribution in the form of room rent and mortgage to stay there. There are about 8 lakh international students in Canada. In which 40 percent are Indians.

The contribution of Indian students alone to the Canadian economy is 4.9 billion dollars. Many private universities of Canada are running solely on the basis of Indian students. If India bans it, Canada's education system and the entire private college eco-system will be disrupted.

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