However, evidence on direct impact of migrant remittances on poverty seems to be intermittent. Several studies based on empirical research suggest conclude that remittances are generally beneficial to development. However, this body of research work remains trivial with little literature available on the subject (Anderson & Hasiao, 1981, p 598-606). Much of the research work just focuses on the immediate monetary hither & thither. Taking the complicated & multi disciplinary nature of remittances maintaining pluralism in the methodology of the actual empiricism of research work is a necessity. Nonetheless, remittances are pitted to decrease poverty as the poor may more often than not be direct receivers of it. Even though there are very few studies that directly address the impact of remittances, it would be reasonable to assume that the amount of money transferred by migrants back to their homes have played a role in reducing poverty to an extent. An estimated 70% of migrant workers sent remittances back home. A 10 % increase in remittances in a country’s GDP has resulted in alleviation of poverty of about 1.6% every year. While this may be significant for a small, remittance driven country like Philippines it may not be of much significance to a large densely populated country like India (Bauer, 1999). What’s abundantly apparent is the decoupling of economic crises & remittances flowing into a country. A 2004 World Bank report asserts that remittances to developing Asian countries during Asian financial crisis of 1997-98 remained stable & continued to rise in many cases even though FDI & official aid flows dried up. In spite of this, the direct relationship between remittances & economic hasn’t been adequately examined.