How small Indian-American community is contributing to US economy, wielding influence

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New Delhi:Indian Americans, despite comprising only 1.5 per cent of the US population, have made significant contributions to the US economy and wield strong socio-cultural influence, according to a new report...

Research by San Francisco-based non-profit Indiaspora and Boston Consulting Group (BCG) reveals that the small Indian-American community, which is 5.1 million strong, pays 5-6 percent of all income taxes in the US..

Around 6 percent of Indian Americans are below the poverty line as of 2020, and an estimated 14 percent were undocumented in 2021, the report adds...

Indian-origin Americans also hold top positions at global financial institutions, such as the World Bank (president Ajay Banga) and the International Monetary Fund (deputy managing director Gita Gopinath)...

The report also adds that Indian Americans contributed to 13 percent of scientific publications...