New Delhi, March 2 -- The ongoing conflict in the Middle East is unlikely to materially disrupt the flow of money to India from overseas workers, as the relative contribution of the gulf nations in such remittances has declined over the years.

While acknowledging that there will be an impact on inflows, experts said there are two primary reasons why the decline in remittances will not be significant.

First, experts hope that the escalation in tensions surrounding the GCC (Gulf Cooperation Council) nations is short-lived and does not lead to a full-blown war among multiple nations. GCC is a six-nation grouping that includes the United Arab Emirates (UAE), Bahrain, Kuwait, Oman, Qatar, and Saudi Arabia. Second, remittances from the US now...