India's Overall Balance of Payments : April-June 2004-05 - RBI - Reserve Bank of India
India's Overall Balance of Payments : April-June 2004-05
Table: INDIA'S OVERALL BALANCE OF PAYMENTS |
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Item |
April-June 2004 |
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|
|
|
US $ million |
|
Rupees crore |
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|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
A. CURRENT ACCOUNT |
|
|
|
|
|
|
I. MERCHANDISE |
16,844 |
23,118 |
-6,274 |
75,623 |
103,791 |
-28,168 |
II. INVISIBLES (a+b+c) |
17,694 |
9,516 |
8,178 |
79,439 |
42,723 |
36,716 |
a) Services |
10,553 |
7,360 |
3,193 |
47,379 |
33,044 |
14,335 |
i) Travel |
860 |
1,142 |
-282 |
3,861 |
5,127 |
-1,266 |
ii) Transportation |
948 |
954 |
-6 |
4,256 |
4,283 |
-27 |
iii) Insurance |
567 |
300 |
267 |
2,546 |
1,347 |
1,199 |
iv) G.n.i.e. |
101 |
66 |
35 |
453 |
296 |
157 |
v) Miscellaneous |
8,077 |
4,898 |
3,179 |
36,263 |
21,990 |
14,273 |
of which : Software Services |
3,501 |
125 |
3,376 |
15,718 |
561 |
15,157 |
b) Transfers |
5,429 |
90 |
5,339 |
24,374 |
404 |
23,970 |
i) Official |
220 |
0 |
220 |
988 |
0 |
988 |
ii) Private |
5,209 |
90 |
5,119 |
23,386 |
404 |
22,982 |
c) Income |
1,712 |
2,066 |
-354 |
7,686 |
9,276 |
-1,589 |
i) Investment Income |
1,680 |
1,828 |
-148 |
7,543 |
8,207 |
-664 |
ii) Compensation of Employees |
32 |
238 |
-206 |
144 |
1,069 |
-925 |
Total Current Account (I+II) |
34,538 |
32,634 |
1,904 |
155,062 |
146,514 |
8,548 |
B. CAPITAL ACCOUNT |
|
|
|
|
|
|
1. Foreign Investment (a+b) |
9,871 |
8,554 |
1,317 |
44,317 |
38,404 |
5,913 |
a) Foreign Direct Investment (i+ii) |
1,898 |
663 |
1,235 |
8,521 |
2,977 |
5,545 |
i. In India |
1,409 |
0 |
1,409 |
6,326 |
0 |
6,326 |
Equity |
859 |
0 |
859 |
3,857 |
0 |
3,857 |
Reinvested Earnings |
454 |
0 |
454 |
2,038 |
0 |
2,038 |
Other Capital |
96 |
0 |
96 |
431 |
0 |
431 |
ii. Abroad |
489 |
663 |
-174 |
2,195 |
2,977 |
-781 |
Equity |
489 |
393 |
96 |
2,195 |
1,764 |
431 |
Reinvested Earnings |
0 |
250 |
-250 |
0 |
1,122 |
-1,122 |
Other Capital |
0 |
20 |
-20 |
0 |
90 |
-90 |
b) Portfolio Investment |
7,973 |
7,891 |
82 |
35,796 |
35,428 |
368 |
In India |
7,973 |
7,891 |
82 |
35,796 |
35,428 |
368 |
Abroad |
0 |
0 |
0 |
0 |
0 |
0 |
2.Loans (a+b+c) |
6,965 |
4,118 |
2,847 |
31,270 |
18,488 |
12,782 |
a) External Assistance |
504 |
432 |
72 |
2,263 |
1,940 |
323 |
i) By India |
0 |
0 |
0 |
0 |
0 |
0 |
ii) To India |
504 |
432 |
72 |
2,263 |
1,940 |
323 |
b) Commercial Borrowings |
2,294 |
1,129 |
1,165 |
10,299 |
5,069 |
5,230 |
(MT & LT) |
|
|
|
|
|
|
i) By India |
0 |
0 |
0 |
0 |
0 |
0 |
ii) To India |
2,294 |
1,129 |
1,165 |
10,299 |
5,069 |
5,230 |
c) Short Term To India |
4,167 |
2,557 |
1,610 |
18,708 |
11,480 |
7,228 |
3. Banking Capital (a+b) |
4,518 |
3,398 |
1,120 |
20,284 |
15,256 |
5,028 |
a) Commercial Banks |
4,268 |
3,398 |
870 |
19,162 |
15,256 |
3,906 |
i) Assets |
1,974 |
1,560 |
414 |
8,863 |
7,004 |
1,859 |
ii) Liabilities |
2,294 |
1,838 |
456 |
10,299 |
8,252 |
2,047 |
of which:Non-Resident Deposits |
988 |
1,774 |
-786 |
4,436 |
7,965 |
-3,529 |
b) Others |
250 |
0 |
250 |
1,122 |
0 |
1,122 |
4. Rupee Debt Service |
0 |
277 |
-277 |
0 |
1,244 |
-1,244 |
5. Other Capital |
2,380 |
1,826 |
554 |
10,685 |
8,198 |
2,487 |
Total Capital Account (1 to 5) |
23,734 |
18,173 |
5,561 |
106,557 |
81,590 |
24,967 |
C. Errors & Omissions |
59 |
|
59 |
265 |
|
265 |
D. Overall Balance |
58,331 |
50,807 |
7,524 |
261,884 |
228,104 |
33,780 |
[Total Capital Account, |
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Current Account and |
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|
Errors & Omissions (A+B+C)] |
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|
|
|
|
|
E. Monetary Movements (i+ii) |
0 |
7,524 |
-7,524 |
0 |
33,780 |
-33,780 |
i) I.M.F. |
0 |
0 |
0 |
0 |
0 |
0 |
ii) Foreign Exchange Reserves |
0 |
7,524 |
-7,524 |
0 |
33,780 |
-33,780 |
( Increase - / Decrease +) |
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