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35. Outward Remittances under the Liberalised Remittance Scheme (LRS) for Resident Individuals

(US$ Million)
Item 2021-22 2022 2023
Feb. Dec. Jan. Feb.
1 2 3 4 5
1 Outward Remittances under the LRS 19610.77 1823.35 2068.26 2728.17 2101.38
1.1 Deposit 830.05 54.20 60.49 73.14 61.16
1.2 Purchase of immovable property 112.90 8.07 13.26 14.98 16.10
1.3 Investment in equity/debt 746.57 60.39 119.58 160.05 132.15
1.4 Gift 2336.29 201.36 202.76 223.22 245.31
1.5 Donations 16.55 3.28 0.87 0.66 0.80
1.6 Travel 6909.04 980.45 1137.93 1493.17 1070.71
1.7 Maintenance of close relatives 3302.37 282.61 274.79 342.47 323.43
1.8 Medical Treatment 37.79 3.69 4.36 6.27 3.93
1.9 Studies Abroad 5165.33 216.07 237.65 395.87 229.34
1.10 Others 153.88 13.23 16.59 18.34 18.45
Note: 1.10: Include items such as subscription to journals, maintenance of investment abroad, student loan repayments and credit card payments.

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