Statement 2 : India's Overall Balance of Payments in Dollars (Part 2 of 2)

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असेट प्रकाशक

प्रकाशित सितंबर 30, 2003

सुनें

Statement 2 : India's Overall Balance of Payments in Dollars (Part 2 of 2)

( US $ million)

	Apr - June 2001 PR			July-Sept 2001 PR			Oct-Dec. 2001PR			Jan-Mar 2002PR

Item	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net

1	26	27	28	29	30	31	32	33	34	35	36	37

A.CURRENT ACCOUNT
I. MERCHANDISE	10734	14466	-3732	10824	14628	-3804	11081	13967	-2886	12276	14557	-2281

II.INVISIBLES (a+b+c)	9507	6267	3240	8770	6262	2508	8895	5363	3532	9518	5313	4205

a) Services	4885	4460	425	5576	4574	1002	5090	3644	1446	5114	3410	1704

i) Travel	718	724	-6	679	572	107	751	435	316	762	551	211
ii) Transportation	378	605	-227	491	675	-184	503	584	-81	597	518	79
iii) Insurance	61	37	24	68	73	-5	67	100	-33	71	44	27
iv) G.n.i.e.	152	73	79	106	75	31	94	63	31	117	61	56
v) Miscellaneous	3576	3021	555	4232	3179	1053	3675	2462	1213	3567	2236	1331
of which : Software Services	1871	171	1700	1863	180	1683	1937	167	1770	1885	154	1731

b) Transfers	3760	17	3743	2318	15	2303	3107	17	3090	3392	19	3373

i) Official	40	1	39	72	-	72	51	-	51	222	-	222
ii) Private	3720	16	3704	2246	15	2231	3056	17	3039	3170	19	3151

c) Income	862	1790	-928	876	1673	-797	698	1702	-1004	1012	1884	-872
i) Investment Income	827	1788	-961	856	1670	-814	684	1698	-1014	995	1881	-886
ii) Compensation of Employees	35	2	33	20	3	17	14	4	10	17	3	14


Total Current Account	20241	20733	-492	19594	20890	-1296	19976	19330	646	21794	19870	1924
(I+II)

B. CAPITAL ACCOUNT
1. Foreign Investment	3244	1490	1754	3596	2083	1513	3299	2039	1260	4311	2146	2165
(a+b)
a) Foreign Direct Investment (i+ii)	1251	432	819	1794	496	1298	1399	268	1131	1791	298	1493

i. In India	1215	1	1214	1775	2	1773	1386	1	1385	1760	1	1759
Equity	666	1	665	1289	2	1287	913	1	912	1232	1	1231
Reinvested Earnings	411	-	411	412	-	412	411	-	411	412	-	412
Other Capital	138	-	138	74	-	74	62	-	62	116	-	116

ii. Abroad	36	431	-395	19	494	-475	13	267	-254	31	297	-266
Equity	36	190	-154	19	298	-279	13	72	-59	31	109	-78
Reinvested Earnings	-	174	-174	-	175	-175	-	175	-175	-	175	-175
Other Capital	-	67	-67	-	21	-21	-	20	-20	-	13	-13


b) Portfolio Investment	1993	1058	935	1802	1587	215	1900	1771	129	2520	1848	672
In India	1993	1043	950	1802	1543	259	1900	1767	133	2520	1842	678
Abroad	-	15	-15	-	44	-44	-	4	-4	-	6	-6

2.Loans	2433	3541	-1108	2585	2868	-283	3219	3712	-493	3275	2741	534
(a+b+c)
a) External Assistance	622	666	-44	615	420	195	517	538	-21	1598	611	987
i) By India	-	72	-72	-	4	-4	-	4	-4	-	7	-7
ii) To India	622	594	28	615	416	199	517	534	-17	1598	604	994

b) Commercial Borrowings	389	1114	-725	644	1016	-372	981	1062	-81	682	1080	-398
(MT & LT)
i) By India	1	-	1	-	-	-	2	-	2	-	-	-
ii) To India	388	1114	-726	644	1016	-372	979	1062	-83	682	1080	-398

c) Short Term
To India	1422	1761	-339	1326	1432	-106	1721	2112	-391	995	1050	-55

3. Banking Capital	5850	3475	2375	3390	3503	-113	3979	2153	1826	4307	2804	1503
(a+b)
a) Commercial Banks (i+ii)	5419	3475	1944	3390	3334	56	3969	2046	1923	4263	2802	1461
i) Assets	1786	502	1284	435	1326	-891	1326	413	913	1504	549	955
ii) Liabilities	3633	2973	660	2955	2008	947	2643	1633	1010	2759	2253	506
iii) Non-Resident Deposits	3489	2900	589	2759	1985	774	2508	1617	891	2679	2179	500
b) Others	431	-	431	-	169	-169	10	107	-97	44	2	42

4. Rupee Debt Service	-	388	-388	-	1	-1	-	-	-	-	130	-130

5. Other Capital	320	771	-451	1195	870	325	1432	1246	186	673	575	98

Total Capital Account	11847	9665	2182	10766	9325	1441	11929	9150	2779	12566	8396	4170
(1 to 5)

C. Errors & Omissions	-	228	-228	338	-	338	199	-	199	94	-	94

D. Overall Balance	32088	30626	1462	30698	30215	483	32104	28480	3624	34454	28266	6188
(Total Capital Account,
Current Account and
Errors & Omissions (A+B+C))

E. Monetary Movements	-	1462	-1462	-	483	-483	-	3624	-3624	-	6188	-6188
(i+ii)
i) I.M.F.	-	-	-	-	-	-	-	-	-	-	-	-
ii) Foreign Exchange Reserves	-	1462	-1462	-	483	-483	-	3624	-3624	-	6188	-6188
( Increase - / Decrease +)

( US $ million)

	Apr - June 2000 PR			July-Sept 2000 PR			Oct-Dec. 2000PR			Jan-Mar 2001PR

Item	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net

1	38	39	40	41	42	43	44	45	46	47	48	49

A.CURRENT ACCOUNT
I. MERCHANDISE	10397	14990	-4593	11345	15186	-3841	11179	14790	-3611	11973	14298	-2325

II.INVISIBLES (a+b+c)	7297	4927	2370	8394	5701	2693	9457	6419	3038	9638	6959	2679

a) Services	3270	2886	384	4307	3846	461	5514	4572	942	5779	5088	691

i) Travel	709	727	-18	705	637	68	860	670	190	894	840	54
ii) Transportation	409	887	-478	490	760	-270	509	750	-241	505	773	-268
iii) Insurance	62	29	33	62	25	37	68	29	39	65	39	26
iv) G.n.i.e.	117	67	50	189	107	82	193	70	123	158	97	61
v) Miscellaneous	1973	1176	797	2861	2317	544	3884	3053	831	4157	3339	818
of which : Software Services	1339	141	1198	1722	111	1611	1572	151	1421	1708	188	1520

b) Transfers	3438	16	3422	3381	12	3369	3231	15	3216	3161	34	3127

i) Official	60	-	60	63	1	62	95	-	95	120	1	119
ii) Private	3378	16	3362	3318	11	3307	3136	15	3121	3041	33	3008

c) Income	589	2025	-1436	706	1843	-1137	712	1832	-1120	698	1837	-1139
i) Investment Income	558	2023	-1465	678	1841	-1163	687	1830	-1143	675	1833	-1158
ii) Compensation of Employees	31	2	29	28	2	26	25	2	23	23	4	19


Total Current Account	17694	19917	-2223	19739	20887	-1148	20636	21209	-573	21611	21257	354
(I+II)

B. CAPITAL ACCOUNT
1. Foreign Investment	4796	3126	1670	4074	2843	1231	2270	1754	516	4841	2397	2444
(a+b)
a) Foreign Direct Investment (i+ii)	1082	190	892	970	140	830	895	215	680	1173	305	868

i. In India	1072	20	1052	968	2	966	869	-	869	1141	-	1141
Equity	699	20	679	532	2	530	485	-	485	705	-	705
Reinvested Earnings	337	-	337	338	-	338	337	-	337	338	-	338
Other Capital	36	-	36	98	-	98	47	-	47	98	-	98

ii. Abroad	10	170	-160	2	138	-136	26	215	-189	32	305	-273
Equity	10	78	-68	2	26	-24	26	110	-84	32	200	-168
Reinvested Earnings	-	84	-84	-	85	-85	-	85	-85	-	85	-85
Other Capital	-	8	-8	-	27	-27	-	20	-20	-	20	-20


b) Portfolio Investment	3714	2936	778	3104	2703	401	1375	1539	-164	3668	2092	1576
In India	3714	2936	778	3104	2698	406	1375	1408	-33	3668	2058	1610
Abroad	-	-	-	-	5	-5	-	131	-131	-	34	-34

2.Loans	3607	3996	-389	5369	5139	230	9854	4936	4918	3967	4474	-507
(a+b+c)
a) External Assistance	523	873	-350	444	481	-37	854	562	292	1121	616	505
i) By India	-	7	-7	-	3	-3	-	7	-7	-	-	-
ii) To India	523	866	-343	444	478	-34	854	555	299	1121	616	505

b) Commercial Borrowings	791	1237	-446	1336	1624	-288	6225	1125	5100	700	1329	-629
(MT & LT)
i) By India	1	-	1	1	-	1	4	1	3	1	1	0
ii) To India	790	1237	-447	1335	1624	-289	6221	1124	5097	699	1328	-629

c) Short Term
To India	2293	1886	407	3589	3034	555	2775	3249	-474	2146	2529	-383

3. Banking Capital	3570	2389	1181	2882	3163	-281	3044	3792	-748	3276	2617	659
(a+b)
a) Commercial Banks (i+ii)	3302	2385	917	2882	2949	-67	3040	3616	-576	3228	2617	611
i) Assets	707	373	334	990	1461	-471	578	1695	-1117	735	948	-213
ii) Liabilities	2595	2012	583	1892	1488	404	2462	1921	541	2493	1669	824
of which : Non-Resident Deposits	2583	1900	683	1863	1338	525	2337	1868	469	2205	1566	639
b) Others	268	4	264	-	214	-214	4	176	-172	48	-	48

4. Rupee Debt Service	-	460	-460	-	1	-1	-	-	-	-	156	-156

5. Other Capital	909	1435	-526	1218	1172	46	817	880	-63	1048	795	253

Total Capital Account	12882	11406	1476	13543	12318	1225	15985	11362	4623	13132	10439	2693
(1 to 5)

C. Errors & Omissions	-	274	-274	-	490	-490	119	-	119	74	-	74

D. Overall Balance	30576	31597	-1021	33282	33695	-413	36740	32571	4169	34817	31696	3121
(Total Capital Account,
Current Account and
Errors & Omissions (A+B+C))

E. Monetary Movements	1047	26	1021	413	-	413	-	4169	-4169	-	3121	-3121
(i+ii)
i) I.M.F.	-	26	-26	-	-	-	-	-	-	-	-	-
ii) Foreign Exchange Reserves	1047	-	1047	413	-	413	-	4169	-4169	-	3121	-3121
( Increase - / Decrease +)

P. Provisional; PR : Partially Revised ; @ Data for 2002-03 are estimated as average of the previous two years. * : Includes Repayment of US dollar 3035 million of Government loans effected in Jan-Mar quarter of 2002-03 Notes: 1. Data on Foreign Direct Investment (FDI) have been revised since 2000-01 with expanded coverage to approach international best practices. These data, therefore, are not comparable with FDI data for previous years. 2 . The figures for re-invested earnings have been proportionately distributed in the quarterly data for 2000-01, 2001-02 and 2002-03. 3. Re-invested earnings figure for April-June 2003 have been estimated.