(Rs. crore)
|
Items |
2004-05 |
2005-06 |
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
3,81,785 |
5,33,550 |
-1,51,765 |
4,65,748 |
6,95,412 |
-2,29,664 |
|
II. |
Invisibles (a+b+c) |
3,11,550 |
1,71,959 |
1,39,591 |
3,97,660 |
2,11,733 |
1,85,927 |
|
|
a) |
Services |
1,93,711 |
1,24,880 |
68,831 |
2,55,668 |
1,53,057 |
1,02,611 |
|
|
|
i) |
Travel |
29,858 |
23,571 |
6,287 |
34,871 |
29,432 |
5,439 |
|
|
|
ii) |
Transportation |
21,021 |
20,363 |
658 |
28,023 |
36,928 |
-8,905 |
|
|
|
iii) |
Insurance |
3,913 |
3,249 |
664 |
4,694 |
4,965 |
-271 |
|
|
|
iv) |
G.n.i.e. |
1,797 |
1,843 |
-46 |
1,396 |
2,343 |
-947 |
|
|
|
v) |
Miscellaneous |
1,37,122 |
75,854 |
61,268 |
1,86,684 |
79,389 |
1,07,295 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
79,404 |
3,579 |
75,825 |
1,04,632 |
5,954 |
98,678 |
|
|
|
|
Business Services |
23,067 |
32,807 |
-9,740 |
41,356 |
34,428 |
6,928 |
|
|
|
|
Financial Services |
2,279 |
3,735 |
-1,456 |
5,355 |
4,265 |
1,090 |
|
|
|
|
Communication Services |
6,191 |
3,298 |
2,893 |
7,000 |
1,285 |
5,715 |
|
|
b) |
Transfers |
97,201 |
4,066 |
93,135 |
1,13,566 |
4,134 |
1,09,432 |
|
|
|
i) |
Official |
2,762 |
1,598 |
1,164 |
2,970 |
2,103 |
867 |
|
|
|
ii) |
Private |
94,439 |
2,468 |
91,971 |
1,10,596 |
2,031 |
1,08,565 |
|
|
c) |
Income |
20,638 |
43,013 |
-22,375 |
28,426 |
54,542 |
-26,116 |
|
|
|
i) |
Investment Income |
18,538 |
36,947 |
-18,409 |
27,633 |
51,112 |
-23,479 |
|
|
|
ii) |
Compensation of Employees |
2,100 |
6,066 |
-3,966 |
793 |
3,430 |
-2,637 |
|
Total Current Account (I+II) |
6,93,335 |
7,05,509 |
-12,174 |
8,63,408 |
9,07,145 |
-43,737 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
2,10,205 |
1,52,148 |
58,057 |
3,42,778 |
2,73,996 |
68,782 |
|
|
a) |
Foreign Direct Investment (i+ii) |
27,392 |
10,647 |
16,745 |
40,690 |
27,265 |
13,425 |
|
|
|
i) |
In India |
27,234 |
287 |
26,947 |
39,730 |
273 |
39,457 |
|
|
|
|
Equity |
17,028 |
287 |
16,741 |
26,512 |
273 |
26,239 |
|
|
|
|
Reinvested Earnings |
8,555 |
— |
8,555 |
12,220 |
— |
12,220 |
|
|
|
|
Other Capital |
1,651 |
— |
1,651 |
998 |
— |
998 |
|
|
|
ii) |
Abroad |
158 |
10,360 |
-10,202 |
960 |
26,992 |
-26,032 |
|
|
|
|
Equity |
158 |
7,517 |
-7,359 |
960 |
17,678 |
-16,718 |
|
|
|
|
Reinvested Earnings |
— |
1,114 |
-1,114 |
— |
4,834 |
-4,834 |
|
|
|
|
Other Capital |
— |
1,729 |
-1,729 |
— |
4,480 |
-4,480 |
|
|
b) |
Portfolio Investment |
1,82,813 |
1,41,501 |
41,312 |
3,02,088 |
2,46,731 |
55,357 |
|
|
|
i) |
In India |
1,82,813 |
1,41,394 |
41,419 |
3,02,088 |
2,46,731 |
55,357 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,80,900 |
1,42,270 |
38,630 |
2,90,648 |
2,46,736 |
43,912 |
|
|
|
|
GDRs/ADRs |
2,728 |
— |
2,728 |
11,438 |
— |
11,438 |
|
|
|
ii) |
Abroad |
— |
107 |
-107 |
— |
— |
— |
|
2. |
Loans (a+b+c) |
1,35,685 |
87,090 |
48,595 |
1,74,729 |
1,40,332 |
34,397 |
|
|
a) |
External Assistance |
16,988 |
8,463 |
8,525 |
16,133 |
8,541 |
7,592 |
|
|
|
i) |
By India |
108 |
576 |
-468 |
106 |
390 |
-284 |
|
|
|
ii) |
To India |
16,880 |
7,887 |
8,993 |
16,027 |
8,151 |
7,876 |
|
|
b) |
Commercial Borrowings |
40,679 |
17,566 |
23,113 |
63,476 |
52,971 |
10,505 |
|
|
|
i) |
By India |
— |
1,036 |
-1,036 |
— |
1,105 |
-1,105 |
|
|
|
ii) |
To India |
40,679 |
16,530 |
24,149 |
63,476 |
51,866 |
11,610 |
|
|
c) |
Short Term To India |
78,018 |
61,061 |
16,957 |
95,120 |
78,820 |
16,300 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
78,018 |
61,061 |
16,957 |
85,766 |
78,114 |
7,652 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
— |
— |
— |
9,354 |
706 |
8,648 |
|
3. |
Banking Capital (a+b) |
65,278 |
48,238 |
17,040 |
95,988 |
90,193 |
5,795 |
|
|
a) |
Commercial Banks |
64,038 |
46,532 |
17,506 |
91,200 |
89,569 |
1,631 |
|
|
|
i) |
Assets |
2,276 |
2,481 |
-205 |
3,369 |
17,711 |
-14,342 |
|
|
|
ii) |
Liabilities |
61,762 |
44,051 |
17,711 |
87,831 |
71,858 |
15,973 |
|
|
|
|
of which: Non-Resident Deposits |
36,225 |
40,664 |
-4,439 |
79,190 |
66,733 |
12,457 |
|
|
b) |
Others |
1,240 |
1,706 |
-466 |
4,788 |
624 |
4,164 |
|
4. |
Rupee Debt Service |
— |
1,858 |
-1,858 |
— |
2,557 |
-2,557 |
|
5. |
Other Capital |
30,507 |
26,974 |
3,533 |
26,451 |
20,903 |
5,548 |
|
Total Capital Account (1 to 5) |
4,41,675 |
3,16,308 |
1,25,367 |
6,39,946 |
5,27,981 |
1,11,965 |
C. |
ERRORS & OMISSIONS |
2,714 |
— |
2,714 |
— |
2,332 |
-2,332 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
11,37,724 |
10,21,817 |
1,15,907 |
15,03,354 |
14,37,458 |
65,896 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
1,15,907 |
-1,15,907 |
— |
65,896 |
-65,896 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
1,15,907 |
-1,15,907 |
— |
65,896 |
-65,896 |
P : Preliminary. PR : Partially Revised. |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. crore) |
Items |
2006-07 |
2007-08 PR |
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
8 |
9 |
10 |
11 |
12 |
13 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
5,82,871 |
8,62,833 |
-2,79,962 |
6,67,757 |
10,36,289 |
-3,68,532 |
|
II. |
Invisibles (a+b+c) |
5,17,146 |
2,81,567 |
2,35,579 |
5,96,954 |
2,97,336 |
2,99,618 |
|
|
a) |
Services |
3,33,093 |
2,00,029 |
1,33,064 |
3,61,932 |
2,10,873 |
1,51,059 |
|
|
|
i) |
Travel |
41,127 |
30,249 |
10,878 |
45,524 |
37,173 |
8,351 |
|
|
|
ii) |
Transportation |
36,049 |
36,504 |
-455 |
40,200 |
46,277 |
-6,077 |
|
|
|
iii) |
Insurance |
5,403 |
2,903 |
2,500 |
6,587 |
4,194 |
2,393 |
|
|
|
iv) |
G.n.i.e. |
1,143 |
1,825 |
-682 |
1,330 |
1,520 |
-190 |
|
|
|
v) |
Miscellaneous |
2,49,371 |
1,28,548 |
1,20,823 |
2,68,291 |
1,21,709 |
1,46,582 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
1,41,356 |
10,212 |
1,31,144 |
1,62,020 |
12,299 |
1,49,721 |
|
|
|
|
Business Services |
65,738 |
71,500 |
-5,762 |
67,424 |
67,105 |
319 |
|
|
|
|
Financial Services |
14,010 |
13,460 |
550 |
12,918 |
12,581 |
337 |
|
|
|
|
Communication Services |
10,227 |
3,589 |
6,638 |
9,683 |
3,459 |
6,224 |
|
|
b) |
Transfers |
1,42,037 |
6,288 |
1,35,749 |
1,77,737 |
9,290 |
1,68,447 |
|
|
|
i) |
Official |
2,864 |
1,723 |
1,141 |
3,025 |
2,073 |
952 |
|
|
|
ii) |
Private |
1,39,173 |
4,565 |
1,34,608 |
1,74,712 |
7,217 |
1,67,495 |
|
|
c) |
Income |
42,016 |
75,250 |
-33,234 |
57,285 |
77,173 |
-19,888 |
|
|
|
i) |
Investment Income |
40,297 |
70,955 |
-30,658 |
55,438 |
72,769 |
-17,331 |
|
|
|
ii) |
Compensation of Employees |
1,719 |
4,295 |
-2,576 |
1,847 |
4,404 |
-2,557 |
|
Total Current Account (I+II) |
11,00,017 |
11,44,400 |
-44,383 |
12,64,711 |
13,33,625 |
-68,914 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
6,00,951 |
5,34,160 |
66,791 |
10,92,961 |
9,12,173 |
1,80,788 |
|
|
a) |
Foreign Direct Investment (i+ii) |
1,06,464 |
71,554 |
34,910 |
1,47,951 |
86,158 |
61,793 |
|
|
|
i) |
In India |
1,03,037 |
385 |
1,02,652 |
1,37,935 |
501 |
1,37,434 |
|
|
|
|
Equity |
74,354 |
385 |
73,969 |
1,07,753 |
433 |
1,07,320 |
|
|
|
|
Reinvested Earnings |
26,371 |
— |
26,371 |
28,859 |
— |
28,859 |
|
|
|
|
Other Capital |
2,312 |
— |
2,312 |
1,323 |
68 |
1,255 |
|
|
|
ii) |
Abroad |
3,427 |
71,169 |
-67,742 |
10,016 |
85,657 |
-75,641 |
|
|
|
|
Equity |
3,427 |
60,138 |
-56,711 |
10,016 |
67,952 |
-57,936 |
|
|
|
|
Reinvested Earnings |
— |
4,868 |
-4,868 |
— |
4,363 |
-4,363 |
|
|
|
|
Other Capital |
— |
6,163 |
-6,163 |
— |
13,342 |
-13,342 |
|
|
b) |
Portfolio Investment |
4,94,487 |
4,62,606 |
31,881 |
9,45,010 |
8,26,015 |
1,18,995 |
|
|
|
i) |
In India |
4,94,102 |
4,62,472 |
31,630 |
9,44,066 |
8,25,718 |
1,18,348 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
4,77,132 |
4,62,472 |
14,660 |
9,07,934 |
8,25,718 |
82,216 |
|
|
|
|
GDRs/ADRs |
16,961 |
— |
16,961 |
34,937 |
- |
34,937 |
|
|
|
ii) |
Abroad |
385 |
134 |
251 |
944 |
297 |
647 |
|
2. |
Loans (a+b+c) |
2,46,525 |
1,36,091 |
1,10,434 |
3,35,600 |
1,67,077 |
1,68,523 |
|
|
a) |
External Assistance |
16,978 |
9,005 |
7,973 |
17,022 |
8,557 |
8,465 |
|
|
|
i) |
By India |
90 |
144 |
-54 |
97 |
113 |
-16 |
|
|
|
ii) |
To India |
16,888 |
8,861 |
8,027 |
16,925 |
8,444 |
8,481 |
|
|
b) |
Commercial Borrowings |
93,932 |
21,567 |
72,365 |
1,22,270 |
31,090 |
91,180 |
|
|
|
i) |
By India |
2,837 |
4,361 |
-1,524 |
6,407 |
6,537 |
-130 |
|
|
|
ii) |
To India |
91,095 |
17,206 |
73,889 |
1,15,863 |
24,553 |
91,310 |
|
|
c) |
Short Term To India |
1,35,615 |
1,05,519 |
30,096 |
1,96,308 |
1,27,430 |
68,878 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
1,15,125 |
1,00,196 |
14,929 |
1,71,182 |
1,27,430 |
43,752 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
20,490 |
5,323 |
15,167 |
25,126 |
— |
25,126 |
|
3. |
Banking Capital (a+b) |
1,67,494 |
1,59,017 |
8,477 |
2,23,977 |
1,76,829 |
47,148 |
|
|
a) |
Commercial Banks |
1,65,656 |
1,58,660 |
6,996 |
2,23,661 |
1,75,115 |
48,546 |
|
|
|
i) |
Assets |
64,972 |
80,726 |
-15,754 |
78,365 |
50,733 |
27,632 |
|
|
|
ii) |
Liabilities |
1,00,684 |
77,934 |
22,750 |
1,45,296 |
1,24,382 |
20,914 |
|
|
|
|
of which: Non-Resident Deposits |
89,950 |
70,376 |
19,574 |
1,18,079 |
1,17,373 |
706 |
|
|
b) |
Others |
1,838 |
357 |
1,481 |
316 |
1,714 |
-1,398 |
|
4. |
Rupee Debt Service |
— |
725 |
-725 |
— |
488 |
-488 |
|
5. |
Other Capital |
36,797 |
18,101 |
18,696 |
83,687 |
45,885 |
37,802 |
|
Total Capital Account (1 to 5) |
10,51,767 |
8,48,094 |
2,03,673 |
17,36,225 |
13,02,452 |
4,33,773 |
C. |
ERRORS & OMISSIONS |
4,344 |
— |
4,344 |
4,830 |
— |
4,830 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
21,56,128 |
19,92,494 |
1,63,634 |
30,05,766 |
26,36,077 |
3,69,689 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
1,63,634 |
-1,63,634 |
— |
3,69,689 |
-3,69,689 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
1,63,634 |
-1,63,634 |
— |
3,69,689 |
-3,69,689 |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. crore) |
Items |
Apr-Jun 2006 PR |
Jul-Sep 2006 PR |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
14 |
15 |
16 |
17 |
18 |
19 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
1,34,880 |
2,11,953 |
–77,073 |
1,51,636 |
2,25,903 |
-74,267 |
|
II. |
Invisibles (a+b+c) |
1,13,377 |
56,479 |
56,898 |
1,15,305 |
67,687 |
47,618 |
|
|
a) |
Services |
72,944 |
38,537 |
34,407 |
76,122 |
46,213 |
29,909 |
|
|
|
i) |
Travel |
7,766 |
6,766 |
1,000 |
8,328 |
8,398 |
-70 |
|
|
|
ii) |
Transportation |
7,798 |
9,081 |
-1,283 |
9,149 |
9,172 |
-23 |
|
|
|
iii) |
Insurance |
1,082 |
587 |
495 |
1,461 |
714 |
747 |
|
|
|
iv) |
G.n.i.e. |
182 |
359 |
-177 |
283 |
566 |
-283 |
|
|
|
v) |
Miscellaneous |
56,116 |
21,744 |
34,372 |
56,901 |
27,363 |
29,538 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
32,007 |
1,887 |
30,120 |
33,020 |
1,878 |
31,142 |
|
|
|
|
Business Services |
15,396 |
12,032 |
3,364 |
15,933 |
15,302 |
631 |
|
|
|
|
Financial Services |
2,314 |
1,446 |
868 |
3,320 |
3,260 |
60 |
|
|
|
|
Communication Services |
2,160 |
491 |
1,669 |
2,638 |
835 |
1,803 |
|
|
b) |
Transfers |
32,603 |
1,314 |
31,289 |
28,833 |
1,674 |
27,159 |
|
|
|
i) |
Official |
314 |
373 |
-59 |
552 |
464 |
88 |
|
|
|
ii) |
Private |
32,289 |
941 |
31,348 |
28,281 |
1,210 |
27,071 |
|
|
c) |
Income |
7,830 |
16,628 |
-8,798 |
10,350 |
19,800 |
-9,450 |
|
|
|
i) |
Investment Income |
7,544 |
15,737 |
-8,193 |
10,016 |
18,743 |
-8,727 |
|
|
|
ii) |
Compensation of Employees |
286 |
891 |
-605 |
334 |
1,057 |
-723 |
|
Total Current Account (I+II) |
2,48,257 |
2,68,432 |
-20,175 |
2,66,941 |
2,93,590 |
-26,649 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
1,55,960 |
150,357 |
5,603 |
1,04,262 |
84,482 |
19,780 |
|
|
a) |
Foreign Direct Investment (i+ii) |
15,810 |
7,906 |
7,904 |
21,074 |
11,263 |
9,811 |
|
|
|
i) |
In India |
15,519 |
36 |
15,483 |
20,402 |
9 |
20,393 |
|
|
|
|
Equity |
8,849 |
36 |
8,813 |
13,382 |
9 |
13,373 |
|
|
|
|
Reinvested Earnings |
6,625 |
— |
6,625 |
6,756 |
— |
6,756 |
|
|
|
|
Other Capital |
45 |
— |
45 |
264 |
— |
264 |
|
|
|
ii) |
Abroad |
291 |
7,870 |
-7,579 |
672 |
11,254 |
-10,582 |
|
|
|
|
Equity |
291 |
5,406 |
-5,115 |
672 |
8,662 |
-7,990 |
|
|
|
|
Reinvested Earnings |
— |
1,223 |
-1,223 |
— |
1,247 |
-1,247 |
|
|
|
|
Other Capital |
— |
1,241 |
-1,241 |
— |
1,345 |
-1,345 |
|
|
b) |
Portfolio Investment |
1,40,150 |
1,42,451 |
-2,301 |
83,188 |
73,219 |
9,969 |
|
|
|
i) |
In India |
1,40,055 |
1,42,446 |
-2,391 |
83,137 |
73,214 |
9,923 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,34,321 |
1,42,446 |
-8,125 |
81,004 |
73,214 |
7,790 |
|
|
|
|
GDRs/ADRs |
5,734 |
— |
5,734 |
2,133 |
— |
2,133 |
|
|
|
ii) |
Abroad |
95 |
5 |
90 |
51 |
5 |
46 |
|
2. |
Loans (a+b+c) |
52,288 |
28,591 |
23,697 |
52,065 |
29,890 |
22,175 |
|
|
a) |
External Assistance |
2,624 |
2,391 |
233 |
3,654 |
2,082 |
1,572 |
|
|
|
i) |
By India |
23 |
36 |
-13 |
23 |
37 |
-14 |
|
|
|
ii) |
To India |
2,601 |
2,355 |
246 |
3,631 |
2,045 |
1,586 |
|
|
b) |
Commercial Borrowings |
22,968 |
4,879 |
18,089 |
12,428 |
4,266 |
8,162 |
|
|
|
i) |
By India |
396 |
1,014 |
-618 |
529 |
788 |
-259 |
|
|
|
ii) |
To India |
22,572 |
3,865 |
18,707 |
11,899 |
3,478 |
8,421 |
|
|
c) |
Short Term To India |
26,696 |
21,321 |
5,375 |
35,983 |
23,542 |
12,441 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
23,108 |
21,321 |
1,787 |
30,507 |
23,542 |
6,965 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
3,588 |
— |
3,588 |
5,476 |
— |
5,476 |
|
3. |
Banking Capital (a+b) |
45,057 |
22,044 |
23,013 |
26,682 |
34,648 |
-7,966 |
|
|
a) |
Commercial Banks |
44,730 |
22,044 |
22,686 |
26,682 |
34,444 |
-7,762 |
|
|
|
i) |
Assets |
23,904 |
8,535 |
15,369 |
7,271 |
16,475 |
-9,204 |
|
|
|
ii) |
Liabilities |
20,826 |
13,509 |
7,317 |
19,411 |
17,969 |
1,442 |
|
|
|
|
of which: Non-Resident Deposits |
19,307 |
13,387 |
5,920 |
19,406 |
15,196 |
4,210 |
|
|
b) |
Others |
327 |
— |
327 |
— |
204 |
-204 |
|
4. |
Rupee Debt Service |
— |
305 |
-305 |
— |
— |
— |
|
5. |
Other Capital |
1,555 |
4,793 |
-3,238 |
5,027 |
2,569 |
2,458 |
|
Total Capital Account (1 to 5) |
2,54,860 |
2,06,090 |
48,770 |
1,88,036 |
1,51,589 |
36,447 |
C. |
ERRORS & OMISSIONS |
411 |
— |
411 |
728 |
— |
728 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
5,03,528 |
4,74,522 |
29,006 |
4,55,705 |
4,45,179 |
10,526 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
29,006 |
-29,006 |
— |
10,526 |
-10,526 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
29,006 |
-29,006 |
— |
10,526 |
-10,526 |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. crore) |
Items |
Oct-Dec 2006 PR |
Jan-Mar 2007 P |
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
20 |
21 |
22 |
23 |
24 |
25 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
1,38,660 |
2,12,583 |
-73,923 |
1,57,695 |
2,12,394 |
-54,699 |
|
II. |
Invisibles (a+b+c) |
1,33,622 |
75,911 |
57,711 |
1,54,842 |
81,490 |
73,352 |
|
|
a) |
Services |
83,001 |
55,650 |
27,351 |
1,01,026 |
59,629 |
41,397 |
|
|
|
i) |
Travel |
11,790 |
7,368 |
4,422 |
13,243 |
7,717 |
5,526 |
|
|
|
ii) |
Transportation |
9,411 |
9,456 |
-45 |
9,691 |
8,795 |
896 |
|
|
|
iii) |
Insurance |
1,296 |
904 |
392 |
1,564 |
698 |
866 |
|
|
|
iv) |
G.n.i.e. |
391 |
436 |
-45 |
287 |
464 |
-177 |
|
|
|
v) |
Miscellaneous |
60,113 |
37,486 |
22,627 |
76,241 |
41,955 |
34,286 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
34,197 |
3,077 |
31,120 |
42,132 |
3,370 |
38,762 |
|
|
|
|
Business Services |
16,599 |
19,195 |
-2,596 |
17,810 |
24,971 |
-7,161 |
|
|
|
|
Financial Services |
3,725 |
2,910 |
815 |
4,651 |
5,844 |
-1,193 |
|
|
|
|
Communication Services |
2,686 |
1,075 |
1,611 |
2,743 |
1,188 |
1,555 |
|
|
b) |
Transfers |
40,311 |
1,498 |
38,813 |
40,290 |
1,802 |
38,488 |
|
|
|
i) |
Official |
1,291 |
400 |
891 |
707 |
486 |
221 |
|
|
|
ii) |
Private |
39,020 |
1,098 |
37,922 |
39,583 |
1,316 |
38,267 |
|
|
c) |
Income |
10,310 |
18,763 |
-8,453 |
13,526 |
20,059 |
-6,533 |
|
|
|
i) |
Investment Income |
9,865 |
17,706 |
-7,841 |
12,872 |
18,769 |
-5,897 |
|
|
|
ii) |
Compensation of Employees |
445 |
1,057 |
-612 |
654 |
1,290 |
-636 |
|
Total Current Account (I+II) |
2,72,282 |
2,88,494 |
-16,212 |
3,12,537 |
2,93,884 |
18,653 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
1,73,846 |
1,44,755 |
29,091 |
1,66,883 |
1,54,566 |
12,317 |
|
|
a) |
Foreign Direct Investment (i+ii) |
45,020 |
31,983 |
13,037 |
24,560 |
20,402 |
4,158 |
|
|
|
i) |
In India |
44,332 |
31 |
44,301 |
22,784 |
309 |
22,475 |
|
|
|
|
Equity |
36,901 |
31 |
36,870 |
15,222 |
309 |
14,913 |
|
|
|
|
Reinvested Earnings |
6554 |
— |
6,554 |
6,436 |
— |
6,436 |
|
|
|
|
Other Capital |
877 |
— |
877 |
1,126 |
— |
1,126 |
|
|
|
ii) |
Abroad |
688 |
31952 |
-31,264 |
1,776 |
20,093 |
-18,317 |
|
|
|
|
Equity |
688 |
29,033 |
-28,345 |
1,776 |
17,037 |
-15,261 |
|
|
|
|
Reinvested Earnings |
— |
1,210 |
-1,210 |
— |
1,188 |
-1,188 |
|
|
|
|
Other Capital |
— |
1,709 |
-1,709 |
— |
1,868 |
-1,868 |
|
|
b) |
Portfolio Investment |
1,28,826 |
1,12,772 |
16,054 |
1,42,323 |
1,34,164 |
8,159 |
|
|
|
i) |
In India |
1,28,768 |
1,12,745 |
16,023 |
1,42,142 |
1,34,067 |
8,075 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,27,837 |
1,12,745 |
15,092 |
1,33,970 |
1,34,067 |
-97 |
|
|
|
|
GDRs/ADRs |
931 |
— |
931 |
8,163 |
— |
8,163 |
|
|
|
ii) |
Abroad |
58 |
27 |
31 |
181 |
97 |
84 |
|
2. |
Loans (a+b+c) |
66,266 |
37,112 |
29,154 |
75,906 |
40,498 |
35,408 |
|
|
a) |
External Assistance |
5,006 |
2,222 |
2,784 |
5,694 |
2,310 |
3,384 |
|
|
|
i) |
By India |
22 |
36 |
-14 |
22 |
35 |
-13 |
|
|
|
ii) |
To India |
4,984 |
2,186 |
2,798 |
5,672 |
2,275 |
3,397 |
|
|
b) |
Commercial Borrowings |
24,373 |
6,158 |
18,215 |
34,163 |
6,264 |
27,899 |
|
|
|
i) |
By India |
1,912 |
1,552 |
360 |
— |
1,007 |
-1,007 |
|
|
|
ii) |
To India |
22,461 |
4,606 |
17,855 |
34,163 |
5,257 |
28,906 |
|
|
c) |
Short Term To India |
36,887 |
28,732 |
8,155 |
36,049 |
31,924 |
4,125 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
25,461 |
28,732 |
-3,271 |
36,049 |
26,601 |
9,448 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
11,426 |
— |
11,426 |
— |
5,323 |
-5,323 |
|
3. |
Banking Capital (a+b) |
32,209 |
46,213 |
-14,004 |
63,546 |
56,112 |
7,434 |
|
|
a) |
Commercial Banks |
31,237 |
46,060 |
-14,823 |
63,007 |
56,112 |
6,895 |
|
|
|
i) |
Assets |
2,501 |
20,378 |
-17,877 |
31,296 |
35,338 |
-4,042 |
|
|
|
ii) |
Liabilities |
28,736 |
25,682 |
3,054 |
31,711 |
20,774 |
10,937 |
|
|
|
|
of which: Non-Resident Deposits |
28,453 |
21,871 |
6,582 |
22,784 |
19,922 |
2,862 |
|
|
b) |
Others |
972 |
153 |
819 |
539 |
— |
539 |
|
4. |
Rupee Debt Service |
— |
9 |
-9 |
— |
411 |
-411 |
|
5. |
Other Capital |
8,889 |
4,471 |
4,418 |
21,326 |
6,268 |
15,058 |
|
Total Capital Account (1 to 5) |
2,81,210 |
2,32,560 |
48,650 |
3,27,661 |
2,57,855 |
69,806 |
C. |
ERRORS & OMISSIONS |
1,323 |
— |
1,323 |
1,882 |
— |
1,882 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
5,54,815 |
5,21,054 |
33,761 |
6,42,080 |
5,51,739 |
90,341 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
33,761 |
–33,761 |
— |
90,341 |
-90,341 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
33,761 |
-33,761 |
— |
90,341 |
-90,341 |
|
|
No. 42: India's Overall Balance of Payments (Contd.)
|
(Rs. crore)
|
Items
|
Apr-Jun 2007 PR
|
Jul-Sep 2007 PR
|
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
26 |
27 |
28 |
29 |
30 |
31 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
1,41,665 |
2,32,339 |
-90,674 |
1,55,101 |
2,41,164 |
-86,063 |
|
II. |
Invisibles (a+b+c) |
1,23,208 |
60,079 |
63,129 |
1,37,838 |
69,189 |
68,649 |
|
|
a) |
Services |
77,892 |
40,889 |
37,003 |
83,430 |
46,964 |
36,466 |
|
|
|
i) |
Travel |
8,610 |
7,859 |
751 |
9,110 |
8,295 |
815 |
|
|
|
ii) |
Transportation |
8,053 |
10,416 |
-2,363 |
8,474 |
10,370 |
-1,896 |
|
|
|
iii) |
Insurance |
1,538 |
763 |
775 |
1,382 |
1,151 |
231 |
|
|
|
iv) |
G.n.i.e. |
388 |
454 |
–66 |
276 |
519 |
-243 |
|
|
|
v) |
Miscellaneous |
59,303 |
21,397 |
37,906 |
64,188 |
26,629 |
37,559 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
36,435 |
2,800 |
33,635 |
36,675 |
3,246 |
33,429 |
|
|
|
|
Business Services |
15,496 |
13,042 |
2,454 |
15,780 |
14,334 |
1,446 |
|
|
|
|
Financial Services |
2,177 |
1,851 |
326 |
3,712 |
2,845 |
867 |
|
|
|
|
Communication Services |
2,115 |
953 |
1,162 |
2,484 |
729 |
1,755 |
|
|
b) |
Transfers |
35,577 |
1,781 |
33,796 |
39,341 |
1,654 |
37,687 |
|
|
|
i) |
Official |
631 |
680 |
-49 |
640 |
454 |
186 |
|
|
|
ii) |
Private |
34,946 |
1,101 |
33,845 |
38,701 |
1,200 |
37,501 |
|
|
c) |
Income |
9,739 |
17,409 |
-7,670 |
15,067 |
20,571 |
-5,504 |
|
|
|
i) |
Investment Income |
9,397 |
16,593 |
-7,196 |
14,621 |
19,363 |
-4,742 |
|
|
|
ii) |
Compensation of Employees |
342 |
816 |
-474 |
446 |
1,208 |
-762 |
|
Total Current Account (I+II) |
2,64,873 |
2,92,418 |
-27,545 |
2,92,939 |
3,10,353 |
-17,414 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
1,77,448 |
1,35,067 |
42,381 |
2,19,666 |
1,66,874 |
52,792 |
|
|
a) |
Foreign Direct Investment (i+ii) |
34,101 |
22,818 |
11,283 |
22,297 |
13,673 |
8,624 |
|
|
|
i) |
In India |
30,831 |
82 |
30,749 |
19,160 |
77 |
19,083 |
|
|
|
|
Equity |
22,984 |
82 |
22,902 |
11,436 |
77 |
11,359 |
|
|
|
|
Reinvested Earnings |
7,389 |
— |
7,389 |
7,262 |
— |
7,262 |
|
|
|
|
Other Capital |
458 |
— |
458 |
462 |
— |
462 |
|
|
|
ii) |
Abroad |
3,270 |
22,736 |
-19,466 |
3,137 |
13,596 |
-10,459 |
|
|
|
|
Equity |
3,270 |
19,619 |
-16,349 |
3,137 |
10,192 |
-7,055 |
|
|
|
|
Reinvested Earnings |
— |
1,117 |
-1,117 |
— |
1,098 |
-1,098 |
|
|
|
|
Other Capital |
— |
2,000 |
-2,000 |
— |
2,306 |
-2,306 |
|
|
b) |
Portfolio Investment |
1,43,347 |
1,12,249 |
31,098 |
1,97,369 |
1,53,201 |
44,168 |
|
|
|
i) |
In India |
1,43,108 |
1,12,224 |
30,884 |
1,97,349 |
1,53,108 |
44,241 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,41,455 |
1,12,224 |
29,231 |
1,87,221 |
1,53,108 |
34,113 |
|
|
|
|
GDRs/ADRs |
1,303 |
— |
1,303 |
10,038 |
— |
10,038 |
|
|
|
ii) |
Abroad |
239 |
25 |
214 |
20 |
93 |
-73 |
|
2. |
Loans (a+b+c) |
69,064 |
31,311 |
37,753 |
80,003 |
42,296 |
37,707 |
|
|
a) |
External Assistance |
3,019 |
2,025 |
994 |
3,983 |
2,087 |
1,896 |
|
|
|
i) |
By India |
25 |
29 |
-4 |
24 |
28 |
-4 |
|
|
|
ii) |
To India |
2,994 |
1,996 |
998 |
3,959 |
2,059 |
1,900 |
|
|
b) |
Commercial Borrowings |
34,187 |
5,518 |
28,669 |
25,490 |
8,429 |
17,061 |
|
|
|
i) |
By India |
1,480 |
1,423 |
57 |
1,795 |
2,038 |
-243 |
|
|
|
ii) |
To India |
32,707 |
4,095 |
28,612 |
23,695 |
6,391 |
17,304 |
|
|
c) |
Short Term To India |
31,858 |
23,768 |
8,090 |
50,530 |
31,780 |
18,750 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
28,382 |
23,768 |
4,614 |
44,626 |
31,780 |
12,846 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
3,476 |
— |
3,476 |
5,904 |
— |
5,904 |
|
3. |
Banking Capital (a+b) |
35,297 |
39,086 |
-3,789 |
55,576 |
28,656 |
26,920 |
|
|
a) |
Commercial Banks |
35,297 |
39,061 |
-3,764 |
55,479 |
28,368 |
27,111 |
|
|
|
i) |
Assets |
10,486 |
11,797 |
-1,311 |
17,847 |
1,451 |
16,396 |
|
|
|
ii) |
Liabilities |
24,811 |
27,264 |
-2,453 |
37,632 |
26,917 |
10,715 |
|
|
|
|
of which: Non-Resident Deposits |
21,656 |
23,499 |
-1,843 |
28,266 |
26,771 |
1,495 |
|
|
b) |
Others |
— |
25 |
-25 |
97 |
288 |
-191 |
|
4. |
Rupee Debt Service |
— |
177 |
-177 |
— |
8 |
-8 |
|
5. |
Other Capital |
4,746 |
7,550 |
-2,804 |
29,899 |
12,952 |
16,947 |
|
Total Capital Account (1 to 5) |
2,86,555 |
2,13,191 |
73,364 |
3,85,144 |
2,50,786 |
1,34,358 |
C. |
ERRORS & OMISSIONS |
364 |
— |
364 |
1,535 |
— |
1,535 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
5,51,792 |
5,05,609 |
46,183 |
6,79,618 |
5,61,139 |
1,18,479 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
46,183 |
-46,183 |
— |
1,18,479 |
-1,18,479 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
46,183 |
-46,183 |
— |
1,18,479 |
-1,18,479 |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. Crore) |
Items |
Oct-Dec 2007 PR |
Jan-Mar 2008 P |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
32 |
33 |
34 |
35 |
36 |
37 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
1,61,737 |
2,64,548 |
-1,02,811 |
2,09,254 |
2,98,238 |
-88,984 |
|
II. |
Invisibles (a+b+c) |
1,56,086 |
71,154 |
84,932 |
1,79,823 |
96,914 |
82,909 |
|
|
a) |
Services |
97,149 |
49,691 |
47,458 |
1,03,462 |
73,329 |
30,133 |
|
|
|
i) |
Travel |
13397 |
9,941 |
3,456 |
14,407 |
11,078 |
3,329 |
|
|
|
ii) |
Transportation |
11,046 |
12,008 |
-962 |
12,627 |
13,483 |
-856 |
|
|
|
iii) |
Insurance |
1,728 |
1,030 |
698 |
1,939 |
1,250 |
689 |
|
|
|
iv) |
G.n.i.e. |
355 |
296 |
59 |
311 |
251 |
60 |
|
|
|
v) |
Miscellaneous |
70,622 |
26,416 |
44,206 |
74,178 |
47,267 |
26,911 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
37,915 |
3,362 |
34,553 |
50,995 |
2,891 |
48,104 |
|
|
|
|
Business Services |
18,105 |
16,752 |
1,353 |
18,043 |
22,977 |
-4,934 |
|
|
|
|
Financial Services |
3,481 |
3,011 |
470 |
3,548 |
4,874 |
-1,326 |
|
|
|
|
Communication Services |
2,372 |
722 |
1,650 |
2,712 |
1,055 |
1,657 |
|
|
b) |
Transfers |
45,098 |
1,945 |
43,153 |
57,721 |
3,910 |
53,811 |
|
|
|
i) |
Official |
770 |
477 |
293 |
984 |
462 |
522 |
|
|
|
ii) |
Private |
44,328 |
1,468 |
42,860 |
56,737 |
3,448 |
53,289 |
|
|
c) |
Income |
13,839 |
19,518 |
-5,679 |
18,640 |
19,675 |
-1,035 |
|
|
|
i) |
Investment Income |
13,421 |
18,464 |
-5,043 |
17,999 |
18,349 |
-350 |
|
|
|
ii) |
Compensation of Employees |
418 |
1,054 |
-636 |
641 |
1,326 |
-685 |
|
Total Current Account (I+II) |
3,17,823 |
3,35,702 |
-17,879 |
3,89,077 |
3,95,152 |
-6,075 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
3,41,473 |
2,74,812 |
66,661 |
3,54,374 |
3,35,420 |
18,954 |
|
|
a) |
Foreign Direct Investment (i+ii) |
32,817 |
24,762 |
8,055 |
58,736 |
24,905 |
33,831 |
|
|
|
i) |
In India |
31,239 |
170 |
31,069 |
56,705 |
172 |
56,533 |
|
|
|
|
Equity |
23,764 |
170 |
23,594 |
49,569 |
104 |
49,465 |
|
|
|
|
Reinvested Earnings |
7,072 |
— |
7,072 |
7,136 |
— |
7,136 |
|
|
|
|
Other Capital |
403 |
— |
403 |
— |
68 |
-68 |
|
|
|
ii) |
Abroad |
1,578 |
24,592 |
-23,014 |
2,031 |
24,733 |
-22,702 |
|
|
|
|
Equity |
1,578 |
20,544 |
-18,966 |
2,031 |
17,597 |
-15,566 |
|
|
|
|
Reinvested Earnings |
— |
1,069 |
-1,069 |
— |
1,079 |
-1,079 |
|
|
|
|
Other Capital |
— |
2,979 |
-2,979 |
— |
6,057 |
-6,057 |
|
|
b) |
Portfolio Investment |
3,08,656 |
2,50,050 |
58,606 |
2,95,638 |
3,10,515 |
-14,877 |
|
|
|
i) |
In India |
3,08,186 |
2,49,975 |
58,211 |
2,95,423 |
3,10,411 |
-14,988 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
2,85,349 |
2,49,975 |
35,374 |
2,93,909 |
3,10,411 |
-16,502 |
|
|
|
|
GDRs/ADRs |
22,087 |
— |
22,087 |
1,509 |
— |
1,509 |
|
|
|
ii) |
Abroad |
470 |
75 |
395 |
215 |
104 |
111 |
|
2. |
Loans (a+b+c) |
85,014 |
41,834 |
43,180 |
1,01,519 |
51,636 |
49,883 |
|
|
a) |
External Assistance |
4,377 |
2,147 |
2,230 |
5,643 |
2,298 |
3,345 |
|
|
|
i) |
By India |
24 |
28 |
-4 |
24 |
28 |
-4 |
|
|
|
ii) |
To India |
4,353 |
2,119 |
2,234 |
5,619 |
2,270 |
3,349 |
|
|
b) |
Commercial Borrowings |
33,341 |
8,689 |
24,652 |
29,252 |
8,454 |
20,798 |
|
|
|
i) |
By India |
1,432 |
1,515 |
-83 |
1,700 |
1,561 |
139 |
|
|
|
ii) |
To India |
31,909 |
7,174 |
24,735 |
27,552 |
6,893 |
20,659 |
|
|
c) |
Short Term To India |
47,296 |
30,998 |
16,298 |
66,624 |
40,884 |
25,740 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
40,374 |
30,998 |
9,376 |
57,800 |
40,884 |
16,916 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
6,922 |
— |
6,922 |
8,824 |
— |
8,824 |
|
3. |
Banking Capital (a+b) |
49,675 |
48,858 |
817 |
83,429 |
60,229 |
23,200 |
|
|
a) |
Commercial Banks |
49,663 |
47,469 |
2,194 |
83,222 |
60,217 |
23,005 |
|
|
|
i) |
Assets |
22,241 |
15,544 |
6,697 |
27,791 |
21,941 |
5,850 |
|
|
|
ii) |
Liabilities |
27,422 |
31,925 |
-4,503 |
55,431 |
38,276 |
17,155 |
|
|
|
|
of which: Non-Resident Deposits |
25,477 |
28,843 |
-3,366 |
42,680 |
38,260 |
4,420 |
|
|
b) |
Others |
12 |
1,389 |
-1,377 |
207 |
12 |
195 |
|
4. |
Rupee Debt Service |
— |
— |
— |
— |
303 |
-303 |
|
5. |
Other Capital |
26,093 |
14,349 |
11,744 |
22,949 |
11,034 |
11,915 |
|
Total Capital Account (1 to 5) |
5,02,255 |
3,79,853 |
1,22,402 |
5,62,271 |
4,58,622 |
1,03,649 |
C. |
ERRORS & OMISSIONS |
992 |
— |
992 |
1,938 |
— |
1,938 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
8,21,070 |
7,15,555 |
1,05,515 |
9,53,286 |
8,53,774 |
99,512 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
1,05,515 |
-1,05,515 |
— |
99,512 |
–99,512 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
1,05,515 |
-1,05,515 |
— |
99,512 |
-99,512 |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. crore) |
Items |
Apr-Jun 2008 PR |
Jul-Sep 2008 PR |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
38 |
39 |
40 |
41 |
42 |
43 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
2,04,614 |
3,31,735 |
-1,27,121 |
2,08,829 |
3,77,437 |
-1,68,608 |
|
II. |
Invisibles (a+b+c) |
1,59,768 |
70,120 |
89,648 |
1,97,850 |
85,406 |
1,12,444 |
|
|
a) |
Services |
93,618 |
48,854 |
44,764 |
1,19,642 |
60,145 |
59,497 |
|
|
|
i) |
Travel |
10,431 |
9,014 |
1,417 |
12,197 |
11,838 |
359 |
|
|
|
ii) |
Transportation |
10,539 |
13,863 |
-3,324 |
12,696 |
16,391 |
-3,695 |
|
|
|
iii) |
Insurance |
1,458 |
950 |
508 |
1,594 |
1,340 |
254 |
|
|
|
iv) |
G.n.i.e. |
542 |
458 |
84 |
355 |
416 |
-61 |
|
|
|
v) |
Miscellaneous |
70,648 |
24,569 |
46,079 |
92,800 |
30,160 |
62,640 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
48,554 |
3,570 |
44,984 |
53,499 |
4,045 |
49,454 |
|
|
|
|
Business Services |
14,788 |
13,026 |
1,762 |
21,189 |
15,459 |
5,730 |
|
|
|
|
Financial Services |
2,537 |
2,616 |
-79 |
7,311 |
4,225 |
3,086 |
|
|
|
|
Communication Services |
2,124 |
941 |
1,183 |
3,240 |
1,296 |
1,944 |
|
|
b) |
Transfers |
51,266 |
2,741 |
48,525 |
60,061 |
3,643 |
56,418 |
|
|
|
i) |
Official |
617 |
462 |
155 |
223 |
438 |
-215 |
|
|
|
ii) |
Private |
50,649 |
2,279 |
48,370 |
59,838 |
3,205 |
56,633 |
|
|
c) |
Income |
14,884 |
18,525 |
-3,641 |
18,147 |
21,618 |
-3,471 |
|
|
|
i) |
Investment Income |
14,238 |
17,150 |
-2,912 |
16,877 |
20,165 |
-3,288 |
|
|
|
ii) |
Compensation of Employees |
646 |
1,375 |
-729 |
1,270 |
1,453 |
-183 |
|
Total Current Account (I+II) |
3,64,382 |
4,01,855 |
-37,473 |
4,06,679 |
4,62,843 |
-56,164 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
2,20,427 |
2,00,524 |
19,903 |
2,27,143 |
2,08,518 |
18,625 |
|
|
a) |
Foreign Direct Investment (i+ii) |
50,621 |
13,176 |
37,445 |
40,506 |
16,146 |
24,360 |
|
|
|
i) |
In India |
49,625 |
92 |
49,533 |
38,676 |
228 |
38,448 |
|
|
|
|
Equity |
42,656 |
92 |
42,564 |
31,977 |
228 |
31,749 |
|
|
|
|
Reinvested Earnings |
6,257 |
— |
6,257 |
6,576 |
— |
6,576 |
|
|
|
|
Other Capital |
712 |
— |
712 |
123 |
— |
123 |
|
|
|
ii) |
Abroad |
996 |
13,084 |
-12,088 |
1,830 |
15,918 |
-14,088 |
|
|
|
|
Equity |
996 |
9,743 |
-8,747 |
1,830 |
12,495 |
-10,665 |
|
|
|
|
Reinvested Earnings |
— |
1,129 |
-1,129 |
— |
1186 |
-1,186 |
|
|
|
|
Other Capital |
— |
2,212 |
-2,212 |
— |
2,237 |
-2,237 |
|
|
b) |
Portfolio Investment |
1,69,806 |
1,87,348 |
-17,542 |
1,86,637 |
1,92,372 |
-5,735 |
|
|
|
i) |
In India |
1,69,727 |
1,87,131 |
-17,404 |
1,86,580 |
1,92,276 |
-5,696 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,65,566 |
1,87,131 |
-21,565 |
1,85,984 |
1,92,276 |
-6,292 |
|
|
|
|
GDRs/ADRs |
4,161 |
— |
4,161 |
595 |
— |
595 |
|
|
|
ii) |
Abroad |
79 |
217 |
-138 |
57 |
96 |
-39 |
|
2. |
Loans (a+b+c) |
57,706 |
40,093 |
17,613 |
71,541 |
55,950 |
15,591 |
|
|
a) |
External Assistance |
3,787 |
2,324 |
1,463 |
4,794 |
2,526 |
2,268 |
|
|
|
i) |
By India |
25 |
33 |
-8 |
26 |
35 |
-9 |
|
|
|
ii) |
To India |
3,762 |
2,291 |
1,471 |
4,768 |
2,491 |
2,277 |
|
|
b) |
Commercial Borrowings |
11,530 |
5,365 |
6,165 |
15,923 |
8,257 |
7,666 |
|
|
|
i) |
By India |
1,683 |
804 |
879 |
2,329 |
604 |
1,725 |
|
|
|
ii) |
To India |
9,847 |
4,561 |
5,286 |
13,594 |
7,653 |
5,941 |
|
|
c) |
Short Term To India |
42,389 |
32,404 |
9,985 |
50,824 |
45,167 |
5,657 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
38,557 |
32,404 |
6,153 |
50,824 |
42,755 |
8,069 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
3,832 |
— |
3,832 |
— |
2,412 |
-2,412 |
|
3. |
Banking Capital (a+b) |
91,443 |
80,212 |
11,231 |
70,988 |
61,659 |
9,329 |
|
|
a) |
Commercial Banks |
91,443 |
79,583 |
11,860 |
70,988 |
61,646 |
9,342 |
|
|
|
i) |
Assets |
47,725 |
43,876 |
3,849 |
28,220 |
22,564 |
5,656 |
|
|
|
ii) |
Liabilities |
43,718 |
35,707 |
8,011 |
42,768 |
39,082 |
3,686 |
|
|
|
|
of which: Non-Resident Deposits |
37,753 |
34,362 |
3,391 |
40,163 |
39,030 |
1,133 |
|
|
b) |
Others |
— |
629 |
-629 |
— |
13 |
-13 |
|
4. |
Rupee Debt Service |
— |
125 |
-125 |
— |
13 |
-13 |
|
5. |
Other Capital |
9,889 |
12,176 |
-2,287 |
3,861 |
13,016 |
-9,155 |
|
Total Capital Account (1 to 5) |
3,79,465 |
3,33,130 |
46,335 |
3,73,533 |
3,39,156 |
34,377 |
C. |
ERRORS & OMISSIONS |
448 |
— |
448 |
1,062 |
— |
1,062 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,44,295 |
7,34,985 |
9,310 |
7,81,274 |
8,01,999 |
-20,725 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
9,310 |
-9,310 |
20,725 |
— |
20,725 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
9,310 |
-9,310 |
20,725 |
— |
20,725 |
|
|
No. 42: India's Overall Balance of Payments (Contd.) |
(Rs. crore)
|
Items |
Oct-Dec 2008 P |
Oct-Dec 2007 PR |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
44 |
45 |
46 |
47 |
48 |
49 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
1,78,995 |
3,56,039 |
-1,77,044 |
1,61,737 |
2,64,548 |
-1,02,811 |
|
II. |
Invisibles (a+b+c) |
1,91,677 |
86,043 |
1,05,634 |
1,56,086 |
71,154 |
84,932 |
|
|
a) |
Services |
1,20,590 |
58,189 |
62,401 |
97,149 |
49,691 |
47,458 |
|
|
|
i) |
Travel |
14,258 |
9,699 |
4,559 |
13,397 |
9,941 |
3,456 |
|
|
|
ii) |
Transportation |
12,342 |
15,653 |
-3,311 |
11,046 |
12,008 |
-962 |
|
|
|
iii) |
Insurance |
1,677 |
1,312 |
365 |
1,728 |
1,030 |
698 |
|
|
|
iv) |
G.n.i.e. |
473 |
1,136 |
-663 |
355 |
296 |
59 |
|
|
|
v) |
Miscellaneous |
91,840 |
30,389 |
61,451 |
70,622 |
26,416 |
44,206 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
52,391 |
2,828 |
49,563 |
37,915 |
3,362 |
34,553 |
|
|
|
|
Business Services |
21,129 |
15,936 |
5,193 |
18,105 |
16,752 |
1,353 |
|
|
|
|
Financial Services |
5,418 |
3,584 |
1,834 |
3,481 |
3,011 |
470 |
|
|
|
|
Communication Services |
2,667 |
1,058 |
1,609 |
2,372 |
722 |
1650 |
|
|
b) |
Transfers |
55,527 |
4,131 |
51,396 |
45,098 |
1,945 |
43,153 |
|
|
|
i) |
Official |
1,390 |
493 |
897 |
770 |
477 |
293 |
|
|
|
ii) |
Private |
54,137 |
3,638 |
50,499 |
44,328 |
1,468 |
42,860 |
|
|
c) |
Income |
15,560 |
23,723 |
-8,163 |
13,839 |
19,518 |
-5,679 |
|
|
|
i) |
Investment Income |
14,629 |
22,114 |
-7,485 |
13,421 |
18,464 |
-5,043 |
|
|
|
ii) |
Compensation of Employees |
931 |
1,609 |
-678 |
418 |
1,054 |
-636 |
|
Total Current Account (I+II) |
3,70,672 |
4,42,082 |
-71,410 |
3,17,823 |
3,35,702 |
-17,879 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
1,63,469 |
1,87,849 |
-24,380 |
3,41,473 |
2,74,812 |
66,661 |
|
|
a) |
Foreign Direct Investment (i+ii) |
33,769 |
29,769 |
4,000 |
32,817 |
24,762 |
8,055 |
|
|
|
i) |
In India |
32,735 |
141 |
32,594 |
31,239 |
170 |
31,069 |
|
|
|
|
Equity |
20,037 |
141 |
19,896 |
23,764 |
170 |
23,594 |
|
|
|
|
Reinvested Earnings |
8,392 |
— |
8,392 |
7,072 |
— |
7,072 |
|
|
|
|
Other Capital |
4,306 |
— |
4,306 |
403 |
— |
403 |
|
|
|
ii) |
Abroad |
1,034 |
29,628 |
-28,594 |
1,578 |
24,592 |
-23,014 |
|
|
|
|
Equity |
1,034 |
21,900 |
-20,866 |
1,578 |
20,544 |
-18,966 |
|
|
|
|
Reinvested Earnings |
— |
1,321 |
-1,321 |
— |
1,069 |
-1,069 |
|
|
|
|
Other Capital |
— |
6,407 |
-6,407 |
— |
2,979 |
-2,979 |
|
|
b) |
Portfolio Investment |
1,29,700 |
1,58,080 |
-28,380 |
3,08,656 |
2,50,050 |
58,606 |
|
|
|
i) |
In India |
1,29,554 |
1,57,773 |
-28,219 |
3,08,186 |
2,49,975 |
58,211 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,29,520 |
1,57,773 |
-28,253 |
2,85,349 |
2,49,975 |
35,374 |
|
|
|
|
GDRs/ADRs |
34 |
— |
34 |
22,087 |
— |
22,087 |
|
|
|
ii) |
Abroad |
146 |
307 |
-161 |
470 |
75 |
395 |
|
2. |
Loans (a+b+c) |
82,156 |
73,706 |
8,450 |
85,014 |
41,834 |
43,180 |
|
|
a) |
External Assistance |
8,070 |
3,233 |
4,837 |
4,377 |
2,147 |
2,230 |
|
|
|
i) |
By India |
29 |
39 |
-10 |
24 |
28 |
-4 |
|
|
|
ii) |
To India |
8,041 |
3,194 |
4,847 |
4,353 |
2,119 |
2,234 |
|
|
b) |
Commercial Borrowings |
27,444 |
8,510 |
18,934 |
33,341 |
8,689 |
24,652 |
|
|
|
i) |
By India |
3,262 |
727 |
2,535 |
1,432 |
1,515 |
-83 |
|
|
|
ii) |
To India |
24,182 |
7,783 |
16,399 |
31,909 |
7,174 |
24,735 |
|
|
c) |
Short Term To India |
46,642 |
61,963 |
-15,321 |
47,296 |
30,998 |
16,298 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
46,642 |
50,504 |
-3,862 |
40,374 |
30,998 |
9,376 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
— |
11,459 |
-11,459 |
6,922 |
— |
6,922 |
|
3. |
Banking Capital (a+b) |
72,224 |
96,390 |
-24,166 |
49,675 |
48,858 |
817 |
|
|
a) |
Commercial Banks |
72,209 |
94,288 |
-22,079 |
49,663 |
47,469 |
2,194 |
|
|
|
i) |
Assets |
25,318 |
36,777 |
-11,459 |
22,241 |
15,544 |
6,697 |
|
|
|
ii) |
Liabilities |
46,891 |
57,511 |
-10,620 |
27,422 |
31,925 |
-4,503 |
|
|
|
|
of which: Non-Resident Deposits |
46,437 |
41,356 |
5,081 |
25,477 |
28,843 |
-3,366 |
|
|
b) |
Others |
15 |
2,102 |
-2,087 |
12 |
1,389 |
-1,377 |
|
4. |
Rupee Debt Service |
— |
— |
— |
— |
— |
— |
|
5. |
Other Capital |
23,294 |
1,156 |
22,138 |
26,093 |
14,349 |
11,744 |
|
Total Capital Account (1 to 5) |
3,41,143 |
3,59,101 |
-17,958 |
5,02,255 |
3,79,853 |
1,22,402 |
C. |
ERRORS & OMISSIONS |
2,175 |
— |
2,175 |
992 |
— |
992 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,13,990 |
8,01,183 |
-87,193 |
8,21,070 |
7,15,555 |
1,05,515 |
E. |
MONETARY MOVEMENTS (i+ii) |
87,193 |
— |
87,193 |
— |
1,05,515 |
-1,05,515 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
87,193 |
— |
87,193 |
— |
1,05,515 |
-1,05,515 |
|
|
No. 42: India's Overall Balance of Payments (Concld.) |
(Rs. crore)
|
Items |
Apr-Dec 2007 P |
Apr-Dec 2008 PR |
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
50 |
51 |
52 |
53 |
54 |
55 |
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. |
Merchandise |
4,58,503 |
7,38,051 |
-2,79,548 |
5,92,438 |
10,65,211 |
-4,72,773 |
|
II. |
Invisibles (a+b+c) |
4,17,131 |
2,00,422 |
2,16,709 |
5,49,295 |
2,41,569 |
3,07,726 |
|
|
a) |
Services |
2,58,470 |
1,37,544 |
1,20,926 |
3,33,850 |
1,67,188 |
1,66,662 |
|
|
|
i) |
Travel |
31,117 |
26,095 |
5,022 |
36,886 |
30,551 |
6,335 |
|
|
|
ii) |
Transportation |
27,573 |
32,794 |
-5,221 |
35,577 |
45,907 |
-10,330 |
|
|
|
iii) |
Insurance |
4,648 |
2,944 |
1,704 |
4,729 |
3,602 |
1,127 |
|
|
|
iv) |
G.n.i.e. |
1,019 |
1,269 |
-250 |
1,370 |
2,010 |
-640 |
|
|
|
v) |
Miscellaneous |
1,94,113 |
74,442 |
1,19,671 |
2,55,288 |
85,118 |
1,70,170 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
1,11,025 |
9,408 |
1,01,617 |
1,54,444 |
10,443 |
1,44,001 |
|
|
|
|
Business Services |
49,381 |
44,128 |
5,253 |
57,106 |
44,421 |
12,685 |
|
|
|
|
Financial Services |
9,370 |
7,707 |
1,663 |
15,266 |
10,425 |
4,841 |
|
|
|
|
Communication Services |
6,971 |
2,404 |
4,567 |
8,031 |
3,295 |
4,736 |
|
|
b) |
Transfers |
1,20,016 |
5,380 |
1,14,636 |
1,66,854 |
10,515 |
1,56,339 |
|
|
|
i) |
Official |
2,041 |
1611 |
430 |
2,230 |
1,393 |
837 |
|
|
|
ii) |
Private |
1,17,975 |
3,769 |
1,14,206 |
1,64,624 |
9,122 |
1,55,502 |
|
|
c) |
In |
come |
38,645 |
57,498 |
-18,853 |
48,591 |
63,866 |
-15,275 |
|
|
|
i) |
Investment Income |
37,439 |
54,420 |
-16,981 |
45,744 |
59,429 |
-13,685 |
|
|
|
ii) |
Compensation of Employees |
1,206 |
3,078 |
-1,872 |
2,847 |
4,437 |
-1,590 |
|
Total Current Account (I+II) |
8,75,634 |
9,38,473 |
-62,839 |
11,41,733 |
13,06,780 |
-1,65,047 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. |
Foreign Investment (a+b) |
7,38,587 |
5,76,753 |
1,61,834 |
6,11,039 |
5,96,891 |
14,148 |
|
|
a) |
Foreign Direct Investment (i+ii) |
89,215 |
61,253 |
27,962 |
1,24,896 |
59,091 |
65,805 |
|
|
|
i) |
In India |
81,230 |
329 |
80,901 |
1,21,036 |
461 |
1,20,575 |
|
|
|
|
Equity |
58,184 |
329 |
57,855 |
94,670 |
461 |
94,209 |
|
|
|
|
Reinvested Earnings |
21,723 |
— |
21,723 |
21,225 |
— |
21,225 |
|
|
|
|
Other Capital |
1,323 |
— |
1,323 |
5,141 |
— |
5,141 |
|
|
|
ii) |
Abroad |
7,985 |
60,924 |
-52,939 |
3,860 |
58,630 |
-54,770 |
|
|
|
|
Equity |
7,985 |
50,355 |
-42,370 |
3,860 |
44,138 |
-40,278 |
|
|
|
|
Reinvested Earnings |
— |
3,284 |
-3,284 |
— |
3,636 |
-3,636 |
|
|
|
|
Other Capital |
— |
7,285 |
-7,285 |
— |
10,856 |
-10,856 |
|
|
b) |
Portfolio Investment |
6,49,372 |
5,15,500 |
1,33,872 |
4,86,143 |
5,37,800 |
-51,657 |
|
|
|
i) |
In India |
6,48,643 |
5,15,307 |
1,33,336 |
4,85,861 |
5,37,180 |
-51,319 |
|
|
|
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
6,14,025 |
5,15,307 |
98,718 |
4,81,070 |
5,37,180 |
-56,110 |
|
|
|
|
GDRs/ADRs |
33,428 |
— |
33,428 |
4,790 |
— |
4,790 |
|
|
|
ii) |
Abroad |
729 |
193 |
536 |
282 |
620 |
-338 |
|
2. |
Loans (a+b+c) |
2,34,081 |
1,15,441 |
1,18,640 |
2,11,403 |
1,69,749 |
41,654 |
|
|
a) |
External Assistance |
11,379 |
6,259 |
5,120 |
16,651 |
8,083 |
8,568 |
|
|
|
i) |
By India |
73 |
85 |
-12 |
80 |
107 |
-27 |
|
|
|
ii) |
To India |
11,306 |
6,174 |
5,132 |
16,571 |
7,976 |
8,595 |
|
|
b) |
Commercial Borrowings |
93,018 |
22,636 |
70,382 |
54,897 |
22,132 |
32,765 |
|
|
|
i) |
By India |
4,707 |
4,976 |
-269 |
7,274 |
2,135 |
5,139 |
|
|
|
ii) |
To India |
88,311 |
17,660 |
70,651 |
47,623 |
19,997 |
27,626 |
|
|
c) |
Short Term To India |
1,29,684 |
86,546 |
43,138 |
1,39,855 |
1,39,534 |
321 |
|
|
|
i) |
Suppliers’ Credit >180 days & Buyers’ Credit |
1,13,382 |
86,546 |
26,836 |
1,36,023 |
1,25,663 |
10,360 |
|
|
|
ii) |
Suppliers’ Credit up to 180 days |
16,302 |
— |
16,302 |
3,832 |
13,871 |
-10,039 |
|
3. |
Banking Capital (a+b) |
1,40,548 |
1,16,600 |
23,948 |
2,34,655 |
2,38,261 |
-3,606 |
|
|
a) |
Commercial Banks |
1,40,439 |
1,14,898 |
25,541 |
2,34,640 |
2,35,517 |
-877 |
|
|
|
i) |
Assets |
50,574 |
28,792 |
21,782 |
1,01,263 |
1,03,217 |
-1,954 |
|
|
|
ii) |
Liabilities |
89,865 |
86,106 |
3,759 |
1,33,377 |
1,32,300 |
1,077 |
|
|
|
|
of which: Non-Resident Deposits |
75,399 |
79,113 |
-3,714 |
1,24,353 |
1,14,748 |
9,605 |
|
|
b) |
Others |
109 |
1,702 |
-1,593 |
15 |
2,744 |
-2,729 |
|
4. |
Rupee Debt Service |
— |
185 |
-185 |
— |
138 |
-138 |
|
5. |
Other Capital |
60,738 |
34,851 |
25,887 |
37,044 |
26,348 |
10,696 |
|
Total Capital Account (1 to 5) |
11,73,954 |
8,43,830 |
3,30,124 |
10,94,141 |
10,31,387 |
62,754 |
C. |
ERRORS & OMISSIONS |
2,892 |
— |
2,892 |
3,685 |
— |
3,685 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
20,52,480 |
17,82,303 |
2,70,177 |
22,39,559 |
23,38,167 |
-98,608 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
2,70,177 |
-2,70,177 |
98,608 |
— |
98,608 |
|
i) |
I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) |
Foreign Exchange Reserves (Increase – / Decrease +) |
— |
2,70,177 |
-2,70,177 |
98,608 |
— |
98,608 |
|