(US$ million)

Item

2006-07

2007-08

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

A.

CURRENT ACCOUNT

I. MERCHANDISE

128,888

190,670

-61,782

166,162

257,629

-91,467

II. INVISIBLES (a+b+c)

114,558

62,341

52,217

148,875

73,144

75,731

a) Services

73,780

44,311

29,469

90,342

51,490

38,853

i) Travel

9,123

6,684

2,439

11,349

9,258

2,091

ii) Transportation

7,974

8,068

-94

10,014

11,514

-1,500

iii) Insurance

1,195

642

553

1,639

1,044

595

iv) G.n.i.e.

253

403

-150

331

376

-45

v) Miscellaneous

55,235

28,514

26,721

67,010

29,298

37,712

of which

Software Services

31,300

2,267

29,033

40,300

3,358

36,942

Business Services

14,544

15,866

-1,322

16,772

16,553

219

Financial Services

3,106

2,991

115

3,217

3,133

84

Communication Services

2,262

796

1,466

2,408

860

1,548

b) Transfers

31,470

1,391

30,079

44,261

2,316

41,945

i) Official

635

381

254

753

514

239

ii) Private

30,835

1,010

29,825

43,508

1,802

41,706

c) Income

9,308

16,639

-7,331

14,272

19,339

-5,068

i) Investment Income

8,926

15,688

-6,762

13,811

18,244

-4,433

ii) Compensation of Employees

382

951

-569

461

1,095

-635

Total Current Account (I+II)

243,446

253,011

-9,565

315,037

330,774

-15,737

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

133,210

118,457

14,753

271,122

227,796

43,326

a) Foreign Direct Investment (i+ii)

23,590

15,897

7,693

37,321

21,429

15,893

i) In India

22,826

87

22,739

34,844

116

34,728

Equity

16,481

87

16,394

26,865

108

26,757

Reinvested Earnings

5,828

–

5,828

7,679

–

7,679

Other Capital

517

–

517

300

8

292

ii. Abroad

764

15,810

-15,046

2,477

21,312

-18,835

Equity

764

13,368

-12,604

2,477

16,899

-14,422

Reinvested Earnings

–

1,076

-1,076

–

1,084

-1,084

Other Capital

–

1,366

-1,366

–

3,330

-3,330

b) Portfolio Investment

109,620

102,560

7,060

233,800

206,367

27,433

i) In India

109,534

102,530

7,004

233,564

206,294

27,270

of which

FIIs

105,756

102,530

3,226

226,621

206,294

20,327

GDRs/ADRs

3,776

–

3,776

6,645

–

6,645

ii) Abroad

86

30

56

236

73

163

2. Loans (a+b+c)

54,642

30,152

24,490

82,192

41,539

40,653

a) External Assistance

3,767

1,992

1,775

4,241

2,126

2,114

i) By India

20

32

-12

23

28

-4

ii) To India

3,747

1,960

1,787

4,217

2,098

2,119

b) Commercial Borrowings

20,883

4,780

16,103

30,293

7,684

22,609

i) By India

626

966

-340

1,593

1,624

-31

ii) To India

20,257

3,814

16,443

28,700

6,060

22,640

c) Short Term to India

29,992

23,380

6,612

47,658

31,729

15,930

i) Suppliers' Credit >180 days & Buyers' Credit

25,482

22,175

3,307

42,641

31,729

10,913

ii) Suppliers' Credit up to 180 days

4,510

1,205

3,305

5,017

-

5,017

3. Banking Capital (a+b)

37,209

35,296

1,913

55,814

44,055

11,759

a) Commercial Banks

36,799

35,218

1,581

55,735

43,623

12,112

i) Assets

14,466

17,960

-3,494

19,562

12,668

6,894

ii) Liabilities

22,333

17,258

5,075

36,173

30,955

5,217

of which: Non-Resident Deposits

19,914

15,593

4,321

29,400

29,222

179

b) Others

410

78

332

79

432

-353

4. Rupee Debt Service

–

162

-162

–

122

-122

5. Other Capital

8,230

4,021

4,209

29,229

18,261

10,969

Total Capital Account (1 to 5)

233,291

188,088

45,203

438,357

331,772

106,585

C.

Errors & Omissions

968

–

968

1,316

–

1,316

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

477,705

441,099

36,606

754,710

662,546

92,164

E.

Monetary Movements (i+ii)

–

36,606

-36,606

–

92,164

-92,164

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

–

36,606

-36,606

–

92,164

-92,164

P: Preliminary           PR: Partially Revised

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

2008-09

2009-10 PR

Credit

Debit

Net

Credit

Debit

Net

7

8

9

10

11

12

A.

CURRENT ACCOUNT

I. MERCHANDISE

189,001

308,521

-119,520

182,235

300,609

-118,374

II. INVISIBLES (a+b+c)

167,819

76,214

91,605

163,404

83,413

79,991

a) Services

105,963

52,047

53,916

95,759

60,033

35,726

i) Travel

10,894

9,425

1,469

11,859

9,342

2,517

ii) Transportation

11,310

12,820

-1,509

11,177

11,934

-757

iii) Insurance

1,422

1,130

292

1,603

1,286

317

iv) G.n.i.e.

389

793

-404

440

526

-86

v) Miscellaneous

81,948

27,878

54,070

70,680

36,945

33,735

of which

Software Services

46,300

2,564

43,736

49,705

1,469

48,236

Business Services

18,603

15,317

3,286

11,368

18,049

-6,681

Financial Services

4,428

2,958

1,470

3,736

4,643

-907

Communication Services

2,298

1,087

1,211

1,229

1,355

-126

b) Transfers

47,547

2,749

44,798

54,623

2,318

52,305

i) Official

645

413

232

723

473

250

ii) Private

46,903

2,336

44,567

53,900

1,845

52,055

c) Income

14,309

21,418

-7,110

13,022

21,062

-8,040

i) Investment Income

13,483

20,109

-6,626

12,108

19,357

-7,249

ii) Compensation of Employees

825

1,309

-484

914

1,705

-791

Total Current Account (I+II)

356,820

384,735

-27,915

345,639

384,022

-38,383

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

167,594

161,809

5,785

198,669

147,502

51,167

a) Foreign Direct Investment (i+ii)

38,940

19,124

19,816

38,500

19,729

18,771

i) In India

37,837

166

37,672

37,762

4,638

33,124

Equity

28,029

166

27,863

27,149

4,242

22,907

Reinvested Earnings

9,032

–

9,032

8,668

–

8,668

Other Capital

776

–

776

1,945

396

1,549

ii. Abroad

1,103

18,958

-17,855

738

15,091

-14,353

Equity

1,103

14,791

-13,688

738

10,052

-9,314

Reinvested Earnings

–

1,084

-1,084

–

1,084

-1,084

Other Capital

–

3,083

-3,083

–

3,955

-3,955

b) Portfolio Investment

128,654

142,685

-14,031

160,169

127,773

32,396

i) In India

128,511

142,365

-13,854

159,897

127,521

32,376

of which

FIIs

127,349

142,366

-15,017

156,570

127,521

29,049

GDRs/ADRs

1,162

–

1,162

3,328

–

3,328

ii) Abroad

142

319

-177

272

252

20

2. Loans (a+b+c)

62,219

53,901

8,318

74,116

60,857

13,259

a) External Assistance

5,232

2,791

2,441

5,898

3,005

2,893

i) By India

72

416

-344

52

420

-368

ii) To India

5,160

2,375

2,785

5,846

2,585

3,261

b) Commercial Borrowings

15,223

7,361

7,862

14,954

12,146

2,808

i) By India

1,997

783

1,214

974

1,505

-531

ii) To India

13,226

6,578

6,648

13,980

10,641

3,339

c) Short Term to India

41,765

43,750

-1,985

53,264

45,706

7,558

i) Suppliers' Credit >180 days & Buyers' Credit

38,815

38,352

463

48,571

43,914

4,657

ii) Suppliers' Credit up to 180 days

2,950

5,398

-2,448

4,693

1,792

2,901

3. Banking Capital (a+b)

65,207

68,453

-3,246

61,499

59,415

2,084

a) Commercial Banks

65,094

67,868

-2,774

60,893

58,966

1,927

i) Assets

25,823

28,725

-2,902

17,097

15,259

1,838

ii) Liabilities

39,270

39,142

128

43,796

43,707

89

of which: Non-Resident Deposits

37,147

32,858

4,290

41,356

38,432

2,924

b) Others

113

585

-472

606

449

157

4. Rupee Debt Service

–

100

-100

–

97

-97

5. Other Capital

18,612

22,602

-3,990

11,390

24,406

-13,016

Total Capital Account (1 to 5)

313,632

306,864

6,768

345,674

292,277

53,397

C.

Errors & Omissions

1,067

–

1,067

–

1,573

-1,573

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

671,519

691,599

-20,080

691,313

677,872

13,441

E.

Monetary Movements (i+ii)

20,080

–

20,080

–

13,441

-13,441

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

20,080

–

20,080

–

13,441

-13,441

of which : SDR Allocation

–

–

–

–

5,160

-5,160

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

Apr-Jun 2008

Jul-Sep 2008

Credit

Debit

Net

Credit

Debit

Net

13

14

15

16

17

18

A.

CURRENT ACCOUNT

I. MERCHANDISE

57,454

82,655

-25,201

53,630

92,752

-39,121

II. INVISIBLES (a+b+c)

39,986

18,186

21,800

46,919

20,062

26,857

a) Services

23,616

12,344

11,272

29,001

13,525

15,476

i) Travel

2,504

2,164

341

2,786

2,711

75

ii) Transportation

2,615

3,328

-713

3,041

3,751

-710

iii) Insurance

350

227

123

377

306

71

iv) G.n.i.e.

130

110

19

81

95

-14

v) Miscellaneous

18,017

6,515

11,502

22,716

6,662

16,054

of which

Software Services

12,081

844

11,237

12,120

685

11,435

Business Services

4,087

3,217

870

5,410

3,916

1,494

Financial Services

615

620

-5

1,673

966

707

Communication Services

510

227

284

740

296

444

b) Transfers

12,797

654

12,143

13,773

831

12,942

i) Official

148

107

40

51

97

-46

ii) Private

12,649

547

12,102

13,722

734

12,988

c) Income

3,573

5,187

-1,615

4,145

5,706

-1,561

i) Investment Income

3,418

4,859

-1,441

3,855

5,375

-1,520

ii) Compensation of Employees

155

328

-174

290

331

-41

Total Current Account (I+II)

97,440

100,841

-3,400

100,550

112,814

-12,264

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

53,674

48,684

4,989

52,550

48,251

4,299

a) Foreign Direct Investment (i+ii)

12,906

3,710

9,196

9,920

4,309

5,610

i) In India

12,670

21

12,649

9,604

52

9,552

Equity

10,248

21

10,227

7,312

52

7,260

Reinvested Earnings

2,258

–

2,258

2,258

–

2,258

Other Capital

164

–

164

34

–

34

ii. Abroad

236

3,688

-3,452

316

4,257

-3,941

Equity

236

2,661

-2,425

316

3,299

-2,983

Reinvested Earnings

–

271

-271

–

271

-271

Other Capital

–

756

-756

–

687

-687

b) Portfolio Investment

40,768

44,975

-4,207

42,630

43,942

-1,311

i) In India

40,745

44,923

-4,177

42,618

43,919

-1,302

of which

FIIs

39,746

44,923

-5,177

42,482

43,919

-1,437

GDRs/ADRs

999

–

999

136

–

136

ii) Abroad

22

52

-29

13

22

-10

2. Loans (a+b+c)

15,901

9,704

6,197

16,305

13,739

2,566

a) External Assistance

941

655

286

1,122

673

449

i) By India

18

104

-86

18

104

-86

ii) To India

923

551

372

1,104

569

535

b) Commercial Borrowings

2,754

1,270

1,484

3,574

1,859

1,714

i) By India

403

190

213

532

138

393

ii) To India

2,351

1,080

1,271

3,042

1,721

1,321

c) Short Term to India

12,206

7,779

4,427

11,609

11,207

402

i) Suppliers' Credit >180 days & Buyers' Credit

9,256

7,779

1,477

11,609

9,766

1,843

ii) Suppliers' Credit up to 180 days

2,950

–

2,950

–

1,441

-1,441

3. Banking Capital (a+b)

21,987

19,291

2,696

16,360

14,086

2,275

a) Commercial Banks

21,987

19,140

2,847

16,360

14,083

2,277

i) Assets

11,457

10,533

924

6,596

5,154

1,442

ii) Liabilities

10,530

8,607

1,923

9,764

8,929

835

of which : Non-Resident Deposits

9,098

8,284

814

9,176

8,917

259

b) Others

–

151

-151

–

3

-3

4. Rupee Debt Service

–

30

-30

–

3

-3

5. Other Capital

4,604

13,015

-8,411

4,886

7,682

-2,796

Total Capital Account (1 to 5)

96,166

90,724

5,442

90,101

83,760

6,341

C.

Errors & Omissions

194

–

194

1,189

–

1,189

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

193,800

191,565

2,235

191,840

196,574

-4,734

E.

Monetary Movements (i+ii)

–

2,235

-2,235

4,734

–

4,734

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

–

2,235

-2235

4,734

–

4,734

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

Oct-Dec 2008

Jan-Mar 2009

Credit

Debit

Net

Credit

Debit

Net

19

20

21

22

23

24

A.

CURRENT ACCOUNT

I. MERCHANDISE

39,436

74,428

-34,992

38,481

58,686

-20,205

II. INVISIBLES (a+b+c)

42,416

19,294

23,122

38,498

18,673

19,825

a) Services

28,227

13,099

15,128

25,119

13,078

12,040

i) Travel

2,924

1,946

979

2,680

2,606

74

ii) Transportation

2,738

3,241

-503

2,916

2,499

416

iii) Insurance

347

268

79

348

329

18

iv) G.n.i.e.

97

233

-136

81

355

-273

v) Miscellaneous

22,121

7,412

14,709

19,094

7,289

11,805

of which

Software Services

11,274

580

10,694

10,825

455

10,370

Business Services

4,851

3,568

1,283

4,255

4,616

-361

Financial Services

1,112

740

372

1,028

633

395

Communication Services

547

257

290

501

308

193

b) Transfers

10,997

845

10,151

9,980

419

9,562

i) Official

285

98

187

161

111

50

ii) Private

10,712

748

9,964

9,820

308

9,512

c) Income

3,192

5,349

-2,157

3,399

5,176

-1,777

i) Investment Income

3,000

5,011

-2,011

3,210

4,864

-1,654

ii) Compensation of Employees

192

338

-146

189

312

-123

Total Current Account (I+II)

81,851

93,722

-11,870

76,979

77,359

-380

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

33,709

38,820

-5,111

27,661

26,053

1,608

a) Foreign Direct Investment (i+ii)

7,112

6,402

710

9,003

4,703

4,300

i) In India

6,901

29

6,872

8,662

63

8,599

Equity

4,117

29

4,088

6,352

63

6,289

Reinvested Earnings

2,258

–

2,258

2,258

–

2,258

Other Capital

526

–

526

52

–

52

ii. Abroad

210

6,373

-6,163

341

4,640

-4,299

Equity

210

5,020

-4,810

341

3,811

-3,470

Reinvested Earnings

–

271

-271

–

271

-271

Other Capital

–

1,082

-1,082

–

558

-558

b) Portfolio Investment

26,597

32,418

-5,821

18,658

21,350

-2,692

i) In India

26,568

32,355

-5,787

18,580

21,169

-2,588

of which

FIIs

26,561

32,355

-5,794

18,560

21,169

-2,609

GDRs/ADRs

7

–

7

20

–

20

ii) Abroad

29

63

-34

78

182

-104

2. Loans (a+b+c)

15,803

15,419

384

14,210

15,039

-829

a) External Assistance

1,692

759

933

1,477

704

773

i) By India

18

104

-86

18

104

-86

ii) To India

1,674

655

1,019

1,459

600

859

b) Commercial Borrowings

5,395

1,724

3,671

3,499

2,507

992

i) By India

662

148

514

399

306

93

ii) To India

4,733

1,576

3,157

3,100

2,201

899

c) Short Term to India

8,715

12,936

-4,221

9,234

11,828

-2,594

i) Suppliers' Credit >180 days & Buyers' Credit

8,715

10,357

-1,642

9,234

10,450

-1,216

ii) Suppliers' Credit up to 180 days

–

2,579

-2,579

–

1,378

-1,378

3. Banking Capital (a+b)

14,830

19,786

-4,956

12,030

15,290

-3,260

a) Commercial Banks

14,827

19,355

-4,528

11,919

15,290

-3,371

i) Assets

5,192

7,541

-2,349

2,578

5,498

-2,920

ii) Liabilities

9,636

11,814

-2,178

9,341

9,792

-451

of which : Non-Resident Deposits

9,543

8,501

1,042

9,331

7,155

2,176

b) Others

2

431

-429

111

–

111

4. Rupee Debt Service

–

–

–

–

68

-68

5. Other Capital

5,005

693

4,312

4,117

1,212

2,905

Total Capital Account (1 to 5)

69,346

74,718

-5,372

58,019

57,662

357

C.

Errors & Omissions

–

639

-639

323

–

323

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

151,197

169,079

-17,881

135,321

135,021

300

E.

Monetary Movements (i+ii)

17,881

–

17,881

–

300

-300

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

17,881

–

17,881

–

300

-300

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

Apr-June 2009 PR

July-Sept 2009 PR

Credit

Debit

Net

Credit

Debit

Net

25

26

27

28

29

30

A.

CURRENT ACCOUNT

I. MERCHANDISE

39,166

65,434

-26,268

43,403

72,985

-29,582

II. INVISIBLES (a+b+c)

38,686

16,583

22,103

40,502

20,094

20,408

a) Services

22,391

10,956

11,435

21,368

13,705

7,663

i) Travel

2,297

2,035

262

2,719

2,357

362

ii) Transportation

2,501

2,777

-276

2,570

2,221

349

iii) Insurance

388

314

74

384

341

43

iv) G.n.i.e.

100

103

-3

100

130

-30

v) Miscellaneous

17,105

5,727

11,378

15,595

8,656

6,939

of which

Software Services

11,004

391

10,613

11,207

438

10,769

Business Services

2,586

3,295

-709

2,504

4,612

-2,108

Financial Services

1,116

835

281

732

1,135

-403

Communication Services

418

278

140

307

313

-6

b) Transfers

13,345

470

12,875

14,385

568

13,817

i) Official

47

110

-63

168

108

60

ii) Private

13,298

360

12,938

14,217

460

13,757

c) Income

2,950

5,157

-2,207

4,749

5,821

-1,072

i) Investment Income

2,723

4,806

-2,083

4,544

5,479

-935

ii) Compensation of Employees

227

351

-124

205

342

-137

Total Current Account (I+II)

77,852

82,017

-4,165

83,905

93,079

-9,174

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

48,576

35,481

13,095

55,940

38,760

17,180

a) Foreign Direct Investment (i+ii)

9,951

5,124

4,827

11,580

4,077

7,503

i) In India

9,826

926

8,900

11,485

632

10,853

Equity

7,290

900

6,390

8,547

597

7,950

Reinvested Earnings

2,167

–

2,167

2,167

–

2,167

Other Capital

369

26

343

771

35

736

ii. Abroad

125

4,198

-4,073

95

3,445

-3,350

Equity

125

2,983

-2,858

95

2,137

-2,042

Reinvested Earnings

–

271

-271

–

271

-271

Other Capital

–

944

-944

–

1,037

-1,037

b) Portfolio Investment

38,625

30,357

8,268

44,360

34,683

9,677

i)

i) In India

38,602

30,332

8,270

44,356

34,655

9,701

of which

FIIs

38,559

30,332

8,227

41,693

34,655

7,038

GDRs/ADRs

43

–

43

2,664

–

2,664

ii) Abroad

23

25

-2

4

28

-24

2. Loans (a+b+c)

13,112

14,543

-1,431

16,628

13,495

3,133

a) External Assistance

1,014

728

286

1,477

740

737

i) By India

13

105

-92

13

105

-92

ii) To India

1,001

623

378

1,464

635

829

b) Commercial Borrowings

1,972

2,433

-461

3,223

2,034

1,189

i) By India

244

333

-89

206

215

-9

ii) To India

1,728

2,100

-372

3,017

1,819

1,198

c) Short Term to India

10,126

11,382

-1,256

11,928

10,721

1,207

i) Suppliers' Credit >180 days & Buyers' Credit

10,126

9,590

536

10,994

10,721

273

ii) Suppliers' Credit up to 180 days

–

1,792

-1,792

934

–

934

3. Banking Capital (a+b)

15,577

18,943

-3,366

16,543

12,132

4,411

a) Commercial Banks

15,577

18,704

-3,127

16,543

11,989

4,554

i) Assets

4,368

6,946

-2,578

6,131

1,730

4,401

ii) Liabilities

11,209

11,758

-549

10,412

10,259

153

of which : Non-Resident Deposits

11,172

9,354

1,818

10,342

9,295

1,047

b) Others

–

239

-239

–

143

-143

4. Rupee Debt Service

–

23

-23

–

1

-1

5. Other Capital

552

5,169

-4,617

6,898

12,315

-5,417

Total Capital Account (1 to 5)

77,817

74,159

3,658

96,009

76,703

19,306

C.

Errors & Omissions

622

–

622

–

714

-714

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

156,291

156,176

115

179,914

170,496

9,418

E.

Monetary Movements (i+ii)

–

115

-115

–

9,418

-9,418

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

–

115

-115

–

9,418

-9,418

of which: SDR Allocation

–

–

–

–

5160

-5160

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

Oct-Dec 2009 PR

Jan-Mar 2010 PR

Credit

Debit

Net

Credit

Debit

Net

31

32

33

34

35

36

A.

CURRENT ACCOUNT

I. MERCHANDISE

47,170

78,097

-30,927

52,496

84,093

-31,597

II. INVISIBLES (a+b+c)

40,472

21,748

18,724

43,744

24,988

18,756

a) Services

24,159

15,993

8,166

27,841

19,379

8,462

i) Travel

3,440

2,312

1,128

3,403

2,638

765

ii) Transportation

2,991

3,366

-375

3,115

3,570

-455

iii) Insurance

408

305

103

423

326

97

iv) G.n.i.e.

124

134

-10

116

159

-43

v) Miscellaneous

17,196

9,876

7,320

20,784

12,686

8,098

of which

Software Services

13,197

333

12,864

14,297

307

13,990

Business Services

2,460

4,571

-2,111

3,818

5,571

-1,753

Financial Services

785

1,156

-371

1,103

1,517

-414

Communication Services

259

381

-122

245

383

-138

b) Transfers

13,677

638

13,039

13,216

642

12,574

i) Official

382

113

269

126

142

-16

ii) Private

13,295

525

12,770

13,090

500

12,590

c) Income

2,636

5,117

-2,481

2,687

4,967

-2,280

i) Investment Income

2,385

4,597

-2,212

2,456

4,475

-2,019

ii) Compensation of Employees

251

520

-269

231

492

-261

Total Current Account (I+II)

87,642

99,845

-12,203

96,240

109,081

-12,841

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

44,689

35,965

8,724

49,464

37,296

12,168

a) Foreign Direct Investment (i+ii)

8,908

5,869

3,039

8,061

4,659

3,402

i) In India

8,714

1,469

7,245

7,737

1,611

6,126

Equity

5,959

1,233

4,726

5,353

1,512

3,841

Reinvested Earnings

2,167

–

2,167

2,167

–

2,167

Other Capital

588

236

352

217

99

118

ii. Abroad

194

4,400

-4,206

324

3,048

-2,724

Equity

194

3,403

-3,209

324

1,529

-1,205

Reinvested Earnings

–

271

-271

–

271

-271

Other Capital

–

726

-726

–

1,248

-1,248

b) Portfolio Investment

35,781

30,096

5,685

41,403

32,637

8,766

i) In India

35,770

30,041

5,729

41,169

32,493

8,676

of which

FIIs

35,295

30,041

5,254

41,023

32,493

8,530

GDRs/ADRs

475

–

475

146

–

146

ii) Abroad

11

55

-44

234

144

90

2. Loans (a+b+c)

20,103

14,398

5,705

24,273

18,421

5,852

a) External Assistance

1,646

802

844

1,761

735

1,026

i) By India

13

105

-92

13

105

-92

ii) To India

1,633

697

936

1,748

630

1,118

b) Commercial Borrowings

4,550

2,842

1,708

5,209

4,837

372

i) By India

227

570

-343

297

387

-90

ii) To India

4,323

2,272

2,051

4,912

4,450

462

c) Short Term to India

13,907

10,754

3,153

17,303

12,849

4,454

i) Suppliers' Credit >180 days & Buyers' Credit

12,055

10,754

1,301

15,396

12,849

2,547

ii) Suppliers' Credit up to 180 days

1,852

–

1,852

1,907

–

1,907

3. Banking Capital (a+b)

15,172

13,232

1,940

14,207

15,109

-902

a) Commercial Banks

14,578

13,165

1,413

14,195

15,109

-914

i) Assets

3,067

1,874

1,193

3,531

4,709

-1,178

ii) Liabilities

11,511

11,291

220

10,664

10,399

265

of which : Non-Resident Deposits

10,177

9,568

609

9,665

10,215

-550

b) Others

594

67

527

12

–

12

4. Rupee Debt Service

–

–

–

–

73

-73

5. Other Capital

1,597

3,338

-1,741

2,343

3,584

-1,241

Total Capital Account (1 to 5)

81,561

66,933

14,628

90,287

74,483

15,804

C.

Errors & Omissions

–

658

-658

–

822

-822

D.

Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C))

169,203

167,436

1,767

186,527

184,386

2,141

E.

Monetary Movements (i+ii)

–

1767

-1767

–

2,141

-2,141

i) I.M.F.

–

–

–

–

–

–

ii) Foreign Exchange Reserves (Increase - / Decrease +)

–

1767

-1767

–

2,141

-2,141

of which: SDR Allocation

–

–

–

–

–

–

No. 41: India’s Overall Balance of Payments (Contd.)

(US$ million)

Item

Apr-June 2010 PR

July-Sept 2010 PR

Credit

Debit

Net

Credit

Debit

Net

37

38

39

40

41

42

A.

CURRENT ACCOUNT

I. MERCHANDISE

55,258

88,014

-32,756

51,793

89,577

-37,784

II. INVISIBLES (a+b+c)

43,529

23,242

20,287

47,011

26,016

20,995

a) Services

26,920

16,925

9,995

31,384

19,322

12,062

i) Travel

2,949

2,330

619

3,379

2,779

600

ii) Transportation

3,143

3,134

9

3,277

3,524

-247

iii) Insurance

410

310

100

442

386

56

iv) G.n.i.e.

94

143

-49

125

205

-80

v) Miscellaneous

20,324

11,008

9,316

24,161

12,428

11,733

of which

Software Services

12,996

575

12,421

13,368

585

12,783

Business Services

4,819

5,912

-1,093

5,942

6,994

-1,052

Financial Services

1,228

1,404

-176

1,819

1,905

-86

Communication Services

325

241

84

417

266

151

b) Transfers

13,754

726

13,028

13,654

677

12,977

i) Official

59

141

-82

141

137

4

ii) Private

13,695

585

13,110

13,513

540

12,973

c) Income

2,855

5,591

-2,736

1,973

6,017

-4,044

i) Investment Income

2,628

5,099

-2,471

1,726

5,569

-3,843

ii) Compensation of Employees

227

492

-265

247

448

-201

Total Current Account (I+II)

98,787

111,256

-12,469

98,804

115,593

-16,789

B.

CAPITAL ACCOUNT

1. Foreign Investment (a+b)

52,667

45,146

7,521

67,671

45,896

21,775

a) Foreign Direct Investment (i+ii)

8,601

5,685

2,916

8,414

5,831

2,583

i. In India

8,307

2,302

6,005

7,836

1,097

6,739

Equity

5,991

2,278

3,713

5,452

1,034

4,418

Reinvested Earnings

2,234

–

2,234

2,234

–

2,234

Other Capital

82

24

58

150

63

87

ii. Abroad

294

3,383

-3,089

578

4,734

-4,156

Equity

294

2,010

-1,716

578

2,501

-1,923

Reinvested Earnings

–

271

-271

–

271

-271

Other Capital

–

1,102

-1,102

–

1,962

-1,962

b) Portfolio Investment

44,066

39,461

4,605

59,257

40,065

19,192

i) In India

43,972

39,320

4,652

59,106

39,854

19,252

of which

FIIs

42,858

39,320

3,538

58,614

39,854

18,760

GDRs/ADRs

1,114

–

1,114

492

–

492

ii) Abroad

94

141

-47

151

211

-60

2. Loans (a+b+c)

23,552

14,465

9,087

26,571

19,990

6,581

a) External Assistance

3,210

758

2,452

1,271

687

584

i) By India

19

25

-6

19

25

-6

ii) To India

3,191

733

2,458

1,252

662

590

b) Commercial Borrowings

4,430

2,201

2,229

5,947

2,502

3,445

i) By India

185

243

-58

297

556

-259

ii) To India

4,245

1,958

2,287

5,650

1,946

3,704

c) Short Term to India

15,912

11,506

4,406

19,353

16,801

2,552

i) Suppliers' Credit >180 days & Buyers' Credit

14,681

11,506

3,175

18,252

16,801

1,451

ii) Suppliers' Credit up to 180 days

1,231

–

1,231

1,101

–

1,101

3. Banking Capital (a+b)

16,745

12,742

4,003

16,992

20,155

-3,163

a) Commercial Banks

16,743

12,718

4,025

16,992

19,551

-2,559

i) Assets

3,263

2,558

705

4,195

8,025

-3,830

ii) Liabilities

13,480

10,160

3,320

12,797

11,526

1,271

of which : Non-Resident Deposits

11,252

10,133

1,119

11,672

10,628

1,044

b) Others

2

24

-22

–

604

-604

4. Rupee Debt Service

–

16

-16

–

1

-1

5. Other Capital

2,384

6,429

-4,045

1,372

5,261

-3,889

Total Capital Account (1to5)

95,348

78,798

16,550

112,606

91,303

21,303

C.

Errors & Omissions

–

340

-340

–

1,225

-1,225

D.

Overall Balance (Total Current Account, Capital Account, and Errors & Omissions (A+B+C))

194,135

190,394

3,741

211,410

208,121

3,289

E.

Monetary Movements (i+ii)

–

3,741

-3,741

–

3,289