43. India's Overall Balance of Payments in Dollars

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പ്രസിദ്ധീകരിച്ചത് ഡിസംബർ 14, 2007

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43. India's Overall Balance of Payments in Dollars

(US $ million)
Items					2006-07 P			2005-06 PR
					Credit	Debit	Net	Credit	Debit	Net
1					2	3	4	5	6	7
A.	CURRENT ACCOUNT
	I.	Merchandise			127090	191995	-64905	105152	156993	-51841
	II.	Invisibles (a+b+c)			119163	63867	55296	92294	49639	42655
		a)	Services		81330	48603	32727	61404	37523	23881
			i)	Travel	9423	7235	2188	7853	6464	1389
			ii)	Transportation	8069	8857	-788	6291	7841	-1550
			iii)	Insurance	1200	641	559	1050	1028	22
			iv)	G.n.i.e.	273	417	-144	309	506	-197
			v)	Miscellaneous	62365	31453	30912	45901	21684	24217
				of which
				Software Services	31300	2502	28798	23600	1338	22262
				Business Services	23459	20200	3259	12858	10496	2362
				Financial Services	3213	1832	1381	1704	1308	396
				Communication Services	2068	719	1349	2182	808	1374
		b)	Transfers		28861	1446	27415	25228	944	24284
			i)	Official	638	418	220	668	486	182
			ii)	Private	28223	1028	27195	24560	458	24102
		c)	Income		8972	13818	-4846	5662	11172	-5510
			i)	Investment Income	8574	12856	-4282	5486	10407	-4921
			ii)	Compensation of Employees	398	962	-564	176	765	-589
	Total Current Account (I+II)				246253	255862	-9609	197446	206632	-9186
B.	CAPITAL ACCOUNT
	1.	Foreign Investment (a+b)			130035	114536	15499	76061	58837	17224
		a)	Foreign Direct Investment (i+ii)		20414	11977	8437	7941	3211	4730
			i)	In India	19531	89	19442	7722	61	7661
				Equity	16065	89	15976	5820	61	5759
				Reinvested Earnings	2936	—	2936	1676	—	1676
				Other Capital	530	—	530	226	—	226
			ii)	Abroad	883	11888	-11005	219	3150	-2931
				Equity	883	10281	-9398	219	2060	-1841
				Reinvested Earnings	—	736	-736	—	364	-364
				Other Capital	—	871	-871	—	726	-726
		b)	Portfolio Investment		109621	102559	7062	68120	55626	12494
			In India		109532	102528	7004	68120	55626	12494
			Abroad		89	31	58	—	—	—
	2.	Loans (a+b+c)			50469	29340	21129	37529	31416	6113
		a)	External Assistance		3728	1958	1770	3627	1945	1682
			i)	By India	16	36	-20	20	104	-84
			ii)	To India	3712	1922	1790	3607	1841	1766
		b)	Commercial Borrowings (MT & LT)		21291	5207	16084	14547	11824	2723
			i)	By India	652	971	-319	—	240	-240
			ii)	To India	20639	4236	16403	14547	11584	2963
		c)	Short Term To India		25450	22175	3275	19355	17647	1708
	3.	Banking Capital (a+b)			36768	34681	2087	21658	20285	1373
		a)	Commercial Banks		36358	34603	1755	20586	20144	442
			i)	Assets	14466	17361	-2895	772	3947	-3175
			ii)	Liabilities	21892	17242	4650	19814	16197	3617
				of which: Non-Resident Deposits	19473	15578	3895	17835	15046	2789
		b)	Others		410	78	332	1072	141	931
	4.	Rupee Debt Service			—	162	-162	—	572	-572
	5.	Other Capital			10129	3738	6391	6505	7243	-738
	Total Capital Account (1 to 5)				227401	182457	44944	141753	118353	23400
C.	ERRORS & OMISSIONS				1271	—	1271	838	—	838
D.	OVERALL BALANCE (Total Capital Account, Current				474925	438319	36606	340037	324985	15052
	Account and Errors & Omissions (A+B+C))
E.	MONETARY MOVEMENTS (i+ii)				—	36606	-36606	—	15052	-15052
	i)	I.M.F.			—	—	—	—	—	—
	ii)	Foreign Exchange Reserves (Increase – / Decrease +)			—	36606	-36606	—	15052	-15052
P : Preliminary. PR : Partially Revised.

(US $ million)
Items					Apr–Jun 2007 P			Apr-Jun 2006 PR
					Credit	Debit	Net	Credit	Debit	Net
1					8	9	10	11	12	13
A.	CURRENT ACCOUNT
	I.	Merchandise			34960	56540	-21580	29674	46620	-16946
	II.	Invisibles (a+b+c)			31432	14549	16883	24643	12264	12379
		a)	Services		20061	10911	9150	17006	9041	7965
			i)	Travel	2088	1881	207	1708	1488	220
			ii)	Transportation	2208	2692	-484	1734	2048	-314
			iii)	Insurance	417	184	233	239	128	111
			iv)	G.n.i.e.	96	112	-16	57	81	-24
			v)	Miscellaneous	15252	6042	9210	13268	5296	7972
				of which
				Software Services	8441	557	7884	7039	438	6601
				Business Services	4479	3610	869	4565	3174	1391
				Financial Services	883	858	25	622	317	305
				Communication Services	513	200	313	444	108	336
		b)	Transfers		8760	433	8327	5992	300	5692
			i)	Official	153	166	-13	69	90	-21
			ii)	Private	8607	267	8340	5923	210	5713
		c)	Income		2611	3205	-594	1645	2923	-1278
			i)	Investment Income	2475	2961	-486	1580	2727	-1147
			ii)	Compensation of Employees	136	244	-108	65	196	-131
	Total Current Account (I+II)				66392	71089	-4697	54317	58884	-4567
B.	CAPITAL ACCOUNT
	1.	Foreign Investment (a+b)			41114	33195	7919	33437	32526	911
		a)	Foreign Direct Investment (i+ii)		6434	5973	461	2614	1198	1416
			i)	In India	5904	21	5883	2548	8	2540
				Equity	5029	21	5008	1842	8	1834
				Reinvested Earnings	708	—	708	698	—	698
				Other Capital	167	—	167	8	—	8
			ii)	Abroad	530	5952	-5422	66	1190	-1124
				Equity	530	5531	-5001	66	777	-711
				Reinvested Earnings	—	271	-271	—	184	-184
				Other Capital	—	150	-150	—	229	-229
		b)	Portfolio Investment		34680	27222	7458	30823	31328	-505
			In India		34621	27216	7405	30801	31327	-526
			Abroad		59	6	53	22	1	21
	2.	Loans (a+b+c)			15880	7526	8354	10739	6314	4425
		a)	External Assistance		754	496	258	576	527	49
			i)	By India	5	13	-8	4	9	-5
			ii)	To India	749	483	266	572	518	54
		b)	Commercial Borrowings (MT & LT)		8314	1266	7048	5057	1098	3959
			i)	By India	355	290	65	91	223	-132
			ii)	To India	7959	976	6983	4966	875	4091
		c)	Short Term To India		6812	5764	1048	5106	4689	417
	3.	Banking Capital (a+b)			7303	9423	-2120	9837	4847	4990
		a)	Commercial Banks		7303	9417	-2114	9765	4847	4918
			i)	Assets	2183	2501	-318	5257	1877	3380
			ii)	Liabilities	5120	6916	-1796	4508	2970	1538
				of which: Non-Resident Deposits	4791	5238	-447	4174	2943	1231
		b)	Others		—	6	-6	72	—	72
	4.	Rupee Debt Service			—	43	-43	—	67	-67
	5.	Other Capital			3338	2186	1152	1786	1481	305
	Total Capital Account (1 to 5)				67635	52373	15262	55799	45235	10564
C.	ERRORS & OMISSIONS				635	—	635	382	—	382
D.	OVERALL BALANCE (Total Capital Account, Current				134662	123462	11200	110498	104119	6379
	Account and Errors & Omissions (A+B+C))
E.	MONETARY MOVEMENTS (i+ii)				—	11200	-11200	—	6379	-6379
	i)	I.M.F.			—	—	—	—	—	—
	ii)	Foreign Exchange Reserves (Increase – / Decrease +)			—	11200	-11200	—	6379	-6379