40. India's Overall Balance of Payments - ଆରବିଆଇ - Reserve Bank of India
40. India's Overall Balance of Payments
(Rs. crore) |
|||||||
Items |
2005-06 |
2006-07 |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. Merchandise |
4,65,748 |
6,95,412 |
–2,29,664 |
5,82,871 |
8,62,833 |
–2,79,962 |
|
II. Invisibles (a+b+c) |
3,97,660 |
2,11,733 |
1,85,927 |
5,17,146 |
2,81,567 |
2,35,579 |
|
a) Services |
2,55,668 |
1,53,057 |
1,02,611 |
3,33,093 |
2,00,029 |
1,33,064 |
|
i) Travel |
34,871 |
29,432 |
5,439 |
41,127 |
30,249 |
10,878 |
|
ii) Transportation |
28,023 |
36,928 |
–8,905 |
36,049 |
36,504 |
–455 |
|
iii) Insurance |
4,694 |
4,965 |
–271 |
5,403 |
2,903 |
2,500 |
|
iv) G.n.i.e. |
1,396 |
2,343 |
–947 |
1,143 |
1,825 |
–682 |
|
v) Miscellaneous |
1,86,684 |
79,389 |
1,07,295 |
2,49,371 |
1,28,548 |
1,20,823 |
|
of which |
|
|
|
|
|
|
|
Software Services |
1,04,632 |
5,954 |
98,678 |
1,41,356 |
10,212 |
1,31,144 |
|
Business Services |
41,356 |
34,428 |
6,928 |
65,738 |
71,500 |
–5,762 |
|
Financial Services |
5,355 |
4,265 |
1,090 |
14,010 |
13,460 |
550 |
|
Communication Services |
7,000 |
1,285 |
5,715 |
10,227 |
3,589 |
6,638 |
|
b) Transfers |
1,13,566 |
4,134 |
1,09,432 |
1,42,037 |
6,288 |
1,35,749 |
|
i) Official |
2,970 |
2,103 |
867 |
2,864 |
1,723 |
1,141 |
|
ii) Private |
1,10,596 |
2,031 |
1,08,565 |
1,39,173 |
4,565 |
1,34,608 |
|
c) Income |
28,426 |
54,542 |
–26,116 |
42,016 |
75,250 |
–33,234 |
|
i) Investment Income |
27,633 |
51,112 |
–23,479 |
40,297 |
70,955 |
–30,658 |
|
ii) Compensation of Employees |
793 |
3,430 |
–2,637 |
1,719 |
4,295 |
–2,576 |
|
Total Current Account (I+II) |
8,63,408 |
9,07,145 |
–43,737 |
11,00,017 |
11,44,400 |
–44,383 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
3,42,778 |
2,73,996 |
68,782 |
6,00,951 |
5,34,160 |
66,791 |
|
a) Foreign Direct Investment (i+ii) |
40,690 |
27,265 |
13,425 |
1,06,464 |
71,554 |
34,910 |
|
i) In India |
39,730 |
273 |
39,457 |
1,03,037 |
385 |
1,02,652 |
|
Equity |
26,512 |
273 |
26,239 |
74,354 |
385 |
73,969 |
|
Reinvested Earnings |
12,220 |
— |
12,220 |
26,371 |
— |
26,371 |
|
Other Capital |
998 |
— |
998 |
2,312 |
— |
2,312 |
|
ii) Abroad |
960 |
26,992 |
–26,032 |
3,427 |
71,169 |
–67,742 |
|
Equity |
960 |
17,678 |
–16,718 |
3,427 |
60,138 |
–56,711 |
|
Reinvested Earnings |
— |
4,834 |
–4,834 |
— |
4,868 |
–4,868 |
|
Other Capital |
— |
4,480 |
–4,480 |
— |
6,163 |
–6,163 |
|
b) Portfolio Investment |
3,02,088 |
2,46,731 |
55,357 |
4,94,487 |
4,62,606 |
31,881 |
|
i) In India |
3,02,088 |
2,46,731 |
55,357 |
4,94,102 |
4,62,472 |
31,630 |
|
of which |
|
|
|
|
|
|
|
FIIs |
2,90,648 |
2,46,736 |
43,912 |
4,77,132 |
4,62,472 |
14,660 |
|
GDRs/ADRs |
11,438 |
— |
11,438 |
16,961 |
— |
16,961 |
|
ii) Abroad |
— |
— |
— |
385 |
134 |
251 |
|
2. Loans (a+b+c) |
1,74,729 |
1,40,332 |
34,397 |
2,46,525 |
1,36,091 |
1,10,434 |
|
a) External Assistance |
16,133 |
8,541 |
7,592 |
16,978 |
9,005 |
7,973 |
|
i) By India |
106 |
390 |
–284 |
90 |
144 |
–54 |
|
ii) To India |
16,027 |
8,151 |
7,876 |
16,888 |
8,861 |
8,027 |
|
b) Commercial Borrowings |
63,476 |
52,971 |
10,505 |
93,932 |
21,567 |
72,365 |
|
i) By India |
— |
1,105 |
–1,105 |
2,837 |
4,361 |
–1,524 |
|
ii) To India |
63,476 |
51,866 |
11,610 |
91,095 |
17,206 |
73,889 |
|
c) Short Term To India |
95,120 |
78,820 |
16,300 |
1,35,615 |
1,05,519 |
30,096 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
85,766 |
78,114 |
7,652 |
1,15,125 |
1,00,196 |
14,929 |
|
ii) Suppliers’ Credit up to 180 days |
9,354 |
706 |
8,648 |
20,490 |
5,323 |
15,167 |
|
3. Banking Capital (a+b) |
95,988 |
90,193 |
5,795 |
1,67,494 |
1,59,017 |
8,477 |
|
a) Commercial Banks |
91,200 |
89,569 |
1,631 |
1,65,656 |
1,58,660 |
6,996 |
|
i) Assets |
3,369 |
17,711 |
–14,342 |
64,972 |
80,726 |
–15,754 |
|
ii) Liabilities |
87,831 |
71,858 |
15,973 |
1,00,684 |
77,934 |
22,750 |
|
of which: Non-Resident Deposits |
79,190 |
66,733 |
12,457 |
89,950 |
70,376 |
19,574 |
|
b) Others |
4,788 |
624 |
4,164 |
1,838 |
357 |
1,481 |
|
4. Rupee Debt Service |
— |
2,557 |
–2,557 |
— |
725 |
–725 |
|
5. Other Capital |
26,451 |
20,903 |
5,548 |
36,797 |
18,101 |
18,696 |
|
Total Capital Account (1 to 5) |
6,39,946 |
5,27,981 |
1,11,965 |
10,51,767 |
8,48,094 |
2,03,673 |
C. |
ERRORS & OMISSIONS |
— |
2,332 |
–2,332 |
4,344 |
— |
4,344 |
D. |
OVERALL BALANCE (Total Current Account, Capital |
15,03,354 |
14,37,458 |
65,896 |
21,56,128 |
19,92,494 |
1,63,634 |
|
Account and Errors & Omissions (A+B+C)) |
|
|
|
|
|
|
E. |
MONETARY MOVEMENTS (i+ii) |
— |
65,896 |
–65,896 |
— |
1,63,634 |
–1,63,634 |
|
i) I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) Foreign Exchange Reserves (Increase – / Decrease +) |
— |
65,896 |
–65,896 |
— |
1,63,634 |
–1,63,634 |
P : Preliminary. PR : Partially Revised. |
No. 40: India's Overall Balance of Payments (Contd.) |
|||||||
(Rs. crore) |
|||||||
Items |
2007-08 |
2008-09 PR |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
8 |
9 |
10 |
11 |
12 |
13 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. Merchandise |
6,68,008 |
10,35,672 |
–3,67,664 |
8,57,960 |
14,01,118 |
–5,43,158 |
|
II. Invisibles (a+b+c) |
5,98,088 |
2,93,902 |
3,04,185 |
7,50,333 |
3,38,789 |
4,11,544 |
|
a) Services |
3,63,042 |
2,06,798 |
1,56,244 |
4,67,915 |
2,39,606 |
2,28,309 |
|
i) Travel |
45,526 |
37,191 |
8,335 |
50,226 |
43,336 |
6,890 |
|
ii) Transportation |
40,199 |
46,278 |
–6,079 |
51,952 |
58,531 |
–6,578 |
|
iii) Insurance |
6,586 |
4,192 |
2,393 |
6,518 |
5,230 |
1,288 |
|
iv) G.n.i.e. |
1,331 |
1,518 |
–186 |
1,771 |
3,777 |
–2,006 |
|
v) Miscellaneous |
2,69,400 |
1,17,618 |
1,51,781 |
3,57,447 |
1,28,731 |
2,28,716 |
|
of which |
|
|
|
|
|
|
|
Software Services |
1,62,020 |
13,494 |
1,48,526 |
2,12,242 |
12,702 |
1,99,540 |
|
Business Services |
67,430 |
66,469 |
961 |
75,632 |
71,436 |
4,195 |
|
Financial Services |
12,917 |
12,560 |
357 |
18,060 |
13,568 |
4,492 |
|
Communication Services |
9,682 |
3,462 |
6,220 |
9,903 |
5,025 |
4,878 |
|
b) Transfers |
1,77,745 |
9,293 |
1,68,452 |
2,16,906 |
12,568 |
2,04,338 |
|
i) Official |
3,024 |
2,073 |
951 |
3,029 |
1,900 |
1,129 |
|
ii) Private |
1,74,721 |
7,220 |
1,67,501 |
2,13,877 |
10,668 |
2,03,209 |
|
c) Income |
57,300 |
77,811 |
–20,511 |
65,512 |
86,615 |
–21,103 |
|
i) Investment Income |
55,451 |
73,410 |
–17,959 |
61,722 |
80,597 |
–18,875 |
|
ii) Compensation of Employees |
1,849 |
4,402 |
–2,552 |
3,790 |
6,018 |
–2,228 |
|
Total Current Account (I+II) |
12,66,096 |
13,29,575 |
–63,479 |
16,08,293 |
17,39,907 |
–1,31,614 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
10,86,530 |
9,12,135 |
1,74,395 |
7,43,513 |
7,31,726 |
11,786 |
|
a) Foreign Direct Investment (i+ii) |
1,49,902 |
86,125 |
63,776 |
1,64,487 |
87,656 |
76,831 |
|
i) In India |
1,39,885 |
465 |
1,39,420 |
1,59,401 |
773 |
1,58,628 |
|
Equity |
1,07,749 |
434 |
1,07,315 |
1,26,128 |
773 |
1,25,355 |
|
Reinvested Earnings |
30,916 |
— |
30,916 |
29,713 |
— |
29,713 |
|
Other Capital |
1,220 |
31 |
1,189 |
3,560 |
— |
3,560 |
|
ii) Abroad |
10,017 |
85,660 |
–75,644 |
5,086 |
86,882 |
–81,796 |
|
Equity |
10,017 |
67,956 |
–57,939 |
5,086 |
68,601 |
–63,514 |
|
Reinvested Earnings |
— |
4,365 |
–4,365 |
— |
4,986 |
–4,986 |
|
Other Capital |
— |
13,340 |
–13,340 |
— |
13,296 |
–13,296 |
|
b) Portfolio Investment |
936,628 |
8,26,009 |
1,10,619 |
5,79,026 |
6,44,071 |
–65,045 |
|
i) In India |
935,683 |
8,25,715 |
1,09,968 |
5,78,346 |
6,42,543 |
–64,197 |
|
of which |
|
|
|
|
|
|
|
FIIs |
907,936 |
8,25,715 |
82,221 |
5,73,451 |
6,42,547 |
–69,096 |
|
GDRs/ADRs |
26,556 |
— |
26,556 |
4,891 |
— |
4,891 |
|
ii) Abroad |
945 |
294 |
651 |
680 |
1,528 |
–848 |
|
2. Loans (a+b+c) |
3,30,331 |
1,66,840 |
1,63,491 |
2,84,926 |
2,48,538 |
36,388 |
|
a) External Assistance |
17,019 |
8,553 |
8,466 |
23,532 |
11,102 |
12,430 |
|
i) By India |
94 |
112 |
–18 |
108 |
153 |
–45 |
|
ii) To India |
16,925 |
8,441 |
8,484 |
23,424 |
10,949 |
12,475 |
|
b) Commercial Borrowings |
1,21,942 |
30,855 |
91,086 |
70,947 |
34,016 |
36,931 |
|
i) By India |
6,412 |
6,538 |
–126 |
9,225 |
3,644 |
5,581 |
|
ii) To India |
1,15,529 |
24,317 |
91,212 |
61,722 |
30,372 |
31,350 |
|
c) Short Term To India |
1,91,370 |
1,27,432 |
63,939 |
1,90,448 |
2,03,420 |
–12,972 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
1,71,184 |
1,27,432 |
43,752 |
1,77,843 |
1,77,676 |
167 |
|
ii) Suppliers’ Credit up to 180 days |
20,187 |
— |
20,187 |
12,605 |
25,744 |
–13,138 |
|
3. Banking Capital (a+b) |
2,23,979 |
1,76,824 |
47,155 |
2,95,408 |
3,14,613 |
–19,205 |
|
a) Commercial Banks |
2,23,664 |
1,75,113 |
48,551 |
2,94,842 |
3,11,869 |
–17,027 |
|
i) Assets |
78,366 |
50,734 |
27,632 |
1,14,752 |
1,30,576 |
–15,823 |
|
ii) Liabilities |
1,45,298 |
1,24,379 |
20,919 |
1,80,090 |
1,81,293 |
–1,203 |
|
of which: Non-Resident Deposits |
1,18,077 |
1,17,372 |
705 |
1,71,047 |
1,50,617 |
20,430 |
|
b) Others |
315 |
1,712 |
–1,397 |
565 |
2,744 |
–2,179 |
|
4. Rupee Debt Service |
— |
492 |
–492 |
— |
472 |
–472 |
|
5. Other Capital |
1,17,094 |
73,716 |
43,377 |
93,704 |
93,712 |
–8 |
|
Total Capital Account (1 to 5) |
17,57,933 |
13,30,007 |
4,27,926 |
14,17,551 |
13,89,060 |
28,490 |
C. |
ERRORS & OMISSIONS |
5,241 |
— |
5,241 |
6,009 |
— |
6,009 |
D. |
OVERALL BALANCE (Total Current Account, Capital |
30,29,270 |
26,59,582 |
3,69,689 |
30,31,853 |
31,28,967 |
–97,115 |
|
Account and Errors & Omissions (A+B+C)) |
|
|
|
|
|
|
E. |
MONETARY MOVEMENTS (i+ii) |
— |
3,69,689 |
–3,69,689 |
97,115 |
— |
97,115 |
|
i) I.M.F. |
— |
— |
— |
— |
— |
— |
|
ii) Foreign Exchange Reserves (Increase – / Decrease +) |
— |
3,69,689 |
–3,69,689 |
97,115 |
— |
97,115 |
No. 40: India's Overall Balance of Payments (Contd.) |
|||||||
(Rs. crore) |
|||||||
Items |
Apr-Jun 2006 |
Jul-Sep 2006 |
|||||
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 |
225,903 |
–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 |
1,50,357 |
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 |
— |
1247 |
–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. 40: India's Overall Balance of Payments (Contd.) |
|||||||
(Rs. crore) |
|||||||
Items |
Oct-Dec 2006 |
Jan-Mar 2007 |
|||||
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 |
6,554 |
— |
6,554 |
6,436 |
— |
6,436 |
|
Other Capital |
877 |
— |
877 |
1,126 |
— |
1,126 |
|
ii) Abroad |
688 |
31,952 |
–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 |
2222 |
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 |
4471 |
4,418 |
21,326 |
6,268 |
15,058 |
|
Total Capital Account (1 to 5) |
281,210 |
2,32,560 |
48,650 |
3,27,661 |
2,57,855 |
69,806 |
C. |
ERRORS & OMISSIONS |
1323 |
— |
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. 40: India's Overall Balance of Payments (Contd.) |
|||||||
(Rs. crore) |
|||||||
Items |
Apr-Jun 2007 |
Jul-Sep 2007 |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
26 |
27 |
28 |
29 |
30 |
31 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. Merchandise |
1,50,923 |
2,32,347 |
–81,424 |
1,55,733 |
2,42,761 |
–87,028 |
|
II. Invisibles (a+b+c) |
1,23,379 |
60,641 |
62,739 |
1,39,576 |
69,800 |
69,776 |
|
a) Services |
78,062 |
40,927 |
37,134 |
85,167 |
47,002 |
38,165 |
|
i) Travel |
8,610 |
7,859 |
750 |
9,111 |
8,296 |
815 |
|
ii) Transportation |
8,054 |
10,417 |
–2,363 |
8,475 |
10,371 |
–1,896 |
|
iii) Insurance |
1,536 |
761 |
775 |
1,381 |
1,149 |
232 |
|
iv) G.n.i.e. |
387 |
453 |
–66 |
277 |
520 |
–243 |
|
v) Miscellaneous |
59,475 |
21,437 |
38,038 |
65,923 |
26,666 |
39,258 |
|
of which |
|
|
|
|
|
|
|
Software Services |
36,435 |
2,800 |
33,635 |
36,675 |
3,248 |
33,427 |
|
Business Services |
15,496 |
13,287 |
2,209 |
15,781 |
14,334 |
1,447 |
|
Financial Services |
2,175 |
1,850 |
326 |
3,713 |
2,843 |
870 |
|
Communication Services |
2,115 |
954 |
1,161 |
2,483 |
730 |
1,753 |
|
b) Transfers |
35,578 |
1,781 |
33,797 |
39,342 |
1,653 |
37,688 |
|
i) Official |
631 |
679 |
–47 |
641 |
454 |
187 |
|
ii) Private |
34,947 |
1,103 |
33,844 |
38,701 |
1,199 |
37,502 |
|
c) Income |
9,740 |
17,932 |
–8,192 |
15,067 |
21,144 |
–6,077 |
|
i) Investment Income |
9,399 |
17,115 |
–7,716 |
14,621 |
19,937 |
–5,316 |
|
ii) Compensation of Employees |
340 |
817 |
–477 |
446 |
1,208 |
–761 |
|
Total Current Account (I+II) |
2,74,302 |
2,92,988 |
–18,685 |
2,95,309 |
3,12,561 |
–17,252 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
1,78,023 |
1,35,072 |
42,951 |
2,20,226 |
1,66,871 |
53,355 |
|
a) Foreign Direct Investment (i+ii) |
34,674 |
22,822 |
11,852 |
22,854 |
13,673 |
9,181 |
|
i) In India |
31,403 |
85 |
31,319 |
19,716 |
75 |
19,641 |
|
Equity |
22,983 |
85 |
22,898 |
11,435 |
75 |
11,360 |
|
Reinvested Earnings |
7,916 |
— |
7,916 |
7,780 |
— |
7,780 |
|
Other Capital |
505 |
— |
505 |
501 |
— |
501 |
|
ii) Abroad |
3,271 |
22,737 |
–19,467 |
3,138 |
13,598 |
–10,459 |
|
Equity |
3,271 |
19,620 |
–16,350 |
3,138 |
10,193 |
–7,055 |
|
Reinvested Earnings |
— |
1,118 |
–1,118 |
— |
1,098 |
–1,098 |
|
Other Capital |
— |
2,000 |
–2,000 |
— |
2,306 |
–2,306 |
|
b) Portfolio Investment |
1,43,349 |
1,12,250 |
31,099 |
1,97,372 |
1,53,198 |
44,174 |
|
i) In India |
1,43,110 |
1,12,224 |
30,885 |
1,97,350 |
1,53,106 |
44,244 |
|
of which |
|
|
|
|
|
|
|
FIIs |
1,41,456 |
1,12,224 |
29,232 |
1,87,221 |
1,53,106 |
34,116 |
|
GDRs/ADRs |
1,303 |
— |
1,303 |
10,038 |
— |
10,038 |
|
ii) Abroad |
239 |
25 |
214 |
22 |
92 |
–70 |
|
2. Loans (a+b+c) |
69,025 |
31,308 |
37,717 |
81,084 |
42,260 |
38,824 |
|
a) External Assistance |
3,016 |
2,023 |
993 |
3,984 |
2,086 |
1,897 |
|
i) By India |
24 |
29 |
–5 |
24 |
28 |
–5 |
|
ii) To India |
2,992 |
1,994 |
998 |
3,960 |
2,058 |
1,902 |
|
b) Commercial Borrowings |
34,150 |
5,516 |
28,634 |
25,483 |
8,394 |
17,088 |
|
i) By India |
1,482 |
1,423 |
59 |
1,797 |
2,039 |
–243 |
|
ii) To India |
32,668 |
4,093 |
28,575 |
23,686 |
6,355 |
17,331 |
|
c) Short Term To India |
31,858 |
23,769 |
8,089 |
51,618 |
31,780 |
19,838 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
28,382 |
23,769 |
4,613 |
44,627 |
31,780 |
12,847 |
|
ii) Suppliers’ Credit up to 180 days |
3,476 |
— |
3,476 |
6,991 |
— |
6,991 |
|
3. Banking Capital (a+b) |
35,300 |
39,086 |
–3,786 |
55,575 |
28,653 |
26,922 |
|
a) Commercial Banks |
35,300 |
39,063 |
–3,763 |
55,479 |
28,367 |
27,113 |
|
i) Assets |
10,488 |
11,799 |
–1,312 |
17,846 |
1,452 |
16,395 |
|
ii) Liabilities |
24,812 |
27,264 |
–2,452 |
37,633 |
26,915 |
10,718 |
|
of which: Non-Resident Deposits |
21,657 |
23,499 |
–1,842 |
28,265 |
26,770 |
1,494 |
|
b) Others |
— |
23 |
–23 |
95 |
286 |
–191 |
|
4. Rupee Debt Service |
— |
179 |
–179 |
— |
9 |
–9 |
|
5. Other Capital |
11,636 |
23,611 |
–11,974 |
36,574 |
21,024 |
15,549 |
|
Total Capital Account (1 to 5) |
2,93,983 |
2,29,255 |
64,728 |
3,93,459 |
2,58,817 |
1,34,642 |
C. |
ERRORS & OMISSIONS |
140 |
— |
140 |
1,089 |
— |
1,089 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
5,68,425 |
5,22,243 |
46,183 |
6,89,856 |
5,71,378 |
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. 40: India's Overall Balance of Payments (Contd.) |
|||||||
(Rs. crore) |
|||||||
Items |
Oct-Dec 2007 |
Jan-Mar 2008 |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
32 |
33 |
34 |
35 |
36 |
37 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
I. Merchandise |
1,69,900 |
2,65,558 |
–95,658 |
1,91,452 |
2,95,007 |
–1,03,554 |
|
II. Invisibles (a+b+c) |
1,54,076 |
72,270 |
81,806 |
1,81,057 |
91,192 |
89,865 |
|
a) Services |
95,139 |
50,365 |
44,775 |
1,04,674 |
68,504 |
36,171 |
|
i) Travel |
13,398 |
9,940 |
3,458 |
14,407 |
11,095 |
3,312 |
|
ii) Transportation |
11,044 |
12,009 |
–965 |
12,627 |
13,482 |
–855 |
|
iii) Insurance |
1,730 |
1,032 |
698 |
1,939 |
1,250 |
689 |
|
iv) G.n.i.e. |
356 |
294 |
61 |
311 |
250 |
62 |
|
v) Miscellaneous |
68,613 |
27,090 |
41,523 |
75,389 |
42,426 |
32,963 |
|
of which |
|
|
|
|
|
|
|
Software Services |
37,917 |
3,362 |
34,556 |
50,993 |
4,084 |
46,909 |
|
Business Services |
18,106 |
16,754 |
1,352 |
18,048 |
22,095 |
–4,048 |
|
Financial Services |
3,481 |
3,012 |
469 |
3,548 |
4,855 |
–1,307 |
|
Communication Services |
2,371 |
720 |
1,650 |
2,713 |
1,057 |
1,656 |
|
b) Transfers |
45,094 |
1,946 |
43,148 |
57,731 |
3,912 |
53,819 |
|
i) Official |
768 |
478 |
290 |
984 |
462 |
522 |
|
ii) Private |
44,327 |
1,469 |
42,858 |
56,747 |
3,450 |
53,297 |
|
c) Income |
13,842 |
19,959 |
–6,116 |
18,652 |
18,776 |
–124 |
|
i) Investment Income |
13,422 |
18,906 |
–5,484 |
18,009 |
17,452 |
557 |
|
ii) Compensation of Employees |
420 |
1,053 |
–632 |
643 |
1,324 |
–681 |
|
Total Current Account (I+II) |
3,23,976 |
3,37,828 |
–13,852 |
3,72,509 |
3,86,199 |
–13,689 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
3,33,402 |
2,74,812 |
58,590 |
3,54,879 |
3,35,380 |
19,499 |
|
a) Foreign Direct Investment (i+ii) |
33,131 |
24,764 |
8,367 |
59,242 |
24,866 |
34,376 |
|
i) In India |
31,553 |
171 |
31,383 |
57,212 |
135 |
57,078 |
|
Equity |
23,763 |
171 |
23,593 |
49,568 |
104 |
49,464 |
|
Reinvested Earnings |
7,576 |
— |
7,576 |
7,645 |
— |
7,645 |
|
Other Capital |
214 |
— |
214 |
— |
31 |
–31 |
|
ii) Abroad |
1,578 |
24,593 |
–23,015 |
2,030 |
24,731 |
–22,702 |
|
Equity |
1,578 |
20,545 |
–18,967 |
2,030 |
17,597 |
–15,567 |
|
Reinvested Earnings |
— |
1,069 |
–1,069 |
— |
1,079 |
–1,079 |
|
Other Capital |
— |
2,979 |
–2,979 |
— |
6,056 |
–6,056 |
|
b) Portfolio Investment |
3,00,271 |
2,50,048 |
50,223 |
2,95,637 |
3,10,514 |
–14,877 |
|
i) In India |
2,99,803 |
2,49,974 |
49,829 |
2,95,421 |
3,10,411 |
–14,990 |
|
of which |
|
|
|
|
|
|
|
FIIs |
2,85,347 |
2,49,974 |
35,374 |
2,93,911 |
3,10,411 |
–16,500 |
|
GDRs/ADRs |
13,705 |
— |
13,705 |
1,509 |
— |
1,509 |
|
ii) Abroad |
468 |
74 |
394 |
215 |
102 |
113 |
|
2. Loans (a+b+c) |
81,517 |
41,778 |
39,739 |
98,705 |
51,494 |
47,211 |
|
a) External Assistance |
4,377 |
2,147 |
2,230 |
5,642 |
2,297 |
3,346 |
|
i) By India |
23 |
27 |
–4 |
23 |
28 |
–4 |
|
ii) To India |
4,354 |
2,120 |
2,234 |
5,619 |
2,269 |
3,350 |
|
b) Commercial Borrowings |
33,255 |
8,632 |
24,623 |
29,054 |
8,313 |
20,741 |
|
i) By India |
1,433 |
1,516 |
–83 |
1,701 |
1,560 |
141 |
|
ii) To India |
31,822 |
7,115 |
24,706 |
27,354 |
6,754 |
20,600 |
|
c) Short Term To India |
43,886 |
30,999 |
12,887 |
64,009 |
40,884 |
23,125 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
40,374 |
30,999 |
9,375 |
57,801 |
40,884 |
16,917 |
|
ii) Suppliers’ Credit up to 180 days |
3,512 |
— |
3,512 |
6,208 |
— |
6,208 |
|
3. Banking Capital (a+b) |
49,677 |
48,860 |
817 |
83,428 |
60,226 |
23,202 |
|
a) Commercial Banks |
49,665 |
47,469 |
2,196 |
83,220 |
60,214 |
23,005 |
|
i) Assets |
22,242 |
15,544 |
6,699 |
27,790 |
21,939 |
5,850 |
|
ii) Liabilities |
27,423 |
31,925 |
–4,502 |
55,430 |
38,275 |
17,155 |
|
of which: Non-Resident Deposits |
25,478 |
28,845 |
–3,367 |
42,678 |
38,258 |
4,420 |
|
b) Others |
11 |
1,391 |
–1,380 |
208 |
12 |
197 |
|
4. Rupee Debt Service |
— |
— |
— |
— |
304 |
–304 |
|
5. Other Capital |
37,122 |
19,305 |
17,817 |
31,761 |
9,776 |
21,985 |
|
Total Capital Account (1 to 5) |
5,01,718 |
3,84,755 |
1,16,964 |
5,68,773 |
4,57,180 |
1,11,593 |
C. |
ERRORS & OMISSIONS |
2,403 |
— |
2,403 |
1,608 |
— |
1,608 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
8,28,097 |
7,22,582 |
1,05,515 |
9,42,890 |
8,43,379 |
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. 40: 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 |
2,39,332 |
3,44,624 |
–1,05,292 |
2,34,792 |
4,06,064 |
–1,71,272 |
|
II. Invisibles (a+b+c) |
1,64,224 |
72,569 |
91,655 |
2,00,699 |
84,481 |
1,16,219 |
|
a) Services |
96,033 |
51,421 |
44,612 |
1,22,256 |
59,213 |
63,043 |
|
i) Travel |
10,431 |
9,012 |
1,419 |
12,196 |
11,868 |
329 |
|
ii) Transportation |
10,894 |
13,863 |
–2,969 |
13,314 |
16,421 |
–3,107 |
|
iii) Insurance |
1,457 |
946 |
511 |
1,652 |
1,340 |
312 |
|
iv) G.n.i.e. |
541 |
460 |
81 |
355 |
418 |
–63 |
|
v) Miscellaneous |
72,710 |
27,140 |
45,570 |
94,739 |
29,167 |
65,572 |
|
of which |
|
|
|
|
|
|
|
Software Services |
50,324 |
3,514 |
46,810 |
53,061 |
4,092 |
48,968 |
|
Business Services |
14,846 |
13,403 |
1,443 |
21,215 |
17,659 |
3,556 |
|
Financial Services |
2,563 |
2,583 |
–20 |
7,323 |
4,229 |
3,094 |
|
Communication Services |
2,125 |
944 |
1,182 |
3,239 |
1,298 |
1,942 |
|
b) Transfers |
53,307 |
2,726 |
50,581 |
60,297 |
3,636 |
56,661 |
|
i) Official |
616 |
447 |
168 |
222 |
424 |
–201 |
|
ii) Private |
52,691 |
2,278 |
50,413 |
60,075 |
3,213 |
56,863 |
|
c) Income |
14,883 |
18,422 |
–3,538 |
18,146 |
21,631 |
–3,486 |
|
i) Investment Income |
14,239 |
17,053 |
–2,815 |
16,878 |
20,182 |
–3,305 |
|
ii) Compensation of Employees |
644 |
1,368 |
–724 |
1,268 |
1,449 |
–181 |
|
Total Current Account (I+II) |
4,03,555 |
4,17,192 |
–13,637 |
4,35,491 |
4,90,545 |
–55,053 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
2,20,365 |
2,00,548 |
19,817 |
2,26,676 |
2,10,953 |
15,723 |
|
a) Foreign Direct Investment (i+ii) |
50,543 |
13,203 |
37,340 |
40,041 |
18,578 |
21,463 |
|
i) In India |
49,561 |
89 |
49,472 |
38,660 |
229 |
38,431 |
|
Equity |
42,654 |
89 |
42,564 |
31,975 |
229 |
31,746 |
|
Reinvested Earnings |
6,217 |
— |
6,217 |
6,534 |
— |
6,534 |
|
Other Capital |
691 |
— |
691 |
151 |
— |
151 |
|
ii) Abroad |
982 |
13,114 |
–12,132 |
1,382 |
18,349 |
–16,967 |
|
Equity |
982 |
9,774 |
–8,792 |
1,382 |
15,001 |
–13,619 |
|
Reinvested Earnings |
— |
1,129 |
–1,129 |
— |
1,187 |
–1,187 |
|
Other Capital |
— |
2,211 |
–2,211 |
— |
2,161 |
–2,161 |
|
b) Portfolio Investment |
1,69,822 |
1,87,345 |
–17,524 |
1,86,634 |
1,92,375 |
–5,740 |
|
i) In India |
1,69,728 |
1,87,129 |
–17,401 |
1,86,579 |
1,92,277 |
–5,698 |
|
of which |
|
|
|
|
|
|
|
FIIs |
1,65,566 |
1,87,131 |
–21,565 |
1,85,984 |
1,92,276 |
–6,291 |
|
GDRs/ADRs |
4,161 |
— |
4,161 |
595 |
— |
595 |
|
ii) Abroad |
93 |
216 |
–123 |
56 |
98 |
–42 |
|
2. Loans (a+b+c) |
66,448 |
40,066 |
26,382 |
71,256 |
59,841 |
11,415 |
|
a) External Assistance |
3,787 |
2,327 |
1,461 |
4,794 |
2,525 |
2,268 |
|
i) By India |
24 |
35 |
–10 |
26 |
36 |
–11 |
|
ii) To India |
3,763 |
2,292 |
1,471 |
4,768 |
2,489 |
2,279 |
|
b) Commercial Borrowings |
11,498 |
5,335 |
6,163 |
15,638 |
8,253 |
7,385 |
|
i) By India |
1,680 |
793 |
886 |
2,327 |
605 |
1,722 |
|
ii) To India |
9,818 |
4,541 |
5,277 |
13,311 |
7,648 |
5,663 |
|
c) Short Term To India |
51,163 |
32,404 |
18,759 |
50,825 |
49,063 |
1,762 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
38,558 |
32,404 |
6,154 |
50,825 |
42,754 |
8,070 |
|
ii) Suppliers’ Credit up to 180 days |
12,605 |
— |
12,605 |
— |
6,309 |
–6,309 |
|
3. Banking Capital (a+b) |
91,589 |
80,359 |
11,231 |
71,625 |
61,666 |
9,959 |
|
a) Commercial Banks |
91,588 |
79,728 |
11,860 |
71,625 |
61,655 |
9,970 |
|
i) Assets |
47,726 |
43,876 |
3,851 |
28,879 |
22,564 |
6,315 |
|
ii) Liabilities |
43,862 |
35,852 |
8,010 |
42,747 |
39,091 |
3,655 |
|
of which: Non-Resident Deposits |
37,898 |
34,509 |
3,389 |
40,172 |
39,040 |
1,133 |
|
b) Others |
1 |
631 |
–630 |
— |
11 |
–11 |
|
4. Rupee Debt Service |
— |
123 |
–123 |
— |
12 |
–12 |
|
5. Other Capital |
14,823 |
51,914 |
–37,091 |
24,496 |
30,502 |
–6,006 |
|
Total Capital Account (1 to 5) |
3,93,226 |
3,73,010 |
20,216 |
3,94,053 |
3,62,974 |
31,079 |
C. |
ERRORS & OMISSIONS |
2,731 |
— |
2,731 |
3,249 |
— |
3,249 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,99,512 |
7,90,203 |
9,310 |
8,32,794 |
8,53,519 |
–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. 40: India's Overall Balance of Payments (Contd.) |
||||||||||
(Rs. crore) |
||||||||||
Items |
Oct-Dec 2008 PR |
Jan-Mar 2009 PR |
Apr-Jun 2009 PR |
|||||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
44 |
45 |
46 |
47 |
48 |
49 |
50 |
51 |
52 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
|
|
|
I. Merchandise |
1,92,300 |
3,58,331 |
–1,66,031 |
1,91,536 |
2,92,099 |
–1,00,563 |
1,89,246 |
3,16,173 |
–1,26,927 |
|
II. Invisibles (a+b+c) |
2,00,605 |
91,467 |
1,09,139 |
1,84,805 |
90,274 |
94,531 |
1,77,896 |
80,209 |
97,687 |
|
a) Services |
1,31,417 |
63,875 |
67,543 |
1,18,208 |
65,097 |
53,111 |
98,398 |
54,010 |
44,388 |
|
i) Travel |
14,260 |
9,487 |
4,773 |
13,339 |
12,969 |
369 |
11,155 |
9,779 |
1,376 |
|
ii) Transportation |
13,231 |
15,806 |
–2,575 |
14,514 |
12,441 |
2,072 |
12,147 |
13,549 |
–1,402 |
|
iii) Insurance |
1,678 |
1,305 |
373 |
1,730 |
1,639 |
91 |
1,888 |
1,532 |
356 |
|
iv) G.n.i.e. |
471 |
1,134 |
–663 |
404 |
1,765 |
–1,361 |
487 |
501 |
–14 |
|
v) Miscellaneous |
1,01,777 |
36,142 |
65,635 |
88,221 |
36,282 |
51,939 |
72,721 |
28,649 |
44,071 |
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
54,975 |
2,828 |
52,146 |
53,882 |
2,267 |
51,615 |
52,517 |
1,909 |
50,608 |
|
Business Services |
20,408 |
17,397 |
3,011 |
19,163 |
22,978 |
–3,815 |
12,619 |
18,856 |
–6,237 |
|
Financial Services |
4,337 |
3,607 |
730 |
3,838 |
3,150 |
688 |
5,447 |
4,526 |
921 |
|
Communication Services |
2,402 |
1,252 |
1,151 |
2,136 |
1,533 |
603 |
2,039 |
1,523 |
516 |
|
b) Transfers |
53,624 |
4,123 |
49,502 |
49,677 |
2,084 |
47,594 |
65,103 |
2,274 |
62,828 |
|
i) Official |
1,390 |
477 |
912 |
801 |
552 |
249 |
222 |
520 |
–298 |
|
ii) Private |
52,235 |
3,645 |
48,589 |
48,876 |
1,532 |
47,345 |
64,881 |
1,754 |
63,126 |
|
c) Income |
15,564 |
23,469 |
–7,905 |
16,920 |
23,093 |
–6,174 |
14,395 |
23,925 |
–9,529 |
|
i) Investment Income |
14,628 |
21,820 |
–7,193 |
15,978 |
21,541 |
–5,563 |
13,287 |
22,278 |
–8,991 |
|
ii) Compensation of Employees |
936 |
1,649 |
–713 |
942 |
1,552 |
–610 |
1,109 |
1,647 |
–538 |
|
Total Current Account (I+II) |
3,92,905 |
4,49,797 |
–56,892 |
3,76,341 |
3,82,373 |
–6,032 |
3,67,142 |
3,96,382 |
–29,240 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
1,61,720 |
187,926 |
–26,207 |
1,34,752 |
1,32,299 |
2,453 |
2,36,285 |
1,61,668 |
74,617 |
|
a) Foreign Direct Investment (i+ii) |
32,021 |
29,846 |
2,174 |
41,882 |
26,028 |
15,853 |
47,836 |
13,560 |
34,276 |
|
i) In India |
30,995 |
141 |
30,853 |
40,185 |
314 |
39,872 |
47,228 |
141 |
47,087 |
|
Equity |
20,035 |
141 |
19,893 |
31,465 |
314 |
31,152 |
36,109 |
141 |
35,968 |
|
Reinvested Earnings |
8,394 |
— |
8,394 |
8,568 |
— |
8,568 |
9,345 |
— |
9,345 |
|
Other Capital |
2,566 |
— |
2,566 |
152 |
— |
152 |
1,774 |
— |
1,774 |
|
ii) Abroad |
1,026 |
29,705 |
–28,679 |
1,697 |
25,715 |
–24,018 |
608 |
13,419 |
–12,811 |
|
Equity |
1,026 |
21,891 |
–20,865 |
1,697 |
21,935 |
–20,238 |
608 |
10,017 |
–9,409 |
|
Reinvested Earnings |
— |
1,321 |
–1,321 |
— |
1,349 |
–1,349 |
— |
1,322 |
–1,322 |
|
Other Capital |
— |
6,492 |
–6,492 |
— |
2,431 |
–2,431 |
— |
2,080 |
–2,080 |
|
b) Portfolio Investment |
1,29,699 |
1,58,080 |
–28,381 |
92,871 |
1,06,271 |
–13,400 |
1,88,449 |
1,48,108 |
40,340 |
|
i) In India |
1,29,556 |
1,57,771 |
–28,215 |
92,483 |
1,05,365 |
–12,882 |
1,88,337 |
1,47,987 |
40,350 |
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
1,29,520 |
1,57,773 |
–28,253 |
92,381 |
1,05,368 |
–12,986 |
1,88,127 |
1,47,987 |
40,140 |
|
GDRs/ADRs |
34 |
— |
34 |
100 |
— |
100 |
210 |
— |
210 |
|
ii) Abroad |
143 |
309 |
–166 |
388 |
906 |
–518 |
112 |
121 |
–9 |
|
2. Loans (a+b+c) |
77,022 |
74,348 |
2,674 |
70,200 |
74,282 |
–4,082 |
63,039 |
71,920 |
–8,880 |
|
a) External Assistance |
8,068 |
3,233 |
4,835 |
6,883 |
3,017 |
3,866 |
4,004 |
3,593 |
411 |
|
i) By India |
29 |
41 |
–12 |
29 |
41 |
–12 |
64 |
568 |
–504 |
|
ii) To India |
8,039 |
3,192 |
4,847 |
6,854 |
2,976 |
3,878 |
3,940 |
3,025 |
915 |
|
b) Commercial Borrowings |
26,456 |
8,035 |
18,421 |
17,355 |
12,393 |
4,962 |
9,633 |
11,786 |
–2,153 |
|
i) By India |
3,230 |
721 |
2,509 |
1,988 |
1,524 |
464 |
1,190 |
1,624 |
–434 |
|
ii) To India |
23,226 |
7,314 |
15,912 |
15,367 |
10,869 |
4,498 |
8,443 |
10,162 |
–1,718 |
|
c) Short Term To India |
42,498 |
63,080 |
–20,583 |
45,962 |
58,872 |
–12,910 |
49,402 |
56,540 |
–7,139 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
42,498 |
50,504 |
–8,007 |
45,962 |
52,013 |
–6,051 |
49,402 |
46,787 |
2,614 |
|
ii) Suppliers’ Credit up to 180 days |
— |
12,576 |
–12,576 |
— |
6,859 |
–6,859 |
— |
9,753 |
–9,753 |
|
3. Banking Capital (a+b) |
72,314 |
96,483 |
–24,169 |
59,879 |
76,105 |
–16,226 |
75,997 |
92,417 |
–16,420 |
|
a) Commercial Banks |
72,303 |
94,381 |
–22,078 |
59,326 |
76,105 |
–16,779 |
75,996 |
91,253 |
–15,256 |
|
i) Assets |
25,317 |
36,772 |
–11,456 |
12,831 |
27,364 |
–14,533 |
21,310 |
33,889 |
–12,579 |
|
ii) Liabilities |
46,986 |
57,609 |
–10,622 |
46,495 |
48,741 |
–2,246 |
54,686 |
57,364 |
–2,678 |
|
of which: Non-Resident Deposits |
46,532 |
41,453 |
5,079 |
46,445 |
35,615 |
10,829 |
54,505 |
45,639 |
8,866 |
|
b) Others |
12 |
2,102 |
–2,091 |
553 |
— |
553 |
1 |
1,165 |
–1,163 |
|
4. Rupee Debt Service |
— |
— |
— |
— |
336 |
–336 |
— |
110 |
–110 |
|
5. Other Capital |
23,704 |
5,816 |
17,887 |
30,680 |
5,479 |
25,202 |
1,448 |
21,600 |
–20,152 |
|
Total Capital Account (1 to 5) |
3,34,759 |
3,64,574 |
–29,815 |
2,95,512 |
2,88,502 |
7,010 |
3,76,770 |
3,47,716 |
29,054 |
C. |
ERRORS & OMISSIONS |
— |
487 |
–487 |
515 |
— |
515 |
747 |
— |
747 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,27,665 |
8,14,858 |
–87,193 |
6,72,368 |
6,70,875 |
1,493 |
7,44,658 |
7,44,097 |
561 |
E. |
MONETARY MOVEMENTS (i+ii) |
87,193 |
— |
87,193 |
— |
1,493 |
–1,493 |
— |
561 |
–561 |
|
i) I.M.F. |
— |
— |
— |
— |
— |
— |
— |
— |
— |
|
ii) Foreign Exchange Reserves (Increase – / Decrease +) |
87,193 |
— |
87,193 |
— |
1,493 |
–1,493 |
— |
561 |
–561 |
|
of which: SDR Allocation |
|
|
|
|
|
|
— |
— |
— |
No. 40: India's Overall Balance of Payments (Concld.) |
||||||||||
(Rs. crore) |
||||||||||
Items |
Jul-Sep 2009 P |
April-Sept 2008 PR |
April-Sept 2009 P |
|||||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
53 |
54 |
55 |
56 |
57 |
58 |
59 |
60 |
61 |
|
A. |
CURRENT ACCOUNT |
|
|
|
|
|
|
|
|
|
|
I. Merchandise |
205,049 |
360,960 |
–155,911 |
474,124 |
750,687 |
–276,564 |
394,295 |
677,133 |
–282,838 |
|
II. Invisibles (a+b+c) |
188,372 |
93,589 |
94,783 |
364,923 |
157,049 |
207,874 |
366,268 |
173,798 |
192,470 |
|
a) Services |
96,296 |
65,924 |
30,373 |
218,289 |
110,635 |
107,655 |
194,694 |
119,933 |
74,761 |
|
i) Travel |
12,196 |
11,585 |
611 |
22,627 |
20,880 |
1,747 |
23,351 |
21,365 |
1,987 |
|
ii) Transportation |
12,425 |
10,751 |
1,674 |
24,208 |
30,284 |
–6,076 |
24,572 |
24,300 |
272 |
|
iii) Insurance |
1,859 |
1,649 |
210 |
3,109 |
2,286 |
823 |
3,746 |
3,181 |
566 |
|
iv) G.n.i.e. |
485 |
628 |
–143 |
896 |
878 |
18 |
973 |
1,129 |
–156 |
|
v) Miscellaneous |
69,331 |
41,311 |
28,021 |
167,449 |
56,307 |
111,142 |
142,052 |
69,960 |
72,092 |
|
of which |
|
|
|
|
|
|
|
|
|
|
Software Services |
51,540 |
2,119 |
49,421 |
103,385 |
7,607 |
95,779 |
104,056 |
4,027 |
100,029 |
|
Business Services |
12,122 |
22,332 |
–10,210 |
36,060 |
31,062 |
4,999 |
24,741 |
41,188 |
–16,447 |
|
Financial Services |
3,545 |
5,495 |
–1,949 |
9,886 |
6,812 |
3,074 |
8,992 |
10,020 |
–1,028 |
|
Communication Services |
1,484 |
1,514 |
–30 |
5,365 |
2,241 |
3,124 |
3,524 |
3,037 |
486 |
|
b) Transfers |
69,082 |
2,738 |
66,343 |
113,605 |
6,362 |
107,243 |
134,184 |
5,012 |
129,172 |
|
i) Official |
247 |
510 |
–263 |
838 |
871 |
–33 |
469 |
1,030 |
–560 |
|
ii) Private |
68,835 |
2,229 |
66,606 |
112,766 |
5,491 |
107,275 |
133,715 |
3,983 |
129,732 |
|
c) Income |
22,994 |
24,927 |
–1,933 |
33,029 |
40,053 |
–7,024 |
37,389 |
48,852 |
–11,463 |
|
i) Investment Income |
22,000 |
23,198 |
–1,199 |
31,117 |
37,236 |
–6,119 |
35,286 |
45,476 |
–10,190 |
|
ii) Compensation of Employees |
994 |
1,729 |
–735 |
1,912 |
2,817 |
–905 |
2,103 |
3,376 |
–1,273 |
|
Total Current Account (I+II) |
393,421 |
454,549 |
–61,128 |
839,046 |
907,737 |
–68,690 |
760,563 |
850,931 |
–90,368 |
B. |
CAPITAL ACCOUNT |
|
|
|
|
|
|
|
|
|
|
1. Foreign Investment (a+b) |
270,254 |
188,941 |
81,312 |
447,041 |
411,501 |
35,540 |
506,539 |
350,610 |
155,929 |
|
a) Foreign Direct Investment (i+ii) |
55,474 |
21,018 |
34,456 |
90,585 |
31,781 |
58,804 |
103,310 |
34,578 |
68,732 |
|
i) In India |
55,013 |
177 |
54,836 |
88,221 |
318 |
87,903 |
102,241 |
318 |
101,923 |
|
Equity |
41,838 |
177 |
41,661 |
74,628 |
318 |
74,310 |
77,946 |
318 |
77,629 |
|
Reinvested Earnings |
9,274 |
— |
9,274 |
12,751 |
— |
12,751 |
18,619 |
— |
18,619 |
|
Other Capital |
3,901 |
— |
3,901 |
842 |
— |
842 |
5,675 |
— |
5,675 |
|
ii) Abroad |
461 |
20,841 |
–20,380 |
2,364 |
31,462 |
–29,099 |
1,069 |
34,260 |
–33,191 |
|
Equity |
461 |
12,657 |
–12,196 |
2,364 |
24,775 |
–22,411 |
1,069 |
22,674 |
–21,605 |
|
Reinvested Earnings |
— |
1,312 |
–1,312 |
— |
2,316 |
–2,316 |
— |
2,635 |
–2,635 |
|
Other Capital |
— |
6,871 |
–6,871 |
— |
4,372 |
–4,372 |
— |
8,952 |
–8,952 |
|
b) Portfolio Investment |
214,780 |
167,924 |
46,856 |
356,456 |
379,720 |
–23,264 |
403,229 |
316,032 |
87,197 |
|
i) In India |
214,761 |
167,789 |
46,972 |
356,307 |
379,406 |
–23,099 |
403,098 |
315,776 |
87,321 |
|
of which |
|
|
|
|
|
|
|
|
|
|
FIIs |
201,864 |
167,789 |
34,075 |
351,550 |
379,406 |
–27,856 |
389,991 |
315,776 |
74,215 |
|
GDRs/ADRs |
12,897 |
— |
12,897 |
4,757 |
— |
4,757 |
13,106 |
— |
13,106 |
|
ii) Abroad |
19 |
135 |
–115 |
149 |
314 |
–165 |
131 |
256 |
–125 |
|
2. Loans (a+b+c) |
77,453 |
65,262 |
12,192 |
137,704 |
99,907 |
37,797 |
140,493 |
137,182 |
3,311 |
|
a) External Assistance |
5,988 |
3,630 |
2,358 |
8,581 |
4,852 |
3,729 |
9,992 |
7,223 |
2,769 |
|
i) By India |
64 |
564 |
–500 |
50 |
71 |
–21 |
128 |
1,132 |
–1,004 |
|
ii) To India |
5,924 |
3,066 |
2,858 |
8,531 |
4,781 |
3,750 |
9,864 |
6,091 |
3,773 |
|
b) Commercial Borrowings |
15,463 |
9,722 |
5,741 |
27,135 |
13,588 |
13,548 |
25,097 |
21,508 |
3,588 |
|
i) By India |
995 |
1,039 |
–44 |
4,007 |
1,399 |
2,608 |
2,185 |
2,664 |
–479 |
|
ii) To India |
14,468 |
8,683 |
5,785 |
23,129 |
12,189 |
10,940 |
22,911 |
18,844 |
4,067 |
|
c) Short Term To India |
56,002 |
51,910 |
4,092 |
101,988 |
81,467 |
20,521 |
105,404 |
108,450 |
–3,046 |
|
i) Suppliers’ Credit >180 days & Buyers’ Credit |
53,228 |
51,910 |
1,318 |
89,383 |
75,159 |
14,224 |
102,630 |
98,697 |
3,932 |
|
ii) Suppliers’ Credit up to 180 days |
2,774 |
— |
2,774 |
12,605 |
6,309 |
6,296 |
2,774 |
9,753 |
–6,979 |
|
3. Banking Capital (a+b) |
80,101 |
58,687 |
21,414 |
163,215 |
142,025 |
21,190 |
156,098 |
151,104 |
4,994 |
|
a) Commercial Banks |
80,101 |
58,048 |
22,052 |
163,213 |
141,383 |
21,830 |
156,097 |
149,301 |
6,796 |
|
i) Assets |
29,687 |
8,374 |
21,313 |
76,605 |
66,439 |
10,166 |
50,997 |
42,263 |
8,734 |
|
ii) Liabilities |
50,414 |
49,674 |
740 |
86,609 |
74,944 |
11,665 |
105,100 |
107,038 |
–1,938 |
|
of which: Non-Resident Deposits |
50,072 |
45,003 |
5,069 |
78,070 |
73,549 |
4,522 |
104,577 |
90,642 |
13,935 |
|
b) Others |
— |
639 |
–639 |
1 |
642 |
–641 |
1 |
1,803 |
–1,802 |
|
4. Rupee Debt Service |
— |
4 |
–4 |
— |
135 |
–135 |
— |
114 |
–114 |
|
5. Other Capital |
47,206 |
47,792 |
–585 |
39,320 |
82,416 |
–43,097 |
48,654 |
69,392 |
–20,738 |
|
Total Capital Account (1 to 5) |
475,014 |
360,686 |
114,328 |
787,280 |
735,984 |
51,295 |
851,784 |
708,402 |
143,382 |
C. |
ERRORS & OMISSIONS |
— |
7,601 |
–7,601 |
5,980 |
— |
5,980 |
— |
6,854 |
–6,854 |
D. |
OVERALL BALANCE (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
868,435 |
822,836 |
45,600 |
1,632,306 |
1,643,721 |
–11,415 |
1,612,346 |
1,566,186 |
46,161 |
E. |
MONETARY MOVEMENTS (i+ii) |
— |
45,600 |
–45,600 |
11,415 |
— |
11,415 |
— |
46,161 |
–46,161 |
|
i) I.M.F. |
— |
— |
— |
— |
— |
— |
— |
— |
— |
|
ii) Foreign Exchange Reserves (Increase – / Decrease +) |
— |
45,600 |
–45,600 |
11415 |
— |
11415 |
— |
46,161 |
–46,161 |
|
of which: SDR Allocation |
— |
24,983 |
–24,983 |
— |
— |
— |
— |
24,983 |
–24,983 |