44A. Outward Remittances under the Liberalised Remittance Scheme for Resident Individuals - ଆରବିଆଇ - Reserve Bank of India
44A. Outward Remittances under the Liberalised Remittance Scheme for Resident Individuals
(US$ Million) |
|||||||||
Purpose |
2004-05 |
2005-06 |
2006-07 |
2007-08 |
2008-09 |
2009-10 |
2010-11 |
2011-12 |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
||
1. |
Deposit |
9.1 |
23.2 |
19.7 |
24.0 |
30.4 |
37.4 |
29.6 |
26.6 |
2. |
Purchase of immovable property |
0.5 |
1.9 |
8.5 |
39.5 |
55.9 |
47.6 |
66.3 |
62.2 |
3. |
Investment in equity/debt |
- |
- |
20.7 |
144.7 |
151.4 |
206.5 |
265.9 |
239.5 |
4. |
Gift |
- |
- |
7.4 |
70.3 |
133.0 |
159.9 |
242.5 |
244.6 |
5. |
Donations |
- |
- |
0.1 |
1.6 |
1.4 |
5.3 |
3.6 |
3.5 |
6 |
Travel |
- |
- |
- |
- |
- |
17.4 |
16.2 |
34.9 |
7. |
Maintenance of close relatives |
- |
- |
- |
- |
- |
170.9 |
255.2 |
165.2 |
8. |
Medical Treatment |
- |
- |
- |
- |
- |
18.3 |
5.7 |
3.6 |
9. |
Studies Abroad |
- |
- |
- |
- |
- |
217.8 |
150.1 |
114.3 |
10. |
Others** |
- |
- |
16.4 |
160.4 |
436.0 |
101.8 |
128.6 |
107.2 |
|
Total (1 to 10) |
9.6 |
25.0 |
72.8 |
440.5 |
808.1 |
983.0 |
1,163.5 |
1,001.6 |
(US$ Million) |
|||||||||||||
Purpose |
2011-12 |
||||||||||||
Apr. |
May |
Jun. |
Jul. |
Aug. |
Sep. |
Oct. |
Nov. |
Dec. |
Jan. |
Feb. |
Mar. |
||
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
||
1. |
Deposit |
3.3 |
2.6 |
2.3 |
0.9 |
1.1 |
1.4 |
0.6 |
1.2 |
1.3 |
1.3 |
1.8 |
8.8 |
2. |
Purchase of immovable property |
6.8 |
6.0 |
6.2 |
7.2 |
5.2 |
3.8 |
4.2 |
5.1 |
4.2 |
2.0 |
3.4 |
8.1 |
3. |
Investment in equity/debt |
26.2 |
21.4 |
16.3 |
19.0 |
20.1 |
18.2 |
13.8 |
12.6 |
11.2 |
14.8 |
19.1 |
46.8 |
4. |
Gift |
38.3 |
23.4 |
22.9 |
21.4 |
17.3 |
17.1 |
13.2 |
12.9 |
14.2 |
12.1 |
20.8 |
31.0 |
5. |
Donations |
- |
0.2 |
0.9 |
0.3 |
0.1 |
0.3 |
0.4 |
0.1 |
0.3 |
0.2 |
0.4 |
0.3 |
6. |
Travel |
2.2 |
2.0 |
1.8 |
2.5 |
1.7 |
3.9 |
3.4 |
3.4 |
3.1 |
4.1 |
3.3 |
3.5 |
7. |
Maintenance of close relatives |
12.9 |
11.2 |
10.5 |
11.1 |
9.3 |
13.0 |
12.3 |
14.3 |
13.5 |
14.4 |
18.4 |
24.3 |
8. |
Medical Treatment |
0.2 |
0.4 |
0.2 |
0.02 |
0.3 |
0.6 |
0.3 |
0.2 |
0.3 |
0.6 |
0.2 |
0.3 |
9. |
Studies Abroad |
6.5 |
7.9 |
6.8 |
9.1 |
15.5 |
12.5 |
7.5 |
8.8 |
8.1 |
11.8 |
8.7 |
11.1 |
10. |
Others ** |
7.0 |
8.5 |
6.3 |
6.7 |
8.3 |
8.4 |
9.4 |
6.8 |
6.0 |
8.3 |
15.2 |
16.3 |
|
Total ( 1 to 10) |
103.4 |
83.7 |
74.2 |
78.2 |
78.9 |
79.2 |
64.9 |
65.5 |
62.1 |
69.6 |
91.3 |
150.6 |
(US$ Million) |
||||
Purpose |
2012-13 |
|||
Apr. |
May |
June |
||
1 |
2 |
3 |
||
1. |
Deposit |
2.6 |
1.9 |
1.5 |
2. |
Purchase of immovable property |
6.1 |
5.9 |
3.2 |
3. |
Investment in equity/debt |
19.1 |
17.3 |
19.1 |
4. |
Gift |
22.3 |
19.8 |
24.8 |
5. |
Donations |
0.1 |
0.4 |
0.5 |
6. |
Travel |
0.5 |
3.3 |
3.8 |
7. |
Maintenance of close relatives |
14.5 |
31.8 |
15.1 |
8. |
Medical Treatment |
0.3 |
0.3 |
0.4 |
9. |
Studies Abroad |
4.6 |
7.7 |
10.3 |
10. |
Others ** |
7.6 |
16.6 |
58.7 |
|
Total ( 1 to 10) |
77.8 |
105.0 |
137.3 |
– Not available
** Include items such as subscription to journals, maintenance of investment abroad, student loan repayments, credit card payments etc.(till 2008-09 also includes education, travel, maintenance of close relatives and medical treatment).
Note: 1. The data from 2004 to 2007 are on calendar basis.
2. Under Liberalised Remittance Scheme (LRS), currently, the residents are permitted to remit up to an amount of US $ 2,00,000 per financial year (April-March) for any permitted current or capital account transactions or a combination of both with effect from September 26, 2007. The LRS Scheme was introduced in February 2004 to facilitate resident individuals to freely remit up to US $ 25,000 per calendar year, which was enhanced to US $ 50,000 per financial year in December 2006; to US $ 1, 00,000 per financial year in May 2007; and to US $ 2, 00,000 per financial year in September 2007.