44A. Outward Remittances under the Liberalised Remittance Scheme for Resident Individuals - ਆਰਬੀਆਈ - Reserve Bank of India
44A. Outward Remittances under the Liberalised Remittance Scheme for Resident Individuals
(US $ million) |
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Purpose |
2004–05 |
2005–06 |
2006–07 |
2007–08 |
2008–09 |
2009–10 |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
1.Deposit |
9.1 |
23.2 |
19.7 |
24.0 |
30.4 |
37.4 |
2.Purchase of immovable property |
0.5 |
1.9 |
8.5 |
39.5 |
55.9 |
47.6 |
3.Investment in equity/debt |
– |
– |
20.7 |
144.7 |
151.4 |
206.5 |
4.Gift |
– |
– |
7.4 |
70.3 |
133.0 |
159.9 |
5.Donations |
– |
– |
0.1 |
1.6 |
1.4 |
5.3 |
6.Travel |
– |
– |
– |
– |
– |
17.4 |
7.Maintenance of close relatives |
– |
– |
– |
– |
– |
170.9 |
8.Medical Treatment |
– |
– |
– |
– |
– |
18.3 |
9.Studies Abroad |
– |
– |
– |
– |
– |
217.8 |
10.Others** |
– |
– |
16.4 |
160.4 |
436.0 |
101.8 |
Total (1 to 10) |
9.6 |
25.0 |
72.8 |
440.5 |
808.1 |
983.0 |
(US $ million) |
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Purpose |
2009-10 |
|||||||||||
April |
May |
June |
July |
August |
Sept. |
Oct. |
Nov. |
Dec. |
Jan. |
Feb. |
March |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
1. Deposit |
2.3 |
2.8 |
3.2 |
1.9 |
1.7 |
3.0 |
2.7 |
2.0 |
3.6 |
1.9 |
3.3 |
9.0 |
2. Purchase of immovable property |
4.2 |
3.8 |
3.4 |
2.5 |
4.7 |
3.7 |
2.9 |
2.9 |
3.6 |
3.2 |
2.1 |
10.6 |
3. Investment in equity/debt |
12.6 |
12.2 |
14.8 |
10.7 |
15.4 |
12.6 |
20.2 |
12.8 |
16.6 |
10.4 |
16.0 |
52.2 |
4. Gift |
13.6 |
11.7 |
13.7 |
13.0 |
11.2 |
11.5 |
12.6 |
11.7 |
12.3 |
11.9 |
14.7 |
22.0 |
5. Donations |
0.1 |
0.2 |
0.6 |
0.1 |
0.2 |
0.4 |
2.3 |
0.2 |
0.1 |
0.6 |
0.2 |
0.3 |
6. Travel |
1.4 |
1.5 |
1.1 |
2.5 |
1.2 |
2.3 |
1.8 |
1.8 |
0.6 |
0.8 |
0.8 |
1.6 |
7. Maintenance of close relatives |
10.5 |
10.0 |
8.8 |
9.7 |
13.3 |
10.8 |
19.5 |
16.5 |
17.6 |
15.9 |
13.4 |
24.9 |
8. Medical Treatment |
1.3 |
2.3 |
2.4 |
2.3 |
1.6 |
1.9 |
1.6 |
1.4 |
1.0 |
0.9 |
0.7 |
0.9 |
9. Studies Abroad |
6.1 |
6.8 |
89.3 |
12.7 |
21.0 |
18.5 |
7.7 |
11.0 |
10.6 |
13.9 |
11.2 |
9.0 |
10. Others ** |
6.0 |
6.4 |
7.6 |
9.5 |
8.5 |
7.5 |
6.2 |
5.5 |
6.7 |
10.2 |
8.5 |
19.2 |
Total ( 1 to 10) |
58.1 |
57.7 |
145.0 |
64.9 |
78.8 |
72.2 |
77.5 |
65.8 |
72.7 |
69.7 |
70.9 |
149.7 |
(US$ million) |
||||||||||
Purpose |
2010-11 |
|||||||||
April |
May |
June |
July |
August |
September |
October |
November |
December |
January |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
1. Deposit |
3.6 |
2.5 |
2.3 |
1.5 |
1.3 |
0.8 |
2.9 |
1.7 |
1.6 |
1.1 |
2. Purchase of immovable property |
7.5 |
5.8 |
5.9 |
4.4 |
4.6 |
4.6 |
6.8 |
5.0 |
4.0 |
4.4 |
3. Investment in equity/debt |
22.2 |
21.6 |
18.2 |
17.6 |
17.5 |
15.6 |
24.8 |
15.3 |
16.9 |
19.4 |
4. Gift |
24.5 |
16.6 |
16.5 |
15.1 |
19.2 |
15.8 |
23.1 |
23.1 |
29.3 |
15.1 |
5. Donations |
0.5 |
0.1 |
0.2 |
0.1 |
0.4 |
– |
0.3 |
0.3 |
0.1 |
0.2 |
6. Travel |
1.6 |
1.5 |
1.2 |
2.2 |
2.6 |
1.3 |
1.3 |
1.2 |
1.1 |
0.7 |
7. Maintenance of close relatives |
61.1 |
19.7 |
15.1 |
14.7 |
20.7 |
14.5 |
18.9 |
12.1 |
40.4 |
9.6 |
8. Medical Treatment |
0.8 |
0.6 |
0.7 |
0.7 |
0.5 |
0.4 |
0.3 |
0.6 |
0.6 |
0.04 |
9. Studies Abroad |
7.7 |
9.6 |
6.9 |
13.0 |
18.6 |
23.9 |
12.6 |
10.4 |
11.7 |
13.1 |
10. Others ** |
11.7 |
12.2 |
10.1 |
7.6 |
9.5 |
7.3 |
8.3 |
12.0 |
14.0 |
10.1 |
Total ( 1 to 10) |
141.2 |
90.2 |
77.1 |
76.9 |
94.7 |
84.2 |
99.3 |
81.7 |
119.7 |
73.7 |
- 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).
Notes : (i) The data from 2004 to 2007 are on calendar basis.
(ii) Under Liberalised Remittance Scheme (LRS), currently, the residents are permitted to remit up to an amount of US $ 2,00,000 per financialyear (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 toUS $ 2, 00,000 per financial year in September 2007.
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