No. 42 : India's Overall Balance of Payments in Dollars - ਆਰਬੀਆਈ - Reserve Bank of India
No. 42 : India's Overall Balance of Payments in Dollars
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(US $ million) |
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Items |
1990-91 PR |
1996-97 PR |
1997-98 PR |
1998-99 |
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|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
|
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
12 |
13 |
A. |
CURRENT ACCOUNT |
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I. |
MERCHANDISE |
18477 |
27915 |
-9438 |
34133 |
48948 |
-14815 |
35680 |
51187 |
-15507 |
34298 |
47544 |
-13246 |
II. |
INVISIBLES (a+b+c) |
7464 |
7706 |
-242 |
21405 |
11209 |
10196 |
23244 |
13237 |
10007 |
25770 |
16562 |
9208 |
a) |
Services |
4551 |
3571 |
980 |
7474 |
6748 |
726 |
9429 |
8110 |
1319 |
13186 |
11021 |
2165 |
i) Travel |
1456 |
392 |
1064 |
2878 |
858 |
2020 |
2914 |
1437 |
1477 |
2993 |
1743 |
1250 |
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ii) Transportation |
983 |
1093 |
-110 |
1953 |
2394 |
-441 |
1836 |
2522 |
-686 |
1925 |
2680 |
-755 |
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iii) Insurance |
111 |
88 |
23 |
217 |
153 |
64 |
240 |
183 |
57 |
224 |
112 |
112 |
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iv) G.n.i.e. |
15 |
173 |
-158 |
72 |
178 |
-106 |
276 |
160 |
116 |
597 |
325 |
272 |
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v) Miscellaneous |
1986 |
1825 |
161 |
2354 |
3165 |
-811 |
4163 |
3808 |
355 |
7447 |
6161 |
1286 |
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b) |
Transfers |
2545 |
15 |
2530 |
12858 |
81 |
12777 |
12254 |
45 |
12209 |
10649 |
62 |
10587 |
vi) Official |
462 |
1 |
461 |
423 |
13 |
410 |
379 |
- |
379 |
308 |
1 |
307 |
|
vii) Private |
2083 |
14 |
2069 |
12435 |
68 |
12367 |
11875 |
45 |
11830 |
10341 |
61 |
10280 |
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c) |
Income |
368 |
4120 |
-3752 |
1073 |
4380 |
-3307 |
1561 |
5082 |
-3521 |
1935 |
5479 |
-3544 |
I) Investment Income |
368 |
4120 |
-3752 |
1073 |
4380 |
-3307 |
1561 |
5020 |
-3459 |
1893 |
5462 |
-3569 |
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II) Compensation to employees |
- |
- |
- |
- |
- |
- |
- |
62 |
-62 |
42 |
17 |
25 |
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Total Current Account (I+II) |
25941 |
35621 |
-9680 |
55538 |
60157 |
-4619 |
58924 |
64424 |
-5500 |
60068 |
64106 |
-4038 |
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B. |
CAPITAL ACCOUNT |
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1. |
Foreign Investment (a+b) |
113 |
10 |
103 |
7824 |
1861 |
5963 |
9266 |
3913 |
5353 |
5892 |
3580 |
2312 |
a) In India |
113 |
10 |
103 |
7816 |
1663 |
6153 |
9169 |
3779 |
5390 |
5743 |
3331 |
2412 |
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i. Direct |
107 |
10 |
97 |
2863 |
22 |
2841 |
3596 |
34 |
3562 |
2518 |
38 |
2480 |
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ii. Portfolio |
6 |
0 |
6 |
4953 |
1641 |
3312 |
5573 |
3745 |
1828 |
3225 |
3293 |
-68 |
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b) |
Abroad |
- |
- |
- |
8 |
198 |
-190 |
97 |
134 |
-37 |
149 |
249 |
-100 |
2. |
Loans (a+b+c) |
9432 |
3899 |
5533 |
17720 |
12925 |
4795 |
17301 |
12502 |
4799 |
14771 |
10353 |
4418 |
a) |
External Assistance |
3397 |
1193 |
2204 |
3056 |
1955 |
1101 |
2885 |
2000 |
885 |
2726 |
1927 |
799 |
i) By India |
- |
6 |
-6 |
- |
8 |
-8 |
- |
22 |
-22 |
- |
21 |
-21 |
|
ii) To India |
3397 |
1187 |
2210 |
3056 |
1947 |
1109 |
2885 |
1978 |
907 |
2726 |
1906 |
820 |
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b) |
Commercial Borrowings (MT & LT) |
4282 |
2028 |
2254 |
7579 |
4723 |
2856 |
7382 |
3372 |
4010 |
7231 |
2864 |
4367 |
i) By India |
30 |
24 |
6 |
8 |
- |
8 |
11 |
- |
11 |
5 |
- |
5 |
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ii) To India |
4252 |
2004 |
2248 |
7571 |
4723 |
2848 |
7371 |
3372 |
3999 |
7226 |
2864 |
4362 |
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c) |
Short Term to India |
1753 |
678 |
1075 |
7085 |
6247 |
838 |
7034 |
7130 |
-96 |
4814 |
5562 |
-748 |
3. |
Banking Capital (a+b) |
10106 |
9424 |
682 |
8018 |
5789 |
2229 |
8910 |
9803 |
-893 |
8197 |
6717 |
1480 |
a) |
Commercial Banks |
7960 |
7056 |
904 |
7632 |
5407 |
2225 |
8164 |
9424 |
-1260 |
6768 |
6434 |
334 |
i) Assets |
425 |
789 |
-364 |
755 |
1625 |
-870 |
580 |
2775 |
-2195 |
1344 |
2741 |
-1397 |
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ii) Liabilities |
187 |
456 |
-269 |
102 |
357 |
-255 |
52 |
242 |
-190 |
124 |
135 |
-11 |
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iii) Non-Resident Deposits |
7348 |
5811 |
1537 |
6775 |
3425 |
3350 |
7532 |
6407 |
1125 |
5300 |
3558 |
1742 |
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b) |
Others |
2146 |
2368 |
-222 |
386 |
382 |
4 |
746 |
379 |
367 |
1429 |
283 |
1146 |
4. |
Rupee Debt Service |
- |
1193 |
-1193 |
- |
727 |
-727 |
- |
767 |
-767 |
- |
802 |
-802 |
5. |
Other Capital |
3117 |
1186 |
1931 |
2629 |
2883 |
-254 |
3815 |
2463 |
1352 |
3958 |
2801 |
1157 |
Total Capital Account (1 to 5) |
22768 |
15712 |
7056 |
36191 |
24185 |
12006 |
39292 |
29448 |
9844 |
32818 |
24253 |
8565 |
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C. |
Errors & Omissions |
132 |
- |
132 |
- |
594 |
-594 |
167 |
- |
167 |
- |
305 |
-305 |
D. |
Overall Balance |
48841 |
51333 |
-2492 |
91729 |
84936 |
6793 |
98383 |
93872 |
4511 |
92886 |
88664 |
4222 |
(Total Capital Account, |
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Current Account and |
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Errors & Omissions (A+B+C) |
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E. |
Monetary Movements (i+ii) |
2492 |
- |
2492 |
- |
6793 |
-6793 |
- |
4511 |
-4511 |
- |
4222 |
-4222 |
i) I.M.F. |
1214 |
- |
1214 |
- |
975 |
-975 |
- |
618 |
-618 |
- |
393 |
-393 |
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ii) Foreign Exchange Reserves |
1278 |
- |
1278 |
- |
5818 |
-5818 |
- |
3893 |
-3893 |
- |
3829 |
-3829 |
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(Increase - / Decrease +) |
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(US $ million) |
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Items |
Jan. - Mar. 99 |
Apr. - Jun. 99 PR |
Jul. - Sep. 99 |
Oct. - Dec. 99 |
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|
|
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
1 |
|
14 |
15 |
16 |
17 |
18 |
19 |
20 |
21 |
22 |
23 |
24 |
25 |
A. |
CURRENT ACCOUNT |
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I. |
MERCHANDISE |
9547 |
11216 |
-1669 |
8148 |
12305 |
-4157 |
9660 |
13034 |
-3374 |
10172 |
13976 |
-3804 |
II. |
INVISIBLES (a+b+c) |
7143 |
5168 |
1975 |
6343 |
4192 |
2151 |
6765 |
4843 |
1922 |
7508 |
4333 |
3175 |
a) |
Services |
3889 |
3554 |
335 |
3076 |
2915 |
161 |
3191 |
3316 |
-125 |
3737 |
3070 |
667 |
i) Travel |
867 |
404 |
463 |
671 |
556 |
115 |
662 |
520 |
142 |
809 |
552 |
257 |
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ii) Transportation |
612 |
604 |
8 |
361 |
522 |
-161 |
475 |
716 |
-241 |
430 |
642 |
-212 |
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iii) Insurance |
62 |
30 |
32 |
48 |
27 |
21 |
62 |
18 |
44 |
70 |
41 |
29 |
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iv) G.n.i.e. |
82 |
26 |
56 |
154 |
71 |
83 |
105 |
69 |
36 |
162 |
61 |
101 |
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v) Miscellaneous |
2266 |
2490 |
-224 |
1842 |
1739 |
103 |
1887 |
1993 |
-106 |
2266 |
1774 |
492 |
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b) |
Transfers |
2739 |
9 |
2730 |
2808 |
7 |
2801 |
3095 |
11 |
3084 |
3306 |
8 |
3298 |
vi) Official |
92 |
1 |
91 |
57 |
- |
57 |
66 |
- |
66 |
126 |
- |
126 |
|
vii) Private |
2647 |
8 |
2639 |
2751 |
7 |
2744 |
3029 |
11 |
3018 |
3180 |
8 |
3172 |
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c) |
Income |
515 |
1605 |
-1090 |
459 |
1270 |
-811 |
479 |
1516 |
-1037 |
465 |
1255 |
-790 |
I) Investment Income |
500 |
1600 |
-1100 |
442 |
1267 |
-825 |
426 |
1510 |
-1084 |
429 |
1255 |
-826 |
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II) Compensation to employees |
15 |
5 |
10 |
17 |
3 |
14 |
53 |
6 |
47 |
36 |
- |
36 |
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Total Current Account (I+II) |
16690 |
16384 |
306 |
14491 |
16497 |
-2006 |
16425 |
17877 |
-1452 |
17680 |
18309 |
-629 |
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B. |
CAPITAL ACCOUNT |
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1. |
Foreign Investment (a+b) |
1804 |
545 |
1259 |
2004 |
664 |
1340 |
2915 |
1849 |
1066 |
2542 |
1803 |
739 |
a) In India |
1781 |
492 |
1289 |
1996 |
645 |
1351 |
2904 |
1806 |
1098 |
2468 |
1722 |
746 |
|
i. Direct |
693 |
25 |
668 |
454 |
2 |
452 |
649 |
1 |
648 |
400 |
- |
400 |
|
ii. Portfolio |
1088 |
467 |
621 |
1542 |
643 |
899 |
2255 |
1805 |
450 |
2068 |
1722 |
346 |
|
b) |
Abroad |
23 |
53 |
-30 |
8 |
19 |
-11 |
11 |
43 |
-32 |
74 |
81 |
-7 |
2. |
Loans (a+b+c) |
2761 |
1834 |
927 |
2628 |
2487 |
141 |
3283 |
3016 |
267 |
2913 |
2730 |
183 |
a) |
External Assistance |
953 |
385 |
568 |
440 |
459 |
-19 |
718 |
591 |
127 |
929 |
577 |
352 |
i) By India |
- |
2 |
-2 |
- |
2 |
-2 |
- |
3 |
-3 |
- |
4 |
-4 |
|
ii) To India |
953 |
383 |
570 |
440 |
457 |
-17 |
718 |
588 |
130 |
929 |
573 |
356 |
|
b) |
Commercial Borrowings (MT & LT) |
949 |
772 |
177 |
627 |
631 |
-4 |
957 |
885 |
72 |
601 |
787 |
-186 |
i) By India |
- |
- |
- |
6 |
- |
6 |
- |
- |
- |
14 |
- |
14 |
|
ii) To India |
949 |
772 |
177 |
621 |
631 |
-10 |
957 |
885 |
72 |
587 |
787 |
-200 |
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c) |
Short Term to India |
859 |
677 |
182 |
1561 |
1397 |
164 |
1608 |
1540 |
68 |
1383 |
1366 |
17 |
3. |
Banking Capital (a+b) |
3357 |
1546 |
1811 |
3107 |
1852 |
1255 |
2256 |
2099 |
157 |
3397 |
2132 |
1265 |
a) |
Commercial Banks |
2288 |
1468 |
820 |
2714 |
1849 |
865 |
2255 |
1896 |
359 |
3394 |
1841 |
1553 |
i) Assets |
247 |
331 |
-84 |
708 |
404 |
304 |
558 |
573 |
-15 |
1256 |
320 |
936 |
|
ii) Liabilities |
43 |
70 |
-27 |
14 |
64 |
-50 |
58 |
5 |
53 |
84 |
25 |
59 |
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iii) Non-Resident Deposits |
1998 |
1067 |
931 |
1992 |
1381 |
611 |
1639 |
1318 |
321 |
2054 |
1496 |
558 |
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b) |
Others |
1069 |
78 |
991 |
393 |
3 |
390 |
1 |
203 |
-202 |
3 |
291 |
-288 |
4. |
Rupee Debt Service |
- |
156 |
-156 |
- |
518 |
-518 |
- |
3 |
-3 |
- |
49 |
-49 |
5. |
Other Capital |
718 |
1607 |
-889 |
1141 |
542 |
599 |
579 |
684 |
-105 |
599 |
566 |
33 |
Total Capital Account (1 to 5) |
8640 |
5688 |
2952 |
8880 |
6063 |
2817 |
9033 |
7651 |
1382 |
9451 |
7280 |
2171 |
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C. |
Errors & Omissions |
20 |
- |
20 |
647 |
- |
647 |
- |
443 |
-443 |
560 |
- |
560 |
D. |
Overall Balance |
25350 |
22072 |
3278 |
24018 |
22560 |
1458 |
25458 |
25971 |
-513 |
27691 |
25589 |
2102 |
(Total Capital Account, |
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Current Account and |
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Errors & Omissions (A+B+C) |
|||||||||||||
E. |
Monetary Movements (i+ii) |
- |
3278 |
-3278 |
- |
1458 |
-1458 |
591 |
78 |
513 |
- |
2102 |
-2102 |
i) I.M.F. |
- |
103 |
-103 |
- |
78 |
-78 |
- |
78 |
-78 |
- |
78 |
-78 |
|
ii) Foreign Exchange Reserves |
- |
3175 |
-3175 |
- |
1380 |
-1380 |
591 |
- |
591 |
- |
2024 |
-2024 |
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(Increase - / Decrease +) |
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PR |
: Partially Revised. |