41. India's Overall Balance of Payments - ஆர்பிஐ - Reserve Bank of India
41. India's Overall Balance of Payments
(US$ million) |
|||||||
Item |
Apr-Jun 2012 P |
Apr-Jun 2011 PR |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
2 |
3 |
4 |
5 |
6 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
76,708 |
119,181 |
-42,473 |
78,642 |
123,651 |
-45,009 |
|
II. INVISIBLES (a+b+c) |
54,008 |
28,086 |
25,922 |
52,085 |
24,617 |
27,468 |
|
a) Services |
34,381 |
20,206 |
14,175 |
34,055 |
17,637 |
16,418 |
|
i) Travel |
3,506 |
3,108 |
398 |
3,697 |
3,461 |
237 |
|
ii) Transportation |
4,250 |
3,656 |
594 |
4,355 |
4,002 |
353 |
|
iii) Insurance |
532 |
249 |
283 |
569 |
298 |
271 |
|
iv) G.n.i.e. |
159 |
163 |
-5 |
139 |
201 |
-63 |
|
v) Miscellaneous |
25,934 |
13,029 |
12,905 |
25,295 |
9,675 |
15,620 |
|
of which: |
|||||||
Software Services |
15,843 |
632 |
15,211 |
14,950 |
302 |
14,647 |
|
Business Services |
7,611 |
7,748 |
-137 |
5,780 |
5,914 |
-133 |
|
Financial Services |
1,306 |
1,436 |
-130 |
1,282 |
1,764 |
-482 |
|
Communication Services |
419 |
104 |
315 |
360 |
415 |
-55 |
|
b) Transfers |
17,492 |
839 |
16,653 |
15,538 |
858 |
14,680 |
|
i) Official |
37 |
192 |
-155 |
46 |
146 |
-100 |
|
ii) Private |
17,455 |
647 |
16,808 |
15,491 |
712 |
14,779 |
|
c) Income |
2,135 |
7,040 |
-4,905 |
2,493 |
6,122 |
-3,629 |
|
i) Investment Income |
1,436 |
6,554 |
-5,118 |
1,904 |
5,722 |
-3,818 |
|
ii) Compensation of Employees |
698 |
486 |
212 |
589 |
400 |
189 |
|
Total Current Account (I+II) |
130,716 |
147,267 |
-16,551 |
1,30,727 |
1,48,268 |
-17,541 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
43,871 |
41,557 |
2,314 |
66,052 |
54,255 |
11,798 |
|
a) Foreign Direct Investment (i+ii) |
8,458 |
4,221 |
4,236 |
17,351 |
8,095 |
9,256 |
|
i) In India |
7,595 |
1,390 |
6,204 |
16,947 |
4,559 |
12,388 |
|
Equity |
4,896 |
1,033 |
3,863 |
13,445 |
4,226 |
9,219 |
|
Reinvested Earnings |
2,284 |
0 |
2,284 |
2,051 |
- |
2,051 |
|
Other Capital |
415 |
358 |
57 |
1,451 |
333 |
1,118 |
|
ii) Abroad |
863 |
2,831 |
-1,968 |
404 |
3,536 |
-3,132 |
|
Equity |
863 |
1,309 |
-446 |
404 |
1,549 |
-1,145 |
|
Reinvested Earnings |
0 |
297 |
-297 |
- |
302 |
-302 |
|
Other Capital |
0 |
1,225 |
-1,225 |
- |
1,685 |
-1,685 |
|
b) Portfolio Investment |
35,413 |
37,335 |
-1,922 |
48,701 |
46,159 |
2,541 |
|
i) In India |
35,175 |
36,787 |
-1,612 |
48,607 |
45,857 |
2,750 |
|
of which: |
|||||||
FIIs |
35,081 |
36,787 |
-1,706 |
48,329 |
45,857 |
2,472 |
|
ADR/GDRs |
94 |
0 |
94 |
278 |
- |
278 |
|
ii) Abroad |
238 |
548 |
-310 |
94 |
303 |
-208 |
|
2. Loans (a+b+c) |
37,041 |
30,873 |
6,168 |
32,191 |
25,721 |
6,470 |
|
a) External Assistance |
551 |
735 |
-184 |
1,236 |
887 |
349 |
|
i) By India |
14 |
78 |
-64 |
17 |
57 |
-39 |
|
ii) To India |
537 |
657 |
-120 |
1,219 |
831 |
388 |
|
b) Commercial Borrowings |
6,282 |
5,307 |
975 |
6,790 |
3,738 |
3,052 |
|
i) By India |
1,068 |
936 |
132 |
339 |
319 |
21 |
|
ii) To India |
5,214 |
4,371 |
843 |
6,451 |
3,419 |
3,031 |
|
c) Short Term to India |
30,208 |
24,831 |
5,378 |
24,165 |
21,096 |
3,069 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
30,208 |
24,171 |
6,038 |
22,682 |
21,096 |
1,586 |
|
ii) Suppliers’ Credit up to 180 days |
- |
660 |
-660 |
1,483 |
- |
1,483 |
|
3. Banking Capital (a+b) |
27,371 |
17,937 |
9,434 |
28,767 |
16,103 |
12,664 |
|
a) Commercial Banks |
27,345 |
17,828 |
9,517 |
28,736 |
16,077 |
12,659 |
|
i) Assets |
7,992 |
2,668 |
5,324 |
10,858 |
4,595 |
6,263 |
|
ii) Liabilities |
19,352 |
15,160 |
4,193 |
17,878 |
11,482 |
6,396 |
|
of which: Non-Resident Deposits |
19,338 |
12,787 |
6,551 |
12,488 |
11,337 |
1,151 |
|
b) Others |
26 |
109 |
-83 |
31 |
27 |
5 |
|
4. Rupee Debt Service |
- |
26 |
-26 |
- |
31 |
-31 |
|
5. Other Capital |
3,183 |
4,104 |
-921 |
1,672 |
8,649 |
-6,977 |
|
Total Capital Account (1 to 5) |
111,466 |
94,497 |
16,969 |
1,28,683 |
1,04,760 |
23,923 |
|
C. |
Errors & Omissions |
103 |
- |
103 |
- |
939 |
-939 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
242,285 |
241,763 |
521 |
2,59,410 |
2,53,968 |
5,442 |
E. |
Monetary Movements (i+ii) |
- |
521 |
521 |
- |
5,442 |
-5,442 |
i) I.M.F. |
- |
- |
- |
- |
- |
- |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
- |
521 |
-521 |
- |
5,442 |
-5,442 |
|
of which: SDR allocation |
- |
- |
- |
- |
- |
- |
|
P: Preliminary. PR: Partially Revised. |
No. 41: India’s Overall Balance of Payments (Contd.) |
|||||||
(US$ million) |
|||||||
Item |
Jul-Sept 2011 (PR) |
Oct-Dec 2011 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
7 |
8 |
9 |
10 |
11 |
12 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
79,560 |
124,088 |
-44,528 |
71,400 |
120,104 |
-48,704 |
|
II. INVISIBLES (a+b+c) |
52,107 |
26,471 |
25,636 |
56,866 |
28,116 |
28,750 |
|
a) Services |
32,643 |
18,651 |
13,992 |
37,552 |
21,385 |
16,167 |
|
i) Travel |
4,235 |
3,534 |
701 |
5,068 |
3,530 |
1,538 |
|
ii) Transportation |
4,499 |
3,624 |
875 |
4,705 |
4,444 |
260 |
|
iii) Insurance |
629 |
423 |
206 |
799 |
440 |
359 |
|
iv) G.n.i.e. |
147 |
179 |
-32 |
145 |
186 |
-40 |
|
v) Miscellaneous |
23,134 |
10,891 |
12,242 |
26,835 |
12,785 |
14,050 |
|
of which: |
|||||||
Software Services |
13,940 |
307 |
13,633 |
16,123 |
317 |
15,806 |
|
Business Services |
6,120 |
6,352 |
-232 |
6,806 |
6,950 |
-143 |
|
Financial Services |
1,577 |
2,130 |
-553 |
1,613 |
2,189 |
-577 |
|
Communication Services |
390 |
309 |
80 |
456 |
341 |
115 |
|
b) Transfers |
16,376 |
775 |
15,601 |
17,024 |
614 |
16,410 |
|
i) Official |
136 |
152 |
-16 |
351 |
149 |
202 |
|
ii) Private |
16,240 |
622 |
15,618 |
16,673 |
465 |
16,208 |
|
c) Income |
3,088 |
7,045 |
-3,958 |
2,290 |
6,118 |
-3,827 |
|
i) Investment Income |
2,377 |
6,578 |
-4,201 |
1,707 |
5,566 |
-3,859 |
|
ii) Compensation of Employees |
711 |
467 |
244 |
583 |
551 |
32 |
|
Total Current Account (I+II) |
1,31,667 |
1,50,558 |
-18,892 |
1,28,266 |
1,48,220 |
-19,954 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
55,208 |
49,918 |
5,289 |
49,784 |
42,922 |
6,861 |
|
a) Foreign Direct Investment (i+ii) |
11,981 |
5,496 |
6,485 |
10,434 |
5,470 |
4,963 |
|
i) In India |
11,615 |
2,137 |
9,478 |
9,432 |
2,559 |
6,873 |
|
Equity |
9,161 |
2,015 |
7,145 |
7,149 |
2,515 |
4,634 |
|
Reinvested Earnings |
2,051 |
- |
2,051 |
2,051 |
- |
2,051 |
|
Other Capital |
403 |
122 |
282 |
232 |
44 |
188 |
|
ii) Abroad |
366 |
3,359 |
-2,993 |
1,001 |
2,911 |
-1,910 |
|
Equity |
366 |
1,631 |
-1,265 |
1,001 |
1,385 |
-384 |
|
Reinvested Earnings |
- |
302 |
-302 |
- |
302 |
-302 |
|
Other Capital |
- |
1,426 |
-1,426 |
- |
1,223 |
-1,223 |
|
b) Portfolio Investment |
43,227 |
44,422 |
-1,196 |
39,350 |
37,452 |
1,898 |
|
i) In India |
42,769 |
44,152 |
-1,384 |
39,149 |
37,204 |
1,945 |
|
of which: |
|||||||
FIIs |
42,564 |
44,152 |
-1,589 |
39,065 |
37,204 |
1,861 |
|
ADR/GDRs |
205 |
- |
205 |
84 |
- |
84 |
|
ii) Abroad |
458 |
270 |
188 |
201 |
248 |
-47 |
|
2. Loans (a+b+c) |
37,270 |
28,772 |
8,498 |
35,183 |
33,581 |
1,602 |
|
a) External Assistance |
1,081 |
790 |
291 |
2,209 |
856 |
1,353 |
|
i) By India |
17 |
57 |
-39 |
17 |
57 |
-39 |
|
ii) To India |
1,063 |
734 |
330 |
2,191 |
800 |
1,392 |
|
b) Commercial Borrowings |
9,785 |
4,449 |
5,336 |
7,827 |
8,153 |
-327 |
|
i) By India |
1,118 |
469 |
649 |
1,405 |
901 |
504 |
|
ii) To India |
8,667 |
3,980 |
4,687 |
6,422 |
7,252 |
-830 |
|
c) Short Term to India |
26,405 |
23,534 |
2,871 |
25,148 |
24,572 |
576 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
25,130 |
23,534 |
1,596 |
25,148 |
23,897 |
1,251 |
|
ii) Suppliers’ Credit up to 180 days |
1,275 |
- |
1,275 |
- |
675 |
-675 |
|
3. Banking Capital (a+b) |
20,488 |
13,439 |
7,049 |
16,146 |
21,632 |
-5,487 |
|
a) Commercial Banks |
20,144 |
13,439 |
6,705 |
16,143 |
21,505 |
-5,362 |
|
i) Assets |
2,223 |
1,006 |
1,217 |
393 |
2,770 |
-2,377 |
|
ii) Liabilities |
17,921 |
12,433 |
5,488 |
15,750 |
18,735 |
-2,985 |
|
of which: Non-Resident Deposits |
15,088 |
12,302 |
2,786 |
15,698 |
12,375 |
3,323 |
|
b) Others |
344 |
- |
344 |
3 |
127 |
-124 |
|
4. Rupee Debt Service |
- |
1 |
-1 |
- |
- |
- |
|
5. Other Capital |
4,737 |
6,006 |
-1,269 |
5,511 |
808 |
4,703 |
|
Total Capital Account (1 to 5) |
1,17,704 |
98,137 |
19,567 |
1,06,624 |
98,944 |
7,680 |
|
C. |
Errors & Omissions |
- |
399 |
-399 |
- |
538 |
-538 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
2,49,370 |
2,49,094 |
276 |
2,34,890 |
2,47,703 |
-12,812 |
E. |
Monetary Movements (i+ii) |
- |
276 |
-276 |
12,812 |
- |
12,812 |
i) I.M.F. |
- |
- |
- |
- |
- |
- |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
- |
276 |
-276 |
12,812 |
- |
12,812 |
|
of which: SDR allocation |
- |
- |
- |
- |
- |
- |
No. 41: India’s Overall Balance of Payments (Concld.) |
||||||
(US$ million) |
||||||
Item |
Jan-Mar 2012 (P) |
2011-12 (P) |
||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|
13 |
14 |
15 |
16 |
17 |
18 |
|
A. CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
80,172 |
131,690 |
-51,518 |
3,09,774 |
4,99,533 |
-1,89,759 |
II. INVISIBLES (a+b+c) |
58,172 |
28,421 |
29,751 |
2,19,229 |
1,07,625 |
1,11,604 |
a) Services |
38,075 |
20,554 |
17,521 |
1,42,325 |
78,227 |
64,098 |
i) Travel |
5,462 |
3,238 |
2,224 |
18,462 |
13,762 |
4,699 |
ii) Transportation |
4,681 |
4,311 |
370 |
18,241 |
16,382 |
1,859 |
iii) Insurance |
635 |
337 |
298 |
2,632 |
1,497 |
1,134 |
iv) G.n.i.e. |
47 |
214 |
-166 |
478 |
780 |
-302 |
v) Miscellaneous |
27,250 |
12,455 |
14,795 |
1,02,513 |
45,806 |
56,707 |
of which: |
||||||
Software Services |
17,199 |
329 |
16,870 |
62,212 |
1,256 |
60,957 |
Business Services |
7,204 |
7,574 |
-370 |
25,910 |
26,788 |
-878 |
Financial Services |
1,495 |
1,902 |
-406 |
5,967 |
7,984 |
-2,018 |
Communication Services |
395 |
491 |
-97 |
1,600 |
1,557 |
43 |
b) Transfers |
17,824 |
1,021 |
16,803 |
66,761 |
3,267 |
63,494 |
i) Official |
99 |
160 |
-62 |
632 |
607 |
25 |
ii) Private |
17,725 |
861 |
16,864 |
66,129 |
2,660 |
63,469 |
c) Income |
2,273 |
6,846 |
-4,573 |
10,144 |
26,131 |
-15,988 |
i) Investment Income |
1,688 |
6,274 |
-4,586 |
7,676 |
24,141 |
-16,465 |
ii) Compensation of Employees |
585 |
572 |
13 |
2,468 |
1,991 |
477 |
Total Current Account (I+II) |
1,38,344 |
1,60,112 |
-21,768 |
5,29,003 |
6,07,158 |
-78,155 |
B. CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
63,574 |
48,291 |
15,282 |
2,34,618 |
1,95,387 |
39,231 |
a) Foreign Direct Investment (i+ii) |
9,241 |
7,885 |
1,356 |
49,007 |
26,947 |
22,061 |
i) In India |
8,557 |
4,343 |
4,214 |
46,552 |
13,599 |
32,952 |
Equity |
6,098 |
4,262 |
1,836 |
35,852 |
13,019 |
22,833 |
Reinvested Earnings |
2,051 |
– |
2,051 |
8,205 |
– |
8,205 |
Other Capital |
408 |
81 |
327 |
2,494 |
580 |
1,914 |
ii) Abroad |
684 |
3,541 |
-2,857 |
2,456 |
13,348 |
-10,892 |
Equity |
684 |
1,765 |
-1,081 |
2,456 |
6,330 |
-3,874 |
Reinvested Earnings |
– |
302 |
-302 |
– |
1,208 |
-1,208 |
Other Capital |
– |
1,474 |
-1,474 |
– |
5,809 |
-5,809 |
b) Portfolio Investment |
54,333 |
40,407 |
13,926 |
1,85,610 |
1,68,440 |
17,170 |
i) In India |
54,223 |
40,125 |
14,098 |
1,84,747 |
1,67,338 |
17,409 |
of which: |
||||||
FIIs |
54,193 |
40,125 |
14,068 |
1,84,150 |
1,67,338 |
16,812 |
ADR/GDRs |
30 |
– |
30 |
597 |
– |
597 |
ii) Abroad |
110 |
282 |
-172 |
863 |
1,102 |
-239 |
2. Loans (a+b+c) |
36,346 |
33,609 |
2,737 |
1,40,990 |
1,21,683 |
19,307 |
a) External Assistance |
1,120 |
817 |
303 |
5,646 |
3,350 |
2,296 |
i) By India |
17 |
57 |
-39 |
70 |
226 |
-157 |
ii) To India |
1,103 |
760 |
342 |
5,576 |
3,124 |
2,452 |
b) Commercial Borrowings |
8,189 |
5,907 |
2,282 |
32,590 |
22,247 |
10,344 |
i) By India |
807 |
776 |
31 |
3,669 |
2,465 |
1,204 |
ii) To India |
7,382 |
5,131 |
2,251 |
28,922 |
19,782 |
9,140 |
c) Short Term to India |
27,037 |
26,885 |
152 |
1,02,754 |
96,087 |
6,668 |
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
26,288 |
26,885 |
-597 |
99,247 |
95,412 |
3,836 |
ii) Suppliers’ Credit up to 180 days |
749 |
– |
749 |
3,507 |
675 |
2,832 |
3. Banking Capital (a+b) |
24,503 |
22,504 |
1,999 |
89,904 |
73,678 |
16,226 |
a) Commercial Banks |
24,454 |
22,408 |
2,046 |
89,478 |
73,429 |
16,049 |
i) Assets |
162 |
5,857 |
-5,696 |
13,635 |
14,228 |
-592 |
ii) Liabilities |
24,293 |
16,551 |
7,742 |
75,842 |
59,201 |
16,641 |
of which: Non-Resident Deposits |
21,013 |
16,355 |
4,658 |
64,287 |
52,370 |
11,918 |
b) Others |
48 |
95 |
-47 |
426 |
249 |
177 |
4. Rupee Debt Service |
– |
47 |
-47 |
– |
79 |
-79 |
5. Other Capital |
1,375 |
4,761 |
-3,386 |
13,296 |
20,224 |
-6,929 |
Total Capital Account (1 to 5) |
1,25,797 |
1,09,212 |
16,586 |
4,78,808 |
4,11,052 |
67,755 |
C. Errors & Omissions |
– |
555 |
-555 |
– |
2,432 |
-2,432 |
D. Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
2,64,141 |
2,69,878 |
-5,738 |
10,07,811 |
10,20,643 |
-12,831 |
E. Monetary Movements (i+ii) |
5,738 |
– |
5,738 |
12,831 |
– |
12,831 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
5,738 |
– |
5,738 |
12,831 |
– |
12,831 |
of which: SDR allocation |
– |
– |
– |
– |
– |
– |