(Rs. crore)

Items

1990-91

1995-96PR

1996-97PR

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

8

9

10

A.

CURRENT ACCOUNT

I.

MERCHANDISE

33152.6

50086.2

- 16933.6

108481.1

146542.3

- 38061.2

121193.5

173753.0

- 52559.5

II.

INVISIBLES (a+b+c)

13393.6

13828.5

- 434.9

59443.1

41027.2

18415.9

76091.9

39813.4

36278.5

a)

Services

8167.1

6408.1

1759.0

24749.0

25449.5

- 700.5

26565.2

23943.4

2621.8

i)

Travel

2612.5

702.5

1910.0

9150.3

3908.8

5241.5

10231.8

3049.3

7182.5

ii)

Transportation

1764.6

1961.0

- 196.4

6764.5

7279.5

- 515.0

6942.4

8497.1

- 1554.7

iii)

Insurance

198.4

158.4

40.0

599.6

478.9

120.7

771.1

542.6

228.5

iv)

G.n.i.e.

27.3

311.2

- 283.9

44.0

724.1

- 680.1

256.9

634.7

- 377.8

v)

Miscellaneous

3564.3

3275.0

289.3

8190.6

13058.2

- 4867.6

8363.0

11219.7

- 2856.7

b)

Transfers

4566.0

27.5

4538.5

29962.1

129.2

29832.9

45715.7

290.5

45425.2

vi)

Official

829.3

1.8

827.5

1193.7

21.0

1172.7

1507.4

50.3

1457.1

vii)

Private

3736.7

25.7

3711.0

28768.4

108.2

28660.2

44208.3

240.2

43968.1

c)

Income

660.5

7392.9

- 6732.4

4732.0

15448.5

- 10716.5

3811.0

15579.5

- 11768.5

i)

Investment Income

660.5

7392.9

- 6732.4

4732.0

15448.5

- 10716.5

3811.0

15579.5

- 11768.5

ii)

Compensation of Emp.

-

-

-

-

-

-

-

-

-

Total Current Account (I+II)

46546.2

63914.7

- 17368.5

167924.2

187569.5

- 19645.3

197285.4

213566.4

- 16281.0

B.

CAPITAL ACCOUNT

1.

Foreign Investment

201.8

18.3

183.5

19080.5

3418.2

15662.3

27783.9

6621.5

21162.4

(a+b)

a)

In India

201.8

18.3

183.5

19033.0

2720.8

16312.2

27751.1

5921.9

21829.2

i.

Direct

191.7

18.1

173.6

7315.8

100.7

7215.1

10170.5

76.5

10094.0

ii.

Portfolio

10.1

0.2

9.9

11717.2

2620.1

9097.1

17580.6

5845.4

11735.2

b)

Abroad

-

-

-

47.5

697.4

- 649.9

32.8

699.6

- 666.8

2.

Loans (a+b+c)

16922.4

6994.7

9927.7

38395.5

30421.5

7974.0

62989.9

46008.1

16981.8

a)

External Assistance

6094.5

2140.1

3954.4

10101.4

6799.2

3302.2

10892.9

6923.2

3969.7

i)

By India

-

10.5

- 10.5

-

53.6

- 53.6

-

28.6

- 28.6

ii)

To India

6094.5

2129.6

3964.9

10101.4

6745.6

3355.8

10892.9

6894.6

3998.3

b)

Commercial Borrowings

7683.8

3639.2

4044.6

14470.4

9892.4

4578.0

26896.0

16862.9

10033.1

(MT & LT)

i)

By India

54.1

43.9

10.2

30.0

-

30.0

29.5

-

29.5

ii)

To India

7629.7

3595.3

4034.4

14440.4

9892.4

4548.0

26866.5

16862.9

10003.6

c)

Short Term To India

3144.1

1215.4

1928.7

13823.7

13729.9

93.8

25201.0

22222.0

2979.0

3.

Banking Capital

18133.4

16908.6

1224.8

21691.7

19246.7

2445.0

28394.2

20504.1

7890.1

(a+b)

a)

Commercial Banks

14282.0

12659.8

1622.2

20787.3

17704.0

3083.3

27052.0

19145.7

7906.3

i)

Assets

764.2

1415.8

- 651.6

2845.4

4319.9

- 1474.5

2650.7

5738.3

- 3087.6

ii)

Liabilities

334.5

817.1

- 482.6

1270.9

534.3

736.6

362.6

1262.6

- 900.0

iii)

Non-Resident Deposits

13183.3

10426.9

2756.4

16671.0

12849.8

3821.2

24038.7

12144.8

11893.9

b)

Others

3851.4

4248.8

- 397.4

904.4

1542.7

- 638.3

1342.2

1358.4

- 16.2

4.

Rupee Debt Service

-

2139.8

- 2139.8

-

3105.5

- 3105.5

-

2542.0

- 2542.0

5.

Other Capital

5593.3

2128.7

3464.6

2474.3

11140.4

- 8666.1

9390.5

10267.4

- 876.9

Total Capital Account (1 to 5)

40850.9

28190.1

12660.8

81642.0

67332.3

14309.7

128558.5

85943.1

42615.4

C.

Errors & Omissions

236.8

-

236.8

1286.9

-

1286.9

-

2114.3

- 2114.3

D.

Overall Balance

87633.9

92104.8

- 4470.9

250853.1

254901.8

- 4048.7

325843.9

301623.8

24220.1

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E.

Monetary Movements

5626.8

1155.9

4470.9

9797.7

5749.0

4048.7

-

24220.1

- 24220.1

(i+ii)

i)

I.M.F.

3333.7

1155.9

2177.8

-

5749.0

- 5749.0

-

3461.2

- 3461.2

ii)

Foreign Exchange Reserves

2293.1

-

2293.1

9797.7

-

9797.7

-

20758.9

- 20758.9

(Increase - / Decrease +)

(Rs. crore)

Items

1997-98 PR

1998-99

Credit

Debit

Net

Credit

Debit

Net

1

11

12

13

14

15

16

A.

CURRENT ACCOUNT

I.

MERCHANDISE

132702.6

190508.5

- 57805.9

144436.0

199914.1

- 55478.1

II.

INVISIBLES (a+b+c)

86242.5

49321.2

36921.3

108457.5

69767.0

38690.5

a)

Services

35101.1

30157.1

4944.0

55526.4

46410.1

9116.3

i)

Travel

10879.6

5339.6

5540.0

12602.6

7325.6

5277.0

ii)

Transportation

6805.2

9352.3

- 2547.1

8109.0

11264.7

- 3155.7

iii)

Insurance

889.7

679.1

210.6

944.7

471.8

472.9

iv)

G.n.i.e.

1037.6

593.8

443.8

2520.0

1358.9

1161.1

v)

Miscellaneous

15489.0

14192.3

1296.7

31350.1

25989.1

5361.0

b)

Transfers

45346.7

164.9

45181.8

44798.5

257.3

44541.2

vi)

Official

1417.4

-

1417.4

1304.7

5.0

1299.7

vii)

Private

43929.3

164.9

43764.4

43493.8

252.3

43241.5

c)

Income

5794.7

18999.2

- 13204.5

8132.6

23099.6

- 14967.0

i)

Investment Income

5794.2

18764.6

- 12970.4

7953.4

23031.7

- 15078.3

ii)

Compensation of Emp.

0.5

234.6

- 234.1

179.2

67.9

111.3

Total Current Account (I+II)

218945.1

239829.7

- 20884.6

252893.5

269681.1

- 16787.6

B.

CAPITAL ACCOUNT

1.

Foreign Investment

34444.0

14612.4

19831.6

24825.1

15088.7

9736.4

(a+b)

a)

In India

34074.8

14114.6

19960.2

24210.0

14041.7

10168.3

i.

Direct

13317.2

123.6

13193.6

10550.4

162.7

10387.7

ii.

Portfolio

20757.6

13991.0

6766.6

13659.6

13879.0

- 219.4

b)

Abroad

369.2

497.8

- 128.6

615.1

1047.0

- 431.9

2.

Loans (a+b+c)

64141.7

46688.5

17453.2

61873.4

43007.2

18866.2

a)

External Assistance

10826.0

7442.4

3383.6

11508.9

8107.1

3401.8

i)

By India

-

77.7

- 77.7

2.2

85.1

- 82.9

ii)

To India

10826.0

7364.7

3461.3

11506.7

8022.0

3484.7

b)

Commercial Borrowings

27253.0

12653.3

14599.7

30646.3

12066.9

18579.4

(MT & LT)

i)

By India

42.3

-

42.3

22.4

-

22.4

ii)

To India

27210.7

12653.3

14557.4

30623.9

12066.9

18557.0

c)

Short Term To India

26062.7

26592.8

- 530.1

19718.2

22833.2

- 3115.0

3.

Banking Capital

33053.7

36243.4

- 3189.7

34545.1

28170.4

6374.7

(a+b)

a)

Commercial Banks

30326.5

34838.9

- 4512.4

28527.8

26967.1

1560.7

i)

Assets

2093.5

10214.1

- 8120.6

5712.3

11421.7

- 5709.4

ii)

Liabilities

193.0

909.1

- 716.1

526.6

566.3

- 39.7

iii)

Non-Resident Deposits

28040.0

23715.7

4324.3

22288.9

14979.1

7309.8

b) Others

2727.2

1404.5

1322.7

6017.3

1203.3

4814.0

4.

Rupee Debt Service

-

2783.5

- 2783.5

-

3307.9

- 3307.9

5.

Other Capital

14457.3

9170.8

5286.5

16563.2

11877.7

4685.5

Total Capital Account (1 to 5)

146096.7

109498.6

36598.1

137806.8

101451.9

36354.9

C.

Errors & Omissions

940.3

-

940.3

-

1321.9

- 1321.9

D.

Overall Balance

365982.1

349328.3

16653.8

390700.3

372454.9

18245.4

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E.

Monetary Movements

-

16653.8

- 16653.8

-

18245.4

- 18245.4

(i+ii)

i)

I.M.F.

-

2286.2

- 2286.2

-

1652.1

- 1652.1

ii)

Foreign Exchange Reserves

-

14367.6

- 14367.6

-

16593.3

- 16593.3

(Increase - / Decrease +)

PR :

Partially Revised.

Note :

Data for the year 1995-96 to 1998-99 have been revised on account of availability of data in respect of Foreign Direct Investment for acquisition of shares under section 29 of FERA. Data for the years 1997-98 have aslo been revised due to revision of exports data by the DGCI & S and exports covered by the SOFTEX forms. Purchases & sales by the Full Fledged Money Changers from/to the tourists have been included from April 1998 onwards. This marks an improvement in the data collection and dissemination.

Also see 'Notes on Tables'.