Rupees crore

US $ million

Item

2001-02

2000-01

1999-00

1998-99

2001-02

2000-01

1999-00

1998-99

1

2

3

4

5

6

7

8

9

A.

Current Account

1.

Exports, f.o.b.

2,14,351

2,05,287

1,62,753

1,44,436

44,915

44,894

37,542

34,298

2.

Imports, c.i.f.

2,74,778

2,70,663

2,40,112

1,99,914

57,618

59,264

55,383

47,544

3.

Trade Balance

-60,427

-65,376

-77,359

-55,478

-12,703

-14,370

-17,841

-13,246

4.

Invisibles, net

67,146

53,945

57,028

38,689

14,054

11,791

13,143

9,208

a) ‘Non-Factor’ Services

20,141

11,401

17,670

9,114

4,199

2,478

4,064

2,165

of which, Software Exports

34,215

29,014

17,412

11,064

7,174

6,341

4,015

2,626

b) Income

-12,663

-17,414

-15,431

-14,967

-2,654

-3,821

-3,559

-3,544

c) Private Transfers

57,821

58,412

53,132

43,242

12,125

12,798

12,256

10,280

d) Official Transfers

1,847

1,546

1,657

1,300

384

336

382

307

5.

Current Account Balance

6,719

-11,431

-20,331

-16,789

1,351

-2,579

-4,698

-4,038

B.

Capital Account

1.

Foreign Investment, net

28,275

23,267

22,501

10,169

5,925

5,102

5,191

2,412

Direct Investment

18,658

10,672

9,396

10,388

3,905

2,342

2,167

2,480

Portfolio Investment

9,617

12,595

13,105

-219

2,020

2,760

3,024

-68

2.

External Assistance, net

5,830

2,079

3,915

3,484

1,204

427

901

820

Disbursements

16,073

13,527

13,339

11,506

3,352

2,942

3,074

2,726

Amortisation

-10,243

-11,448

-9,424

-8,022

-2,148

-2,515

-2,173

-1,906

3.

Commercial Borrowings, net

-5,432

18,832

1,360

18,557

-1,147

4,011

313

4,362

Disbursements

14,940

43,091

13,823

30,624

3,125

9,324

3,187

7,226

Amortisation

-20,372

-24,259

-12,463

-12,067

-4,272

-5,313

-2,874

-2,864

4.

Short Term Credit, net

-4,236

321

1,633

-3,116

-890

105

377

-748

5.

Banking Capital

21,883

3,517

9,217

3,129

4,607

811

2,127

698

of which, NRI Deposits, net

13,127

10,567

6,709

4,060

2,754

2,317

1,540

960

6.

Rupee Debt Service

-2,458

-2,763

-3,059

-3,308

-519

-617

-711

-802

7.

Other Capital, net @

1,862

-3,654

9,761

6,967

365

-816

2,246

1,693

8.

Capital Account

45,724

41,599

45,328

35,882

9,545

9,023

10,444

8,435

C.

Errors & Omissions

4,149

-2,506

2,773

-848

861

-588

656

-175

D.

Overall Balance [A(5)+B(8)+C]

56,592

27,662

27,770

18,245

11,757

5,856

6,402

4,222

E.

Monetary Movements (F+G)

-56,592

-27,662

-27,770

-18,245

-11,757

-5,856

-6,402

-4,222

F.

IMF, net

0

-115

-1,122

-1,652

0

-26

-260

-393

G.

Foreign Exchange Reserves

-56,592

-27,547

-26,648

-16,593

-11,757

-5,830

-6,142

-3,829

(Increase-, Decrease +)

@ Includes delayed export receipts, advance payments against imports, loans to non-residents by residents.
Note :
1. Gold and silver brought by returning Indians have been included under imports, with a contra entry in private transfer receipts.
2. Data on exports and imports differ from those given by DGCI&S on account of differences in coverage, valuation and timing.