India's Overall Balance of Payments : October-December 2004 - ఆర్బిఐ - Reserve Bank of India
India's Overall Balance of Payments : October-December 2004
STATEMENT I : INDIA'S OVERALL BALANCE OF PAYMENTS IN RUPEES
(Rs. crore) |
||||||||||||
|
Apr-Jun 2004 PR |
Jul-Sep 2004 PR |
Oct-Dec 2004 P |
Apr-Dec 2004 P |
||||||||
Item |
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 |
|
|
|
|
|
|
|
|
|
|
|
|
I. MERCHANDISE |
80095 |
110225 |
-30130 |
87125 |
132565 |
-45440 |
93387 |
146447 |
-53060 |
260607 |
389237 |
-128630 |
II.INVISIBLES (a+b+c) |
82397 |
42422 |
39975 |
72695 |
46063 |
26632 |
82955 |
54490 |
28465 |
238047 |
142975 |
95072 |
a) Services |
49323 |
33034 |
16289 |
44423 |
34920 |
9503 |
54656 |
43848 |
10808 |
148402 |
111802 |
36600 |
i) Travel |
3861 |
5459 |
-1598 |
4865 |
6315 |
-1450 |
5373 |
6992 |
-1619 |
14099 |
18766 |
-4667 |
ii) Transportation |
5527 |
4283 |
1244 |
4473 |
4925 |
-452 |
5319 |
6250 |
-931 |
15319 |
15458 |
-139 |
iii) Insurance |
1464 |
1347 |
117 |
951 |
623 |
328 |
1506 |
1075 |
431 |
3921 |
3045 |
876 |
iv) G.n.i.e. |
772 |
296 |
476 |
369 |
268 |
101 |
585 |
328 |
257 |
1726 |
892 |
834 |
v) Miscellaneous |
37699 |
21649 |
16050 |
33765 |
22789 |
10976 |
41873 |
29203 |
12670 |
113337 |
73641 |
39696 |
of which : Software Services |
17918 |
561 |
17357 |
19138 |
577 |
18561 |
20543 |
1048 |
19495 |
57599 |
2186 |
55413 |
b) Transfers |
28073 |
404 |
27669 |
22581 |
512 |
22069 |
22539 |
490 |
22049 |
73193 |
1406 |
71787 |
i) Official |
386 |
31 |
355 |
822 |
9 |
813 |
611 |
63 |
548 |
1819 |
103 |
1716 |
ii) Private |
27687 |
373 |
27314 |
21759 |
503 |
21256 |
21928 |
427 |
21501 |
71374 |
1303 |
70071 |
c) Income |
5001 |
8984 |
-3983 |
5691 |
10631 |
-4940 |
5760 |
10152 |
-4392 |
16452 |
29767 |
-13315 |
i) Investment Income |
4826 |
7772 |
-2946 |
5576 |
9306 |
-3730 |
5634 |
8475 |
-2841 |
16036 |
25553 |
-9517 |
ii) Compensation of Employees |
175 |
1212 |
-1037 |
115 |
1325 |
-1210 |
126 |
1677 |
-1551 |
416 |
4214 |
-3798 |
Total Current Account |
162492 |
152647 |
9845 |
159820 |
178628 |
-18808 |
176342 |
200937 |
-24595 |
498654 |
532212 |
-33558 |
(I+II) |
|
|
|
|
|
|
|
|
|
|
|
|
B. CAPITAL ACCOUNT |
|
|
|
|
|
|
|
|
|
|
|
|
1. Foreign Investment |
41672 |
38077 |
3595 |
41286 |
34781 |
6505 |
59098 |
36285 |
22813 |
142056 |
109143 |
32913 |
(a+b) |
|
|
|
|
|
|
|
|
|
|
|
|
a) Foreign Direct Investment (i+ii) |
5881 |
2649 |
3232 |
7197 |
2677 |
4520 |
5449 |
3269 |
2180 |
18527 |
8595 |
9932 |
i. In India |
5881 |
13 |
5868 |
7197 |
32 |
7165 |
5449 |
0 |
5449 |
18527 |
45 |
18482 |
Equity |
3780 |
13 |
3767 |
5004 |
32 |
4972 |
3345 |
0 |
3345 |
12129 |
45 |
12084 |
Reinvested Earnings |
2038 |
0 |
2038 |
2096 |
0 |
2096 |
2041 |
0 |
2041 |
6175 |
0 |
6175 |
Other Capital |
63 |
0 |
63 |
97 |
0 |
97 |
63 |
0 |
63 |
223 |
0 |
223 |
ii. Abroad |
0 |
2636 |
-2636 |
0 |
2645 |
-2645 |
0 |
3269 |
-3269 |
0 |
8550 |
-8550 |
Equity |
0 |
1769 |
-1769 |
0 |
1643 |
-1643 |
0 |
1700 |
-1700 |
0 |
5112 |
-5112 |
Reinvested Earnings |
0 |
786 |
-786 |
0 |
808 |
-808 |
0 |
787 |
-787 |
0 |
2381 |
-2381 |
Other Capital |
0 |
81 |
-81 |
0 |
194 |
-194 |
0 |
782 |
-782 |
0 |
1057 |
-1057 |
b) Portfolio Investment |
35791 |
35428 |
363 |
34089 |
32104 |
1985 |
53649 |
33016 |
20633 |
123529 |
100548 |
22981 |
In India |
35791 |
35428 |
363 |
34089 |
32104 |
1985 |
53649 |
33016 |
20633 |
123529 |
100548 |
22981 |
Abroad |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2.Loans |
31535 |
17025 |
14510 |
29519 |
22830 |
6689 |
37404 |
24221 |
13183 |
98458 |
64076 |
34382 |
(a+b+c) |
|
|
|
|
|
|
|
|
|
|
|
|
a) External Assistance |
2263 |
1940 |
323 |
2917 |
1569 |
1348 |
4199 |
2563 |
1636 |
9379 |
6072 |
3307 |
i) By India |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
ii) To India |
2263 |
1940 |
323 |
2917 |
1569 |
1348 |
4199 |
2563 |
1636 |
9379 |
6072 |
3307 |
b) Commercial Borrowings |
10564 |
4346 |
6218 |
10331 |
5858 |
4473 |
11515 |
3453 |
8062 |
32410 |
13657 |
18753 |
(MT & LT) |
|
|
|
|
|
|
|
|
|
|
|
|
i) By India |
754 |
157 |
597 |
1191 |
222 |
969 |
2032 |
877 |
1155 |
3977 |
1256 |
2721 |
ii) To India |
9810 |
4189 |
5621 |
9140 |
5636 |
3504 |
9483 |
2576 |
6907 |
28433 |
12401 |
16032 |
c) Short Term |
|
|
|
|
|
|
|
|
|
|
|
|
To India |
18708 |
10739 |
7969 |
16271 |
15403 |
868 |
21690 |
18205 |
3485 |
56669 |
44347 |
12322 |
3. Banking Capital |
19466 |
14556 |
4910 |
15205 |
19830 |
-4625 |
16416 |
9015 |
7401 |
51087 |
43401 |
7686 |
(a+b) |
|
|
|
|
|
|
|
|
|
|
|
|
a) Commercial Banks |
18344 |
13779 |
4565 |
15205 |
19701 |
-4496 |
16416 |
8732 |
7684 |
49965 |
42212 |
7753 |
i) Assets |
4009 |
162 |
3847 |
2770 |
6176 |
-3406 |
7576 |
5724 |
1852 |
14355 |
12062 |
2293 |
ii) Total Liabilities |
14335 |
13617 |
718 |
12435 |
13525 |
-1090 |
8840 |
3008 |
5832 |
35610 |
30150 |
5460 |
of which: Non-Resident Deposits |
8755 |
12284 |
-3529 |
10173 |
12698 |
-2525 |
2423 |
2176 |
247 |
21351 |
27158 |
-5807 |
b) Others |
1122 |
777 |
345 |
0 |
129 |
-129 |
0 |
283 |
-283 |
1122 |
1189 |
-67 |
4. Rupee Debt Service |
0 |
1244 |
-1244 |
0 |
9 |
-9 |
0 |
81 |
-81 |
0 |
1334 |
-1334 |
5. Other Capital |
9388 |
8041 |
1347 |
8867 |
2229 |
6638 |
13089 |
1416 |
11673 |
31344 |
11686 |
19658 |
Total Capital Account |
102061 |
78943 |
23118 |
94877 |
79679 |
15198 |
126007 |
71018 |
54989 |
322945 |
229640 |
93305 |
(1 to 5) |
|
|
|
|
|
|
|
|
|
|
|
|
C. Errors & Omissions |
817 |
0 |
817 |
684 |
0 |
684 |
0 |
746 |
-746 |
755 |
0 |
755 |
D. Overall Balance |
265370 |
231590 |
33780 |
255381 |
258307 |
-2926 |
302349 |
272701 |
29648 |
822354 |
761852 |
60502 |
(Total Capital Account, |
|
|
|
|
|
|
|
|
|
|
|
|
Current Account and |
|
|
|
|
|
|
|
|
|
|
|
|
Errors & Omissions (A+B+C)) |
|
|
|
|
|
|
|
|
|
|
|
|
E. Monetary Movements |
0 |
33780 |
-33780 |
2926 |
0 |
2926 |
0 |
29648 |
-29648 |
0 |
60502 |
-60502 |
(i+ii) |
|
|
|
|
|
|
|
|
|
|
|
|
i) I.M.F. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
ii) Foreign Exchange Reserves |
0 |
33780 |
-33780 |
2926 |
0 |
2926 |
0 |
29648 |
-29648 |
0 |
60502 |
-60502 |
( Increase - / Decrease +) |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
STATEMENT II: INDIA'S OVERALL BALANCE OF PAYMENTS IN DOLLARS ( Concld.)
(US $ million) |
||||||||||||
|
April-June 2004 PR |
Jul-Sep 2004 PR |
Oct-Dec 2004 P |
Apr-Dec 2004 |
||||||||
Item |
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 |
|
|
|
|
|
|
|
|
|
|
|
|
I. MERCHANDISE |
17840 |
24551 |
-6711 |
18875 |
28719 |
-9844 |
20770 |
32571 |
-11801 |
57485 |
85841 |
-28356 |
II.INVISIBLES (a+b+c) |
18353 |
9449 |
8904 |
15749 |
9979 |
5770 |
18450 |
12119 |
6331 |
52552 |
31547 |
21005 |
a) Services |
10986 |
7358 |
3628 |
9624 |
7565 |
2059 |
12156 |
9752 |
2404 |
32766 |
24675 |
8091 |
i) Travel |
860 |
1216 |
-356 |
1054 |
1368 |
-314 |
1195 |
1555 |
-360 |
3109 |
4139 |
-1030 |
ii) Transportation |
1231 |
954 |
277 |
969 |
1067 |
-98 |
1183 |
1390 |
-207 |
3383 |
3411 |
-28 |
iii) Insurance |
326 |
300 |
26 |
206 |
135 |
71 |
335 |
239 |
96 |
867 |
674 |
193 |
iv) G.n.i.e. |
172 |
66 |
106 |
80 |
58 |
22 |
130 |
73 |
57 |
382 |
197 |
185 |
v) Miscellaneous |
8397 |
4822 |
3575 |
7315 |
4937 |
2378 |
9313 |
6495 |
2818 |
25025 |
16254 |
8771 |
of which : Software Services |
3991 |
125 |
3866 |
4146 |
125 |
4021 |
4569 |
233 |
4336 |
12706 |
483 |
12223 |
b) Transfers |
6253 |
90 |
6163 |
4892 |
111 |
4781 |
5013 |
109 |
4904 |
16158 |
310 |
15848 |
i) Official |
86 |
7 |
79 |
178 |
2 |
176 |
136 |
14 |
122 |
400 |
23 |
377 |
ii) Private |
6167 |
83 |
6084 |
4714 |
109 |
4605 |
4877 |
95 |
4782 |
15758 |
287 |
15471 |
c) Income |
1114 |
2001 |
-887 |
1233 |
2303 |
-1070 |
1281 |
2258 |
-977 |
3628 |
6562 |
-2934 |
i) Investment Income |
1075 |
1731 |
-656 |
1208 |
2016 |
-808 |
1253 |
1885 |
-632 |
3536 |
5632 |
-2096 |
ii) Compensation of Employees |
39 |
270 |
-231 |
25 |
287 |
-262 |
28 |
373 |
-345 |
92 |
930 |
-838 |
Total Current Account |
36193 |
34000 |
2193 |
34624 |
38698 |
-4074 |
39220 |
44690 |
-5470 |
110037 |
117388 |
-7351 |
(I+II) |
|
|
|
|
|
|
|
|
|
|
|
|
B. CAPITAL ACCOUNT |
|
|
|
|
|
|
|
|
|
|
|
|
1. Foreign Investment |
9282 |
8481 |
801 |
8944 |
7535 |
1409 |
13144 |
8070 |
5074 |
31370 |
24086 |
7284 |
(a+b) |
|
|
|
|
|
|
|
|
|
|
|
|
a) Foreign Direct Investment (i+ii) |
1310 |
590 |
720 |
1559 |
580 |
979 |
1212 |
727 |
485 |
4081 |
1897 |
2184 |
i. In India |
1310 |
3 |
1307 |
1559 |
7 |
1552 |
1212 |
0 |
1212 |
4081 |
10 |
4071 |
Equity |
842 |
3 |
839 |
1084 |
7 |
1077 |
744 |
0 |
744 |
2670 |
10 |
2660 |
Reinvested Earnings |
454 |
0 |
454 |
454 |
0 |
454 |
454 |
0 |
454 |
1362 |
0 |
1362 |
Other Capital |
14 |
0 |
14 |
21 |
0 |
21 |
14 |
0 |
14 |
49 |
0 |
49 |
ii. Abroad |
0 |
587 |
-587 |
0 |
573 |
-573 |
0 |
727 |
-727 |
0 |
1887 |
-1887 |
Equity |
0 |
394 |
-394 |
0 |
356 |
-356 |
0 |
378 |
-378 |
0 |
1128 |
-1128 |
Reinvested Earnings |
0 |
175 |
-175 |
0 |
175 |
-175 |
0 |
175 |
-175 |
0 |
525 |
-525 |
Other Capital |
0 |
18 |
-18 |
0 |
42 |
-42 |
0 |
174 |
-174 |
0 |
234 |
-234 |
b) Portfolio Investment |
7972 |
7891 |
81 |
7385 |
6955 |
430 |
11932 |
7343 |
4589 |
27289 |
22189 |
5100 |
In India |
7972 |
7891 |
81 |
7385 |
6955 |
430 |
11932 |
7343 |
4589 |
27289 |
22189 |
5100 |
Abroad |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
2.Loans |
7024 |
3792 |
3232 |
6395 |
4946 |
1449 |
8319 |
5387 |
2932 |
21738 |
14125 |
7613 |
(a+b+c) |
|
|
|
|
|
|
|
|
|
|
|
|
a) External Assistance |
504 |
432 |
72 |
632 |
340 |
292 |
934 |
570 |
364 |
2070 |
1342 |
728 |
i) By India |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
ii) To India |
504 |
432 |
72 |
632 |
340 |
292 |
934 |
570 |
364 |
2070 |
1342 |
728 |
b) Commercial Borrowings |
2353 |
968 |
1385 |
2238 |
1269 |
969 |
2561 |
768 |
1793 |
7152 |
3005 |
4147 |
(MT & LT) |
|
|
|
|
|
|
|
|
|
|
|
|
i) By India |
168 |
35 |
133 |
258 |
48 |
210 |
452 |
195 |
257 |
878 |
278 |
600 |
ii) To India |
2185 |
933 |
1252 |
1980 |
1221 |
759 |
2109 |
573 |
1536 |
6274 |
2727 |
3547 |
c) Short Term |
|
|
|
|
|
|
|
|
|
|
|
|
To India |
4167 |
2392 |
1775 |
3525 |
3337 |
188 |
4824 |
4049 |
775 |
12516 |
9778 |
2738 |
3. Banking Capital |
4336 |
3242 |
1094 |
3294 |
4296 |
-1002 |
3651 |
2005 |
1646 |
11281 |
9543 |
1738 |
(a+b) |
|
|
|
|
|
|
|
|
|
|
|
|
a) Commercial Banks |
4086 |
3069 |
1017 |
3294 |
4268 |
-974 |
3651 |
1942 |
1709 |
11031 |
9279 |
1752 |
i) Assets |
893 |
36 |
857 |
600 |
1338 |
-738 |
1685 |
1273 |
412 |
3178 |
2647 |
531 |
ii) Liabilities |
3193 |
3033 |
160 |
2694 |
2930 |
-236 |
1966 |
669 |
1297 |
7853 |
6632 |
1221 |
of which : Non-Resident Deposits |
1950 |
2736 |
-786 |
2204 |
2751 |
-547 |
539 |
484 |
55 |
4693 |
5971 |
-1278 |
b)Others |
250 |
173 |
77 |
0 |
28 |
-28 |
0 |
63 |
-63 |
250 |
264 |
-14 |
4. Rupee Debt Service |
0 |
277 |
-277 |
0 |
2 |
-2 |
0 |
18 |
-18 |
0 |
297 |
-297 |
5. Other Capital |
2091 |
1791 |
300 |
1921 |
483 |
1438 |
2911 |
315 |
2596 |
6923 |
2589 |
4334 |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Capital Account |
22733 |
17583 |
5150 |
20554 |
17262 |
3292 |
28025 |
15795 |
12230 |
71312 |
50640 |
20672 |
(1 to 5) |
|
|
|
|
|
|
|
|
|
|
|
|
C. Errors & Omissions |
181 |
0 |
181 |
148 |
0 |
148 |
0 |
166 |
-166 |
163 |
0 |
163 |
D. Overall Balance |
59107 |
51583 |
7524 |
55326 |
55960 |
-634 |
67245 |
60651 |
6594 |
181512 |
168028 |
13484 |
(Total Capital Account, |
|
|
|
|
|
|
|
|
|
|
|
|
Current Account and |
|
|
|
|
|
|
|
|
|
|
|
|
Errors & Omissions (A+B+C)) |
|
|
|
|
|
|
|
|
|
|
|
|
E. Monetary Movements |
0 |
7524 |
-7524 |
634 |
0 |
634 |
0 |
6594 |
-6594 |
0 |
13484 |
-13484 |
(i+ii) |
|
|
|
|
|
|
|
|
|
|
|
|
i) I.M.F. |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
0 |
ii) Foreign Exchange Reserves |
0 |
7524 |
-7524 |
634 |
0 |
634 |
0 |
6594 |
-6594 |
0 |
13484 |
-13484 |
( Increase - / Decrease +) |
|
|
|
|
|
|
|
|
|
|
|
|