40. India's Overall Balance of Payments - ربی - Reserve Bank of India
40. India's Overall Balance of Payments
(` Billion) |
|||||||
Item |
2007-08 (R) |
2008-09 (R) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
1 |
2 |
3 |
4 |
5 |
6 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
6,680 |
10,357 |
-3,677 |
8,580 |
14,054 |
-5,474 |
|
II. INVISIBLES (a+b+c) |
5,981 |
2,939 |
3,042 |
7,704 |
3,506 |
4,198 |
|
a) Services |
3,630 |
2,068 |
1,562 |
4,880 |
2,396 |
2,484 |
|
i) Travel |
455 |
372 |
83 |
502 |
433 |
69 |
|
ii) Transportation |
402 |
463 |
-61 |
521 |
585 |
-65 |
|
iii) Insurance |
66 |
42 |
24 |
65 |
52 |
13 |
|
iv) G.n.i.e. |
13 |
15 |
-2 |
18 |
38 |
-20 |
|
v) Miscellaneous |
2,694 |
1,176 |
1,518 |
3,774 |
1,287 |
2,487 |
|
of which: |
|||||||
Software Services |
1,620 |
135 |
1,485 |
2,122 |
116 |
2,006 |
|
Business Services |
674 |
665 |
10 |
855 |
709 |
146 |
|
Financial Services |
129 |
126 |
4 |
204 |
136 |
69 |
|
Communication Services |
97 |
35 |
62 |
105 |
50 |
55 |
|
b) Transfers |
1,777 |
93 |
1,685 |
2,169 |
126 |
2,043 |
|
i) Official |
30 |
21 |
10 |
30 |
19 |
11 |
|
ii) Private |
1,747 |
72 |
1,675 |
2,139 |
107 |
2,032 |
|
c) Income |
573 |
778 |
-205 |
655 |
984 |
-329 |
|
i) Investment Income |
555 |
734 |
-180 |
617 |
924 |
-307 |
|
ii) Compensation of Employees |
18 |
44 |
-26 |
38 |
60 |
-22 |
|
Total Current Account (I+II) |
12,661 |
13,296 |
-635 |
16,284 |
17,560 |
-1,276 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
10,865 |
9,121 |
1,744 |
7,755 |
7,405 |
351 |
|
a) Foreign Direct Investment (i+ii) |
1,499 |
861 |
638 |
1,965 |
964 |
1,001 |
|
i) In India |
1,399 |
5 |
1,394 |
1,914 |
8 |
1,906 |
|
Equity |
1,077 |
4 |
1,073 |
1,462 |
8 |
1,454 |
|
Reinvested Earnings |
309 |
– |
309 |
415 |
– |
415 |
|
Other Capital |
12 |
– |
12 |
37 |
– |
37 |
|
ii) Abroad |
100 |
857 |
-756 |
51 |
956 |
-905 |
|
Equity |
100 |
680 |
-579 |
51 |
620 |
-569 |
|
Reinvested Earnings |
– |
44 |
-44 |
– |
50 |
-50 |
|
Other Capital |
– |
133 |
-133 |
– |
287 |
-287 |
|
b) Portfolio Investment |
9,366 |
8,260 |
1,106 |
5,790 |
6,441 |
-650 |
|
i) In India |
9,357 |
8,257 |
1,100 |
5,783 |
6,425 |
-642 |
|
of which: |
|||||||
FIIs |
9,079 |
8,257 |
822 |
5,735 |
6,425 |
-691 |
|
ADR/GDRs |
266 |
– |
266 |
49 |
– |
49 |
|
ii) Abroad |
9 |
3 |
7 |
7 |
15 |
-8 |
|
2. Loans (a+b+c) |
3,303 |
1,668 |
1,635 |
2,854 |
2,506 |
348 |
|
a) External Assistance |
170 |
86 |
85 |
244 |
129 |
115 |
|
i) By India |
1 |
1 |
– |
3 |
19 |
-16 |
|
ii) To India |
169 |
84 |
85 |
241 |
110 |
131 |
|
b) Commercial Borrowings |
1,219 |
309 |
911 |
708 |
343 |
365 |
|
i) By India |
64 |
65 |
-1 |
92 |
36 |
56 |
|
ii) To India |
1,155 |
243 |
912 |
616 |
307 |
309 |
|
c) Short Term to India |
1,914 |
1,274 |
639 |
1,901 |
2,034 |
-133 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
1,712 |
1,274 |
438 |
1,778 |
1,777 |
2 |
|
ii) Suppliers’ Credit up to 180 days |
202 |
– |
202 |
123 |
257 |
-135 |
|
3. Banking Capital (a+b) |
2,240 |
1,768 |
472 |
2,954 |
3,146 |
-192 |
|
a) Commercial Banks |
2,237 |
1,751 |
486 |
2,948 |
3,119 |
-170 |
|
i) Assets |
784 |
507 |
276 |
1,148 |
1,306 |
-158 |
|
ii) Liabilities |
1,453 |
1,244 |
209 |
1,801 |
1,813 |
-12 |
|
of which: Non-Resident Deposits |
1,181 |
1,174 |
7 |
1,710 |
1,506 |
204 |
|
b) Others |
3 |
17 |
-14 |
6 |
27 |
-22 |
|
4. Rupee Debt Service |
– |
5 |
-5 |
– |
5 |
-5 |
|
5. Other Capital |
1,171 |
737 |
434 |
761 |
973 |
-212 |
|
Total Capital Account (1 to 5) |
17,579 |
13,300 |
4,279 |
14,324 |
14,034 |
290 |
|
C. |
Errors & Omissions |
52 |
– |
52 |
15 |
– |
15 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
30,293 |
26,596 |
3,697 |
30,673 |
31,644 |
-971 |
E. |
Monetary Movements (i+ii) |
– |
3,697 |
-3,697 |
971 |
– |
971 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
3,697 |
-3,697 |
971 |
– |
971 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
2009-10 (R) |
2010-11 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
7 |
8 |
9 |
10 |
11 |
12 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
8,633 |
14,232 |
-5,600 |
11,395 |
17,351 |
-5,956 |
|
II. INVISIBLES (a+b+c) |
7,746 |
3,944 |
3,803 |
9,025 |
5,170 |
3,855 |
|
a) Services |
4,546 |
2,834 |
1,712 |
6,047 |
3,825 |
2,223 |
|
i) Travel |
560 |
442 |
118 |
695 |
506 |
189 |
|
ii) Transportation |
529 |
564 |
-35 |
650 |
632 |
18 |
|
iii) Insurance |
76 |
61 |
15 |
89 |
64 |
25 |
|
iv) G.n.i.e. |
21 |
25 |
-4 |
24 |
37 |
-13 |
|
v) Miscellaneous |
3,347 |
1,742 |
1,605 |
4,590 |
2,586 |
2,004 |
|
of which: |
|||||||
Software Services |
2,352 |
70 |
2,282 |
2,524 |
100 |
2,424 |
|
Business Services |
538 |
853 |
-316 |
1,095 |
1,264 |
-169 |
|
Financial Services |
177 |
219 |
-42 |
297 |
341 |
-44 |
|
Communication Services |
59 |
64 |
-6 |
71 |
52 |
19 |
|
b) Transfers |
2,593 |
110 |
2,483 |
2,563 |
142 |
2,421 |
|
i) Official |
34 |
22 |
12 |
29 |
29 |
1 |
|
ii) Private |
2,546 |
87 |
2,459 |
2,533 |
113 |
2,420 |
|
c) Income |
620 |
1,000 |
-380 |
415 |
1,203 |
-789 |
|
i) Investment Income |
577 |
920 |
-343 |
364 |
1,111 |
-747 |
|
ii) Compensation of Employees |
43 |
81 |
-37 |
51 |
92 |
-41 |
|
Total Current Account (I+II) |
16,379 |
18,176 |
-1,797 |
20,420 |
22,521 |
-2,101 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
9,434 |
7,034 |
2,400 |
13,159 |
11,336 |
1,823 |
|
a) Foreign Direct Investment (i+ii) |
1,831 |
971 |
860 |
1,616 |
1,187 |
429 |
|
i) In India |
1,796 |
218 |
1,578 |
1,500 |
319 |
1,181 |
|
Equity |
1,293 |
200 |
1,093 |
926 |
296 |
630 |
|
Reinvested Earnings |
411 |
– |
411 |
544 |
– |
544 |
|
Other Capital |
92 |
18 |
74 |
30 |
23 |
7 |
|
ii) Abroad |
35 |
753 |
-718 |
116 |
868 |
-752 |
|
Equity |
35 |
503 |
-469 |
116 |
480 |
-363 |
|
Reinvested Earnings |
– |
51 |
-51 |
– |
49 |
-49 |
|
Other Capital |
– |
198 |
-198 |
– |
339 |
-339 |
|
b) Portfolio Investment |
7,603 |
6,063 |
1,540 |
11,543 |
10,149 |
1,394 |
|
i) In India |
7,590 |
6,051 |
1,539 |
11,508 |
10,061 |
1,447 |
|
of which: |
|||||||
FIIs |
7430 |
6051 |
1379 |
11414 |
10061 |
1353 |
|
ADR/GDRs |
160 |
– |
160 |
94 |
– |
94 |
|
ii) Abroad |
13 |
12 |
1 |
35 |
88 |
-53 |
|
2. Loans (a+b+c) |
3,499 |
2,920 |
580 |
4,907 |
3,611 |
1,296 |
|
a) External Assistance |
279 |
143 |
136 |
359 |
134 |
225 |
|
i) By India |
2 |
20 |
-18 |
3 |
5 |
-1 |
|
ii) To India |
276 |
123 |
154 |
355 |
129 |
226 |
|
b) Commercial Borrowings |
706 |
611 |
95 |
1,098 |
528 |
570 |
|
i) By India |
46 |
71 |
-25 |
84 |
69 |
14 |
|
ii) To India |
660 |
540 |
120 |
1,014 |
459 |
555 |
|
c) Short Term to India |
2,515 |
2,166 |
349 |
3,450 |
2,949 |
502 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
2,296 |
2,079 |
217 |
3,284 |
2,949 |
335 |
|
ii) Suppliers’ Credit up to 180 days |
219 |
87 |
132 |
167 |
– |
167 |
|
3. Banking Capital (a+b) |
2,921 |
2,823 |
98 |
4,193 |
3,973 |
220 |
|
a) Commercial Banks |
2,893 |
2,801 |
92 |
4,116 |
3,919 |
197 |
|
i) Assets |
815 |
726 |
89 |
1,599 |
1,755 |
-156 |
|
ii) Liabilities |
2,078 |
2,075 |
3 |
2,516 |
2,164 |
353 |
|
of which: Non-Resident Deposits |
1,964 |
1,822 |
142 |
2,243 |
2,095 |
148 |
|
b) Others |
28 |
22 |
7 |
77 |
54 |
23 |
|
4. Rupee Debt Service |
– |
5 |
-5 |
– |
3 |
-3 |
|
5. Other Capital |
546 |
1,178 |
-632 |
447 |
950 |
-503 |
|
Total Capital Account (1 to 5) |
16,400 |
13,960 |
2,440 |
22,706 |
19,873 |
2,833 |
|
C. |
Errors & Omissions |
– |
1 |
-1 |
– |
137 |
-137 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
32,779 |
32,137 |
642 |
43,126 |
42,531 |
595 |
E. |
Monetary Movements (i+ii) |
– |
642 |
-642 |
– |
595 |
-595 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
642 |
-642 |
– |
595 |
-595 |
|
of which: SDR allocation |
– |
250 |
-250 |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
||||||
(` Billion) |
||||||
Item |
Apr-Jun 2008 (R) |
Jul-Sept 2008 (R) |
||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|
|
13 |
14 |
15 |
16 |
17 |
18 |
A. CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
2,393 |
3,443 |
-1,050 |
2,348 |
4,061 |
-1,713 |
II. INVISIBLES (a+b+c) |
1,666 |
758 |
908 |
2,054 |
878 |
1,176 |
a) Services |
984 |
514 |
470 |
1,270 |
592 |
678 |
i) Travel |
104 |
90 |
14 |
122 |
119 |
3 |
ii) Transportation |
109 |
139 |
-30 |
133 |
164 |
-31 |
iii) Insurance |
15 |
9 |
5 |
17 |
13 |
3 |
iv) G.n.i.e. |
5 |
5 |
1 |
4 |
4 |
-1 |
v) Miscellaneous |
750 |
271 |
479 |
994 |
292 |
703 |
of which: |
||||||
Software Services |
503 |
35 |
468 |
531 |
30 |
501 |
Business Services |
170 |
134 |
36 |
237 |
171 |
65 |
Financial Services |
26 |
26 |
– |
73 |
42 |
31 |
Communication Services |
21 |
9 |
12 |
32 |
13 |
19 |
b) Transfers |
533 |
27 |
506 |
603 |
36 |
567 |
i) Official |
6 |
4 |
2 |
2 |
4 |
-2 |
ii) Private |
527 |
23 |
504 |
601 |
32 |
569 |
c) Income |
149 |
216 |
-67 |
181 |
250 |
-68 |
i) Investment Income |
142 |
202 |
-60 |
169 |
235 |
-67 |
ii) Compensation of Employees |
6 |
14 |
-7 |
13 |
14 |
-2 |
Total Current Account (I+II) |
4,059 |
4,201 |
-142 |
4,402 |
4,939 |
-537 |
B. CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,236 |
2,038 |
197 |
2,301 |
2,088 |
212 |
a) Foreign Direct Investment (i+ii) |
538 |
165 |
373 |
434 |
165 |
270 |
i) In India |
528 |
1 |
527 |
420 |
2 |
418 |
Equity |
427 |
1 |
426 |
320 |
2 |
318 |
Reinvested Earnings |
94 |
– |
94 |
99 |
– |
99 |
Other Capital |
7 |
– |
7 |
2 |
– |
2 |
ii) Abroad |
10 |
164 |
-154 |
14 |
162 |
-149 |
Equity |
10 |
105 |
-95 |
14 |
122 |
-108 |
Reinvested Earnings |
– |
11 |
-11 |
– |
12 |
-12 |
Other Capital |
– |
48 |
-48 |
– |
29 |
-29 |
b) Portfolio Investment |
1,698 |
1,873 |
-175 |
1,866 |
1,924 |
-57 |
i) In India |
1,697 |
1,871 |
-174 |
1,866 |
1,923 |
-57 |
of which: |
||||||
FIIs |
1,656 |
1,871 |
-216 |
1,860 |
1,923 |
-63 |
ADR/GDRs |
42 |
– |
42 |
6 |
– |
6 |
ii) Abroad |
1 |
2 |
-1 |
1 |
1 |
– |
2. Loans (a+b+c) |
662 |
404 |
258 |
714 |
601 |
112 |
a) External Assistance |
39 |
27 |
12 |
49 |
29 |
20 |
i) By India |
1 |
4 |
-4 |
1 |
5 |
-4 |
ii) To India |
38 |
23 |
15 |
48 |
25 |
23 |
b) Commercial Borrowings |
115 |
53 |
62 |
156 |
81 |
75 |
i) By India |
17 |
8 |
9 |
23 |
6 |
17 |
ii) To India |
98 |
45 |
53 |
133 |
75 |
58 |
c) Short Term to India |
508 |
324 |
184 |
508 |
491 |
18 |
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
386 |
324 |
62 |
508 |
428 |
81 |
ii) Suppliers’ Credit up to 180 days |
123 |
– |
123 |
– |
63 |
-63 |
3. Banking Capital (a+b) |
916 |
804 |
112 |
716 |
617 |
100 |
a) Commercial Banks |
916 |
797 |
119 |
716 |
617 |
100 |
i) Assets |
477 |
439 |
39 |
289 |
226 |
63 |
ii) Liabilities |
439 |
359 |
80 |
427 |
391 |
37 |
of which: Non-Resident Deposits |
379 |
345 |
34 |
402 |
390 |
11 |
b) Others |
– |
6 |
-6 |
– |
– |
– |
4. Rupee Debt Service |
– |
1 |
-1 |
– |
– |
– |
5. Other Capital |
193 |
542 |
-349 |
209 |
336 |
-127 |
Total Capital Account (1 to 5) |
4,008 |
3,790 |
218 |
3,940 |
3,643 |
297 |
C. Errors & Omissions |
17 |
– |
17 |
33 |
– |
33 |
D. Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
8,083 |
7,990 |
93 |
8,375 |
8,582 |
-207 |
E. Monetary Movements (i+ii) |
– |
93 |
-93 |
207 |
– |
207 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
93 |
-93 |
207 |
– |
207 |
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
||||||
(` Billion) |
||||||
Item |
Oct-Dec 2008 (R) |
Jan-Mar 2009 (R) |
||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|
19 |
20 |
21 |
22 |
23 |
24 |
|
A. CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
1,923 |
3,629 |
-1,706 |
1,915 |
2,921 |
-1,006 |
II. INVISIBLES (a+b+c) |
2,068 |
941 |
1,128 |
1,916 |
929 |
987 |
a) Services |
1,376 |
639 |
738 |
1,250 |
651 |
599 |
i) Travel |
143 |
95 |
48 |
133 |
130 |
4 |
ii) Transportation |
134 |
158 |
-25 |
145 |
124 |
21 |
iii) Insurance |
17 |
13 |
4 |
17 |
16 |
1 |
iv) G.n.i.e. |
5 |
11 |
-7 |
4 |
18 |
-14 |
v) Miscellaneous |
1,079 |
361 |
717 |
950 |
363 |
588 |
of which: |
||||||
Software Services |
550 |
28 |
521 |
539 |
23 |
516 |
Business Services |
237 |
174 |
63 |
212 |
230 |
-18 |
Financial Services |
54 |
36 |
18 |
51 |
31 |
20 |
Communication Services |
27 |
13 |
14 |
25 |
15 |
10 |
b) Transfers |
536 |
41 |
495 |
497 |
21 |
476 |
i) Official |
14 |
5 |
9 |
8 |
6 |
2 |
ii) Private |
522 |
36 |
486 |
489 |
15 |
473 |
c) Income |
156 |
261 |
-105 |
169 |
258 |
-88 |
i) Investment Income |
146 |
244 |
-98 |
160 |
242 |
-82 |
ii) Compensation of Employees |
9 |
16 |
-7 |
9 |
16 |
-6 |
Total Current Account (I+II) |
3,991 |
4,570 |
-579 |
3,832 |
3,850 |
-19 |
B. CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
1,842 |
1,982 |
-140 |
1,377 |
1,295 |
81 |
a) Foreign Direct Investment (i+ii) |
545 |
402 |
143 |
448 |
233 |
215 |
i) In India |
535 |
1 |
533 |
431 |
3 |
428 |
Equity |
399 |
1 |
398 |
316 |
3 |
313 |
Reinvested Earnings |
110 |
– |
110 |
112 |
– |
112 |
Other Capital |
26 |
– |
26 |
3 |
– |
3 |
ii) Abroad |
10 |
400 |
-390 |
17 |
230 |
-213 |
Equity |
10 |
206 |
-195 |
17 |
188 |
-171 |
Reinvested Earnings |
– |
13 |
-13 |
– |
13 |
-13 |
Other Capital |
– |
181 |
-181 |
– |
28 |
-28 |
b) Portfolio Investment |
1,297 |
1,581 |
-284 |
929 |
1,063 |
-134 |
i) In India |
1,296 |
1,578 |
-282 |
925 |
1,054 |
-129 |
of which: |
||||||
FIIs |
1,295 |
1,578 |
-283 |
924 |
1,054 |
-130 |
ADR/GDRs |
– |
– |
– |
1 |
– |
1 |
ii) Abroad |
1 |
3 |
-2 |
4 |
9 |
-5 |
2. Loans (a+b+c) |
771 |
752 |
19 |
707 |
749 |
-41 |
a) External Assistance |
82 |
37 |
45 |
73 |
35 |
38 |
i) By India |
1 |
5 |
-4 |
1 |
5 |
-4 |
ii) To India |
82 |
32 |
50 |
73 |
30 |
43 |
b) Commercial Borrowings |
263 |
84 |
179 |
174 |
125 |
49 |
i) By India |
32 |
7 |
25 |
20 |
15 |
5 |
ii) To India |
231 |
77 |
154 |
154 |
110 |
45 |
c) Short Term to India |
425 |
631 |
-206 |
460 |
589 |
-129 |
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
425 |
505 |
-80 |
460 |
520 |
-61 |
ii) Suppliers’ Credit up to 180 days |
– |
126 |
-126 |
– |
69 |
-69 |
3. Banking Capital (a+b) |
723 |
965 |
-242 |
599 |
761 |
-162 |
a) Commercial Banks |
723 |
944 |
-221 |
593 |
761 |
-168 |
i) Assets |
253 |
368 |
-115 |
128 |
274 |
-145 |
ii) Liabilities |
470 |
576 |
-106 |
465 |
487 |
-22 |
of which: Non-Resident Deposits |
465 |
415 |
51 |
464 |
356 |
108 |
b) Others |
– |
21 |
-21 |
6 |
– |
6 |
4. Rupee Debt Service |
– |
– |
– |
– |
3 |
-3 |
5. Other Capital |
154 |
34 |
120 |
205 |
60 |
144 |
Total Capital Account (1 to 5) |
3,489 |
3,733 |
-244 |
2,888 |
2,869 |
19 |
C. Errors & Omissions |
– |
50 |
-50 |
15 |
– |
15 |
D. Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,481 |
8,353 |
-872 |
6,734 |
6,719 |
15 |
E. Monetary Movements (i+ii) |
872 |
– |
872 |
– |
15 |
-15 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
872 |
– |
872 |
– |
15 |
-15 |
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Apr-Jun 2009 (R) |
Jul-Sept 2009 (R) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
25 |
26 |
27 |
28 |
29 |
30 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
1911 |
3193 |
-1282 |
2101 |
3534 |
-1433 |
|
II. INVISIBLES (a+b+c) |
1889 |
809 |
1080 |
1960 |
973 |
988 |
|
a) Services |
1094 |
534 |
559 |
1034 |
664 |
370 |
|
i) Travel |
112 |
99 |
13 |
132 |
114 |
18 |
|
ii) Transportation |
122 |
135 |
-13 |
124 |
108 |
17 |
|
iii) Insurance |
19 |
15 |
4 |
19 |
16 |
2 |
|
iv) G.n.i.e. |
5 |
5 |
– |
5 |
6 |
-1 |
|
v) Miscellaneous |
836 |
279 |
556 |
754 |
419 |
335 |
|
of which: |
|||||||
Software Services |
537 |
19 |
518 |
543 |
21 |
521 |
|
Business Services |
126 |
161 |
-35 |
121 |
223 |
-102 |
|
Financial Services |
54 |
41 |
14 |
35 |
55 |
-19 |
|
Communication Services |
20 |
14 |
7 |
15 |
15 |
– |
|
b) Transfers |
651 |
23 |
628 |
697 |
28 |
669 |
|
i) Official |
2 |
5 |
-3 |
8 |
5 |
3 |
|
ii) Private |
649 |
18 |
631 |
688 |
22 |
666 |
|
c) Income |
144 |
252 |
-108 |
230 |
282 |
-52 |
|
i) Investment Income |
133 |
235 |
-102 |
220 |
265 |
-45 |
|
ii) Compensation of Employees |
11 |
17 |
-6 |
10 |
17 |
-7 |
|
Total Current Account (I+II) |
3799 |
4002 |
-203 |
4062 |
4507 |
-445 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,370 |
1,724 |
646 |
2,707 |
1,879 |
828 |
|
a) Foreign Direct Investment (i+ii) |
485 |
243 |
242 |
559 |
200 |
359 |
|
i) In India |
479 |
45 |
434 |
555 |
31 |
524 |
|
Equity |
356 |
44 |
312 |
414 |
29 |
385 |
|
Reinvested Earnings |
106 |
– |
106 |
105 |
– |
105 |
|
Other Capital |
18 |
1 |
17 |
36 |
2 |
34 |
|
ii) Abroad |
6 |
198 |
-192 |
5 |
169 |
-165 |
|
Equity |
6 |
138 |
-132 |
5 |
103 |
-99 |
|
Reinvested Earnings |
– |
13 |
-13 |
– |
13 |
-13 |
|
Other Capital |
– |
46 |
-46 |
– |
53 |
-53 |
|
b) Portfolio Investment |
1,884 |
1,481 |
403 |
2,148 |
1,679 |
469 |
|
i) In India |
1,883 |
1,480 |
403 |
2,148 |
1,678 |
470 |
|
of which: |
|||||||
FIIs |
1,881 |
1,480 |
401 |
2,019 |
1,678 |
341 |
|
ADR/GDRs |
2 |
– |
2 |
129 |
– |
129 |
|
ii) Abroad |
1 |
1 |
– |
– |
1 |
-1 |
|
2. Loans (a+b+c) |
640 |
709 |
-69 |
808 |
655 |
153 |
|
a) External Assistance |
49 |
36 |
14 |
72 |
36 |
36 |
|
i) By India |
1 |
5 |
-5 |
1 |
5 |
-4 |
|
ii) To India |
49 |
30 |
18 |
71 |
31 |
40 |
|
b) Commercial Borrowings |
96 |
118 |
-22 |
159 |
100 |
59 |
|
i) By India |
12 |
16 |
-4 |
10 |
10 |
– |
|
ii) To India |
84 |
102 |
-17 |
149 |
90 |
59 |
|
c) Short Term to India |
494 |
555 |
-61 |
578 |
519 |
58 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
494 |
468 |
26 |
532 |
519 |
13 |
|
ii) Suppliers’ Credit up to 180 days |
– |
87 |
-87 |
45 |
– |
45 |
|
3. Banking Capital (a+b) |
760 |
924 |
-164 |
801 |
587 |
214 |
|
a) Commercial Banks |
760 |
913 |
-153 |
801 |
580 |
221 |
|
i) Assets |
213 |
339 |
-126 |
297 |
84 |
213 |
|
ii) Liabilities |
547 |
574 |
-27 |
504 |
497 |
7 |
|
of which: Non-Resident Deposits |
545 |
456 |
89 |
501 |
450 |
51 |
|
b) Others |
– |
12 |
-12 |
– |
7 |
-7 |
|
4. Rupee Debt Service |
– |
1 |
-1 |
– |
– |
– |
|
5. Other Capital |
27 |
252 |
-226 |
334 |
596 |
-262 |
|
Total Capital Account (1 to 5) |
3,796 |
3,610 |
186 |
4,650 |
3,718 |
932 |
|
C. |
Errors & Omissions |
22 |
– |
22 |
– |
31 |
-31 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,618 |
7,612 |
6 |
8,712 |
8,256 |
456 |
E. |
Monetary Movements (i+ii) |
– |
6 |
-6 |
– |
456 |
-456 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
6 |
-6 |
– |
456 |
-456 |
|
of which: SDR allocation |
– |
– |
– |
– |
250 |
-250 |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Oct-Dec 2009 (R) |
Jan-Mar 2010 (R) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
31 |
32 |
33 |
34 |
35 |
36 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
2200 |
3642 |
-1443 |
2421 |
3863 |
-1442 |
|
II. INVISIBLES (a+b+c) |
1889 |
1014 |
874 |
2009 |
1148 |
861 |
|
a) Services |
1140 |
746 |
394 |
1278 |
890 |
388 |
|
i) Travel |
160 |
108 |
53 |
156 |
121 |
35 |
|
ii) Transportation |
140 |
157 |
-17 |
143 |
164 |
-21 |
|
iii) Insurance |
19 |
14 |
5 |
19 |
15 |
4 |
|
iv) G.n.i.e. |
6 |
6 |
– |
5 |
7 |
-2 |
|
v) Miscellaneous |
803 |
461 |
342 |
954 |
583 |
372 |
|
of which: |
|||||||
Software Services |
616 |
16 |
600 |
657 |
14 |
643 |
|
Business Services |
115 |
213 |
-98 |
175 |
256 |
-81 |
|
Financial Services |
37 |
54 |
-17 |
51 |
70 |
-19 |
|
Communication Services |
12 |
18 |
-6 |
11 |
18 |
-6 |
|
b) Transfers |
638 |
30 |
608 |
607 |
29 |
578 |
|
i) Official |
18 |
5 |
13 |
6 |
7 |
-1 |
|
ii) Private |
608 |
24 |
583 |
601 |
23 |
578 |
|
c) Income |
123 |
239 |
-116 |
123 |
228 |
-105 |
|
i) Investment Income |
111 |
214 |
-103 |
113 |
205 |
-93 |
|
ii) Compensation of Employees |
12 |
24 |
-13 |
11 |
23 |
-12 |
|
Total Current Account (I+II) |
4089 |
4657 |
-568 |
4429 |
5010 |
-581 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,085 |
1,690 |
395 |
2,272 |
1,742 |
530 |
|
a) Foreign Direct Investment (i+ii) |
416 |
286 |
130 |
370 |
243 |
128 |
|
i) In India |
407 |
68 |
339 |
355 |
74 |
281 |
|
Equity |
278 |
57 |
220 |
246 |
69 |
176 |
|
Reinvested Earnings |
101 |
– |
101 |
100 |
– |
100 |
|
Other Capital |
28 |
11 |
17 |
10 |
5 |
5 |
|
ii) Abroad |
9 |
217 |
-208 |
15 |
169 |
-154 |
|
Equity |
9 |
170 |
-161 |
15 |
92 |
-77 |
|
Reinvested Earnings |
– |
13 |
-13 |
– |
12 |
-12 |
|
Other Capital |
– |
35 |
-35 |
– |
64 |
-64 |
|
b) Portfolio Investment |
1,669 |
1,404 |
265 |
1,902 |
1,499 |
403 |
|
i) In India |
1,668 |
1,401 |
267 |
1,891 |
1,492 |
398 |
|
of which: |
|||||||
FIIs |
1,646 |
1,401 |
245 |
1,884 |
1,492 |
392 |
|
ADR/GDRs |
22 |
– |
22 |
7 |
– |
7 |
|
ii) Abroad |
1 |
3 |
-2 |
11 |
7 |
4 |
|
2. Loans (a+b+c) |
936 |
670 |
265 |
1,116 |
886 |
230 |
|
a) External Assistance |
77 |
37 |
39 |
81 |
34 |
47 |
|
i) By India |
1 |
5 |
-4 |
1 |
5 |
-4 |
|
ii) To India |
76 |
33 |
44 |
80 |
29 |
51 |
|
b) Commercial Borrowings |
210 |
131 |
79 |
241 |
262 |
-21 |
|
i) By India |
11 |
27 |
-16 |
14 |
18 |
-4 |
|
ii) To India |
200 |
105 |
95 |
227 |
244 |
-17 |
|
c) Short Term to India |
649 |
502 |
147 |
795 |
590 |
205 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
562 |
502 |
61 |
707 |
590 |
117 |
|
ii) Suppliers’ Credit up to 180 days |
86 |
– |
86 |
88 |
– |
88 |
|
3. Banking Capital (a+b) |
708 |
617 |
90 |
652 |
694 |
-41 |
|
a) Commercial Banks |
680 |
614 |
66 |
652 |
694 |
-42 |
|
i) Assets |
143 |
87 |
56 |
162 |
216 |
-54 |
|
ii) Liabilities |
537 |
527 |
10 |
490 |
478 |
12 |
|
of which: Non-Resident Deposits |
475 |
446 |
28 |
444 |
469 |
-25 |
|
b) Others |
28 |
3 |
25 |
1 |
– |
1 |
|
4. Rupee Debt Service |
– |
– |
– |
– |
3 |
-3 |
|
5. Other Capital |
75 |
156 |
-81 |
110 |
174 |
-64 |
|
Total Capital Account (1 to 5) |
3,803 |
3,133 |
670 |
4,151 |
3,499 |
652 |
|
C. |
Errors & Omissions |
– |
20 |
-20 |
27 |
– |
27 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
7,891 |
7,809 |
82 |
8,607 |
8,509 |
98 |
E. |
Monetary Movements (i+ii) |
– |
82 |
-82 |
– |
98 |
-98 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
82 |
-82 |
– |
98 |
-98 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Apr-June 2010 (PR) |
July-Sept 2010 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
37 |
38 |
39 |
40 |
41 |
42 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
2,523 |
3,979 |
-1,456 |
2,419 |
4,138 |
-1,719 |
|
II. INVISIBLES (a+b+c) |
1,974 |
1,097 |
876 |
2,187 |
1,254 |
933 |
|
a) Services |
1,216 |
776 |
440 |
1,461 |
909 |
552 |
|
i) Travel |
135 |
105 |
29 |
157 |
128 |
29 |
|
ii) Transportation |
143 |
143 |
– |
152 |
164 |
-12 |
|
iii) Insurance |
19 |
14 |
5 |
21 |
18 |
3 |
|
iv) G.n.i.e. |
4 |
7 |
-2 |
6 |
10 |
-4 |
|
v) Miscellaneous |
915 |
507 |
408 |
1,125 |
590 |
536 |
|
of which: |
|||||||
Software Services |
562 |
26 |
536 |
579 |
27 |
552 |
|
Business Services |
220 |
269 |
-49 |
276 |
324 |
-48 |
|
Financial Services |
56 |
64 |
-8 |
85 |
89 |
-4 |
|
Communication Services |
15 |
11 |
4 |
19 |
12 |
7 |
|
b) Transfers |
628 |
33 |
594 |
635 |
31 |
603 |
|
i) Official |
3 |
6 |
-4 |
7 |
6 |
– |
|
ii) Private |
625 |
27 |
598 |
628 |
25 |
603 |
|
c) Income |
130 |
288 |
-158 |
92 |
314 |
-222 |
|
i) Investment Income |
120 |
266 |
-146 |
80 |
294 |
-214 |
|
ii) Compensation of Employees |
10 |
22 |
-12 |
11 |
20 |
-9 |
|
Total Current Account (I+II) |
4,497 |
5,076 |
-579 |
4,606 |
5,392 |
-786 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,437 |
2,068 |
369 |
3,181 |
2,123 |
1,058 |
|
a) Foreign Direct Investment (i+ii) |
426 |
268 |
159 |
426 |
260 |
166 |
|
i) In India |
413 |
105 |
308 |
399 |
51 |
348 |
|
Equity |
273 |
104 |
169 |
253 |
48 |
205 |
|
Reinvested Earnings |
136 |
– |
136 |
139 |
– |
139 |
|
Other Capital |
3 |
1 |
2 |
7 |
3 |
4 |
|
ii) Abroad |
13 |
163 |
-149 |
27 |
209 |
-182 |
|
Equity |
13 |
98 |
-84 |
27 |
119 |
-92 |
|
Reinvested Earnings |
– |
12 |
-12 |
– |
13 |
-13 |
|
Other Capital |
– |
53 |
-53 |
– |
78 |
-78 |
|
b) Portfolio Investment |
2,011 |
1,800 |
210 |
2,755 |
1,863 |
892 |
|
i) In India |
2,006 |
1,794 |
212 |
2,748 |
1,853 |
895 |
|
of which: |
|||||||
FIIs |
1,955 |
1,794 |
161 |
2,725 |
1,853 |
872 |
|
ADR/GDRs |
51 |
– |
51 |
23 |
– |
23 |
|
ii) Abroad |
4 |
6 |
-2 |
7 |
10 |
-3 |
|
2. Loans (a+b+c) |
1,071 |
660 |
411 |
1,239 |
930 |
309 |
|
a) External Assistance |
146 |
35 |
112 |
59 |
32 |
27 |
|
i) By India |
1 |
1 |
– |
1 |
1 |
– |
|
ii) To India |
146 |
33 |
112 |
58 |
31 |
27 |
|
b) Commercial Borrowings |
202 |
100 |
102 |
277 |
117 |
160 |
|
i) By India |
8 |
11 |
-3 |
14 |
26 |
-12 |
|
ii) To India |
194 |
89 |
104 |
263 |
91 |
172 |
|
c) Short Term to India |
722 |
525 |
197 |
903 |
781 |
122 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
670 |
525 |
145 |
849 |
781 |
67 |
|
ii) Suppliers’ Credit up to 180 days |
52 |
– |
52 |
54 |
– |
54 |
|
3. Banking Capital (a+b) |
764 |
581 |
183 |
790 |
937 |
-147 |
|
a) Commercial Banks |
764 |
580 |
184 |
790 |
909 |
-119 |
|
i) Assets |
149 |
117 |
32 |
195 |
373 |
-178 |
|
ii) Liabilities |
615 |
464 |
151 |
595 |
536 |
59 |
|
of which: Non-Resident Deposits |
513 |
462 |
51 |
543 |
494 |
49 |
|
b) Others |
– |
1 |
-1 |
– |
28 |
-28 |
|
4. Rupee Debt Service |
– |
1 |
-1 |
– |
– |
– |
|
5. Other Capital |
67 |
237 |
-170 |
16 |
231 |
-216 |
|
Total Capital Account (1 to 5) |
4,339 |
3,547 |
791 |
5,225 |
4,221 |
1,004 |
|
C. |
Errors & Omissions |
– |
41 |
-41 |
– |
66 |
-66 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
8,836 |
8,665 |
171 |
9,831 |
9,678 |
153 |
E. |
Monetary Movements (i+ii) |
– |
171 |
-171 |
– |
153 |
-153 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
171 |
-171 |
– |
153 |
-153 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Oct-Dec 2010 (PR) |
Jan-Mar 2011 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
43 |
44 |
45 |
46 |
47 |
48 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
2,956 |
4,370 |
-1,414 |
3,497 |
4864 |
-1367 |
|
II. INVISIBLES (a+b+c) |
2,498 |
1,531 |
967 |
2,366 |
1288 |
1078 |
|
a) Services |
1,757 |
1,193 |
564 |
1,614 |
947 |
667 |
|
i) Travel |
199 |
128 |
71 |
205 |
145 |
60 |
|
ii) Transportation |
167 |
179 |
-12 |
188 |
147 |
41 |
|
iii) Insurance |
23 |
18 |
5 |
27 |
14 |
13 |
|
iv) G.n.i.e. |
7 |
9 |
-2 |
7 |
13 |
-5 |
|
v) Miscellaneous |
1,362 |
859 |
503 |
1187 |
629 |
558 |
|
of which: |
|||||||
Software Services |
661 |
32 |
630 |
721 |
15 |
707 |
|
Business Services |
318 |
358 |
-40 |
281 |
313 |
-32 |
|
Financial Services |
76 |
88 |
-12 |
80 |
100 |
-20 |
|
Communication Services |
19 |
14 |
5 |
18 |
15 |
2 |
|
b) Transfers |
647 |
38 |
609 |
654 |
40 |
614 |
|
i) Official |
15 |
9 |
6 |
5 |
7 |
-2 |
|
ii) Private |
632 |
29 |
603 |
649 |
33 |
616 |
|
c) Income |
94 |
300 |
-206 |
99 |
301 |
-202 |
|
i) Investment Income |
81 |
275 |
-194 |
82 |
276 |
-194 |
|
ii) Compensation of Employees |
13 |
25 |
-13 |
16 |
25 |
-9 |
|
Total Current Account (I+II) |
5,454 |
5,902 |
-448 |
5863 |
6151 |
-288 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
4,989 |
4,653 |
336 |
2,552 |
2,492 |
60 |
|
a) Foreign Direct Investment (i+ii) |
423 |
369 |
54 |
341 |
290 |
51 |
|
i) In India |
374 |
99 |
275 |
314 |
64 |
249 |
|
Equity |
236 |
83 |
152 |
163 |
61 |
103 |
|
Reinvested Earnings |
134 |
– |
134 |
135 |
– |
135 |
|
Other Capital |
5 |
15 |
-11 |
15 |
4 |
12 |
|
ii) Abroad |
49 |
271 |
-222 |
27 |
226 |
-198 |
|
Equity |
49 |
150 |
-101 |
27 |
114 |
-86 |
|
Reinvested Earnings |
– |
12 |
-12 |
– |
12 |
-12 |
|
Other Capital |
– |
109 |
-109 |
– |
100 |
-100 |
|
b) Portfolio Investment |
4,567 |
4,284 |
283 |
2,211 |
2,202 |
9 |
|
i) In India |
4,560 |
4,229 |
332 |
2,193 |
2,185 |
8 |
|
of which: |
|||||||
FIIs |
4,550 |
4,229 |
321 |
2,184 |
2,185 |
-2 |
|
ADR/GDRs |
10 |
– |
10 |
10 |
– |
10 |
|
ii) Abroad |
6 |
55 |
-49 |
18 |
17 |
1 |
|
2. Loans (a+b+c) |
1,194 |
908 |
286 |
1,403 |
1,113 |
290 |
|
a) External Assistance |
87 |
35 |
52 |
66 |
32 |
34 |
|
i) By India |
1 |
1 |
– |
1 |
1 |
– |
|
ii) To India |
86 |
34 |
52 |
65 |
31 |
34 |
|
b) Commercial Borrowings |
285 |
111 |
174 |
334 |
200 |
134 |
|
i) By India |
26 |
10 |
16 |
36 |
22 |
13 |
|
ii) To India |
259 |
101 |
158 |
299 |
178 |
120 |
|
c) Short Term to India |
823 |
762 |
60 |
1,003 |
880 |
123 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
809 |
762 |
47 |
956 |
880 |
76 |
|
ii) Suppliers’ Credit up to 180 days |
14 |
– |
14 |
47 |
– |
47 |
|
3. Banking Capital (a+b) |
1,485 |
1,265 |
220 |
1,154 |
1,189 |
-35 |
|
a) Commercial Banks |
1,481 |
1,265 |
216 |
1,081 |
1,164 |
-84 |
|
i) Assets |
897 |
684 |
213 |
359 |
581 |
-223 |
|
ii) Liabilities |
584 |
582 |
3 |
722 |
583 |
139 |
|
of which: Non-Resident Deposits |
564 |
555 |
8 |
623 |
583 |
40 |
|
b) Others |
4 |
– |
4 |
73 |
25 |
48 |
|
4. Rupee Debt Service |
– |
– |
– |
– |
2 |
-2 |
|
5. Other Capital |
154 |
374 |
-221 |
210 |
107 |
103 |
|
Total Capital Account (1 to 5) |
7,822 |
7,201 |
621 |
5,320 |
4,904 |
416 |
|
C. |
Errors & Omissions |
5 |
– |
5 |
– |
36 |
-36 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
13,282 |
13,103 |
179 |
11,182 |
11,090 |
92 |
E. |
Monetary Movements (i+ii) |
– |
179 |
-179 |
– |
92 |
-92 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
179 |
-179 |
– |
92 |
-92 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Apr-Jun 2011 (PR) |
Jul-Sept 2011 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
49 |
50 |
51 |
52 |
53 |
54 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
3,319 |
5,170 |
-1,851 |
3,499 |
5,484 |
-1,986 |
|
II. INVISIBLES (a+b+c) |
2,295 |
1,150 |
1,145 |
2,388 |
1,245 |
1,143 |
|
a) Services |
1,488 |
809 |
680 |
1,497 |
856 |
641 |
|
i) Travel |
165 |
155 |
11 |
194 |
162 |
32 |
|
ii) Transportation |
194 |
179 |
15 |
203 |
166 |
37 |
|
iii) Insurance |
25 |
13 |
12 |
28 |
19 |
9 |
|
iv) G.n.i.e. |
6 |
9 |
-3 |
7 |
8 |
-1 |
|
v) Miscellaneous |
1,098 |
453 |
645 |
1,066 |
500 |
565 |
|
of which: |
|||||||
Software Services |
668 |
14 |
655 |
638 |
14 |
624 |
|
Business Services |
239 |
278 |
-39 |
249 |
291 |
-42 |
|
Financial Services |
57 |
79 |
-22 |
72 |
97 |
-25 |
|
Communication Services |
16 |
19 |
-2 |
18 |
14 |
4 |
|
b) Transfers |
695 |
37 |
658 |
750 |
35 |
714 |
|
i) Official |
2 |
7 |
-4 |
6 |
7 |
-1 |
|
ii) Private |
693 |
31 |
662 |
743 |
28 |
715 |
|
c) Income |
111 |
304 |
-193 |
141 |
354 |
-212 |
|
i) Investment Income |
85 |
286 |
-201 |
109 |
332 |
-223 |
|
ii) Compensation of Employees |
26 |
18 |
8 |
33 |
21 |
11 |
|
Total Current Account (I+II) |
5,614 |
6,320 |
-706 |
5,887 |
6,729 |
-843 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,996 |
2,535 |
461 |
2,412 |
2,285 |
127 |
|
a) Foreign Direct Investment (i+ii) |
818 |
471 |
347 |
433 |
251 |
182 |
|
i) In India |
800 |
204 |
596 |
416 |
98 |
318 |
|
Equity |
612 |
189 |
423 |
272 |
92 |
180 |
|
Reinvested Earnings |
122 |
– |
122 |
125 |
– |
125 |
|
Other Capital |
66 |
15 |
51 |
19 |
6 |
13 |
|
ii) Abroad |
18 |
267 |
-249 |
17 |
153 |
-137 |
|
Equity |
18 |
69 |
-51 |
17 |
73 |
-56 |
|
Reinvested Earnings |
– |
14 |
-14 |
– |
14 |
-14 |
|
Other Capital |
– |
185 |
-185 |
– |
66 |
-66 |
|
b) Portfolio Investment |
2,177 |
2,064 |
114 |
1,979 |
2,034 |
-55 |
|
i) In India |
2,173 |
2,050 |
123 |
1,958 |
2,021 |
-63 |
|
of which: |
|||||||
FIIs |
2,161 |
2,050 |
111 |
1,948 |
2,021 |
-73 |
|
ADR/GDRs |
12 |
– |
12 |
9 |
– |
9 |
|
ii) Abroad |
4 |
14 |
-9 |
21 |
12 |
9 |
|
2. Loans (a+b+c) |
1,439 |
1,137 |
302 |
1,704 |
1,318 |
386 |
|
a) External Assistance |
55 |
38 |
17 |
49 |
35 |
15 |
|
i) By India |
1 |
1 |
– |
1 |
1 |
– |
|
ii) To India |
55 |
37 |
17 |
49 |
34 |
15 |
|
b) Commercial Borrowings |
303 |
155 |
148 |
446 |
206 |
240 |
|
i) By India |
15 |
14 |
1 |
51 |
21 |
30 |
|
ii) To India |
288 |
141 |
147 |
394 |
184 |
210 |
|
c) Short Term to India |
1,080 |
943 |
137 |
1,209 |
1,077 |
131 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
1,014 |
943 |
71 |
1,150 |
1,077 |
73 |
|
ii) Suppliers’ Credit up to 180 days |
66 |
– |
66 |
58 |
– |
58 |
|
3. Banking Capital (a+b) |
1,286 |
720 |
566 |
922 |
616 |
306 |
|
a) Commercial Banks |
1,285 |
719 |
566 |
922 |
615 |
307 |
|
i) Assets |
485 |
205 |
280 |
102 |
46 |
56 |
|
ii) Liabilities |
799 |
513 |
286 |
820 |
569 |
251 |
|
of which: Non-Resident Deposits |
558 |
507 |
51 |
691 |
563 |
128 |
|
b) Others |
1 |
1 |
– |
– |
1 |
-1 |
|
4. Rupee Debt Service |
– |
1 |
-1 |
– |
– |
– |
|
5. Other Capital |
10 |
343 |
-333 |
153 |
183 |
-31 |
|
Total Capital Account (1 to 5) |
5,731 |
4,736 |
995 |
5,190 |
4,402 |
788 |
|
C. |
Errors & Omissions |
– |
45 |
-45 |
67 |
– |
67 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
11,345 |
11,101 |
243 |
11,144 |
11,131 |
13 |
E. |
Monetary Movements (i+ii) |
– |
243 |
-243 |
– |
13 |
-13 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
– |
243 |
-243 |
– |
13 |
-13 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Contd.) |
|||||||
(` Billion) |
|||||||
Item |
Oct-Dec 2011 (P) |
Oct-Dec 2010 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
55 |
56 |
57 |
58 |
59 |
60 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
3,623 |
6,053 |
-2,430 |
2,956 |
4,370 |
-1,414 |
|
II. INVISIBLES (a+b+c) |
2,937 |
1,496 |
1,441 |
2,498 |
1,531 |
967 |
|
a) Services |
1,886 |
1,118 |
768 |
1,757 |
1,193 |
564 |
|
i) Travel |
258 |
180 |
78 |
199 |
128 |
71 |
|
ii) Transportation |
233 |
226 |
7 |
167 |
179 |
-12 |
|
iii) Insurance |
41 |
22 |
18 |
23 |
18 |
5 |
|
iv) G.n.i.e. |
7 |
9 |
-2 |
7 |
9 |
-2 |
|
v) Miscellaneous |
1,346 |
680 |
666 |
1,362 |
859 |
503 |
|
of which: |
|||||||
Software Services |
821 |
16 |
805 |
661 |
32 |
630 |
|
Business Services |
306 |
354 |
-46 |
318 |
358 |
-40 |
|
Financial Services |
82 |
107 |
-25 |
76 |
88 |
-12 |
|
Communication Services |
23 |
17 |
7 |
19 |
14 |
5 |
|
b) Transfers |
935 |
31 |
904 |
647 |
38 |
609 |
|
i) Official |
18 |
8 |
10 |
15 |
9 |
6 |
|
ii) Private |
917 |
24 |
894 |
632 |
29 |
603 |
|
c) Income |
116 |
346 |
-230 |
94 |
300 |
-206 |
|
i) Investment Income |
86 |
318 |
-232 |
81 |
275 |
-194 |
|
ii) Compensation of Employees |
30 |
28 |
2 |
13 |
25 |
-12 |
|
Total Current Account (I+II) |
6,560 |
7,549 |
-989 |
5,454 |
5,902 |
-448 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
2,511 |
2,186 |
325 |
4,989 |
4,653 |
336 |
|
a) Foreign Direct Investment (i+ii) |
507 |
278 |
228 |
423 |
369 |
54 |
|
i) In India |
456 |
130 |
325 |
374 |
99 |
275 |
|
Equity |
270 |
128 |
142 |
236 |
83 |
152 |
|
Reinvested Earnings |
139 |
– |
139 |
134 |
– |
134 |
|
Other Capital |
46 |
2 |
44 |
5 |
15 |
-11 |
|
ii) Abroad |
51 |
148 |
-97 |
49 |
271 |
-222 |
|
Equity |
51 |
70 |
-19 |
49 |
150 |
-101 |
|
Reinvested Earnings |
– |
15 |
-15 |
– |
12 |
-12 |
|
Other Capital |
– |
62 |
-62 |
– |
109 |
-109 |
|
b) Portfolio Investment |
2,004 |
1,907 |
97 |
4,567 |
4,284 |
283 |
|
i) In India |
1,994 |
1,895 |
99 |
4,560 |
4,229 |
332 |
|
of which: |
|||||||
FIIs |
1,990 |
1,895 |
95 |
4,550 |
4,229 |
321 |
|
ADR/GDRs |
4 |
– |
4 |
10 |
– |
10 |
|
ii) Abroad |
10 |
13 |
-2 |
6 |
55 |
-49 |
|
2. Loans (a+b+c) |
1,882 |
1,745 |
137 |
1,194 |
908 |
286 |
|
a) External Assistance |
112 |
42 |
71 |
87 |
35 |
52 |
|
i) By India |
1 |
1 |
– |
1 |
1 |
– |
|
ii) To India |
112 |
41 |
71 |
86 |
34 |
52 |
|
b) Commercial Borrowings |
489 |
415 |
73 |
285 |
111 |
174 |
|
i) By India |
72 |
46 |
26 |
26 |
10 |
16 |
|
ii) To India |
417 |
369 |
48 |
259 |
101 |
158 |
|
c) Short Term to India |
1,281 |
1,287 |
-7 |
823 |
762 |
60 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
1,281 |
1,217 |
64 |
809 |
762 |
47 |
|
ii) Suppliers’ Credit up to 180 days |
– |
70 |
-70 |
14 |
– |
14 |
|
3. Banking Capital (a+b) |
822 |
1,102 |
-279 |
1,485 |
1,265 |
220 |
|
a) Commercial Banks |
822 |
1,095 |
-273 |
1,481 |
1,265 |
216 |
|
i) Assets |
20 |
141 |
-121 |
897 |
684 |
213 |
|
ii) Liabilities |
802 |
954 |
-152 |
584 |
581 |
3 |
|
of which: Non-Resident Deposits |
800 |
630 |
169 |
564 |
555 |
8 |
|
b) Others |
– |
6 |
-6 |
4 |
– |
4 |
|
4. Rupee Debt Service |
– |
– |
– |
– |
– |
– |
|
5. Other Capital |
265 |
41 |
224 |
154 |
374 |
-221 |
|
Total Capital Account (1 to 5) |
5,480 |
5,073 |
407 |
7,822 |
7,201 |
621 |
|
C. |
Errors & Omissions |
– |
70 |
-70 |
5 |
– |
5 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
12,040 |
12,692 |
-653 |
13,282 |
13,103 |
179 |
E. |
Monetary Movements (i+ii) |
653 |
– |
653 |
– |
179 |
-179 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
653 |
– |
653 |
– |
179 |
-179 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
No. 40: India’s Overall Balance of Payments (Concld.) |
|||||||
(` Billion) |
|||||||
Item |
Apr-Dec 2011-12 (P) |
Apr-Dec 2010-11 (PR) |
|||||
Credit |
Debit |
Net |
Credit |
Debit |
Net |
||
61 |
62 |
63 |
64 |
65 |
66 |
||
A. |
CURRENT ACCOUNT |
||||||
I. MERCHANDISE |
10,440 |
16,708 |
-6,267 |
7,898 |
12,487 |
-4,589 |
|
II. INVISIBLES (a+b+c) |
7,620 |
3,890 |
3,729 |
6,659 |
3,883 |
2,776 |
|
a) Services |
4,871 |
2,783 |
2,088 |
4,434 |
2,878 |
1,556 |
|
i) Travel |
617 |
496 |
121 |
490 |
361 |
129 |
|
ii) Transportation |
629 |
571 |
58 |
462 |
486 |
-24 |
|
iii) Insurance |
94 |
55 |
39 |
62 |
50 |
12 |
|
iv) G.n.i.e. |
20 |
27 |
-6 |
17 |
25 |
-8 |
|
v) Miscellaneous |
3,510 |
1,633 |
1,877 |
3,402 |
1,956 |
1,446 |
|
of which: |
|||||||
Software Services |
2,128 |
44 |
2,084 |
1,803 |
85 |
1,718 |
|
Business Services |
806 |
923 |
-117 |
814 |
951 |
-137 |
|
Financial Services |
211 |
283 |
-73 |
216 |
241 |
-24 |
|
Communication Services |
57 |
49 |
8 |
53 |
37 |
16 |
|
b) Transfers |
2,379 |
104 |
2,276 |
1,909 |
102 |
1,807 |
|
i) Official |
26 |
21 |
5 |
24 |
22 |
3 |
|
ii) Private |
2,353 |
83 |
2,270 |
1,885 |
81 |
1,804 |
|
c) Income |
369 |
1,004 |
-635 |
316 |
902 |
-586 |
|
i) Investment Income |
280 |
937 |
-656 |
281 |
835 |
-554 |
|
ii) Compensation of Employees |
89 |
67 |
21 |
35 |
68 |
-33 |
|
Total Current Account (I+II) |
18,060 |
20,598 |
-2,538 |
14,557 |
16,370 |
-1,813 |
|
B. |
CAPITAL ACCOUNT |
||||||
1. Foreign Investment (a+b) |
7,918 |
7,005 |
913 |
10,607 |
8,844 |
1,763 |
|
a) Foreign Direct Investment (i+ii) |
1,758 |
1,000 |
758 |
1,275 |
897 |
378 |
|
i) In India |
1,672 |
432 |
1,240 |
1,186 |
255 |
931 |
|
Equity |
1,155 |
409 |
746 |
762 |
235 |
527 |
|
Reinvested Earnings |
386 |
– |
386 |
409 |
– |
409 |
|
Other Capital |
131 |
23 |
108 |
15 |
19 |
-4 |
|
ii) Abroad |
86 |
568 |
-482 |
89 |
643 |
-554 |
|
Equity |
86 |
212 |
-126 |
89 |
366 |
-277 |
|
Reinvested Earnings |
– |
43 |
-43 |
– |
37 |
-37 |
|
Other Capital |
– |
313 |
-313 |
– |
240 |
-240 |
|
b) Portfolio Investment |
6,160 |
6,005 |
156 |
9,332 |
7,947 |
1,385 |
|
i) In India |
6,125 |
5,966 |
159 |
9,314 |
7,876 |
1,439 |
|
of which: |
|||||||
FIIs |
6,099 |
5,966 |
133 |
9,230 |
7,876 |
1,355 |
|
ADR/GDRs |
26 |
– |
26 |
84 |
– |
84 |
|
ii) Abroad |
35 |
39 |
-3 |
18 |
72 |
-54 |
|
2. Loans (a+b+c) |
5,024 |
4,199 |
825 |
3,503 |
2,498 |
1,006 |
|
a) External Assistance |
217 |
115 |
102 |
292 |
102 |
191 |
|
i) By India |
2 |
3 |
-1 |
3 |
3 |
-1 |
|
ii) To India |
215 |
111 |
103 |
290 |
98 |
192 |
|
b) Commercial Borrowings |
1,237 |
776 |
461 |
764 |
328 |
436 |
|
i) By India |
138 |
82 |
56 |
48 |
47 |
1 |
|
ii) To India |
1,099 |
695 |
405 |
716 |
281 |
435 |
|
c) Short Term to India |
3,570 |
3,308 |
262 |
2,447 |
2,068 |
379 |
|
i) Suppliers’ Credit > 180 days & Buyers’ Credit |
3,445 |
3,238 |
208 |
2,327 |
2,068 |
259 |
|
ii) Suppliers’ Credit up to 180 days |
125 |
70 |
54 |
120 |
– |
120 |
|
3. Banking Capital (a+b) |
3,031 |
2,438 |
593 |
3,039 |
2,784 |
255 |
|
a) Commercial Banks |
3,029 |
2,429 |
600 |
3,035 |
2,754 |
281 |
|
i) Assets |
607 |
393 |
215 |
1,241 |
1,174 |
67 |
|
ii) Liabilities |
2,422 |
2,037 |
385 |
1,794 |
1,581 |
213 |
|
of which: Non-Resident Deposits |
2,049 |
1,700 |
348 |
1,620 |
1,512 |
108 |
|
b) Others |
2 |
9 |
-7 |
4 |
29 |
-25 |
|
4. Rupee Debt Service |
– |
1 |
-1 |
– |
1 |
-1 |
|
5. Other Capital |
428 |
568 |
-140 |
237 |
843 |
-606 |
|
Total Capital Account (1 to 5) |
16,401 |
14,212 |
2,190 |
17,386 |
14,969 |
2,417 |
|
C. |
Errors & Omissions |
– |
48 |
-48 |
– |
102 |
-102 |
D. |
Overall Balance (Total Current Account, Capital Account and Errors & Omissions (A+B+C)) |
34,528 |
34,925 |
-397 |
31,949 |
31,446 |
503 |
E. |
Monetary Movements (i+ii) |
397 |
– |
397 |
– |
503 |
-503 |
i) I.M.F. |
– |
– |
– |
– |
– |
– |
|
ii) Foreign Exchange Reserves (Increase - / Decrease +) |
397 |
– |
397 |
– |
503 |
-503 |
|
of which: SDR allocation |
– |
– |
– |
– |
– |
– |
|
Note: The comparable figures in new and old formats may not entirely agree due to rounding off. Total of subcomponents may not tally with aggregate due to rounding off. |