(US $ million)

1998-99

1999-2000

Apr. -Dec. 1999

Apr. – Dec. 2000

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

34298

47544

-13246

38285

55383

-17098

27980

39334

-11354

32921

46114

-13193

II.

INVISIBLES (a+b+c)

25770

16562

9208

30324

17389

12935

21174

12914

8260

24992

15822

9170

a)

Services

13186

11021

2165

15721

11865

3856

10553

8864

1689

13191

11240

1951

i) Travel

2993

1743

1250

3036

2139

897

2142

1606

536

2274

2034

240

ii) Transportation

1925

2680

-755

1745

2410

-665

1266

1880

-614

1408

2397

-989

iii) Insurance

224

112

112

236

122

114

180

86

94

192

83

109

iv) G.n.i.e.

597

325

272

582

270

312

421

201

220

499

244

255

v) Miscellaneous

7447

6161

1286

10122

6924

3198

6544

5091

1453

8818

6482

2336

b)

Transfers

10649

62

10587

12672

34

12638

9218

26

9192

10048

43

10005

vi) Official

308

1

307

382

-

382

249

-

249

218

1

217

vii) Private

10341

61

10280

12290

34

12256

8969

26

8943

9830

42

9788

c)

Income

1935

5479

-3544

1931

5490

-3559

1403

4024

-2621

1753

4539

-2786

i) Investment Income

1893

5462

-3569

1783

5478

-3695

1297

4015

-2718

1669

4533

-2864

ii) Compensation to Employees

42

17

25

148

12

136

106

9

97

84

6

78

Total Current Account (I+II)

60068

64106

-4038

68609

72772

-4163

49154

52248

-3094

57913

61936

-4023

B.

CAPITAL ACCOUNT

1.

Foreign Investment (a+b)

5892

3580

2312

12240

7123

5117

7461

4316

3145

9313

7414

1899

a)

In India

5743

3331

2412

12121

6930

5191

7368

4173

3195

9275

7064

2211

i) Direct

2518

38

2480

2170

3

2167

1503

3

1500

1939

22

1917

ii) Portfolio

3225

3293

-68

9951

6927

3024

5865

4170

1695

7336

7042

294

b)

Abroad

149

249

-100

119

193

-74

93

143

-50

38

350

-312

2.

Loans (a+b+c)

14771

10353

4418

13060

11459

1601

8641

7972

669

19011

14141

4870

a)

External Assistance

2726

1927

799

3074

2183

891

2095

1627

468

1821

1916

-95

i) By India

-

21

-21

-

10

-10

-

9

-9

-

17

-17

ii) To India

2726

1906

820

3074

2173

901

2095

1618

477

1821

1899

-78

b)

Commercial Borrowings (MT & LT)

7231

2864

4367

3207

2874

333

1994

2042

-48

8533

4056

4477

i) By India

5

-

5

20

-

20

20

-

20

6

1

5

ii) To India

7226

2864

4362

3187

2874

313

1974

2042

-68

8527

4055

4472

c)

Short Term To India

4814

5562

-748

6779

6402

377

4552

4303

249

8657

8169

488

3.

Banking Capital (a+b)

8197

6717

1480

11259

8532

2727

8760

6083

2677

8800

9344

-544

a)

Commercial Banks

6768

6434

334

10859

7955

2904

8363

5586

2777

8528

8950

-422

i) Assets

1344

2741

-1397

2653

1863

790

2522

1297

1225

2275

3529

-1254

ii) Liabilities

124

135

-11

201

227

-26

156

94

62

166

315

-149

iii) Non-Resident Deposits

5300

3558

1742

8005

5865

2140

5685

4195

1490

6087

5106

981

b)

Others

1429

283

1146

400

577

-177

397

497

-100

272

394

-122

4.

Rupee Debt Service

-

802

-802

-

711

-711

-

570

-570

-

461

-461

5.

Other Capital

3958

2801

1157

4018

2510

1508

2292

2015

277

2836

2064

772

Total Capital Account (1 to 5)

32818

24253

8565

40577

30335

10242

27154

20956

6198

39960

33424

6536

C.

Errors & Omissions

-

305

-305

323

-

323

-

25

-25

222

-

222

D.

Overall Balance

92886

88664

4222

109509

103107

6402

76308

73229

3079

98095

95360

2735

(Total Capital Account, Current Account and Errors & Omissions (A+B+C))

E.

Monetary Movements (i+ii)

-

4222

-4222

591

6993

-6402

-

3079

-3079

-

2735

-2735

i)

I.M.F.

-

393

-393

-

260

-260

-

234

-234

-

26

-26

ii)

Foreign Exchange Reserves ( Increase - / Decrease +)

-

3829

-3829

591

6733

-6142

-

2845

-2845

-

2709

-2709

(US $ million)

Items

Jan. – Mar. 2000

Apr. – Jun. 2000 PR

Jul. – Sep. 2000 PR

Oct. – Dec. 2000

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

14

15

16

17

18

19

20

21

22

23

24

25

A.

CURRENT ACCOUNT

I.

MERCHANDISE

10305

16049

-5744

10397

15140

-4743

11345

15836

-4491

11179

15138

-3959

II.

INVISIBLES (a+b+c)

9150

4475

4675

7213

4590

2623

8368

5311

3057

9411

5921

3490

a) Services

5168

3001

2167

3270

2886

384

4366

3794

572

5555

4560

995

i) Travel

894

533

361

709

727

-18

705

637

68

860

670

190

ii) Transportation

479

530

-51

409

887

-478

490

760

-270

509

750

-241

iii) Insurance

56

36

20

62

29

33

62

25

37

68

29

39

iv) G.n.i.e.

161

69

92

117

67

50

189

107

82

193

70

123

v) Miscellaneous

3578

1833

1745

1973

1176

797

2920

2265

655

3925

3041

884

b) Transfers

3454

8

3446

3438

16

3422

3381

12

3369

3229

15

3214

vi) Official

133

-

133

60

-

60

63

1

62

95

-

95

vii) Private

3321

8

3313

3378

16

3362

3318

11

3307

3134

15

3119

c) Income

528

1466

-938

505

1688

-1183

621

1505

-884

627

1346

-719

i) Investment Income

486

1463

-977

474

1686

-1212

593

1503

-910

602

1344

-742

ii) Compensation to Employees

42

3

39

31

2

29

28

2

26

25

2

23

Total Current Account (I+II)

19455

20524

-1069

17610

19730

-2120

19713

21147

-1434

20590

21059

-469

B.

CAPITAL ACCOUNT

1.

Foreign Investment (a+b)

4779

2807

1972

4228

3031

1197

3299

2731

568

1786

1652

134

a) In India

4753

2757

1996

4218

2953

1265

3297

2700

597

1760

1411

349

i) Direct

667

-

667

682

20

662

519

2

517

738

-

738

ii) Portfolio

4086

2757

1329

3536

2933

603

2778

2698

80

1022

1411

-389

b) Abroad

26

50

-24

10

78

-68

2

31

-29

26

241

-215

2.

Loans (a+b+c)

4419

3487

932

3643

4006

-363

5467

5191

276

9901

4944

4957

a) External Assistance

979

556

423

523

873

-350

444

481

-37

854

562

292

i) By India

-

1

-1

-

7

-7

-

3

-3

-

7

-7

ii) To India

979

555

424

523

866

-343

444

478

-34

854

555

299

b) Commercial Borrowings (MT & LT)

1213

832

381

827

1247

-420

1434

1676

-242

6272

1133

5139

i) By India

-

-

-

1

-

1

1

-

1

4

1

3

ii) To India

1213

832

381

826

1247

-421

1433

1676

-243

6268

1132

5136

c) Short Term To India

2227

2099

128

2293

1886

407

3589

3034

555

2775

3249

-474

3.

Banking Capital (a+b)

2499

2449

50

3639

2389

1250

2967

3163

-196

2194

3792

-1598

a) Commercial Banks

2496

2369

127

3371

2385

986

2967

2949

18

2190

3616

-1426

i) Assets

131

566

-435

707

373

334

990

1461

-471

578

1695

-1117

ii) Liabilities

45

133

-88

12

112

-100

29

150

-121

125

53

72

iii) Non-Resident Deposits

2320

1670

650

2652

1900

752

1948

1338

610

1487

1868

-381

b) Others

3

80

-77

268

4

264

-

214

-214

4

176

-172

4.

Rupee Debt Service

-

141

-141

-

460

-460

-

1

-1

-

-

-

5.

Other Capital

1726

495

1231

919

1285

-366

1071

522

549

846

257

589

Total Capital Account (1 to 5)

13423

9379

4044

12429

11171

1258

12804

11608

1196

14727

10645

4082

C.

Errors & Omissions

348

-

348

-

159

-159

-

175

-175

556

-

556

D.

Overall Balance

33226

29903

3323

30039

31060

-1021

32517

32930

-413

35873

31704

4169

(Total Capital Account, Current Account and Errors & Omissions (A+B+C))

E.

Monetary Movements (i+ii)

-

3323

-3323

1047

26

1021

413

-

413

-

4169

-4169

i) I.M.F.

-

26

-26

-

26

-26

-

-

-

-

-

-

ii)

Foreign Exchange Reserves ( Increase - / Decrease +)

-

3297

-3297

1047

-

1047

413

-

413

-

4169

-4169

See ‘Notes on Tables’.

PR : Partially Revised.