35. Outward Remittances under the Liberalised Remittance Scheme (LRS) for Resident Individuals - RBI - Reserve Bank of India
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Published on June 19, 2024
35. Outward Remittances under the Liberalised Remittance Scheme (LRS) for Resident Individuals
| (US $ Million) | |||||
| Item | 2023-24 | 2023 | 2024 | ||
| Apr. | Feb. | Mar. | Apr. | ||
| 1 | 2 | 3 | 4 | 5 | |
| 1 Outward Remittances under the LRS | 31735.74 | 2332.08 | 2013.28 | 2302.36 | 2285.77 |
| 1.1 Deposit | 916.45 | 103.47 | 36.70 | 107.77 | 72.67 |
| 1.2 Purchase of immovable property | 242.51 | 22.87 | 15.38 | 26.08 | 23.19 |
| 1.3 Investment in equity/debt | 1510.89 | 82.19 | 135.40 | 224.70 | 98.94 |
| 1.4 Gift | 3580.27 | 339.79 | 233.91 | 318.66 | 311.16 |
| 1.5 Donations | 11.31 | 0.94 | 0.84 | 1.11 | 1.70 |
| 1.6 Travel | 17006.27 | 1099.85 | 1053.64 | 1002.41 | 1144.31 |
| 1.7 Maintenance of close relatives | 4611.53 | 449.38 | 266.39 | 394.13 | 391.69 |
| 1.8 Medical Treatment | 79.62 | 4.22 | 7.25 | 8.17 | 10.38 |
| 1.9 Studies Abroad | 3478.65 | 209.76 | 246.82 | 197.02 | 208.02 |
| 1.10 Others | 298.24 | 19.60 | 16.96 | 22.31 | 23.70 |
| Note: 1.10: Include items such as subscription to journals, maintenance of investment abroad, student loan repayments and credit card payments. | |||||
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