No. 42 : India's Overall Balance of Payments in Rupees

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Asset Publisher

પ્રકાશિત તારીખ સપ્ટેમ્બર 08, 2001

No. 42 : India's Overall Balance of Payments in Rupees

														(Rs. crore)

Items				1997 - 98 PR			1998 - 99 PR			1999-00 PR			2000-01 PR

				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			132703	190508	-57805	144436	199914	-55478	162753	240112	-77359	205287	270663	-65376
II.	Invisibles (a+b+c)			86245	49323	36922	108459	69770	38689	131449	74421	57028	157748	103803	53945
	a)	Services		35102	30159	4943	55527	46413	9114	68137	50467	17670	86613	75212	11401
		i)	Travel	10880	5339	5541	12603	7326	5277	13166	9268	3898	14505	13136	1369
		ii)	Transportation	6805	9353	-2548	8109	11266	-3157	7400	10450	-3050	8750	14461	-5711
		iii)	Insurance	890	680	210	945	472	473	1004	525	479	1176	562	614
		iv)	G.n.i.e.	1038	594	444	2520	1360	1160	2523	1167	1356	3012	1557	1455
		v)	Miscellaneou	15489	14193	1296	31350	25989	5361	44044	29057	14987	59170	45496	13674
	b)	Transfers		45348	165	45183	44799	257	44542	54939	150	54789	60312	354	59958
		i)	Official	1418	-	1418	1305	5	1300	1659	2	1657	1556	10	1546
		ii)	Private	43930	165	43765	43494	252	43242	53280	148	53132	58756	344	58412
	c)	Income		5795	18999	-13204	8133	23100	-14967	8373	23804	-15431	10823	28237	-17414
		i)	Investment Income	5795	18764	-12969	7953	23032	-15079	7727	23747	-16020	10336	28192	-17856
		ii)	Compensation to	-	235	-235	180	68	112	646	57	589	487	45	442
			Employees
Total Current Account (I+II)				218948	239831	-20883	252895	269684	-16789	294202	314533	-20331	363035	374466	-11431
B.	Capital Account
1.	Foreign Investment (a+b)			34444	14612	19832	24825	15088	9737	53125	30941	22184	65032	44142	20890
	a)	In India		34075	14114	19961	24210	14041	10169	52607	30106	22501	64713	41446	23267
		i)	Direct	13317	124	13193	10550	162	10388	9409	13	9396	10771	99	10672
		ii)	Portfolio	20758	13990	6768	13660	13879	-219	43198	30093	13105	53942	41347	12595
	b)	Abroad		369	498	-129	615	1047	-432	518	835	-317	319	2696	-2377
2.	Loans (a+b+c)			64144	46687	17457	61872	43008	18864	56646	49695	6951	106003	84825	21178
	a)	External Assistance		10827	7441	3386	11508	8107	3401	13342	9471	3871	13528	11527	2001
		i)	By India	-	77	-77	2	85	-83	3	47	-44	1	79	-78
		ii)	To India	10827	7364	3463	11506	8022	3484	13339	9424	3915	13527	11448	2079
	b)	Commercial Borrowings
		(MT & LT)		27254	12653	14601	30646	12067	18579	13910	12463	1447	43124	24268	18856
		i)	By India	43	-	43	22	-	22	87	-	87	33	9	24
		ii)	To India	27211	12653	14558	30624	12067	18557	13823	12463	1360	43091	24259	18832
	c)	Short Term To India		26063	26593	-530	19718	22834	-3116	29394	27761	1633	49351	49030	321
3.	Banking Capital (a+b)			33056	36243	-3187	37525	34396	3129	46212	36995	9217	58288	54771	3517
	a)	Commercial Banks		30328	34838	-4510	31507	33194	-1687	44496	34486	10010	56864	52962	3902
		i)	Assets	2093	10214	-8121	5713	11421	-5708	11486	8079	3407	13730	20602	-6872
		ii)	Liabilities	194	908	-714	527	566	-39	877	983	-106	2108	1901	207
		iii)	Non-Resident Deposits	28041	23716	4325	25267	21207	4060	32133	25424	6709	41026	30459	10567
	b)	Others		2728	1405	1323	6018	1202	4816	1716	2509	-793	1424	1809	-385
4.	Rupee Debt Service			-	2784	-2784	-	3308	-3308	-	3059	-3059	-	2763	-2763
5.	Other Capital			14458	9171	5287	19339	11879	7460	19839	9804	10035	18229	19452	-1223
Total Capital Account (1 to 5)				146102	109497	36605	143561	107679	35882	175822	130494	45328	247552	205953	41599
C.	Errors & Omissions			931	-	931	-	848	-848	2773	-	2773	-	2506	-2506
D.	Overall Balance			365981	349328	16653	396456	378211	18245	472797	445027	27770	610587	582925	27662
	(Total Capital Account,
	Current Account and
	Errors & Omissions (A+B+C))
E.	Monetary Movements (i+ii)			-	16653	-16653	-	18245	-18245	-	27770	-27770	-	27662	-27662
	i)	I.M.F.		-	2286	-2286	-	1652	-1652	-	1122	-1122	-	115	-115
	ii)	Foreign Exchange Reserves		-	14367	-14367	-	16593	-16593	-	26648	-26648	-	27547	-27547
		(Increase - / Decrease +)

													(Rs. crore)

Items			Apr. - Jun. 1999 PR			Jul. - Sep. 1999 PR			Oct. - Dec. 1999 PR			Jan. - Mar. 2000 PR

			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		35735	52762	-17027	41997	56685	-14688	40513	60716	-20203	44508	69949	-25441
II.	Invisibles (a+b+c)		27712	17405	10307	30401	20048	10353	33799	17807	15992	39537	19161	20376
	a) Services		13700	11926	1774	14877	13489	1388	17375	12321	5054	22185	12731	9454
		i) Travel	2878	2384	494	2875	2257	618	3516	2302	1214	3897	2325	1572
		ii) Transportation	1547	2238	-691	2062	3111	-1049	1721	2791	-1070	2070	2310	-240
		iii) Insurance	207	114	93	270	78	192	283	176	107	244	157	87
		iv) G.n.i.e.	662	303	359	456	300	156	704	265	439	701	299	402
		v) Miscellaneous	8406	6887	1519	9214	7743	1471	11151	6787	4364	15273	7640	7633
	b)	Transfers	12041	32	12009	13441	47	13394	14404	34	14370	15053	37	15016
		i) Official	244	-	244	286	-	286	548	-	548	581	2	579
		ii) Private	11797	32	11765	13155	47	13108	13856	34	13822	14472	35	14437
	c) Income		1971	5447	-3476	2083	6512	-4429	2020	5452	-3432	2299	6393	-4094
		i) Investment Income	1897	5432	-3535	1852	6485	-4633	1862	5452	-3590	2116	6378	-4262
		ii) Compensation to Employees	74	15	59	231	27	204	158	-	158	183	15	168
Total Current Account (I+II)			63447	70167	-6720	72398	76733	-4335	74312	78523	-4211	84045	89110	-5065
B.	Capital Account
1.	Foreign Investment (a+b)		8594	2844	5750	12660	8030	4630	11045	7831	3214	20826	12236	8590
	a)	In India	8559	2764	5795	12611	7843	4768	10724	7479	3245	20713	12020	8693
		i) Direct	1946	8	1938	2819	3	2816	1738	-	1738	2906	2	2904
		ii) Portfolio	6613	2756	3857	9792	7840	1952	8986	7479	1507	17807	12018	5789
	b)	Abroad	35	80	-45	49	187	-138	321	352	-31	113	216	-103
2.	Loans (a+b+c)		11304	10360	944	13431	12500	931	12653	11636	1017	19258	15199	4059
	a) External Assistance		1923	1969	-46	3118	2568	550	4035	2507	1528	4266	2427	1839
		i) By India	2	8	-6	-	14	-14	1	19	-18	-	6	-6
		ii) To India	1921	1961	-40	3118	2554	564	4034	2488	1546	4266	2421	1845
	b)	Commercial Borrowings)	2688	2401	287	3328	3243	85	2609	3193	-584	5285	3626	1659
		(MT & LT
		i) By India	26	-	26	1	-	1	60	-	60	-	-	-
		ii) To India	2662	2401	261	3327	3243	84	2549	3193	-644	5285	3626	1659
	c)	Short Term To India	6693	5990	703	6985	6689	296	6009	5936	73	9707	9146	561
3. Banking Capital (a+b)			9919	7944	1975	11480	9115	2365	14189	9265	4924	10624	10671	-47
	a) Commercial Banks		8234	7929	305	11476	8235	3241	14176	7999	6177	10610	10323	287
		i) Assets	3036	1732	1304	2423	2490	-67	5455	1391	4064	572	2466	-1894
		ii) Liabilities	62	275	-213	253	21	232	367	109	258	195	578	-383
		iii) Non-Resident Deposits	5136	5922	-786	8800	5724	3076	8354	6499	1855	9843	7279	2564
	b)	Others	1685	15	1670	4	880	-876	13	1266	-1253	14	348	-334
4.	Rupee Debt Service		-	2219	-2219	-	15	-15	-	211	-211	-	614	-614
5.	Other Capital		3518	2112	1406	3086	2864	222	4803	2539	2264	8432	2289	6143
Total Capital Account (1 to 5)			33335	25479	7856	40657	32524	8133	42690	31482	11208	59140	41009	18131
C.	Errors & Omissions		5254	-	5254	-	6028	-6028	2132	-	2132	1415	-	1415
D.	Overall Balance		102036	95646	6390	113055	115285	-2230	119134	110005	9129	144600	130119	14481
	(Total Capital Account,
	Current Account and
	Errors & Omissions (A+B+C))
E.	Monetary Movements (I+ii)		-	6390	-6390	2567	337	2230	-	9129	-9129	-	14481	-14481
	i)	I.M.F.	-	335	-335	-	337	-337	-	337	-337	-	113	-113
	ii)	Foreign Exchange Reserves	-	6055	-6055	2567	-	2567	-	8792	-8792	-	14368	-14368
		(Increase - / Decrease +)

													(Rs. crore)

Items			Apr. - Jun. 1999 PR			Jul. - Sep. 1999 PR			Oct. - Dec. 1999 PR			Jan. - Mar. 2000 PR

			Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net

1			26	27	28	29	30	31	32	33	34	35	36	37

A.	Current Account
I.	Merchandise		45854	66113	-20259	51562	69020	-17458	52122	68958	-16836	55749	66572	-10823
II.	Invisibles (a+b+c)		31812	20241	11571	37766	24376	13390	43694	28355	15339	44476	30831	13645
	a)	Services	14423	12726	1697	19576	17480	2096	25707	21313	4394	26907	23693	3214
		i) Travel	3129	3205	-76	3204	2896	308	4008	3122	886	4164	3913	251
		ii) Transportation	1802	3913	-2111	2225	3453	-1228	2372	3496	-1124	2351	3599	-1248
		iii) Insurance	273	128	145	284	115	169	318	136	182	301	183	118
		iv) G.n.i.e.	516	295	221	859	485	374	901	325	576	736	452	284
		v) Miscellaneous	8703	5185	3518	13004	10531	2473	18108	14234	3874	19355	15546	3809
	b)	Transfers	15165	69	15096	15365	56	15309	15064	69	14995	14718	160	14558
		i) Official	266	-	266	286	5	281	444	-	444	560	5	555
		ii) Private	14899	69	14830	15079	51	15028	14620	69	14551	14158	155	14003
	c)	Income	2224	7446	-5222	2825	6840	-4015	2923	6973	-4050	2851	6978	-4127
		i) Investment Income	2089	7437	-5348	2697	6833	-4136	2805	6963	-4158	2745	6959	-4214
		ii) Compensation to Employees	135	9	126	128	7	121	118	10	108	106	19	87
Total Current Account (I+II)			77666	86354	-8688	89328	93396	-4068	95816	97313	-1497	100225	97403	2822
B.	Capital Account
1.	Foreign Investment (a+b)		19425	13374	6051	16462	12409	4053	8713	7685	1028	20432	10674	9758
	a)	In India	19382	13030	6352	16452	12270	4182	8594	6563	2031	20285	9583	10702
		i) Direct	3014	89	2925	2351	10	2341	2194	-	2194	3212	-	3212
		ii) Portfolio	16368	12941	3427	14101	12260	1841	6400	6563	-163	17073	9583	7490
	b)	Abroad	43	344	-301	10	139	-129	119	1122	-1003	147	1091	-944
2.	Loans (a+b+c)		16069	17626	-1557	24851	23358	1493	46162	23013	23149	18921	20828	-1907
	a) External Assistance		2308	3852	-1544	2019	2187	-168	3983	2621	1362	5218	2867	2351
		i) By India	-	32	-32	-	14	-14	1	32	-31	-	1	-1
		ii) To India	2308	3820	-1512	2019	2173	-154	3982	2589	1393	5218	2866	2352
	b)	Commercial Borrowings	3650	5454	-1804	6520	7382	-862	29241	5244	23997	3713	6188	-2475
		(MT & LT)
		i) By India	5	-	5	5	1	4	19	5	14	4	3	1
		ii) To India	3645	5454	-1809	6515	7381	-866	29222	5239	23983	3709	6185	-2476
	c)	Short Term To India	10111	8320	1791	16312	13789	2523	12938	15148	-2210	9990	11773	-1783
3.	Banking Capital (a+b)		15749	10532	5217	13101	14374	-1273	14192	17677	-3485	15246	12188	3058
	a)	Commercial Banks	14565	10515	4050	13100	13403	-303	14175	16856	-2681	15024	12188	2836
		i) Assets	3119	1643	1476	4498	6640	-2142	2694	7903	-5209	3419	4416	-997
		ii) Liabilities	52	493	-441	133	683	-550	583	245	338	1340	480	860
		iii) Non-Resident Deposits	11394	8379	3015	8469	6080	2389	10898	8708	2190	10265	7292	2973
	b)	Others	1184	17	1167	1	971	-970	17	821	-804	222	-	222
4.	Rupee Debt Service		-	2030	-2030	-	6	-6	-	2	-2	-	725	-725
5.	Other Capital		4009	6329	-2320	5535	5325	210	3807	4099	-292	4878	3699	1179
Total Capital Account (1 to 5)			55252	49891	5361	59949	55472	4477	72874	52476	20398	59477	48114	11363
C.	Errors & Omissions		-	1176	-1176	-	2287	-2287	609	-	609	348	-	348
D.	Overall Balance		132918	137421	-4503	149277	151155	-1878	169299	149789	19510	160050	145517	14533
	(Total Capital Account,
	Current Account and
	Errors & Omissions (A+B+C))
E.	Monetary Movements (i+ii)		4618	115	4503	1878	-	1878	-	19510	-19510	-	14533	-14533
	i)	I.M.F.	-	115	-115	-	-	-	-	-	-	-	-	-
	ii)	Foreign Exchange Reserves	4618	-	4618	1878	-	1878	-	19510	-19510	-	14533	-14533
		(Increase - / Decrease +)