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PDF - Indias Balance of Payments ()
India's Balance of Payments

(Rs. Crore)

(US $ mn.)

April _ June 1999


 

April _ June 1999


 

Item

Credit

Debit

Net

Credit

Debit

Net

-

I.Merchandise

34937.6

52659.9

-17722.3

8148

12282

-4134

II.Invisibles [a+b+c]

25575.8

18234.9

7340.9

5964

4253

1711

a) Services [i..v]

11564.2

12755.6

-1191.4

2697

2975

-278

i) Travel

2877.5

2384.1

493.4

671

556

115

ii) Transportation

1546.6

2238.3

-691.7

361

522

-161

iii) Insurance

200.2

114.1

86.1

47

27

20

iv) G.n.i.e.

661.9

30.3

631.6

154

7

147

v) Miscellaneous

6278.0

7988.8

-1710.8

1464

1863

-399

b)Transfers [i+ii]

12040.5

32.5

12008.0

2808

8

2800

i) Official

243.6

0.0

243.6

57

0

57

ii) Private

11796.9

32.5

11764.4

2751

8

2743

c) Income [i+ii]

1971.1

5446.8

-3475.7

459

1270

-811

i) Investment Income

1897.1

5432.1

-3535.0

442

1267

-825

ii) compensation of Employees

74.0

14.7

59.3

17

3

14

A. Current Account Balance

60513.4

70894.8

-10381.4

14112

16535

-2423

(I+II)

B.CAPITAL ACCOUNT

1. Foreign Investment

8594.5

2843.3

5751.2

2004

664

1340

(a+b)

a) In India

8559.4

2763.6

5795.8

1996

645

1351

i. Direct

1946.2

7.9

1938.3

454

2

452

ii. Portfolio

6613.2

2755.7

3857.5

1542

643

899

b) Abroad

35.1

79.7

-44.6

8

19

-11

2. Loans

11268.6

10663.5

605.1

2628

2487

141

(a+b+c)

a) External Assistance

1886.9

1969.1

-82.2

440

459

-19

i) By India

1.5

8.1

-6.6

0

2

-2

ii) To India

1885.4

1961.0

-75.6

440

457

-17

b) Commercial Borrowings

2688.3

2704.3

-16.0

627

631

-4

(MT & LT)

i) By India

25.9

0.0

25.9

6

0

6

ii) To India

2662.4

2704.3

-41.9

621

631

-10

c) Short Term

To India

6693.4

5990.1

703.3

1561

1397

164

3. Banking Capital

13322.7

7945.0

5377.7

3107

1853

1254

(a+b)

a) Commercial Banks

11638.0

7929.8

3708.2

2714

1849

865

i) Assets

3036.3

1732.4

1303.9

708

404

304

ii) Liabilities

61.8

275.3

-213.5

14

64

-50

iii) Non-Resident Deposits

8539.9

5922.1

2617.8

1992

1381

611

b) others

1684.7

15.2

1669.5

393

4

389

4. Rupee Debt Service

0.0

2219.4

-2219.4

0

518

-518

5. Other Capital

6184.3

2326.1

3858.2

1442

543

899

Total Capital Account

39370.1

25997.3

13372.8

9181

6065

3116

(1....5)

C. Errors & omissions

3259.9

0.0

3259.9

765

0

765

D. overall Balance

103143.4

96892.1

6251.3

24058

22600

1458

(Total Capital Account,

Current Account and

Errors & omissions (A+B+C)

E. Monetary Movements

0.0

6251.3

-6251.3

0

1458

-1458

(i+ii)

i) I.M.F.

0.0

335.0

-335.0

0

78

-78

ii) Foreign Exchange Reserves

0.0

5916.3

-5916.3

0

1380

-1380

( Increase - / Decrease +)


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