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Date : Sep 16, 2013

Table 141 : India’s Overall Balance of Payments - Rupees

(` Billion)
Item/Year	2007-08			2008-09			2009-10
Item/Year	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net
1	2	3	4	5	6	7	8	9	10
A. Current account
1. Merchandise	6680	10357	-3677	8579	14054	-5475	8633	14232	-5599
2. Invisibles (a+b+c)	5981	2939	3042	7704	3506	4198	7747	3944	3803
a) Services	3630	2068	1562	4880	2396	2484	4546	2834	1712
i) Travel	455	372	83	502	434	68	560	442	118
ii)Transportation	402	463	-61	521	585	-64	529	564	-35
iii) Insurance	66	42	24	66	51	15	76	60	16
iv) G.n.i.e.	13	15	-2	18	38	-20	21	24	-3
v) Miscellaneous	2694	1176	1518	3773	1287	2486	3347	1742	1605
of which: Software services	1620	135	1485	2123	116	2007	2353	70	2283
Business services	674	665	10	856	709	147	537	853	-316
Financial services	129	126	4	204	135	69	177	220	-43
Communication services	97	35	62	105	50	55	58	65	-7
b) Transfers	1777	93	1685	2169	125	2044	2593	110	2483
i) Official	30	21	10	30	19	11	34	22	12
ii) Private	1747	72	1675	2139	106	2033	2546	87	2459
c) Income	573	778	-205	655	985	-330	620	1001	-381
i) Investment income	555	734	-180	617	923	-306	577	919	-342
ii) Compensation of employees	18	44	-26	37	60	-23	44	81	-37
Total Current account (1+2)	12661	13296	-635	16284	17560	-1276	16379	18176	-1797
B. Capital account
1. Foreign investment (a+b)	10865	9121	1744	7756	7403	353	9434	7035	2399
a) Foreign direct investment (i+ii)	1499	861	638	1965	965	1000	1830	972	858
i) In India	1399	5	1394	1914	7	1907	1796	218	1578
Equity	1077	4	1073	1462	7	1455	1294	199	1095
Reinvested earnings	309	0	309	415	0	415	412	0	412
Other capital	12	0	12	38	0	38	92	19	73
ii) Abroad	100	857	-756	51	956	-905	35	753	-718
Equity	100	680	-579	51	621	-570	35	503	-468
Reinvested earnings	0	44	-44	0	49	-49	0	51	-51
Other capital	0	133	-133	0	286	-286	0	198	-198
b) Portfolio investment	9366	8260	1106	5790	6441	-651	7603	6063	1540
i) In India	9357	8257	1100	5784	6426	-642	7590	6051	1539
of which: FIIs	9079	8257	822	5735	6426	-691	7430	6051	1379
GDRs/ADRs	266	0	266	49	0	49	160	0	160
ii) Abroad	9	3	7	7	15	-8	13	12	1
2. Loans (a+b+c)	3303	1668	1635	2854	2506	348	3500	2920	580
a) External assistance	170	86	85	243	128	115	279	143	136
i) By India	1	1	0	4	19	-15	4	20	-16
ii) To India	169	84	85	241	110	131	276	123	153
b) Commercial borrowings	1219	309	911	708	343	365	706	611	95
ii) By India	64	65	-1	92	36	56	47	71	-24
ii) To India	1155	243	912	616	307	309	660	541	119
c) Short term to India	1914	1274	639	1901	2035	-134	2516	2166	350
i) Suppliers' Credit >180 days & Buyers' Credit	1712	1274	438	1779	1777	1	2295	2079	216
ii) Suppliers' credit up to 180 days	202	0	202	123	258	-135	219	87	132
3. Banking capital (a+b)	2240	1768	472	2954	3147	-193	2921	2822	99
a) Commercial banks	2237	1751	486	2948	3119	-171	2893	2801	92
i) Assets	784	507	276	1147	1307	-160	815	726	89
ii) Liabilities	1453	1244	209	1801	1813	-12	2078	2076	2
of which: Non-resident deposits	1181	1174	7	1710	1506	204	1965	1821	144
b) Others	3	17	-14	6	27	-21	29	22	7
4. Rupee debt service	0	5	-5	0	4	-4	0	4	-4
5. Other capital	1171	737	434	761	972	-211	546	1178	-632
Total capital account (1 to 5)	17579	13300	4279	14325	14035	290	16400	13960	2440
C. Errors & omissions	52	0	52	65	50	15	22	78	-56
D. Overall balance (A+B+C)	30293	26596	3697	30673	31644	-971	32828	32186	642
E. Monetary movements (i+ii)	0	3697	-3697	971	0	971	0	642	-642
i) I.M.F.	0	0	0	0	0	0	0	0	0
ii) Foreign exchange reserves (Increase- / Decrease+)	0	3697	-3697	971	0	971	0	642	-642
of which: SDR Allocation	0	0	0	0	0	0	0	250	-250
(Continued)

TABLE 141 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Contd.)
(` Billion)
Item/Year	2010-11			2011-12			2012-13
Item/Year	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net
1	11	12	13	14	15	16	17	18	19
A. Current account
1. Merchandise	11657	17461	-5805	14825	23946	-9121	16677	27321	-10645
2. Invisibles (a+b+c)	8672	5064	3608	10535	5173	5362	12189	6340	5848
a) Services	5673	3667	2006	6844	3765	3079	7925	4393	3532
i) Travel	719	502	216	892	659	233	979	643	335
ii)Transportation	649	632	16	876	788	88	943	806	137
iii) Insurance	89	64	25	127	72	55	121	77	45
iv) G.n.i.e.	24	37	-13	23	37	-15	31	44	-13
v) Miscellaneous	4193	2432	1761	4927	2208	2718	5851	2822	3028
of which: Software services	2417	100	2317	2992	60	2932	3583	129	3455
Business services	1095	1261	-166	1247	1290	-42	1548	1650	-103
Financial services	297	341	-44	287	383	-97	269	252	17
Communication services	71	52	19	77	75	2	92	40	51
b) Transfers	2563	142	2421	3207	156	3051	3705	221	3484
i) Official	29	29	1	31	29	2	25	42	-17
ii) Private	2533	113	2420	3176	127	3049	3680	179	3501
c) Income	437	1255	-818	484	1252	-768	559	1727	-1168
i) Investment income	386	1164	-778	366	1156	-790	392	1610	-1217
ii) Compensation of employees	51	91	-40	118	96	22	167	117	50
Total Current account (1+2)	20329	22525	-2197	25360	29120	-3760	28866	33662	-4796
B. Capital account
1. Foreign investment (a+b)	13302	11367	1935	11212	9325	1887	11698	9152	2547
a) Foreign direct investment (i+ii)	1759	1218	541	2320	1289	1032	2167	1086	1082
i) In India	1643	319	1324	2200	650	1550	1869	399	1470
Equity	1014	296	718	1691	624	1068	1248	372	875
Reinvested earnings	597	0	597	393	0	393	537	0	537
Other capital	32	23	9	116	27	89	84	27	57
ii) Abroad	116	899	-783	120	638	-518	299	686	-388
Equity	116	483	-367	120	303	-183	299	386	-87
Reinvested earnings	0	71	-71	0	58	-58	0	65	-65
Other capital	0	345	-345	0	277	-277	0	236	-236
b) Portfolio investment	11543	10149	1394	8892	8036	856	9531	8066	1465
i) In India	11508	10061	1447	8851	7983	867	9450	7938	1513
of which : FIIs	11414	10061	1353	8823	7983	840	9440	7938	1502
GDRs/ADRs	94	0	94	28	0	28	10	0	10
ii) Abroad	35	88	-53	41	53	-12	81	129	-48
2. Loans (a+b+c)	4954	3627	1327	6765	5867	897	8434	6743	1691
a) External assistance	359	134	225	274	161	113	257	204	53
i) By India	3	5	-1	3	11	-8	3	18	-16
ii) To India	355	129	226	270	150	121	255	186	69
b) Commercial borrowings	1098	544	554	1562	1083	479	1502	1041	461
ii) By India	84	69	14	178	121	58	115	121	-6
ii) To India	1015	475	539	1383	962	421	1386	920	466
c) Short term to India	3497	2949	549	4929	4624	306	6674	5498	1177
i) Suppliers' Credit >180 days & Buyers' Credit	3284	2949	335	4767	4589	178	6485	5405	1080
ii) Suppliers' credit up to 180 days	214	0	214	162	34	128	189	92	97
3. Banking capital (a+b)	4193	3973	220	4278	3568	710	4554	3651	903
a) Commercial banks	4116	3919	197	4259	3556	703	4519	3642	877
i) Assets	1599	1755	-156	615	687	-72	654	726	-72
ii) Liabilities	2516	2164	353	3643	2869	774	3864	2916	948
of which: Non-resident deposits	2243	2095	148	3105	2523	582	3552	2745	807
b) Others	77	54	23	20	12	7	35	9	26
4. Rupee debt service	0	3	-3	0	4	-4	0	3	-3
5. Other capital	452	1019	-567	641	942	-301	971	1250	-279
Total capital account (1 to 5)	22900	19989	2912	22896	19706	3190	25657	20799	4857
C. Errors & omissions	-49	71	-121	0	116	-116	146	0	146
D. Overall balance (A+B+C)	43180	42586	595	48256	48941	-685	54668	54461	207
E. Monetary movements (i+ii)	0	595	-595	685	0	685	0	207	-207
i) I.M.F.	0	0	0	0	0	0	-	-	-
ii) Foreign exchange reserves (Increase- / Decrease+)	0	595	-595	685	0	685	0	207	-207
of which: SDR Allocation	-	-	-	-	-	-	0	0	0
G.n.i.e.: Government not included elsewhere. Note : 1. Data for 2012-13 are preliminary estimates and for 2011-12 are partially revised. 2. Total may not tally due to rounding off. Also see Notes on Tables.