Publications

()

Date : Mar 28, 2000

India's Balance of Payments in Rupees

(Rs.crore)
	Apr-Jun.1999PR			Jul-Sept.1999			Oct-Dec. 1999

	Credit	Debit	Net	Credit	Debit	Net	Credit	Debit	Net

1	17	18	19	20	21	22	24	25	26
A.CURRENT ACCOUNT
I. MERCHANDISE	34938	52762	-17824	41952	56603	-14651	44191	60716	-16525

II.INVISIBLES (a+b+c)	27202	17973	9229	29379	21032	8347	32616	18821	13795

a) Services	13190	12494	696	13855	14399	-544	16232	13335	2897

i) Travel	2878	2384	494	2875	2257	618	3516	2397	1119
ii) Transportation	1547	2238	-691	2061	3111	-1050	1866	2791	-925
iii) Insurance	207	114	93	270	78	192	302	176	126
iv) G.n.i.e.	662	303	359	456	300	156	704	265	439
v) Miscellaneous	7896	7455	441	8193	8653	-460	9844	7706	2138

b) Transfers	12041	32	12009	13441	47	13394	14364	34	14330

vi) Official	244	0	244	286	0	286	548	0	548
vii) Private	11797	32	11765	13155	47	13108	13816	34	13782

c) Income	1971	5447	-3476	2083	6586	-4503	2020	5452	-3432
I) Investment Income	1897	5432	-3535	1852	6559	-4707	1862	5452	-3590
II)Compensation of employees	74	15	59	231	27	204	158	0	158

Total Current Account	62140	70735	-8595	71331	77635	-6304	76807	79537	-2730
(I+II)

B.CAPITAL ACCOUNT
1. Foreign Investment	8594	2844	5750	12660	8030	4630	11045	7831	3214
(a+b)
a) In India	8559	2764	5795	12611	7843	4768	10724	7479	3245
i. Direct	1946	8	1938	2819	3	2816	1738	0	1738
ii. Portfolio	6613	2756	3857	9792	7840	1952	8986	7479	1507
b) Abroad	35	80	-45	49	187	-138	321	352	-31

2. Loans	11268	10663	605	14261	13102	1159	12653	11862	791
(a+b+c)
a) External Assistance	1887	1969	-82	3118	2568	550	4035	2507	1528
i) By India	2	8	-6	0	14	-14	1	19	-18
ii) To India	1885	1961	-76	3118	2554	564	4034	2488	1546

b) Commercial Borrowings	2688	2704	-16	4158	3845	313	2609	3419	-810
(MT & LT)
i) By India	26	0.0	26	1	0	1	60	0	60
ii) To India	2662	2704	-42	4157	3845	312	2549	3419	-870

c) Short Term
To India	6693	5990	703	6985	6689	296	6009	5936	73

3. Banking Capital	13323	7944	5379	9799	9115	684	14758	9265	5493
(a+b)
a) Commercial Banks	11638	7929	3709	9795	8235	1560	14745	7999	6746
i) Assets	3036	1732	1304	2423	2490	-67	5455	1391	4064
ii) Liabilities	62	275	-213	253	21	232	367	109	258
iii) Non-Resident Deposits	8540	5922	2618	7119	5724	1395	8923	6499	2424
b) Others	1685	15	1670	4	880	-876	13	1266	-1253

4. Rupee Debt Service	0	2219	-2219	0	15	-15	0	211	-211

5. Other Capital	4894	2326	2568	2514	2969	-455	2604	2459	145

Total Capital Account	38079	25996	12083	39234	33231	6003	41060	31628	9432
(1....5)

C. Errors & Omissions	2763	0	2763	0	1928	-1928	2426		2426

D. Overall Balance	102982	96731	6251	110565	112794	-2229	120293	111165	9128
(Total Capital Account,
Current Account and
Errors & Omissions (A+B+C)

E. Monetary Movements	0	6251	-6251	2566	337	2229	0	9128	-9128
(i+ii)
i) I.M.F.	0	335	-335	0	337	-337	0	337	-337
ii) Foreign Exchange Reserves	0	5916	-5916	2566	0	2566	0	8791	-8791
( Increase - / Decrease +)

PR: Partialy Revised.