| (₹ Billion) | | Item | Jan-Mar 2018 (PR) | Jan-Mar 2019 (P) | | Credit | Debit | Net | Credit | Debit | Net | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Current Account (1.A+1.B+1.C) | 10,082 | 10,921 | –840 | 11,640 | 11,966 | –326 | | 1.A Goods and Services (1.A.a+1.A.b) | 8,609 | 9,990 | –1,381 | 10,008 | 10,986 | –978 | | 1.A.a Goods (1.A.a.1 to 1.A.a.3) | 5,290 | 7,968 | –2,678 | 6,157 | 8,639 | –2,482 | | 1.A.a.1 General merchandise on a BOP basis | 5,332 | 7,514 | –2,182 | 6,102 | 8,063 | –1,962 | | 1.A.a.2 Net exports of goods under merchanting | –42 | 0 | –42 | 56 | 0 | 56 | | 1.A.a.3 Nonmonetary gold | 0 | 455 | –455 | 0 | 576 | –576 | | 1.A.b Services (1.A.b.1 to 1.A.b.13) | 3,319 | 2,022 | 1,297 | 3,850 | 2,347 | 1,503 | | 1.A.b.1 Manufacturing services on physical inputs owned by others | 4 | 1 | 3 | 6 | 1 | 5 | | 1.A.b.2 Maintenance and repair services n.i.e. | 4 | 10 | –6 | 3 | 25 | –22 | | 1.A.b.3 Transport | 302 | 318 | –16 | 363 | 383 | –20 | | 1.A.b.4 Travel | 496 | 304 | 192 | 534 | 360 | 174 | | 1.A.b.5 Construction | 34 | 38 | –3 | 53 | 44 | 9 | | 1.A.b.6 Insurance and pension services | 41 | 24 | 17 | 51 | 42 | 8 | | 1.A.b.7 Financial services | 108 | 75 | 33 | 78 | 44 | 35 | | 1.A.b.8 Charges for the use of intellectual property n.i.e. | 14 | 110 | –96 | 8 | 129 | –120 | | 1.A.b.9 Telecommunications, computer, and information services | 1,324 | 110 | 1,214 | 1,569 | 143 | 1,426 | | 1.A.b.10 Other business services | 639 | 607 | 32 | 725 | 783 | –58 | | 1.A.b.11 Personal, cultural, and recreational services | 31 | 40 | –9 | 32 | 46 | –14 | | 1.A.b.12 Government goods and services n.i.e. | 12 | 20 | –8 | 11 | 20 | –9 | | 1.A.b.13 Others n.i.e. | 311 | 366 | –55 | 417 | 327 | 90 | | 1.B Primary Income (1.B.1 to 1.B.3) | 308 | 811 | –503 | 366 | 854 | –488 | | 1.B.1 Compensation of employees | 73 | 40 | 33 | 82 | 42 | 40 | | 1.B.2 Investment income | 183 | 762 | –579 | 239 | 783 | –544 | | 1.B.2.1 Direct investment | 86 | 384 | –298 | 99 | 332 | –232 | | 1.B.2.2 Portfolio investment | 4 | 151 | –147 | 5 | 172 | –167 | | 1.B.2.3 Other investment | 17 | 226 | –209 | 25 | 278 | –253 | | 1.B.2.4 Reserve assets | 76 | 1 | 75 | 109 | 1 | 108 | | 1.B.3 Other primary income | 52 | 9 | 43 | 45 | 29 | 16 | | 1.C Secondary Income (1.C.1+1.C.2) | 1,165 | 120 | 1,044 | 1,266 | 126 | 1,140 | | 1.C.1 Financial corporations, nonfinancial corporations, households, and NPISHs | 1,163 | 107 | 1,055 | 1,262 | 112 | 1,150 | | 1.C.1.1 Personal transfers (Current transfers between resident and/ | 1,125 | 81 | 1,044 | 1,221 | 85 | 1,136 | | 1.C.1.2 Other current transfers | 38 | 26 | 11 | 41 | 27 | 14 | | 1.C.2 General government | 2 | 13 | –11 | 5 | 14 | –10 | | 2 Capital Account (2.1+2.2) | 4 | 7 | –3 | 6 | 12 | –6 | | 2.1 Gross acquisitions (DR.)/disposals (CR.) of non-produced nonfinancial assets | 0 | 0 | 0 | 1 | 7 | –6 | | 2.2 Capital transfers | 4 | 6 | –3 | 5 | 5 | –0 | | 3 Financial Account (3.1 to 3.5) | 11,031 | 10,271 | 760 | 11,199 | 10,836 | 362 | | 3.1 Direct Investment (3.1A+3.1B) | 891 | 478 | 412 | 1,174 | 721 | 452 | | 3.1.A Direct Investment in India | 843 | 289 | 554 | 1,090 | 400 | 690 | | 3.1.A.1 Equity and investment fund shares | 804 | 287 | 517 | 1,037 | 397 | 639 | | 3.1.A.1.1 Equity other than reinvestment of earnings | 585 | 287 | 298 | 779 | 397 | 382 | | 3.1.A.1.2 Reinvestment of earnings | 218 | 0 | 218 | 257 | 0 | 257 | | 3.1.A.2 Debt instruments | 39 | 2 | 37 | 53 | 3 | 51 | | 3.1.A.2.1 Direct investor in direct investment enterprises | 39 | 2 | 37 | 53 | 3 | 51 | | 3.1.B Direct Investment by India | 48 | 189 | –141 | 84 | 322 | –238 | | 3.1.B.1 Equity and investment fund shares | 48 | 127 | –79 | 84 | 172 | –88 | | 3.1.B.1.1 Equity other than reinvestment of earnings | 48 | 81 | –33 | 84 | 119 | –34 | | 3.1.B.1.2 Reinvestment of earnings | 0 | 46 | –46 | 0 | 53 | –53 | | 3.1.B.2 Debt instruments | 0 | 62 | –62 | 0 | 150 | –150 | | 3.1.B.2.1 Direct investor in direct investment enterprises | 0 | 62 | –62 | 0 | 150 | –150 | | 3.2 Portfolio Investment | 4,629 | 4,482 | 146 | 5,438 | 4,773 | 665 | | 3.2.A Portfolio Investment in India | 4,620 | 4,467 | 153 | 5,413 | 4,605 | 808 | | 3.2.1 Equity and investment fund shares | 3,750 | 3,613 | 137 | 4,130 | 3,566 | 564 | | 3.2.2 Debt securities | 870 | 854 | 16 | 1,283 | 1,039 | 245 | | 3.2.B Portfolio Investment by India | 9 | 15 | –6 | 25 | 168 | –143 | | 3.3 Financial derivatives (other than reserves) and employee stock options | 322 | 329 | –7 | 453 | 401 | 52 | | 3.4 Other investment | 5,189 | 4,129 | 1,060 | 4,134 | 3,943 | 191 | | 3.4.1 Other equity (ADRs/GDRs) | 0 | 0 | 0 | 0 | 0 | 0 | | 3.4.2 Currency and deposits | 1,297 | 993 | 304 | 1,126 | 815 | 311 | | 3.4.2.1 Central bank (Rupee Debt Movements; NRG) | 5 | 0 | 5 | 71 | 0 | 71 | | 3.4.2.2 Deposit-taking corporations, except the central bank (NRI Deposits) | 1,291 | 993 | 298 | 1,055 | 815 | 240 | | 3.4.2.3 General government | – | – | – | 0 | 0 | 0 | | 3.4.2.4 Other sectors | – | – | – | 0 | 0 | 0 | | 3.4.3 Loans (External Assistance, ECBs and Banking Capital) | 1,798 | 1,648 | 150 | 1,845 | 2,105 | –260 | | 3.4.3.A Loans to India | 1,403 | 1,254 | 149 | 1,330 | 1,609 | –279 | | 3.4.3.B Loans by India | 396 | 394 | 1 | 515 | 495 | 19 | | 3.4.4 Insurance, pension, and standardized guarantee schemes | 3 | 61 | –59 | 1 | 26 | –24 | | 3.4.5 Trade credit and advances | 1,581 | 1,288 | 292 | 755 | 651 | 103 | | 3.4.6 Other accounts receivable/payable - other | 510 | 138 | 372 | 407 | 347 | 61 | | 3.4.7 Special drawing rights | – | – | – | 0 | 0 | 0 | | 3.5 Reserve assets | 0 | 852 | –852 | 0 | 998 | –998 | | 3.5.1 Monetary gold | – | – | – | – | – | – | | 3.5.2 Special drawing rights n.a. | – | – | – | – | – | – | | 3.5.3 Reserve position in the IMF n.a. | – | – | – | – | – | – | | 3.5.4 Other reserve assets (Foreign Currency Assets) | 0 | 852 | –852 | 0 | 998 | –998 | | 4 Total assets/liabilities | 11,031 | 10,271 | 760 | 11,199 | 10,836 | 362 | | 4.1 Equity and investment fund shares | 4,935 | 4,432 | 503 | 5,730 | 4,730 | 1,000 | | 4.2 Debt instruments | 5,585 | 4,848 | 737 | 5,062 | 4,762 | 300 | | 4.3 Other financial assets and liabilities | 510 | 990 | –480 | 407 | 1,345 | –938 | | 5 Net errors and omissions | 82 | – | 82 | 0 | 30 | –30 | | Note: Explanatory notes on these tables are available in December issue of RBI Bulletin, 2012. | |