|
(US $ million) |
|
|
2005-06P |
2004-05PR |
|
Item |
Credit |
Debit |
Net |
Credit |
Debit |
Net |
|
1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
A.CURRENT ACCOUNT |
|
|
|
|
|
|
I. MERCHANDISE |
104,780 |
156,334 |
-51,554 |
82,150 |
118,779 |
-36,629 |
|
II.INVISIBLES (a+b+c) |
91,481 |
50,539 |
40,942 |
71,854 |
40,625 |
31,229 |
|
a) Services |
60,610 |
38,345 |
22,265 |
46,031 |
31,832 |
14,199 |
|
i) Travel |
7,789 |
6,421 |
1,368 |
6,495 |
5,510 |
985 |
|
ii) Transportation |
6,277 |
7,394 |
-1,117 |
4,798 |
4,539 |
259 |
|
iii) Insurance |
1,042 |
985 |
57 |
909 |
722 |
187 |
|
iv) G.n.i.e. |
305 |
480 |
-175 |
328 |
261 |
67 |
|
v) Miscellaneous |
45,197 |
23,065 |
22,132 |
33,501 |
20,800 |
12,701 |
|
of which : Software Services |
23,600 |
1,338 |
22,262 |
17,200 |
674 |
16,526 |
|
b) Transfers |
25,220 |
944 |
24,276 |
21,276 |
432 |
20,844 |
|
i) Official |
667 |
486 |
181 |
623 |
32 |
591 |
|
ii) Private |
24,553 |
458 |
24,095 |
20,653 |
400 |
20,253 |
|
c) Income |
5,651 |
11,250 |
-5,599 |
4,547 |
8,361 |
-3,814 |
|
i) Investment Income |
5,477 |
10,504 |
-5,027 |
4,431 |
7,100 |
-2,669 |
|
ii) Compensation of Employees |
174 |
746 |
-572 |
116 |
1,261 |
-1,145 |
|
Total Current Account (I+II) |
196,261 |
206,873 |
-10,612 |
154,004 |
159,404 |
-5,400 |
|
B. CAPITAL ACCOUNT |
|
|
|
|
|
|
1. Foreign Investment (a+b) |
76,635 |
58,413 |
18,222 |
46,508 |
34,361 |
12,147 |
|
a) Foreign Direct Investment (i+ii) |
8,520 |
2,787 |
5,733 |
5,972 |
2,732 |
3,240 |
|
i. In India |
7,752 |
61 |
7,691 |
5,654 |
65 |
5,589 |
|
Equity |
5,820 |
61 |
5,759 |
3,779 |
65 |
3,714 |
|
Reinvested Earnings |
1,676 |
- |
1,676 |
1,508 |
- |
1,508 |
|
Other Capital |
256 |
- |
256 |
367 |
- |
367 |
|
ii. Abroad |
768 |
2,726 |
-1,958 |
318 |
2,667 |
-2,349 |
|
Equity |
768 |
1,746 |
-978 |
318 |
1,579 |
-1,261 |
|
Reinvested Earnings |
- |
364 |
-364 |
- |
700 |
-700 |
|
Other Capital |
- |
616 |
-616 |
- |
388 |
-388 |
|
b) Portfolio Investment |
68,115 |
55,626 |
12,489 |
40,536 |
31,629 |
8,907 |
|
In India |
68,115 |
55,626 |
12,489 |
40,536 |
31,629 |
8,907 |
|
Abroad |
- |
- |
- |
- |
- |
- |
|
2.Loans (a+b+c) |
36,221 |
31,484 |
4,737 |
29,749 |
18,994 |
10,755 |
|
a) External Assistance |
3,415 |
1,977 |
1,438 |
3,809 |
1,886 |
1,923 |
|
i) By India |
20 |
104 |
-84 |
24 |
128 |
-104 |
|
ii) To India |
3,395 |
1,873 |
1,522 |
3,785 |
1,758 |
2,027 |
|
b) Commercial Borrowings (MT<) |
13,451 |
11,860 |
1,591 |
8,546 |
3,506 |
5,040 |
|
i) By India |
- |
342 |
-342 |
- |
23 |
-23 |
|
ii) To India |
13,451 |
11,518 |
1,933 |
8,546 |
3,483 |
5,063 |
|
c) Short Term to India |
19,355 |
17,647 |
1,708 |
17,394 |
13,602 |
3,792 |
|
3. Banking Capital (a+b) |
21,658 |
20,285 |
1,373 |
14,507 |
10,633 |
3,874 |
|
a) Commercial Banks |
20,586 |
20,144 |
442 |
14,230 |
10,251 |
3,979 |
|
i) Assets |
772 |
3,947 |
-3,175 |
505 |
552 |
-47 |
|
ii) Liabilities |
19,814 |
16,197 |
3,617 |
13,725 |
9,699 |
4,026 |
|
of which : Non-Resident Deposits |
17,835 |
15,046 |
2,789 |
8,071 |
9,035 |
-964 |
|
b) Others |
1,072 |
141 |
931 |
277 |
382 |
-105 |
|
4. Rupee Debt Service |
- |
572 |
-572 |
0 |
417 |
-417 |
|
5. Other Capital |
4,786 |
3,853 |
933 |
8,063 |
3,395 |
4,668 |
|
Total Capital Account (1to5) |
139,300 |
114,607 |
24,693 |
98,827 |
67,800 |
31,027 |
|
C. Errors & Omissions |
971 |
- |
971 |
532 |
- |
532 |
|
D. Overall Balance |
336,532 |
321,480 |
15,052 |
253,363 |
227,204 |
26,159 |
|
(Total Capital Account, Current Account |
|
|
|
|
and Errors & Omissions (A+B+C)) |
|
|
|
|
|
E. Monetary Movements (i+ii) |
- |
15,052 |
-15,052 |
- |
26,159 |
-26,159 |
|
i) I.M.F. |
- |
- |
- |
- |
- |
- |
|
ii) Foreign Exchange Reserves |
|
|
|
|
|
|
( Increase - / Decrease +) |
- |
15,052 |
-15,052 |
- |
26,159 |
-26,159 |
|
P : Preliminary.
PR : Partially Revised |
STATEMENT 1 : INDIA'S OVERALL BALANCE OF PAYMENTS IN DOLLARS
|
(US $ million)
|
|
|
Apr.-Jun. 2005 PR
|
Jul.-Sept. 2005 PR
|
Oct.-Dec. 2005 PR
|
Jan.-Mar. 2006 P
|
|
Item
|
Credit
|
Debit
|
Net
|
Credit
|
Debit
|
Net
|
Credit
|
Debit
|
Net
|
Credit
|
Debit
|
Net
|
|
1
|
8
|
9
|
10
|
11
|
12
|
13
|
14
|
15
|
16
|
17
|
18
|
19
|
|
A.CURRENT ACCOUNT
|
|
|
|
|
|
|
|
|
|
|
|
|
I. MERCHANDISE
|
24,150
|
37,754
|
-13,604
|
24,060
|
38,692
|
-14,632
|
26,400
|
38,237
|
-11,837
|
30,170
|
41,651
|
-11,481
|
|
II.INVISIBLES (a+b+c)
|
19,686
|
9,638
|
10,048
|
19,832
|
10,245
|
9,587
|
24,024
|
16,013
|
8,011
|
27,939
|
14,643
|
13,296
|
|
a) Services
|
12,849
|
7,477
|
5,372
|
13,487
|
7,348
|
6,139
|
15,773
|
11,341
|
4,432
|
18,501
|
12,179
|
6,322
|
|
i) Travel
|
1,466
|
1,288
|
178
|
1,593
|
1,343
|
250
|
2,270
|
1,838
|
432
|
2,460
|
1,952
|
508
|
|
ii) Transportation
|
1,469
|
1,638
|
-169
|
1,398
|
1,494
|
-96
|
1,609
|
2,018
|
-409
|
1,801
|
2,244
|
-443
|
|
iii) Insurance
|
199
|
193
|
6
|
358
|
105
|
253
|
210
|
337
|
-127
|
275
|
350
|
-75
|
|
iv) G.n.i.e.
|
62
|
79
|
-17
|
53
|
103
|
-50
|
104
|
122
|
-18
|
86
|
176
|
-90
|
|
v) Miscellaneous
|
9,653
|
4,279
|
5,374
|
10,085
|
4,303
|
5,782
|
11,580
|
7,026
|
4,554
|
13,879
|
7,457
|
6,422
|
|
of which : Software Services
|
5,103
|
250
|
4,853
|
5,218
|
229
|
4,989
|
6,254
|
499
|
5,755
|
7,025
|
360
|
6,665
|
|
b) Transfers
|
5,697
|
194
|
5,503
|
5,194
|
204
|
4,990
|
6,663
|
227
|
6,436
|
7,666
|
319
|
7,347
|
|
i) Official
|
116
|
104
|
12
|
103
|
104
|
-1
|
155
|
104
|
51
|
293
|
174
|
119
|
|
ii) Private
|
5,581
|
90
|
5,491
|
5,091
|
100
|
4,991
|
6,508
|
123
|
6,385
|
7,373
|
145
|
7,228
|
|
c) Income
|
1,140
|
1,967
|
-827
|
1,151
|
2,693
|
-1,542
|
1,588
|
4,445
|
-2,857
|
1,772
|
2,145
|
-373
|
|
i) Investment Income
|
1,107
|
1,802
|
-695
|
1,121
|
2,530
|
-1,409
|
1,552
|
4,245
|
-2,693
|
1,697
|
1,927
|
-230
|
|
ii) Compensation of Employees
|
33
|
165
|
-132
|
30
|
163
|
-133
|
36
|
200
|
-164
|
75
|
218
|
-143
|
|
Total Current Account (I+II)
|
43,836
|
47,392
|
-3,556
|
43,892
|
48,937
|
-5,045
|
50,424
|
54,250
|
-3,826
|
58,109
|
56,294
|
1,815
|
|
B. CAPITAL ACCOUNT
|
|
|
|
|
|
|
|
|
|
|
|
|
1. Foreign Investment (a+b)
|
12,959
|
10,789
|
2,170
|
18,131
|
12,609
|
5,522
|
19,188
|
15,028
|
4,160
|
26,357
|
19,987
|
6,370
|
|
a) Foreign Direct Investment (i+ii)
|
1,830
|
632
|
1,198
|
1,722
|
636
|
1,086
|
2,339
|
927
|
1,412
|
2,629
|
592
|
2,037
|
|
i. In India
|
1,747
|
12
|
1,735
|
1,533
|
7
|
1,526
|
2,082
|
34
|
2,048
|
2,390
|
8
|
2,382
|
|
Equity
|
1,256
|
12
|
1,244
|
1,075
|
7
|
1,068
|
1,570
|
34
|
1,536
|
1,919
|
8
|
1,911
|
|
Reinvested Earnings
|
419
|
-
|
419
|
419
|
-
|
419
|
419
|
-
|
419
|
419
|
-
|
419
|
|
Other Capital
|
72
|
-
|
72
|
39
|
-
|
39
|
93
|
-
|
93
|
52
|
-
|
52
|
|
ii. Abroad
|
83
|
620
|
-537
|
189
|
629
|
-440
|
257
|
893
|
-636
|
239
|
584
|
-345
|
|
Equity
|
83
|
342
|
-259
|
189
|
504
|
-315
|
257
|
594
|
-337
|
239
|
306
|
-67
|
|
Reinvested Earnings
|
-
|
91
|
-91
|
-
|
91
|
-91
|
-
|
91
|
-91
|
-
|
91
|
-91
|
|
Other Capital
|
-
|
187
|
-187
|
-
|
34
|
-34
|
-
|
208
|
-208
|
-
|
187
|
-187
|
|
b) Portfolio Investment
|
11,129
|
10,157
|
972
|
16,409
|
11,973
|
4,436
|
16,849
|
14,101
|
2,748
|
23,728
|
19,395
|
4,333
|
|
In India
|
11,129
|
10,157
|
972
|
16,409
|
11,973
|
4,436
|
16,849
|
14,101
|
2,748
|
23,728
|
19,395
|
4,333
|
|
Abroad
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
2.Loans (a+b+c)
|
7,180
|
6,028
|
1,152
|
10,055
|
6,991
|
3,064
|
8,375
|
11,420
|
-3,045
|
10,611
|
7,045
|
3,566
|
|
a) External Assistance
|
706
|
494
|
212
|
630
|
447
|
183
|
939
|
462
|
477
|
1,140
|
574
|
566
|
|
i) By India
|
5
|
26
|
-21
|
5
|
26
|
-21
|
5
|
26
|
-21
|
5
|
26
|
-21
|
|
ii) To India
|
701
|
468
|
233
|
625
|
421
|
204
|
934
|
436
|
498
|
1,135
|
548
|
587
|
|
b) Commercial Borrowings (MT<)
|
1,944
|
853
|
1,091
|
4,402
|
2,644
|
1,758
|
2,566
|
6,847
|
-4,281
|
4,539
|
1,516
|
3,023
|
|
i) By India
|
-
|
52
|
-52
|
-
|
92
|
-92
|
-
|
34
|
-34
|
-
|
164
|
-164
|
|
ii) To India
|
1,944
|
801
|
1,143
|
4,402
|
2,552
|
1,850
|
2,566
|
6,813
|
-4,247
|
4,539
|
1,352
|
3,187
|
|
c) Short Term to India
|
4,530
|
4,681
|
-151
|
5,023
|
3,900
|
1,123
|
4,870
|
4,111
|
759
|
4,932
|
4,955
|
-23
|
|
3. Banking Capital (a+b)
|
4,084
|
3,302
|
782
|
5,450
|
3,454
|
1,996
|
5,393
|
6,371
|
-978
|
6,731
|
7,158
|
-427
|
|
a) Commercial Banks
|
3,906
|
3,240
|
666
|
5,320
|
3,429
|
1,891
|
4,872
|
6,317
|
-1,445
|
6,488
|
7,158
|
-670
|
|
i) Assets
|
471
|
62
|
409
|
299
|
34
|
265
|
2
|
1,941
|
-1,939
|
-
|
1,910
|
-1,910
|
|
ii) Liabilities
|
3,435
|
3,178
|
257
|
5,021
|
3,395
|
1,626
|
4,870
|
4,376
|
494
|
6,488
|
5,248
|
1,240
|
|
of which : Non-Resident Deposits
|
2,759
|
2,867
|
-108
|
3,734
|
3,393
|
341
|
4,865
|
3,984
|
881
|
6,477
|
4,802
|
1,675
|
|
b) Others
|
178
|
62
|
116
|
130
|
25
|
105
|
521
|
54
|
467
|
243
|
-
|
243
|
|
4. Rupee Debt Service
|
-
|
142
|
-142
|
-
|
-
|
-
|
-
|
285
|
-285
|
-
|
145
|
-145
|
|
5. Other Capital
|
991
|
525
|
466
|
633
|
1,199
|
-566
|
1,552
|
2,010
|
-458
|
1,610
|
119
|
1,491
|
|
Total Capital Account (1to5)
|
25,214
|
20,786
|
4,428
|
34,269
|
24,253
|
10,016
|
34,508
|
35,114
|
-606
|
45,309
|
34,454
|
10,855
|
|
C. Errors & Omissions
|
375
|
-
|
375
|
285
|
-
|
285
|
-
|
240
|
-240
|
551
|
-
|
551
|
|
D. Overall Balance
|
69,425
|
68,178
|
1,247
|
78,446
|
73,190
|
5,256
|
84,932
|
89,604
|
-4,672
|
103,969
|
90,748
|
13,221
|
|
(Total Capital Account, Current Account
|
|
|
|
|
|
|
|
|
|
|
and Errors & Omissions (A+B+C))
|
|
|
|
|
|
|
|
|
|
|
|
E. Monetary Movements (i+ii)
|
-
|
1,247
|
-1,247
|
-
|
5,256
|
-5,256
|
4,672
|
-
|
4,672
|
-
|
13,221
|
-13,221
|
|
i) I.M.F.
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
-
|
|
ii) Foreign Exchange Reserves
( Increase - / Decrease +)
|
-
|
1,247
|
-1,247
|
-
|
5,256
|
-5,256
|
4,672
|
-
|
4,672
|
-
|
13,221
|
-13,221
|
|
P : Preliminary.
PR : Partially Revised
|
|