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Table: INDIA'S OVERALL BALANCE OF PAYMENTS
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Item
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April-June 2004
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US $ million
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Rupees crore
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|
|
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Credit
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Debit
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Net
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Credit
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Debit
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Net
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1
|
2
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3
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4
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5
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6
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7
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A. CURRENT ACCOUNT
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I. MERCHANDISE
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16,844
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23,118
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-6,274
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75,623
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103,791
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-28,168
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II. INVISIBLES (a+b+c)
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17,694
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9,516
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8,178
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79,439
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42,723
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36,716
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a) Services
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10,553
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7,360
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3,193
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47,379
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33,044
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14,335
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i) Travel
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860
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1,142
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-282
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3,861
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5,127
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-1,266
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ii) Transportation
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948
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954
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-6
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4,256
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4,283
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-27
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iii) Insurance
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567
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300
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267
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2,546
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1,347
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1,199
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iv) G.n.i.e.
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101
|
66
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35
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453
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296
|
157
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v) Miscellaneous
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8,077
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4,898
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3,179
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36,263
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21,990
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14,273
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of which : Software Services
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3,501
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125
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3,376
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15,718
|
561
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15,157
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b) Transfers
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5,429
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90
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5,339
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24,374
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404
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23,970
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i) Official
|
220
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0
|
220
|
988
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0
|
988
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ii) Private
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5,209
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90
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5,119
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23,386
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404
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22,982
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c) Income
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1,712
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2,066
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-354
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7,686
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9,276
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-1,589
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i) Investment Income
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1,680
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1,828
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-148
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7,543
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8,207
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-664
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ii) Compensation of Employees
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32
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238
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-206
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144
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1,069
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-925
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Total Current Account (I+II)
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34,538
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32,634
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1,904
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155,062
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146,514
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8,548
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B. CAPITAL ACCOUNT
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1. Foreign Investment (a+b)
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9,871
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8,554
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1,317
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44,317
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38,404
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5,913
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a) Foreign Direct Investment (i+ii)
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1,898
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663
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1,235
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8,521
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2,977
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5,545
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i. In India
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1,409
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0
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1,409
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6,326
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0
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6,326
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Equity
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859
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0
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859
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3,857
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0
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3,857
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Reinvested Earnings
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454
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0
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454
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2,038
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0
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2,038
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Other Capital
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96
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0
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96
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431
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0
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431
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ii. Abroad
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489
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663
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-174
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2,195
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2,977
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-781
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Equity
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489
|
393
|
96
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2,195
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1,764
|
431
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Reinvested Earnings
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0
|
250
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-250
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0
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1,122
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-1,122
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Other Capital
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0
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20
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-20
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0
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90
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-90
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b) Portfolio Investment
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7,973
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7,891
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82
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35,796
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35,428
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368
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In India
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7,973
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7,891
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82
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35,796
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35,428
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368
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Abroad
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0
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0
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0
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0
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0
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0
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2.Loans (a+b+c)
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6,965
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4,118
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2,847
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31,270
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18,488
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12,782
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a) External Assistance
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504
|
432
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72
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2,263
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1,940
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323
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i) By India
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0
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0
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0
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0
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0
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0
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ii) To India
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504
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432
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72
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2,263
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1,940
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323
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b) Commercial Borrowings
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2,294
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1,129
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1,165
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10,299
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5,069
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5,230
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(MT & LT)
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i) By India
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0
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0
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0
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0
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0
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0
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ii) To India
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2,294
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1,129
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1,165
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10,299
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5,069
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5,230
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c) Short Term To India
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4,167 |
2,557
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1,610
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18,708
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11,480
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7,228
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3. Banking Capital (a+b)
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4,518
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3,398
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1,120
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20,284
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15,256
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5,028
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a) Commercial Banks
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4,268
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3,398
|
870
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19,162
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15,256
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3,906
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i) Assets
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1,974
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1,560
|
414
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8,863
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7,004
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1,859
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ii) Liabilities
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2,294
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1,838
|
456
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10,299
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8,252
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2,047
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of which:Non-Resident Deposits
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988
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1,774
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-786
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4,436
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7,965
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-3,529
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b) Others
|
250
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0
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250
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1,122
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0
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1,122
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4. Rupee Debt Service
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0
|
277
|
-277
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0
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1,244
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-1,244
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5. Other Capital
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2,380
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1,826
|
554
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10,685
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8,198
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2,487
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Total Capital Account (1 to 5)
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23,734
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18,173
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5,561
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106,557
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81,590
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24,967
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C. Errors & Omissions
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59
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59
|
265
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265
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D. Overall Balance
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58,331
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50,807
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7,524
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261,884
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228,104
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33,780
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[Total Capital Account,
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Current Account and
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Errors & Omissions (A+B+C)]
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E. Monetary Movements (i+ii)
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0
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7,524
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-7,524
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0
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33,780
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-33,780
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i) I.M.F.
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0
|
0
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0
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0
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0
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0
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ii) Foreign Exchange Reserves
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0
|
7,524
|
-7,524
|
0
|
33,780
|
-33,780
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( Increase - / Decrease +)
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