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Annual Report


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Date : Aug 27, 2009
India's Overall Balance of Payments

Item

Rupees crore

US $ million

2006-07

2007-08 PR

2008-09 P

2006-07

2007-08 PR

2008-09 P

1

2

3

4

5

6

7

A.

CURRENT ACCOUNT

 

 

 

 

 

 

 

1.

Exports, f.o.b.

5,82,871

6,67,757

7,98,956

1,28,888

1,66,163

1,75,184

 

2.

Imports, c.i.f.

8,62,833

10,36,289

13,41,069

1,90,670

2,57,789

2,94,587

 

3.

Trade Balance

-2,79,962

-3,68,532

-5,42,113

-61,782

-91,626

-1,19,403

 

4.

Invisibles, Net

2,35,579

2,99,618

4,09,842

52,217

74,592

89,586

 

 

a)

‘Non-Factor’ Services

1,33,064

1,51,059

2,28,778

29,469

37,565

49,818

 

 

 

of which:

 

 

 

 

 

 

 

 

 

Software Services

1,41,356

1,62,020

2,15,588

31,300

40,300

47,000

 

 

b)

Income

-33,234

-19,888

-21,116

-7,331

-4,917

-4,511

 

 

c)

Private Transfers

1,34,608

1,67,495

2,01,050

29,825

41,705

44,047

 

 

d)

Official Transfers

1,141

952

1,130

254

239

232

 

5.

Current Account Balance

-44,383

-68,914

-1,32,271

-9,565

-17,034

-29,817

B.

CAPITAL ACCOUNT

 

 

 

 

 

 

 

1.

Foreign Investment, Net (a+b)

66,791

1,80,788

11,760

14,753

44,957

3,462

 

 

a)

Direct Investment

 

 

 

 

 

 

 

 

 

of which:

34,910

61,793

76,822

7,693

15,401

17,496

 

 

 

i)   In India

1,02,652

1,37,434

1,58,579

22,739

34,236

34,982

 

 

 

Equity

73,969

1,07,320

1,25,362

16,394

26,758

27,809

 

 

 

Re-invested Earnings

26,371

28,859

29,705

5,828

7,168

6,426

 

 

 

Other Capital

2,312

1,255

3,512

517

310

747

 

 

 

ii) Abroad

-67,742

-75,641

-81,757

-15,046

-18,835

-17,486

 

 

 

Equity

-56,711

-57,936

-63,478

-12,604

-14,421

-13,558

 

 

 

Re-invested Earnings

-4,868

-4,363

-4,985

-1,076

-1,084

-1,084

 

 

 

Other Capital

-6,163

-13,342

-13,294

-1,366

-3,330

-2,844

 

 

b)

Portfolio Investment

31,881

1,18,995

-65,062

7,060

29,556

-14,034

 

 

 

In India

31,630

1,18,348

-64,206

7,004

29,394

-13,855

 

 

 

Abroad

251

647

-856

56

162

-179

 

2.

External Assistance, Net

7,973

8,465

12,435

1,775

2,114

2,638

 

 

Disbursements

16,978

17,022

23,535

3,767

4,241

5,042

 

 

Amortisation

-9,005

-8,557

-11,100

-1,992

-2,127

-2,404

 

3.

Commercial Borrowings, Net

72,365

91,180

38,009

16,103

22,633

8,158

 

 

Disbursements

93,932

1,22,270

71,626

20,883

30,376

15,382

 

 

Amortisation

-21,567

-31,090

-33,617

-4,780

-7,743

-7,224

 

4.

Short Term Credit, Net

30,096

68,878

-31,160

6,612

17,183

-5,795

 

5.

Banking Capital

 

 

 

 

 

 

 

 

of which:

8,477

47,148

-19,868

1,913

11,757

-3,397

 

 

NRI Deposits, Net

19,574

706

20,431

4,321

179

4,290

 

6.

Rupee Debt Service

-725

-488

-476

-162

-121

-101

 

7.

Other Capital, Net @

18,696

37,802

21,681

4,209

9,470

4,181

 

8.

Total Capital Account

2,03,673

4,33,773

32,381

45,203

1,07,993

9,146

C.

Errors & Omissions

4,344

4,830

2,775

968

1,205

591

D.

Overall Balance [A(5)+B(8)+C]

1,63,634

3,69,689

-97,115

36,606

92,164

-20,080

E.

Monetary Movements (F+G)

-1,63,634

-3,69,689

97,115

-36,606

-92,164

20,080

F.

IMF, Net

0

0

0

0

0

0

G.

Reserves and Monetary Gold (Increase -, Decrease +)

-1,63,634

-3,69,689

97,115

-36,606

-92,164

20,080

P : Provisional.                            PR : Partially Revised.
@    :   Includes delayed export receipts, advance payments against imports, net funds held abroad and advances received pending issue of shares under FDI.
Note : 1. Gold and silver brought by returning Indians have been included under imports, with a contra entry in private transfer receipts.
2. Data on exports and imports differ from those given by DGCI&S on account of differences in coverage, valuation and timing.


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