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Date : Aug 30, 2004
Appendix Table VI.2 : India's Overall Balance Of Payments

Appendix Table VI.2 : India';s Overall Balance Of Payments

 

     

Rupees Crore

US $ Million

 

Item

           
     

2003-04

2002-03

2001-02

2003-04

2002-03

2001-02

 

1

 

2

3

4

5

6

7

A.

Current Account

           
 

1.

Exports, f.o.b.

2,88,769

2,54,022

2,14,351

62,952

52,512

44,915

 

2.

Imports, c.i.f.

3,65,641

3,16,450

2,74,778

79,658

65,422

57,618

 

3.

Trade Balance

-76,872

-62,428

-60,427

-16,706

-12,910

-12,703

 

4.

Invisibles, Net

1,16,510

82,415

64,161

25,425

17,047

13,485

   

a) ';Non-Factor'; Services

48,878

32,671

21,960

10,684

6,765

4,577

   

of which: Software Services Exports

55,986

46,427

36,036

12,200

9,600

7,556

   

b) Income

-21,676

-23,871

-17,467

-4,703

-4,935

-3,601

   

c) Private Transfers

86,764

71,642

57,821

18,885

14,807

12,125

   

d) Official Transfers

2,544

1,973

1,847

559

410

384

 

5.

Current Account Balance

39,638

19,987

3,734

8,719

4,137

782

B.

Capital Account

           
 

1.

Foreign Investment, Net (a+b)

66,299

21,918

31,877

14,492

4,555

6,692

   

a. Direct Investment of which :

14,404

17,412

22,588

3,137

3,611

4,741

   

i. In India

21,463

22,575

29,192

4,675

4,660

6,131

   

Equity

10,949

13,091

18,658

2,387

2,700

4,095

   

Re-invested earnings

8,271

7,250

8,710

1,800

1,498

1,646

   

Other Capital

2,243

2,234

1,824

488

462

390

   

ii. Abroad

-7,059

-5,163

-6,604

-1,538

-1,049

-1,390

   

Equity

-1,289

-2,051

-2,701

-282

-424

-570

   

Re-invested earnings

-5,403

-2,600

-3,329

-1,176

-519

-699

   

Other Capital

-367

-512

-574

-80

-106

-121

   

b. Portfolio Investment

51,895

4,506

9,289

11,355

944

1,951

   

In India

51,998

4,679

9,617

11,377

979

2,020

   

Abroad

-103

-173

-328

-22

-35

-69

 

2.

External Assistance, Net

-12,179

-11,745

5,418

-2,661

-2,460

1,117

   

Disbursements

15,375

13,392

16,073

3,374

2,773

3,352

   

Amortisation

-27,554

-25,137

-10,655

-6,035

-5,233

-2,235

 

3.

Commercial Borrowings

-8,439

-11,370

-7,476

-1,853

-2,344

-1,576

   

Disbursements

28,577

13,678

12,896

6,253

2,833

2,696

   

Amortisation

-37,016

-25,048

-20,372

-8,106

-5,177

-4,272

 

4.

Short Term Credit, Net

7,318

4,715

-4,236

1,560

979

-891

 

5.

Banking Capital

28,491

40,612

26,671

6,197

8,412

5,592

   

of which : NRI Deposits, Net

16,800

14,414

13,127

3,628

2,976

2,754

 

6.

Rupee Debt Service

-1,758

-2,303

-2,458

-376

-474

-519

 

7.

Other Capital, Net @

21,881

16,679

793

4,763

3,445

158

 

8.

Total Capital Account

1,01,613

58,506

50,589

22,122

12,113

10,573

C.

Errors & Omissions

2,674

3,523

2,269

580

730

402

D.

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

1,43,925

82,016

56,592

31,421

16,980

11,757

E.

Monetary Movements (F+G)

-1,43,925

-82,016

-56,592

-31,421

-16,980

-11,757

F.

IMF, Net

0

0

0

0

0

0

G.

Reserves and Monetary Gold

-1,43,925

-82,016

-56,592

-31,421

-16,980

-11,757

 

[Increase (-), Decrease (+)]

           
@ : Includes delayed export receipts and advance payments against imports.
Note :
1. Gold and silver brought by the Indians returning from abroad 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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