TABLE 134 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ Billion) |
Item/Year | 2015-16 | 2016-17 | 2017-18 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 17432.89 | 25928.20 | -8495.31 | 18789.43 | 26333.95 | -7544.52 | 19914.36 | 30231.63 | -10317.27 |
2. Invisibles (a+b+c) | 15386.93 | 8329.24 | 7057.69 | 16235.52 | 9660.16 | 6575.36 | 18267.20 | 11091.19 | 7176.01 |
a) Services | 10104.46 | 5546.17 | 4558.28 | 11013.66 | 6429.16 | 4584.50 | 12574.72 | 7575.03 | 4999.68 |
i) Travel | 1395.42 | 967.56 | 427.86 | 1559.29 | 1103.18 | 456.11 | 1827.68 | 1257.78 | 569.90 |
ii) Transportation | 916.60 | 986.18 | -69.58 | 1063.12 | 947.73 | 115.39 | 1124.18 | 1134.88 | -10.71 |
iii) Insurance | 131.13 | 75.30 | 55.83 | 147.95 | 100.33 | 47.61 | 161.54 | 109.57 | 51.97 |
iv) G.n.i.e. | 37.88 | 56.77 | -18.90 | 39.46 | 40.21 | -0.75 | 42.80 | 51.19 | -8.39 |
v) Miscellaneous | 7623.43 | 3460.35 | 4163.08 | 8203.84 | 4237.71 | 3966.13 | 9418.52 | 5021.62 | 4396.90 |
of which: Software services | 4854.64 | 176.83 | 4677.81 | 4987.00 | 240.62 | 4746.38 | 4984.02 | 331.25 | 4652.77 |
Business services | 1896.93 | 2038.60 | -141.67 | 2209.81 | 2167.54 | 42.27 | 2407.22 | 2360.96 | 46.26 |
Financial services | 322.71 | 204.87 | 117.84 | 341.93 | 392.62 | -50.69 | 332.71 | 356.91 | -24.20 |
Communication services | 142.30 | 65.92 | 76.39 | 159.28 | 61.06 | 98.22 | 135.16 | 61.49 | 73.66 |
b) Transfers | 4319.23 | 222.03 | 4097.20 | 4129.18 | 374.32 | 3754.86 | 4476.70 | 452.24 | 4024.45 |
i) Official | 28.51 | 62.13 | -33.63 | 17.98 | 57.50 | -39.52 | 21.03 | 53.97 | -32.95 |
ii) Private | 4290.72 | 159.89 | 4130.83 | 4111.20 | 316.82 | 3794.38 | 4455.67 | 398.27 | 4057.40 |
c) Income | 963.24 | 2561.04 | -1597.79 | 1092.68 | 2856.68 | -1764.00 | 1215.79 | 3063.91 | -1848.13 |
i) Investment income | 727.70 | 2414.48 | -1686.78 | 828.57 | 2686.14 | -1857.57 | 928.48 | 2915.72 | -1987.24 |
ii) Compensation of employees | 235.55 | 146.56 | 88.99 | 264.11 | 170.54 | 93.57 | 287.31 | 148.19 | 139.11 |
Total Current account (1+2) | 32819.82 | 34257.44 | -1437.62 | 35024.95 | 35994.11 | -969.16 | 38181.56 | 41322.82 | -3141.26 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 18071.52 | 15985.73 | 2085.79 | 20823.18 | 17929.24 | 2893.94 | 23176.50 | 19799.66 | 3376.84 |
a) Foreign direct investment (i+ii) | 3924.22 | 1566.40 | 2357.82 | 4748.11 | 2358.98 | 2389.13 | 4154.21 | 2203.69 | 1950.52 |
i) In India | 3641.46 | 698.88 | 2942.58 | 4040.57 | 1207.65 | 2832.92 | 3929.44 | 1389.68 | 2539.77 |
Equity | 2696.60 | 690.58 | 2006.02 | 2999.82 | 1161.59 | 1838.22 | 2933.52 | 1375.59 | 1557.93 |
Reinvested earnings | 683.43 | 0.00 | 683.43 | 827.87 | 0.00 | 827.87 | 808.40 | 0.00 | 808.40 |
Other capital | 261.43 | 8.30 | 253.13 | 212.89 | 46.06 | 166.83 | 187.53 | 14.09 | 173.44 |
ii) Abroad | 282.76 | 867.52 | -584.76 | 707.53 | 1151.33 | -443.79 | 224.77 | 814.02 | -589.25 |
Equity | 282.76 | 427.50 | -144.74 | 707.53 | 656.75 | 50.79 | 224.77 | 338.66 | -113.89 |
Reinvested earnings | 0.00 | 218.47 | -218.47 | 0.00 | 196.21 | -196.21 | 0.00 | 183.87 | -183.87 |
Other capital | 0.00 | 221.54 | -221.54 | 0.00 | 298.36 | -298.36 | 0.00 | 291.49 | -291.49 |
b) Portfolio investment | 14147.30 | 14419.33 | -272.03 | 16075.07 | 15570.26 | 504.82 | 19022.28 | 17595.97 | 1426.32 |
i) In India | 14091.76 | 14329.98 | -238.22 | 15926.17 | 15410.95 | 515.22 | 18922.01 | 17492.53 | 1429.48 |
of which: FIIs | 14067.92 | 14329.98 | -262.07 | 15926.17 | 15410.95 | 515.22 | 18922.01 | 17492.53 | 1429.48 |
GDRs/ADRs | 23.85 | 0.00 | 23.85 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ii) Abroad | 55.53 | 89.35 | -33.81 | 148.90 | 159.31 | -10.40 | 100.27 | 103.44 | -3.17 |
2. Loans (a+b+c) | 7884.03 | 8181.70 | -297.67 | 8085.29 | 7924.90 | 160.38 | 9482.50 | 8408.28 | 1074.22 |
a) External assistance | 402.44 | 302.29 | 100.15 | 435.61 | 300.56 | 135.05 | 497.50 | 307.73 | 189.77 |
i) By India | 3.83 | 33.99 | -30.16 | 3.88 | 15.48 | -11.60 | 3.55 | 8.01 | -4.46 |
ii) To India | 398.61 | 268.30 | 130.31 | 431.73 | 285.08 | 146.65 | 493.95 | 299.72 | 194.23 |
b) Commercial borrowings | 1585.72 | 1887.46 | -301.74 | 1515.22 | 1924.54 | -409.32 | 2506.05 | 2517.66 | -11.61 |
i) By India | 218.45 | 132.26 | 86.19 | 303.95 | 204.00 | 99.96 | 920.78 | 881.10 | 39.68 |
ii) To India | 1367.27 | 1755.20 | -387.93 | 1211.27 | 1720.54 | -509.28 | 1585.27 | 1636.55 | -51.29 |
c) Short term to India | 5895.87 | 5991.94 | -96.07 | 6134.46 | 5699.81 | 434.65 | 6478.95 | 5582.89 | 896.06 |
i) Suppliers' Credit >180 days & Buyers' Credit | 5729.75 | 5870.19 | -140.44 | 6019.70 | 5687.18 | 332.52 | 6236.70 | 5582.89 | 653.81 |
ii) Suppliers' credit up to 180 days | 166.12 | 121.75 | 44.37 | 114.75 | 12.62 | 102.13 | 242.25 | 0.00 | 242.25 |
3. Banking capital (a+b) | 5798.05 | 5145.47 | 652.57 | 5616.10 | 6727.87 | -1111.77 | 6167.27 | 5123.00 | 1044.27 |
a) Commercial banks | 5795.63 | 5127.74 | 667.88 | 5596.80 | 6727.71 | -1130.91 | 6140.31 | 5096.02 | 1044.30 |
i) Assets | 1240.69 | 1512.64 | -271.95 | 1993.90 | 1934.10 | 59.80 | 1646.73 | 1665.47 | -18.74 |
ii) Liabilities | 4554.93 | 3615.10 | 939.83 | 3602.90 | 4793.61 | -1190.71 | 4493.59 | 3430.55 | 1063.04 |
of which: Non-resident deposits | 3921.55 | 2874.89 | 1046.66 | 3193.39 | 4030.03 | -836.64 | 3837.65 | 3213.75 | 623.90 |
b) Others | 2.42 | 17.73 | -15.31 | 19.30 | 0.16 | 19.14 | 26.95 | 26.98 | -0.03 |
4. Rupee debt service | 0.00 | 4.76 | -4.76 | 0.00 | 6.65 | -6.65 | 0.00 | 4.82 | -4.82 |
5. Other capital | 1606.53 | 1379.09 | 227.44 | 2409.45 | 1901.99 | 507.47 | 2661.06 | 2260.37 | 400.69 |
Total capital account (1 to 5) | 33360.13 | 30696.74 | 2663.38 | 36934.01 | 34490.65 | 2443.37 | 41487.32 | 35596.13 | 5891.19 |
C. Errors & omissions | 27.96 | 95.42 | -67.46 | 25.50 | 57.37 | -31.87 | 122.49 | 64.26 | 58.23 |
D. Overall balance (A+B+C) | 66207.90 | 65049.60 | 1158.30 | 71984.47 | 70542.13 | 1442.34 | 79791.37 | 76983.21 | 2808.16 |
E. Monetary movements (i+ii) | 55.63 | 1213.93 | -1158.30 | 83.73 | 1526.07 | -1442.34 | 0.00 | 2808.16 | -2808.16 |
i) I.M.F. | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 55.63 | 1213.93 | -1158.30 | 83.73 | 1526.07 | -1442.34 | 0.00 | 2808.16 | -2808.16 |
of which: SDR Allocation | . | . | . | . | . | . | . | . | . |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2017-18 are preliminary estimates and 2016-17 are partially revised. 2. Total may not tally due to rounding off. Also see Notes on Tables. |