TABLE 132 : INDIA'S OVERALL BALANCE OF PAYMENTS - RUPEES (Concld.) |
(₹ crore) |
Item/Year | 2016-17 | 2017-18 | 2018-19 |
Credit | Debit | Net | Credit | Debit | Net | Credit | Debit | Net |
1 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 |
A. Current account | | | | | | | | | |
1. Merchandise | 1878943 | 2633395 | -754452 | 1991436 | 3023163 | -1031727 | 2358211 | 3619072 | -1260861 |
2. Invisibles (a+b+c) | 1623552 | 966016 | 657536 | 1826720 | 1109119 | 717601 | 2144996 | 1284363 | 860633 |
a) Services | 1101366 | 642916 | 458450 | 1257472 | 757503 | 499968 | 1456277 | 882494 | 573783 |
i) Travel | 155929 | 110318 | 45611 | 182768 | 125778 | 56990 | 199142 | 151485 | 47658 |
ii) Transportation | 106312 | 94773 | 11539 | 112418 | 113488 | -1071 | 136100 | 143689 | -7589 |
iii) Insurance | 14795 | 10033 | 4761 | 16154 | 10957 | 5197 | 18634 | 12543 | 6091 |
iv) G.n.i.e. | 3946 | 4021 | -75 | 4280 | 5119 | -839 | 4260 | 7795 | -3535 |
v) Miscellaneous | 820384 | 423771 | 396613 | 941852 | 502162 | 439690 | 1098141 | 566982 | 531159 |
of which: Software services | 498700 | 24062 | 474638 | 498402 | 33125 | 465277 | 583926 | 40585 | 543340 |
Business services | 220981 | 216754 | 4227 | 240722 | 236096 | 4626 | 273644 | 282815 | -9170 |
Financial services | 34193 | 39262 | -5069 | 33271 | 35691 | -2420 | 34019 | 24428 | 9591 |
Communication services | 15928 | 6106 | 9822 | 13516 | 6149 | 7366 | 17956 | 7918 | 10038 |
b) Transfers | 412918 | 37432 | 375486 | 447670 | 45224 | 402445 | 535951 | 46776 | 489175 |
i) Official | 1798 | 5750 | -3952 | 2103 | 5397 | -3295 | 1743 | 6308 | -4565 |
ii) Private | 411120 | 31682 | 379438 | 445567 | 39827 | 405740 | 534207 | 40468 | 493740 |
c) Income | 109268 | 285668 | -176400 | 121579 | 306391 | -184813 | 152769 | 355093 | -202324 |
i) Investment income | 82857 | 268614 | -185757 | 92848 | 291572 | -198724 | 119592 | 338456 | -218864 |
ii) Compensation of employees | 26411 | 17054 | 9357 | 28731 | 14819 | 13911 | 33177 | 16637 | 16540 |
Total Current account (1+2) | 3502495 | 3599411 | -96916 | 3818156 | 4132282 | -314126 | 4503207 | 4903435 | -400227 |
B. Capital account | | | | | | | | | |
1. Foreign investment (a+b) | 2082318 | 1792924 | 289394 | 2317650 | 1979966 | 337684 | 2249875 | 2037696 | 212179 |
a) Foreign direct investment (i+ii) | 474811 | 235898 | 238913 | 415421 | 220369 | 195052 | 453100 | 239063 | 214036 |
i) In India | 404057 | 120765 | 283292 | 392944 | 138968 | 253977 | 433069 | 131136 | 301932 |
Equity | 299982 | 116159 | 183822 | 293352 | 137559 | 155793 | 314461 | 129397 | 185064 |
Reinvested earnings | 82787 | 0 | 82787 | 80840 | 0 | 80840 | 95671 | 0 | 95671 |
Other capital | 21289 | 4606 | 16683 | 18753 | 1409 | 17344 | 22937 | 1739 | 21198 |
ii) Abroad | 70753 | 115133 | -44379 | 22477 | 81402 | -58925 | 20031 | 107927 | -87896 |
Equity | 70753 | 65675 | 5079 | 22477 | 33866 | -11389 | 20031 | 50188 | -30157 |
Reinvested earnings | 0 | 19621 | -19621 | 0 | 18387 | -18387 | 0 | 21203 | -21203 |
Other capital | 0 | 29836 | -29836 | 0 | 29149 | -29149 | 0 | 36536 | -36536 |
b) Portfolio investment | 1607507 | 1557026 | 50482 | 1902228 | 1759597 | 142632 | 1796775 | 1798633 | -1857 |
i) In India | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 | 1774547 | 1774552 | -5 |
of which: FIIs | 1592617 | 1541095 | 51522 | 1892201 | 1749253 | 142948 | 1761779 | 1774552 | -12773 |
GDRs/ADRs | 0 | 0 | 0 | 0 | 0 | 0 | 12768 | 0 | 12768 |
ii) Abroad | 14890 | 15931 | -1040 | 10027 | 10344 | -317 | 22229 | 24080 | -1852 |
2. Loans (a+b+c) | 808529 | 792490 | 16038 | 948250 | 840828 | 107422 | 659143 | 545701 | 113441 |
a) External assistance | 43561 | 30056 | 13505 | 49750 | 30773 | 18977 | 60429 | 36287 | 24143 |
i) By India | 388 | 1548 | -1160 | 355 | 801 | -446 | 325 | 837 | -511 |
ii) To India | 43173 | 28508 | 14665 | 49395 | 29972 | 19423 | 60104 | 35450 | 24654 |
b) Commercial borrowings | 151522 | 192454 | -40932 | 250605 | 251766 | -1161 | 296867 | 222753 | 74114 |
ii) By India | 30395 | 20400 | 9996 | 92078 | 88110 | 3968 | 97579 | 93094 | 4485 |
ii) To India | 121127 | 172054 | -50928 | 158527 | 163655 | -5129 | 199288 | 129659 | 69629 |
c) Short term to India | 613446 | 569981 | 43465 | 647895 | 558289 | 89606 | 301846 | 286662 | 15184 |
i) Suppliers' Credit >180 days & Buyers' Credit | 601970 | 568718 | 33252 | 623670 | 558289 | 65381 | 192250 | 286662 | -94412 |
ii) Suppliers' credit up to 180 days | 11475 | 1262 | 10213 | 24225 | 0 | 24225 | 109596 | 0 | 109596 |
3. Banking capital (a+b) | 561610 | 672787 | -111177 | 616727 | 512300 | 104427 | 646662 | 597020 | 49642 |
a) Commercial banks | 559680 | 672771 | -113091 | 614031 | 509602 | 104430 | 639563 | 592225 | 47338 |
i) Assets | 199390 | 193410 | 5980 | 164673 | 166547 | -1874 | 158532 | 206960 | -48429 |
ii) Liabilities | 360290 | 479361 | -119071 | 449359 | 343055 | 106304 | 481032 | 385265 | 95767 |
of which: Non-resident deposits | 319339 | 403003 | -83664 | 383765 | 321375 | 62390 | 413774 | 341877 | 71897 |
b) Others | 1930 | 16 | 1914 | 2695 | 2698 | -3 | 7099 | 4795 | 2304 |
4. Rupee debt service | 0 | 665 | -665 | 0 | 482 | -482 | 0 | 213 | -213 |
5. Other capital | 240945 | 190199 | 50747 | 266106 | 226037 | 40069 | 237182 | 228828 | 8354 |
Total capital account (1 to 5) | 3693401 | 3449065 | 244337 | 4148732 | 3559613 | 589119 | 3792862 | 3409459 | 383403 |
C. Errors & omissions | 2550 | 5737 | -3187 | 12249 | 6426 | 5823 | 4083 | 7463 | -3380 |
D. Overall balance (A+B+C) | 7198447 | 7054213 | 144234 | 7979137 | 7698321 | 280816 | 8300152 | 8320356 | -20204 |
E. Monetary movements (i+ii) | 8373 | 152607 | -144234 | 0 | 280816 | -280816 | 120018 | 99814 | 20204 |
i) I.M.F. | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
ii) Foreign exchange reserves (Increase- / Decrease+) | 8373 | 152607 | -144234 | 0 | 280816 | -280816 | 120018 | 99814 | 20204 |
of which: SDR Allocation | – | – | – | – | – | – | – | – | – |
G.n.i.e.: Government not included elsewhere. Notes : 1. Data for 2018-19 are preliminary estimates. 2. Total may not tally due to rounding off. Also see Notes on Tables. |