Balance of Payment Apr-Jun 2010: India
10/10/2010 18:58
April-June 2010 P | |||
Item | Credit | Debit | Net |
1 | 2 | 3 | 4 |
A.CURRENT ACCOUNT | |||
I. MERCHANDISE | 53,726 | 87,920 | -34,194 |
II.INVISIBLES (a+b+c) | 42,725 | 22,263 | 20,462 |
a) Services | 26,116 | 16,059 | 10,057 |
i) Travel | 2,950 | 2,261 | 689 |
ii) Transportation | 3,097 | 3,134 | -37 |
iii) Insurance | 404 | 310 | 94 |
iv) G.n.i.e. | 94 | 143 | -49 |
v) Miscellaneous | 19,571 | 10,211 | 9,360 |
of which | |||
Software Services | 12,655 | 575 | 12,080 |
Business Services | 4,819 | 5,902 | -1,083 |
Financial Services | 1,228 | 1,404 | -176 |
Communication Services | 325 | 241 | 84 |
b) Transfers | 13,754 | 700 | 13,054 |
i) Official | 59 | 115 | -56 |
ii) Private | 13,695 | 585 | 13,110 |
c) Income | 2,855 | 5,504 | -2,649 |
i) Investment Income | 2,628 | 5,042 | -2,414 |
ii) Compensation of Employees | 227 | 462 | -235 |
Total Current Account (I+II) | 96,451 | 110,183 | -13,732 |
B. CAPITAL ACCOUNT | |||
1. Foreign Investment (a+b) | 52,635 | 44,880 | 7,755 |
a) Foreign Direct Investment (i+ii) | 8,569 | 5,419 | 3,150 |
i. In India | 8,275 | 2,302 | 5,973 |
Equity | 5,991 | 2,278 | 3,713 |
Reinvested Earnings | 2,166 | 0 | 2,166 |
Other Capital | 118 | 24 | 94 |
ii. Abroad | 294 | 3,117 | -2,823 |
Equity | 294 | 1,914 | -1,620 |
Reinvested Earnings | 0 | 271 | -271 |
Other Capital | 0 | 932 | -932 |
b) Portfolio Investment | 44,066 | 39,461 | 4,605 |
In India | 43,972 | 39,320 | 4,652 |
of which FIIs | 42,858 | 39,320 | 3,538 |
ADRs/GDRs | 1,114 | - | 1,114 |
Abroad | 94 | 141 | -47 |
2.Loans (a+b+c) | 24,696 | 14,110 | 10,586 |
a) External Assistance | 3,090 | 754 | 2,336 |
i) By India | 14 | 20 | -6 |
ii) To India | 3,076 | 734 | 2,342 |
b) Commercial Borrowings (MT<) | 4,521 | 1,850 | 2,671 |
i) By India | 185 | 243 | -58 |
ii) To India | 4,336 | 1,607 | 2,729 |
c) Short Term to India | 17,085 | 11,506 | 5,579 |
i) Suppliers' Credit >180days & Buyers' Credit | 15,579 | 11,506 | 4,073 |
ii) Suppliers' Credit up to180 days | 1,506 | - | 1,506 |
3. Banking Capital (a+b) | 16,747 | 12,742 | 4,005 |
a) Commercial Banks | 16,745 | 12,718 | 4,027 |
i) Assets | 3,263 | 2,558 | 705 |
ii) Liabilities | 13,482 | 10,160 | 3,322 |
of which : Non-Resident Deposits | 11,254 | 10,133 | 1,121 |
b) Others | 2 | 24 | -22 |
4. Rupee Debt Service | - | 16 | -16 |
5. Other Capital | 1,206 | 5,151 | -3,945 |
Total Capital Account (1 to 5) | 95,284 | 76,899 | 18,385 |
C. Errors & Omissions | - | 912 | -912 |
D. Overall Balance | 191,735 | 187,994 | 3,741 |
(Total Current Account, Capital Account | |||
and Errors & Omissions (A+B+C)) | |||
E. Monetary Movements (i+ii) | - | 3,741 | -3,741 |
i) I.M.F. | - | - | - |
ii) Foreign Exchange Reserves | - | 3,741 | -3,741 |
( Increase - / Decrease +) | |||
of which: SDR allocation | - | - | - |
P : Preliminary. PR: Partially Revised. |
Source: RBI