(US $ million)

Items

1990-91PR

1995-96PR

1996-97PR

1997-98PR

1998-99

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

Credit

Debit

Net

1

2

3

4

5

6

7

8

9

10

11

12

13

14

15

16

A.

CURRENT ACCOUNT

I.

MERCHANDISE

18477

27915

- 9438

32311

43670

- 11359

34133

48948

- 14815

35680

51187

- 15507

34298

47544

- 13246

II.

INVISIBLES (a+b+c)

7464

7706

- 242

17665

12216

5449

21405

11209

10196

23244

13237

10007

25770

16562

9208

a)

Services

4551

3571

980

7346

7543

- 197

7474

6748

726

9429

8110

1319

13186

11021

2165

i)

Travel

1456

392

1064

2713

1167

1546

2878

858

2020

2914

1437

1477

2993

1743

1250

ii)

Transportation

983

1093

- 110

2011

2169

- 158

1953

2394

- 441

1836

2522

- 686

1925

2680

- 755

iii)

Insurance

111

88

23

179

143

36

217

153

64

240

183

57

224

112

112

iv)

G.n.i.e.

15

173

- 158

13

218

- 205

72

178

- 106

276

160

116

597

325

272

v)

Miscellaneous

1986

1825

161

2430

3846

- 1416

2354

3165

- 811

4163

3808

355

7447

6161

1286

b)

Transfers

2545

15

2530

8890

39

8851

12858

81

12777

12254

45

12209

10649

62

10587

vi)

Official

462

1

461

351

6

345

423

13

410

379

-

379

308

1

307

vii)

Private

2083

14

2069

8539

33

8506

12435

68

12367

11875

45

11830

10341

61

10280

c)

Investment Income

368

4120

- 3752

1429

4634

- 3205

1073

4380

- 3307

1561

5082

- 3521

1935

5479

- 3544

i)

Investment Income

368

4120

- 3752

1429

4634

- 3205

1073

4380

- 3307

1561

5020

- 3459

1893

5462

- 3569

ii)

Compensation to Employees

-

-

-

-

-

-

-

-

-

-

62

- 62

42

17

25

Total Current Account (I+II)

25941

35621

- 9680

49976

55886

- 5910

55538

60157

- 4619

58924

64424

- 5500

60068

64106

- 4038

B.

CAPITAL ACCOUNT

1.

Foreign Investment

113

10

103

5643

1028

4615

7824

1861

5963

9266

3913

5353

5892

3580

2312

(a+b)

a)

In India

113

10

103

5629

824

4805

7816

1663

6153

9169

3779

5390

5743

3331

2412

i.

Direct

107

10

97

2173

29

2144

2863

22

2841

3596

34

3562

2518

38

2480

ii.

Portfolio

6

-

6

3456

795

2661

4953

1641

3312

5573

3745

1828

3225

3293

- 68

b)

Abroad

-

-

-

14

204

- 190

8

198

- 190

97

134

- 37

149

249

- 100

2.

Loans (a+b+c)

9431

3898

5533

11332

9131

2201

17720

12925

4795

17301

12502

4799

14771

10353

4418

a)

External Assistance

3397

1193

2204

2933

2066

867

3056

1955

1101

2885

2000

885

2726

1927

799

i)

By India

-

6

- 6

-

16

- 16

-

8

- 8

-

22

- 22

-

21

- 21

ii)

To India

3397

1187

2210

2933

2050

883

3056

1947

1109

2885

1978

907

2726

1906

820

b)

Commercial Borrowings

4282

2028

2254

4262

2977

1285

7579

4723

2856

7382

3372

4010

7231

2864

4367

(MT & LT)

i)

By India

30

24

6

10

-

10

8

-

8

11

-

11

5

-

5

ii)

To India

4252

2004

2248

4252

2977

1275

7571

4723

2848

7371

3372

3999

7226

2864

4362

c)

Short Term To India

1752

677

1075

4137

4088

49

7085

6247

838

7034

7130

- 96

4814

5562

- 748

3.

Banking Capital (a+b)

10105

9423

682

6453

5691

762

8018

5789

2229

8910

9803

- 893

8197

6717

1480

a)

Commercial Banks

7959

7055

904

6172

5235

937

7632

5407

2225

8164

9424

- 1260

6768

6434

334

i)

Assets

426

789

- 363

867

1251

- 384

755

1625

- 870

580

2775

- 2195

1344

2741

- 1397

ii)

Liabilities

186

455

- 269

376

158

218

102

357

- 255

52

242

- 190

124

135

- 11

iii)

Non-Resident Deposits

7347

5811

1536

4929

3826

1103

6775

3425

3350

7532

6407

1125

5300

3558

1742

b)

Others

2146

2368

- 222

281

456

- 175

386

382

4

746

379

367

1429

283

1146

4.

Rupee Debt Service

-

1193

- 1193

-

952

- 952

-

727

- 727

-

767

- 767

-

802

- 802

5.

Other Capital

3117

1186

1931

748

3285

- 2537

2629

2883

- 254

3815

2463

1352

3958

2801

1157

Total Capital Account

22766

15710

7056

24176

20087

4089

36191

24185

12006

39292

29448

9844

32818

24253

8565

(1 to 5)

C.

Errors & Omissions

132

-

132

600

-

600

-

594

- 594

167

-

167

-

305

- 305

D.

Overall Balance

48839

51331

- 2492

74752

75973

- 1221

91729

84936

6793

98383

93872

4511

92886

88664

4222

(Total Capital Account,

Current Account and

Errors & Omissions (A+B+C)

E.

Monetary Movements

3136

644

2492

2936

1715

1221

-

6793

- 6793

-

4511

- 4511

-

4222

- 4222

(i+ii)

i)

I.M.F.

1858

644

1214

-

1715

- 1715

-

975

- 975

-

618

- 618

-

393

- 393

ii)

Foreign Exchange Reserves

1278

-

1278

2936

-

2936

-

5818

- 5818

-

3893

- 3893

-

3829

- 3829

(Increase - / Decrease +)