| TABLE 1.10 | ||||||||||
| Balance of Payments : Summary@ | ||||||||||
| (Quarterly) | ||||||||||
| (in US $ million) | ||||||||||
| 2000-2001 | 2001-2002 | |||||||||
| Apr-Jun | Jul-Sep | Oct-Dec | Jan-Mar | Apr-Jun | Jul-Sep | |||||
| 1 | Exports | 10,397 | 11,345 | 11,179 | 11,973 | 10,734 | 10,824 | |||
| 2 | Imports | 14,990 | 15,186 | 14,790 | 14,298 | 14,466 | 13,346 | |||
| of which : POL | 3,935 | 4,366 | 4,149 | 3,203 | 3,897 | 3,733 | ||||
| 3 | Trade balance | -4,593 | -3,841 | -3,611 | -2,325 | -3,732 | -2,522 | |||
| 4 | Invisibles (net) | 2,623 | 2,946 | 3,290 | 2,932 | 3,400 | 1,916 | |||
| Non-factor services | 384 | 461 | 942 | 691 | 348 | 176 | ||||
| Investment income | -1,183 | -884 | -868 | -886 | -691 | -563 | ||||
| Pvt. transfers | 3,362 | 3,307 | 3,121 | 3,008 | 3,704 | 2,231 | ||||
| Official Grants | 60 | 62 | 95 | 119 | 39 | 72 | ||||
| 5 | Current Account Balance | -1,970 | -895 | -321 | 607 | -332 | -606 | |||
| 6 | External assistance (net) | -343 | -34 | 299 | 505 | 28 | 199 | |||
| 7 | Commercial borrowing (net)# | -411 | -191 | 5,144 | -531 | -474 | -229 | |||
| 8 | IMF (net) | -26 | 0 | 0 | 0 | 0 | 0 | |||
| 9 | Non-resident deposits (net) | 752 | 525 | 469 | 639 | 520 | 587 | |||
| 10 | Rupee debt service | -460 | -1 | 0 | -156 | -388 | -1 | |||
| 11 | Foreign investment (net) | 1,383 | 889 | 220 | 2,097 | 1,390 | 1,218 | |||
| of which : | ||||||||||
| (i) | FDI (net) | 594 | 488 | 258 | 488 | 440 | 958 | |||
| (ii) | FIIs | 344 | 116 | -79 | 1,466 | 632 | 62 | |||
| (iii) | Euro equities & others | 445 | 285 | 41 | 143 | 318 | 198 | |||
| 12 | Other flows (net) | 28 | 0 | -1,642 | -40 | 718 | 0 | |||
| 13 | Capital account total (net) | 923 | 482 | 4,490 | 2,514 | 1,794 | 1,089 | |||
| 14 | Reserve use ( increase) | 1,047 | 413 | -4,169 | -3,121 | -1,462 | -483 | |||
| Memo items : | ||||||||||
| Growth of Exports BOP (%)* | 27.6 | 17.4 | 9.9 | 16.2 | 3.2 | -4.6 | ||||
| Growth of Imports BOP (%)* | 21.8 | 16.3 | 5.8 | -10.9 | -3.5 | -12.1 | ||||
| of which, POL (%)* | 94.2 | 79.5 | 64.3 | -8.4 | -1 | -14.5 | ||||
| @ | Actuals. | |||||||||
| # | Figures include receipts on account of India Millennium Deposits in | |||||||||
| October-December 2000 and related repayments. | ||||||||||
| * | Growth rate of exports, imports and POL relate to growth rates over corresponding | |||||||||
| period of previous year. | ||||||||||
| Source: | Reserve Bank of India, Mumbai. | |||||||||