Appendix Table 2 : India's Overall Balance of Payments: Annual (US $ million)
Item 2006-07(P) 2005-06(PR) 2004-05(R) 2003-04(R) 2002-03
Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net Credit Debt Net
(1) (2) (3) (4) 5 6 7 8 9 10 11 12 13 (14) (15) (16)
     1. Merchandise 127090 191995 -64905 105152 156993 -51841 85206 118908 -33702 66285 80003 -13718 53774 64464 -10690
     2. Invisibles 119163 63867 55296 92294 49639 42655 69533 38301 31232 53508 25707 27801 41925 24890 17035
         a. Services 81330 48603 32727 61404 37523 23881 43249 27823 15426 26868 16724 10144 20763 17120 3643
         a1. Travel 9423 7235 2188 7853 6464 1389 6666 5249 1417 5037 3602 1435 3312 3341 -29
         a2. Transportation 8069 8857 -788 6291 7841 -1550 4683 4539 144 3207 2328 879 2536 3272 -736
         a3. Insurance 1200 641 559 1050 1028 22 870 722 148 419 363 56 369 350 19
         a4. G.n.i.e. 273 417 -144 309 506 -197 401 411 -10 240 212 28 293 228 65
         a5. Miscellaneous 62365 31453 30912 45901 21684 24217 30629 16902 13727 17965 10219 7746 14253 9929 4324
 of which : Software Services 31300 2502 28798 23600 1338 22262 17700 800 16900 12800 476 12324 9600 737 8863
                Business Services 23459 20200 3259 12858 10496 2362
                Financial Services 3213 1832 1381 1704 1308 396
                Communication Services 2068 719 1349 2182 808 1374
         b. Transfers 28861 1446 27415 25228 944 24284 21691 906 20785 22736 574 22162 17640 802 16838
         b1. Official 638 418 220 668 486 182 616 356 260 554 0 554 451 0 451
         b2. Private 28223 1028 27195 24560 458 24102 21075 550 20525 22182 574 21608 17189 802 16387
         c. Income 8972 13818 -4846 5662 11172 -5510 4593 9572 -4979 3904 8409 -4505 3522 6968 -3446
         c1. Investment income 8574 12856 -4282 5486 10407 -4921 4124 8219 -4095 3774 7531 -3757 3405 6949 -3544
         c2. Compensation to employees 398 962 -564 176 765 -589 469 1353 -884 130 878 -748 117 19 98
Total Current Account (1+2) 246253 255862 -9609 197446 206632 -9186 154739 157209 -2470 119793 105710 14083 95699 89354 6345
B. Capital Account
     1. Foreign Investment (a+b) 130035 114536 15499 76061 58837 17224 46934 33934 13000 32682 18938 13744 14001 9840 4161
         a. In India 129063 102617 26446 75842 55687 20155 46899 31601 15298 32540 16862 15678 13928 7913 6015
         a1. Direct 19531 89 19442 7722 61 7661 6052 65 5987 4322 0 4322 5095 59 5036
         a2. Portfolio 109532 102528 7004 68120 55626 12494 40847 31536 9311 28218 16862 11356 8833 7854 979
         b. Abroad 972 11919 -10947 219 3150 -2931 35 2333 -2298 142 2076 -1934 73 1927 -1854
     2. Loans (a+b+c) 50469 29340 21129 37529 31416 6113 30287 19378 10909 19667 24031 -4364 11568 15418 -3850
         a. External Assistance 3728 1958 1770 3627 1945 1682 3809 1886 1923 3350 6208 -2858 2878 6006 -3128
         a1. By India 16 36 -20 20 104 -84 24 128 -104 24 128 -104 0 32 -32
         a2. To India 3712 1922 1790 3607 1841 1766 3785 1758 2027 3326 6080 -2754 2878 5974 -3096
         b. Commercial Borrowings (MT and LT) 21291 5207 16084 14547 11824 2723 9084 3890 5194 5228 8153 -2925 3514 5206 -1692
         b1. By India 652 971 -319 0 240 -240 0 232 -232 3 0 3 9 0 9
         b2. To India 20639 4236 16403 14547 11584 2963 9084 3658 5426 5225 8153 -2928 3505 5206 -1701
         c. Short term (to India) 25450 22175 3275 19355 17647 1708 17394 13602 3792 11089 9670 1419 5176 4206 970
     3. Banking Capital (a+b) 36768 34681 2087 21658 20285 1373 14581 10707 3874 19222 13189 6033 18958 8533 10425
         a. Commercial Banks 36358 34603 1755 20586 20144 442 14304 10325 3979 18887 12386 6501 18422 8287 10135
         a1. Assets 14466 17361 -2895 772 3947 -3175 505 552 -47 950 161 789 6089 976 5113
         a2. Liabilities 21892 17242 4650 19814 16197 3617 13799 9773 4026 17937 12225 5712 12333 7311 5022
of which: Non-resident deposits 19473 15578 3895 17835 15046 2789 8071 9035 -964 14281 10639 3642 10214 7236 2978
         b. Others 410 78 332 1072 141 931 277 382 -105 335 803 -468 536 246 290
     4. Rupee Debt Service 0 162 -162 0 572 -572 0 417 -417 0 376 -376 0 474 -474
     5. Other Capital 10129 3738 6391 6505 7243 -738 6737 6081 656 4314 2615 1699 1841 1263 578
Total Capital Account (1 to 5) 227401 182457 44944 141753 118353 23400 98539 70517 28022 75885 59149 16736 46368 35528 10840
C. Errors and Omissions 1271 0 1271 838 0 838 607 0 607 602 0 602 0 200 -200
D. Overall Balance (A+B+C) 474925 438319 36606 340037 324985 15052 253885 227726 26159 196280 164859 31421 142067 125082 16985
E. Monetary Movements (1+2) 0 36606 -36606 0 15052 -15052 0 26159 -26159 0 31421 -31421 0 16985 -16985
     1. I.M.F 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0
     2. Foreign Exchange Reserves 0 36606 -36606 0 15052 -15052 0 26159 -26159 0 31421 -31421 0 16985 -16985
         Increase (-ve)/Decrease (+ve)                              
PR: Partially Revised    P : Preliminary   R: Revised
Source:  RBI ( 2007) : RBI Monthly Bulletin, September and Previous Issues.