Page 381 - DECO503_INTERNATIONAL_TRADE_AND_FINANCE_ENGLISH

Unit 32 : India’s Balance of Payment

Table 1: India’s Balance of Payments on Current Account (1950-51 to 2010-11) Notes
(` (` crores)
(`
(`
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Year Trade Net Balance of 3 as %
Deficit Invisibles Payments of 2
(1) (2) (3) (4) (5)
First Plan —542 + 500 —42 92.2
Second Plan —2,339 + 614 —1,725 26.5
Third Plan —2,382 + 431 —1,951 81.1
Annual Plans —2,067 + 52 —2,015 2.5
Fourth Plan —1,564 + 1,664 + 100 106.4
Fifth Plan —3,179 + 6,221 + 3,082 195.7
1979—80 —3,374 + 3,140 —234 93.1
Sixth Plan
Total (1980—85) —30,456 + 19,072 —11,384 62.6
Seventh Plan
Total (1985—90) —54,204 + 13,157 —41,047 24.3
1990—91 —16,934 —433 —17,367 —2.6
1991—92 —6,494 + 4,259 —2,235 —65.6
Eighth Plan
1992—93 —17,239 + 4,475 —12,764 26.0
1993—94 —12,723 + 9,089 —3,634 71.4
1994—95 —28,420 + 17,835 —10,585 62.8
1995—96 —38,061 + 18,415 —19,646 48.5
1996—97 —52,561 + 36,279 —16,283 69.9
Total 1992—97 149,004 + 86,090 —62,914 57.7
Ninth Plan
1997—98 —57,805 + 36,922 —20,883 63.9
1998—99 —55,478 + 38,689 —16,789 69.7
1999—2000 —77,359 + 57,028 —20,331 73.7
2000—01 —56,737 + 45,139 —11,598 79.5
2001—02 —54,955 + 71,381 + 16,426 129.9
Total 1997—02 302,334 + 249,159 —53,175 82.4
2002—03 —51,697 + 82,357 + 30,660 159.3
2003—04 —63,386 + 127,369 + 63,983 220.9
2004—05 —151,765 + 139,591 —12,174 92.0
2005—06 —229,664 + 185,927 —43,737 80.9
2006—07 —279962 + 235579 —44383 87.1
Total 2002—07 — 776474 + 770823 —5651 99.3
2007—08 —3,67,664 + 3,04,185 —63,479 82.7
2008—09 —5,47,452 + 4,19,821 —1,27,631 76.7
2009—10 —5,60,746 + 3,80,120 —1,80,626 67.8
2010—11 —595028 + 392494 —202532 66.0

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