Page 386 - DECO503_INTERNATIONAL_TRADE_AND_FINANCE_ENGLISH

International Trade and Finance

Notes
5. External 26.2 29.7 9.7 4.8 13.4 – 29.4 6.8 3.8 1.9 36.5 4.5 8.3
assistance
/TC (%)
6. Import cover
of FER (No.
of months) 2.5 6.0 6.9 8.8 11.5 14.2 11.6 12.5 15.0 9.8 11.2 9.6

Notes :
1. TC : Total Capital flows (net)
2. FER: Foreign exchange reserves
3. FCB : External Commercial Borrowings
4. As total capital outflows are netted after taking into account some capital outflows, the ratio
against items 3, 4 and 5, in some years, add up to more than 100 per cent.
Source : Government of India, Economic Survey (2009-2010), RBI, Handbook of Statistics on the
Indian Economy (2010-11).
Table 3 : Balance of Payments 2001-2002 to 2008-09 : Key Indicators

2001-02 2003-04 2004-05 2005-06 2006-07 2007-08 2008-09 2009-10 2010-11

1. Exports (f.o.b) 44,703 66,285 85,206 105,152 1,28,888 1,66,162 1,89,001 1,82,235 2,50,468
2. Imports (c.i.f) 56,277 80,003 118,908 157,056 1,90,670 2,57,629 3,07,651 3,00,609 3,30,935
3. Trade Balance –11,574 -13,718 -33,718 -51,904 -61,782 -91.467 -1,18,650 -1,18,374 –130467
4. Invisibles (net) 14,974 27,801 31,232 42,002 52,217 75,731 89,923 79,991 86,186
a. Services 3,324 10,144 15,426 23,170 29,469 38,853 49,631 35726 47,664
b. Income -4,206 -4,505 -4,979 -5,855 -7331 -5,068 -4,507 -8040 –14863
c. Private 15,398 21,608 20,525 24,687 30,079 41,995 44,798 52305 53,368
transfers
5. Current 3,400 14,083 -2,470 -9,902 -9,565 -15,757 -28,728 -38383 –44,281
Account Balance
6. Capital Account 8,551 16,736 28,022 25,470 45,203 1,06,585 67,685 53,397 59,747
A. Foreign 6,686 13,744 13,000 15,528 14,753 43,326 3,467 51167 37,434
Investment
B. External 1,204 -2,754 2,027 1,766 1,787 2,119 2,639 2893 4,941
assistance, net
C. Commercial
borrowings,
Net -1,588 -2,928 5,426 2,759 16,443 22,640 6,648 3,339 11,599
D. Rupee debt
service -519 -376 -417 -572 -162 -122 -100 -97 –69
E. NRI deposits,
net 2,654 3,642 -964 2,789 4,321 178 4,289 +3792 3239
F. Other
Capital -1,640 4,076 7,259 -3,183 -5,961 10,969 -3,990 -13016 –10440

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