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.