Page 495 - ES 2020-21_Volume-1-2 [28-01-21]

122 Economic Survey 2020-21 Volume 2

Annexure
Annex I: Balance of Payments

(US$ billion)
2018-19 2019-20 2020-21(P)
Q1 Q2 Q3 Q4 Q1 Q2 Q3 Q4 Q1 Q2
Merchandise Exports
1 82.1 81.4 80.6 86.0 80.9 78.3 79.1 75.1 51.4 74.2
(Custom basis) (1a+1b)
1a POL exports 11.8 11.8 13.0 9.9 11.1 10.1 10.9 9.1 4.9 7.3
1b Non-POL exports 70.2 69.6 67.6 76.1 69.8 68.1 68.2 65.9 46.5 66.9
Merchandise Imports
2 128.7 132.9 130.7 121.8 130.1 118.0 116.1 110.5 61.3 90.6
(Custom basis) (2a+2b)
2a POL imports 34.8 35.3 38.4 32.4 35.4 29.8 31.5 33.8 13.2 18.8
2b Non-POL imports (2b(i)+2b(ii)) 93.9 97.7 92.3 89.3 94.7 88.1 84.6 76.7 48.1 71.8
2b(i) Gold & Silver imports 9.7 9.8 8.3 8.8 12.5 5.3 7.5 5.6 1.3 6.2
Non-POL, Non-Gold & Silver
2b(ii) 84.2 87.9 84.0 80.5 82.2 82.8 77.0 71.1 46.8 65.5
imports
Merchandise Trade Balance
3 -46.6 -51.5 -50.1 -35.8 -49.2 -39.7 -37.0 -35.4 -9.8 -16.4
(Custom basis) (1-2)
Merchandise Trade Balance
4 -45.8 -50.0 -49.3 -35.2 -46.2 -38.1 -34.6 -35.0 -10.8 -14.8
(BoP basis)
5 Invisibles (net) (6+7+8) 29.9 31.0 31.5 30.6 31.8 31.8 33.2 35.6 30.0 30.3
6 Services (net) 18.7 20.3 21.7 21.3 20.0 20.4 21.9 22.0 20.5 21.2
7 Transfers (net) 17.0 19.3 17.4 16.2 18.0 20.0 18.7 18.4 17.0 18.4
8 Income (net) -5.8 -8.6 -7.6 -6.9 -6.1 -8.6 -7.4 -4.8 -7.5 -9.3
9 Current Account (net) (4+5) -15.8 -19.1 -17.8 -4.6 -14.3 -6.3 -1.4 0.6 19.2 15.5
Foreign Investment (net)
10 1.4 7.6 5.2 15.9 18.7 9.9 17.8 -1.8 -0.2 31.6
(11+12)
11 Foreign Direct Investment (net) 9.6 7.4 7.3 6.4 13.9 7.4 10.0 12.0 -0.8 24.6
12 FPI (net) -8.1 0.2 -2.1 9.4 4.8 2.5 8.1 -13.7 0.6 7.0
13 External Assistance (net) 0.5 0.0 1.7 1.3 1.5 0.4 1.3 0.6 4.1 1.9
Commercial Borrowings (MT
14 -1.3 2.2 2.0 7.5 6.4 3.4 3.2 10.3 -1.4 -4.3
& LT) (net)
15 Banking Capital (net) 10.1 0.5 4.9 -8.1 -3.9 -1.8 -2.3 -4.6 2.2 -11.2
16 Rupee Debt Service (net) 0.0 0.0 0.0 0.0 -0.1 0.0 0.0 0.0 -0.1 0.0
17 Short term credits (net) -3.5 4.8 -0.7 1.5 2.0 -0.6 -1.4 -1.0 -0.2 -1.8
18 Other Capital (net) -2.4 1.5 0.7 1.2 3.2 0.8 3.7 13.8 -3.5 -0.7
Capital Account (net)
19 4.8 16.6 13.8 19.2 27.9 12.1 22.4 17.4 1.0 15.4
(10+13+14+15+16+17+18)
20 Errors and Omissions (net) -0.3 0.6 -0.3 -0.4 0.4 -0.7 0.7 0.9 -0.4 0.6
21 Overall Balance (net)(9+19+20) -11.3 -1.9 -4.3 14.2 14.0 5.1 21.6 18.8 19.8 31.6

Foreign Exchange Reserves
22 11.3 1.9 4.3 -14.2 -14.0 -5.1 -21.6 -18.8 -19.8 -31.6
(Increase - / Decrease +) (net)
Source: RBI and DGCI&S
Note: P: Provisional.