The current scenario in balance of payments is remarkably healthy, as seen in the next table. All the data presented is in million US dollars.
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April-January 1994-95 1995-96
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1994-95 1995-96 (CMIE proj.)
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INFLOWS 27,214 30,755 34,726 39,050
Exports 20,901 25,499 26,763 31,800
Foreign aid (incl. grants) 2,313 2,165 3,067 2,600
Foreign Inv 897 1,566 1,314 2,000
FII 1,191 1,359 1,743 2,000
GDR 1,912 166 1,839 650
OUTFLOWS 25,481 32,485 34,483 41,750
Imports 22,710 29,547 31,269 38,400
Repayment on aid 1,560 1,737 1,817 2,000
Interest on aid 1,211 1,201 1,397 1,350
Imputed net flows * 2,803 -2,762 5,498 -949
Change in reserves 4,536 -4,492 5,741 -3,649
Reserves outstanding 19,604 16,317 20,809 17,160
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* CMIE Estimates
Note : Exports and Imports are on a payment basis.
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These capital inflows have helped generate a strong rupee.
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