TABLE 6.1
                     Balance of Payments: Key Indicators
                                                                          (In US$ million)
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			      1990-91	1991-92	 1992-93      1993-94  1994-95	    1995-96	    

			          (P)	   (P)	     (P)	  (P)  (Q.E.)	    (Q.E.)
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1.	Exports	                18477	 18266	   18869	22683	26857	    32467
2.	Imports	2                7915	 21064	   23237	25069	31840	    41412
	Of which : POL	         6028	  5364	    6100	 5754	 5928	     7547
3.	Trade balance 	        -9438	 -2798	   -4368	-2386	-4983	    -8945
4.	Invisibles (net)	 -242	  1620	     842	 1228	 2349	     3511
	  Non-factor services	  980	  1207	    1129	  535	 -371	       94
	  Investment income	-3752	 -3830	   -3423	-3270	-3952	    -4479
	  Pvt. transfers	 2069	  3783	    2773	 3595	 6200	     7480
	  Official Grants	  461	   460	     363	  368	  472	      416
5.	Current Account Balance	-9680	 -1178	   -3526	-1158	-2634	    -5434
6.	External assistance (net)2210	  3037	    1859	 1901	 1434	      780
7.	Commercial borrowings 
        (net)1	                 2249	  1456	    -358	  607	 1029	      527
8.	IMF (net)	         1214	   786	    1288	  187	-1146	    -1710
9.	NRI deposits (net)	 1536	   290	    2001	 1205	  811	      945
10.	Rupee debt service	-1193	 -1240	    -878	-1053	-1050	     -963
11.	Foreign investment	  102	   139	     555	 4235	 4895	     4143
	of which :
	(i)	FDI	           97	   135	     313	  586	 1314	     1929
	(ii)	FIIs	            0	     0	       0	 1665	 1503	     2009
	(iii)	Euro-equities 
                and others	    5	     4	     242	 1984	 2078	      205
12.	Other flows2	         2284	   286	    -213	 2940	 1620	    -1207
13.	Capital account total 
        (net)	                 8402	  4754	    4254	10022	 7593	     2515
14.	Reserve use (-increase)	 1278	 -3576	    -728	-8864	-4959	     2919

	Memo items:			As per cent of GDP 3
	Exports	                  6.2	   7.3	     7.8	  8.8	  8.8	      9.9
	Imports	                  9.4	   8.3	     9.8	  9.7	 10.5	     12.6
	Trade balance	         -3.2	  -1.1	    -2.0	 -0.9	 -1.6	     -2.7
	Invisibles balance	 -0.1	   0.7	     0.2	  0.5	  0.8	      1.1
	Current account balance	 -3.2	  -0.4	    -1.8	 -0.5	 -0.9	     -1.7
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(P):		Preliminary Actuals;  	Q.E. : Quick estimates
  1	Figures include receipt on account of India Development Bonds in 1991-92 and related 
        repayments, if any, in the subsequent years.
  2	Include delayed exports receipts and errors and omissions. For the year 1992-93, it 
        also includes errors and omissions arising out of dual exchange rates applicable under 
        the Liberalised Exchange Rate Management System (LERMS).
  3	Rupee equivalents of BOP components are used to arrive at GDP ratios.
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