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PIB - Estimated Outflow of Funds

Sunday, April 28, 2013 Posted by Unknown No comments
Remittance of dividend and profit amount and interest payment on external borrowings to the residents outside India are computed as current account transactions under Balance of Payments (BoP) statistics periodically prepared by RBI.

As per BoP Statistics, details of profit and dividend paid by FDI enterprises and interest paid by Indian corporate on account of external commercial borrowings, for the financial years 2009-10 to 2012-13 (April-December) are given below:

Outflows of Funds on account of ECB interest and FDI Profit and Dividends
                             
                                                                                                                    (US$ billion)
Financial Year
Profit and dividend
paid by FDI companies
Interest paid on External Commercial Borrowings
2009-10
3.8
2.4
2010-11
4.7
2.6
2011-12
4.9
4.4
2012-13 (April-December)
2.6
3.6
Source: RBI

This was stated by Minister of State for Finance, Shri Namo Narain Meena, in written reply to a question in the Lok Sabha today.

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