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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