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India, New Delhi, RBI: The Reserve Bank of India today released the March 2018 issue of its monthly Bulletin. It includes two Articles and Current Statistics. The articles are on ‘Survey on Computer Software and Information Technology Enabled Services Exports: 2016-17’, and ‘Quarterly Estimates of Households’ Financial Assets and Liabilities’.
The article provides information on export of computer software and information technology enabled services (ITES) as per nature of activity, type of services (on-site/off-site), export destinations and modes of supply (cross-border supply, consumption abroad, commercial presence and presence of natural person). The 2016-17 round of the survey covered 1,362 companies, including most of the large companies, which together accounted for over 80 per cent of the total estimated software exports during the year.
Major highlights of the article are as follows:
The data relating to the results of Survey on Computer Software & Information Technology Enabled Services Exports: 2016-17 were earlier released on the RBI’s website on December 8, 2017.
Households play a vital role in an economy as factors of production, as consumers, and as a source of financing for investment through savings. Availability of higher frequency financial information on this sector is, therefore, desirable for a better assessment of macroeconomic conditions. This article presents a mapping of financial assets and liabilities of the household sector on a quarterly basis, following the flow of funds approach for the period Q1:2015–16 to Q2:2017–18.
Major highlights of the article are as follows: