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Table 1 : Major Deficit Indicators of State Governments


(Rs. crore)

Year

Gross Fiscal Deficit

Net Fiscal Deficit

Revenue Deficit

Conventional Deficit

Primary Deficit

Net RBI Credit to States

1

2

3

4

5

6

7

1990-91

18,787

14,532

5,309

-72

10,132

420

 

(3.3)

(2.6)

(0.9)

(0.0)

(1.8)

(0.1)

1991-92

18,900

15,746

5,651

156

7,956

-340

 

(2.9)

(2.4)

(0.9)

(0.0)

(1.2)

(-0.1)

1992-93

20,891

15,769

5,114

-1,829

7,681

176

 

(2.8)

(2.1)

(0.7)

(-0.2)

(1.0)

(0.0)

1993-94

20,596

16,263

3,813

462

4,795

591

 

(2.4)

(1.9)

(0.4)

(0.1)

(0.6)

(0.1)

1994-95

27,697

23,507

6,156

-4,468

8,284

48

 

(2.7)

(2.3)

(0.6)

(-0.4)

(0.8)

(0.0)

1995-96

31,426

26,695

8,201

-2,849

9,494

16

 

(2.6)

(2.2)

(0.7)

(-0.2)

(0.8)

(0.0)

1996-97

37,251

33,460

16,114

7,041

11,675

898

 

(2.7)

(2.4)

(1.2)

(0.5)

(0.9)

(0.1)

1997-98

44,200

39,135

16,333

-2,103

14,087

1,543

 

(2.9)

(2.6)

(1.1)

(-0.1)

(0.9)

(0.1)

1998-99

74,254

66,209

43,642

3,520

38,381

5,579

 

(4.2)

(3.8)

(2.5)

(0.2)

(2.2)

(0.3)

1999-00

91,480

79,309

53,797

3,113

46,309

1,312

 

(4.7)

(4.0)

(2.7)

(0.2)

(2.4)

(0.1)

2000-01

89,532

84,698

53,569

-2,346

37,830

-1092

 

(4.2)

(4.0)

(2.5)

(-0.1)

(1.8)

(-0.1)

2001-02

95,994

91,457

59,188

3,426

33,488

3,451

 

(4.2)

(4.0)

(2.6)

(0.2)

(1.5)

(0.2)

2002-03

1,02,123

91,680

55,111

-4,611

31,981

-3100

 

(4.2)

(3.7)

(2.2)

(-0.2)

(1.3)

(-0.1)

2003-04

1,23,070

1,13,571

61,145

1,074

41,306

293

 

(4.5)

(4.1)

(2.2)

(0.0)

(1.5)

(0.0)

2004-05

1,09,257

97,981

36,423

-10,459

21,268

-2,705

 

(3.5)

(3.1)

(1.2)

(-0.3)

(0.7)

(-0.1)

2005-06 (BE)

1,10,550

1,01,961

24,913

-1,201

17,252

 

(3.2)

(2.9)

(0.7)

(0.0)

(0.5)

 

2005-06 (RE)

1,13,888

1,02,528

17,178

-5,625

24,894

-2,306

 

(3.2)

(2.9)

(0.5)

(-0.2)

(0.7)

(-0.1)

2006-07 (BE)

1,09,610

1,00,017

4,511

-3,986

10,185

 

(2.8)

(2.5)

(0.1)

(-0.1)

(0.3)

 

RE: Revised Estimates E: Budget Estimates -) Indicates surplus for deficit indicators
–’ : Not Available
Notes :
1. verall surplus or deficit referred to here as conventional deficit represents the difference between aggregate disbursements and aggregate eceipts. Aggregate receipts include (i) Revenue receipts (ii) capital receipts excluding Ways and Means Advance and Overdrafts from Reserve ank of India and (iii) Net receipts under Public Account excluding withdrawals from Cash Balance Investment Account and Cash Balances.
Aggregate disbursement include (i) revenue expenditure and (ii) capital disbursements excluding repayments of ways and means advance and  verdrafts from Reserve Bank of India; addition to Cash Balance Investment Account and Cash Balances are excluded.
2. evenue deficit is the difference between revenue expenditure and revenue receipts.
3. FD is the difference between aggregate disbursements net of debt repayments and recovery of loans and revenue receipts and non-debt apital receipts.
4. et Fiscal Deficit is the difference between Gross Fiscal Deficit and Net Lending.
5. rimary deficit is GFD less of interest payments.
6. igures in brackets are percentages to GDP at current market prices.
7. he figures for 2005-06 (BE) will differ from that of the published figures of the last year as figures in respect of Bihar for 2005-06 (BE) have een revised based on Budget 2006-07. Figures in respect of Bihar for 2005-2006 (BE) were based on vote-on-accounts n last year’s Study.
8. ll figures are rounded-off.
Source :
Budget Documents of State Governments and the Reserve Bank records.

 

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