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Table 101 : Centre’s Gross Fiscal Deficit and It's Financing

(Rupees  crore)


Year

GFD

GFD

Gross

Financing of GFD

Receipts  +

Expen-

Fiscal

External

Internal Finance

diture$

Deficit

Finance

Market

Other

Budget

Total

(3-2)

Borro-

Liabili-

Deficit  #

 (6+7+8)

wings

ties  @


1

2

3

4

5

6

7

8

9


1980-81

12373

20672

8299

1281

2679

1862

2477

7018

1981-82

15016

23682

8666

964

2913

3389

1400

7702

1982-83

17434

28061

10627

1258

3771

3942

1656

*

9369

1983-84

19711

32741

13030

1338

4038

6237

1417

*

11692

1984-85

23466

40882

17416

1452

4095

8124

3745

15964

1985-86

28035

49893

21858

1449

4884

10209

5316

*

20409

1986-87

33083

59425

26342

2024

5532

10525

8261

24318

1987-88

37037

64081

27044

2893

5862

12473

5816

24151

1988-89

43591

74514

30923

2460

8418

14403

5642

28463

1989-90

52296

87928

35632

2595

7404

15041

10592

33037

1990-91

54954

99586

44632

3181

8001

22103

11347

41451

1991-92

69069

105394

36325

5421

7510

16539

6855

30904

1992-93

76089

116262

40173

5319

3676

18866

12312

34854

1993-94

75405

135662

60257

5074

28928

15295

10960

55183

1994-95

96161

153864

57703

3582

20326

32834

961

54121

1995-96

110492

170735

60243

318

33087

17031

9807

59925

1996-97

126659

193392

66733

2987

20012

30550

13184

63746

1997-98

134798

223735

88937

1091

32499

56257

-910

87846

1998-99

155359

268707

113348

1920

68988

42650

-209

111429

1999-00

183206

287923

104717

1180

70277

32396

864

103537

2000-01

194749

313565

118816

7505

72931

37183

-1197

111311

2001-02 

205095

346050

140955

5601

87724

49126

-1496

135354

2002-03  RE

240296

385762

145466

-13496

112865

40799

5298

158962

2003-04BE

267135

420772

153637

3582

107194

42861

-

150055


RE  :   Revised Estimates

BE  :  Budget Estimates

       

+ : Include Revenue Receipts and non-debt capital receipts ( disinvestments ) .
$ :  Include revenue expenditure, capital outlay, and loans and advances net of recovery .
* :   Excluding medium term loans of Rs.1,743 crore in 1982-83, Rs.400 crore in 1983-84 and Rs. 1628 crore in 1985-86 given to States to clear their overdrafts with the RBI .
@ : Other Liabilities comprise small savings, provident funds, special deposits ,reserve funds , etc .
# :  Variation in 91-day Treasury bills issued net of changes in cash balances with RBI upto March 31,  1997. From  April 1, 1997 these figures represent draw down of cash balances.
Note      :  For year 1994-95 to 1996-97 GFD receipts include values of  Bonus Shares also.
Source :  Budget Documents of the Government of India.

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