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Table 113 : States’ Gross Fiscal Deficit and Its Financing

  (Rupees crore)
Year   Receipts @ Expenditure # Gross fiscal deficit (3-2) Financing of Gross Fiscal Deficit
Loans from the Central Government (net) Market borrowings (net) Special securities 
issued to NSSF
State provident funds, small savings, others ##
1   2 3 4 5 6 7 8
1980-81   16294 20007 3713 1567 198 - 1948
1981-82   18455 22517 4062 2000 339 - 1723
1982-83   21125 26111 4986 2735 393 - 1858
1983-84   24014 30373 6359 3031 563 - 2765
1984-85   27425 35624 8199 3580 693 - 3926
1985-86   33424 40945 7521 5757 1010 - 754
1986-87   38226 47495 9269 4786 1147 - 3336
1987-88   44001 55220 11219 5832 1523 - 3864
1988-89   50421 62093 11672 5818 1973 - 3881
1989-90   56535 71968 15433 7917 2298 - 5218
1990-91   66467 85254 18787 9978 2556 - 6253
1991-92   80535 99435 18900 9373 3305 - 6222
1992-93   91090 111982 20892 8921 3500 - 8471
1993-94   105564 126160 20596 9533 3620 - 7443
1994-95   122284 149981 27697 14760 4075 - 8862
1995-96   136803 168229 31426 14801 5888 - 10737
1996-97    153030 190281 37251 17547 6515 - 13189
1997-98    170301 214501 44200 23676 7280 - 13244
1998-99    176448 250702 74254 31057 10467 - 32730
1999-00   207201 298681 91480 12408 12664 26416 39993
2000-01   237953 327485 89532 8396 12519 32606 36011
2001-02   255675 351669 95994 10974 17250 35648 32122
2002-03   277390 379448 102058 -1805 28461 50705 24697
2003-04 RE 327301 467708 140407 -21238 45074 58407 58164
2004-05 BE 367428 479679 112251 -7341 25805 60060 33727
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 recoveries.   
## Include loans from financial institutions, reserve funds, deposits and advances, etc.  
Note : 1.With the change in the system of accounting with effect from 1999-00, States' share in small savings,
which was included earlier under loans from the Centre is shown separately as special securities issued to National Small Saving Fund (NSSF).  
2. Data for 2002-03, 2003-04 (RE) and 2004-05 (BE) relate to the Budgets of 27 State Governments, of which 6 are
Vote on Account. Data for these years are provisional.
Also see Notes on Tables.        
Source : Budget documents of the State Governments.        
                 

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