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Table 93 : Centre's Gross Fiscal Deficit and its Financing

 
 
 
 
 
 
 

(Rupees crore)


Year

GFD

GFD

Gross

Financing of GFD


 

Receipts++

Expenditure &

Fiscal

External

Internal Finance


     

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

12,373

20,672

8,299

1,281

2,679

1,862

2,477

7,018

1981-82

15,016

23,682

8,666

964

2,913

3,389

1,400

7,702

1982-83

17,434

28,061

10,627

1,258

3,771

3,942

1,656 *

9,369

1983-84

19,711

32,741

13,030

1,338

4,038

6,237

1,417 *

11,692

1984-85

23,466

40,882

17,416

1,452

4,095

8,124

3,745

15,964

1985-86

28,035

49,893

21,858

1,449

4,884

10,209

5,316 *

20,409

1986-87

33,083

59,425

26,342

2,024

5,532

10,525

8,261

24,318

1987-88

37,037

64,081

27,044

2,893

5,862

12,473

5,816

24,151

1988-89

43,591

74,514

30,923

2,460

8,418

14,403

5,642

28,463

1989-90

52,296

87,928

35,632

2,595

7,404

15,041

10,592

33,037

1990-91

54,954

99,586

44,632

3,181

8,001

22,103

11,347

41,451

1991-92

69,069

1,05,394

36,325

5,421

7,510

16,539

6,855

30,904

1992-93

76,089

1,16,262

40,173

5,319

3,676

18,866

12,312

34,854

1993-94

75,405

1,35,662

60,257

5,074

28,928

15,295

10,960

55,183

1994-95

96,690

1,54,393

57,703

3,582

20,326

32,834

961

54,121

1995-96

1,11,527

1,71,770

60,243

318

33,087

17,031

9,807

59,925

1996-97

1,26,734

1,93,467

66,733

2,987

20,012

30,550

13,184

63,746

1997-98

1,34,813

2,23,750

88,937

1,091

32,499

56,257

-910

87,846

1998-99

1,55,384

2,68,733

1,13,349

1,920

68,988

42,650

-209

1,11,429

1999-00(RE)

1,82,104

2,91,002

1,08,898

906

77,065

27,457

3,470

1,07,992

2000-01(BE)


2,13,673


3,24,948


1,11,275


-44


76,383


34,936


-


1,11,319


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.1,628 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 1997 these figures represent draw down of cash balances.

Source: Budget Documents of the Government of India.

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