Table 93 : Centre's Gross Fiscal Deficit and its Financing
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(Rupees crore) |
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Year |
GFD |
GFD |
Gross |
Financing of GFD |
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Receipts++ |
Expenditure & |
Fiscal |
External |
Internal Finance |
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Deficit |
Finance |
Market |
Other |
Budget |
Total |
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(3-2) |
Borro- |
Liabili- |
Deficit $ |
(6+7+8) |
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|
wings |
ties @ |
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|
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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