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Table 102 : Key deficit indicators of the Central Government

(Rupees crore)

Year

 Gross fiscal deficit

 Net fiscal deficit

 Gross primary deficit

 Net primary deficit

 Revenue deficit

 Primary revenue deficit

 Financing of GFD - Draw down of cash balances

 Net RBI credit

1

2

3

4

5

6

7

8

9

1970-71  

1408

780

803

749

-163

-769

285

223

1971-72  

1727

1217

1057

1146

100

-570

519

583

1972-73  

2179

990

1403

927

15

-761

870

1211

1973-74  

1733

772

851

626

-237

-1119

328

630

1974-75  

2302

865

1301

640

-765

-1766

720

528

1975-76  

3029

1364

1802

1070

-886

-2114

367

-288

1976-77  

3802

1572

2314

1189

-298

-1786

131

816

1977-78  

3680

1813

2034

1608

-430

-2076

932

-260

1978-79  

5710

2126

3726

1569

-292

-2276

1506

2191

1979-80  

6392

3133

4100

2201

694

-1598

2433

2650

1980-81  

8299

5110

5695

4301

2037

-567

2477

3551

1981-82  

8666

4591

5471

3611

392

-2803

1400

3207

1982-83  

10627

5973

6689

4887

1308

-2630

1656

3368

1983-84  

13030

7770

8235

5643

2540

-2255

1417

3949

1984-85  

17416

10972

11442

8961

4225

-1749

3745

6055

1985-86  

21858

13544

14346

10627

5889

-1623

5316

6190

1986-87  

26342

17036

17096

13143

7777

-1469

8261

7091

1987-88  

27044

18431

15793

12935

9137

-2114

5816

6559

1988-89  

30923

20770

16645

13473

10515

-3763

5642

6503

1989-90  

35632

23722

17875

14439

11914

-5843

10592

13813

1990-91  

44632

30692

23134

17924

18562

-2936

11347

14746

1991-92  

36325

24622

9729

8961

16261

-10335

6855

5508

1992-93  

40173

30232

9098

11644

18574

-12501

12312

4257

1993-94  

60257

45994

23516

24331

32716

-4025

10960

260

1994-95  

57703

40313

13644

12050

31029

-13031

961

2130

1995-96  

60243

42432

10198

10806

29731

-20314

9807

19855

1996-97  

66733

46394

7255

9022

32654

-26824

13184

1934

1997-98  

88937

63062

23300

22748

46449

-19188

-910

12914

1998-99  

113349

79944

35466

32138

66976

-10906

-209

11800

1999-00  

104716

89910

14467

33556

67596

-22653

864

-5588

2000-01  

118816

107854

19502

41351

85234

-14080

-1197

6705

2001-02  

140955

123074

33495

51152

100162

-7298

-1496

-5150

2002-03  

145072

133829

27268

53647

107879

-9925

1883

-28399

2003-04  

123273

115558

-815

30008

98261

-25827

-3942

-76065

2004-05  

125794

126252

-1140

31705

78338

-48596

-8130

-60177

2005-06  

146435

145743

13805

35145

92299

-40331

-20888

28417

2006-07  

142573

151245

-7699

23497

80222

-70050

4518

-3024

2007-08  

126912

120714

-44118

-29256

52569

-118461

26594

-116772

2008-09  

326515

322011

133821

148353

241273

48579

-60367

176397

2009-10  

400996

392882

175485

186545

282735

57224

-

-

Note : 1. Data for 2008-09 is Revised Estimates and Data for 2009-10 is Budget Estimates.
2. Primary revenue deficit is Revenue deficit net of interest payments.
3. Drawdown of cash balances represents conventional budget deficit prior to 1997-98. With discontinuation of
the ad hoc treasury bills and 91-day tap treasury bills, the concept of conventional budget deficit has lost its relevance since April 1,1997.
4. Net RBI Credit represents Variation over end-March, as per RBI records, after closure of Government accounts.
5. Negative (-) sign indicates surplus.
6. Since 1999-00, gross fiscal deficit excludes States’ share in small savings as per the new system of accounting.
Also see Notes on Tables.
Source : Budget documents of the Government of India.

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