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Table 107 : Centre’s Gross Fiscal Deficit and its Financing

(Rupees crore)

Year

 GFD receipts

 GFD expenditure

 Gross fiscal deficit

 Financing of GFD - External finance

 Financing of GFD - Market borrowings

 Financing of GFD - Other borrowings

 Financing of GFD - Draw down of cash balances

 Financing of GFD - Total Internal finance

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  

96691

154394

57703

3582

20326

32834

961

54121

1995-96  

111527

171770

60243

318

34001

16117

9807

59925

1996-97  

126734

193468

66733

2987

19093

31469

13184

63746

1997-98  

134798

223735

88937

1091

32499

56257

-910

87846

1998-99  

155359

268707

113349

1920

68988

42650

-209

111429

1999-00  

183206

287922

104716

1180

62076

40597

864

103537

2000-01  

194730

313546

118816

7505

73431

39077

-1197

111311

2001-02  

204952

345907

140955

5601

90812

46038

-1496

135354

2002-03  

233985

379057

145072

-11934

104126

50997

1883

157006

2003-04  

280765

404038

123273

-13488

88870

51833

-3942

136761

2004-05  

310415

436209

125794

14753

50940

68231

-8130

111041

2005-06  

348658

495093

146435

7472

106241

53610

-20888

138963

2006-07  

434921

577494

142573

8472

114801

14782

4518

134101

2007-08  

580659

707571

126912

9315

130600

-39597

26594

117597

2008-09  

564740

891255

326515

9603

266539

110740

-60367

316912

2009-10  

615617

1016613

400996

16047

397957

-13008

0

384949

Note : 1. Data for 2008-09 are Revised Estimates and data for 2009-10 are Budget Estimates.
2. GFD Receipts includes revenue receipts and disinvestments proceeds from 1991-92 onwards and only revenue receipts
for all other years.
3. GFD Expenditure includes revenue expenditure, capital outlay and loans and advances net of recoveries.
4. DrawDown of Cash Balances represent variation in ad hoc treasury bills issued net of changes in cash balances with RBI
up to March 31,1997.
5. Market Borrowing include dated securities and 364-day treasury bills.
6. Other borrowings comprise small savings, state provident fund, special deposits, reserve funds, treasury bills excluding
364-day treasury bills, etc.
7. Market Borrowing of 2004-05 to 2009-2010 is exclusive of amount raised under Market Stabilisation Scheme.
Also see Notes on Tables.
Source : Budget documents of the Government of India.

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