(Rupees crore) |
Year |
Fiscal Deficit |
Primary Deficit |
Net RBI Credit+ |
Revenue Deficit |
Gross |
|
Net |
Gross |
Net |
|
|
1 |
2 |
|
3 |
4 |
5 |
6 |
7 |
1995-96 |
|
|
60,243 |
|
42,432 |
10,198 |
10,806 |
19,855 |
29,731 |
|
|
|
(50,253) |
|
|
(208) |
|
|
|
1996-97 |
|
|
66,733 |
|
46,394 |
7,255 |
9,022 |
1,934 |
32,654 |
|
|
|
(56,242) |
|
|
(-3236) |
|
|
|
1997-98 |
|
|
88,937 |
|
63,062 |
23,300 |
22,748 |
12,914 |
46,449 |
|
|
|
(73,204) |
|
|
(7,567) |
|
|
|
1998-99 |
|
|
1,13,349 |
|
79,944 |
35,466 |
32,138 |
11,800 |
66,976 |
|
|
|
(89,560) |
|
|
(11,678) |
|
|
|
1999-2000 |
|
1,04,716 |
|
89,910 |
14,467 |
33,539 |
-5,588 |
67,596 |
2000-01 |
|
|
1,18,816 |
1,07,854 |
19,502 |
41,351 |
6,705 |
85,234 |
2001-02 |
|
|
1,40,955 |
1,23,074 |
33,495 |
51,152 |
-5,150 |
1,00,162 |
2002-03 |
|
|
1,45,072 |
1,33,829 |
27,268 |
53,647 |
-28,399 |
1,07,879 |
2003-04 |
|
|
1,23,273 |
1,15,558 |
-815 |
30,008 |
-76,065 |
98,261 |
2004-05 |
|
|
1,25,794 |
1,26,252 |
-1,140 |
31,705 |
-60,177 |
78,338 |
2005-06 |
|
|
1,46,435 |
1,45,743 |
13,805 |
35,145 |
28,417 |
92,299 |
2006-07 BE |
|
1,48,686 |
1,47,825 |
8,863 |
27,265 |
.. |
84,727 |
2006-07 RE |
|
1,52,328 |
1,48,072 |
6,136 |
22,011 |
-1,042 |
83,436 |
2007-08 BE |
|
1,50,948 |
1,44,950 |
-8,047 |
5,263 |
.. |
71,478 |
As percentage to GDP at current market prices |
1995-96 |
|
|
5.07 |
|
3.57 |
0.86 |
0.91 |
1.67 |
2.50 |
|
|
|
(4.23) |
|
|
(0.02) |
|
|
|
1996-97 |
|
|
4.88 |
|
3.39 |
0.53 |
0.66 |
0.14 |
2.39 |
|
|
|
(4.11) |
|
|
(-0.24) |
|
|
|
1997-98 |
|
|
5.84 |
|
4.14 |
1.53 |
1.49 |
0.85 |
3.05 |
|
|
|
(4.81) |
|
|
(0.50) |
|
|
|
1998-99 |
|
|
6.51 |
|
4.59 |
2.04 |
1.85 |
0.68 |
3.85 |
|
|
|
(5.14) |
|
|
(0.67) |
|
|
|
1999-2000 |
|
5.36 |
|
4.61 |
0.74 |
1.72 |
-0.29 |
3.46 |
2000-01 |
|
|
5.65 |
|
5.13 |
0.93 |
1.97 |
0.32 |
4.05 |
2001-02 |
|
|
6.18 |
|
5.40 |
1.47 |
2.24 |
-0.23 |
4.39 |
2002-03 |
|
|
5.90 |
|
5.44 |
1.11 |
2.18 |
-1.16 |
4.39 |
2003-04 |
|
|
4.46 |
|
4.18 |
-0.03 |
1.09 |
-2.75 |
3.55 |
2004-05 |
|
|
4.02 |
|
4.04 |
-0.04 |
1.01 |
-1.92 |
2.51 |
2005-06 |
|
|
4.11 |
|
4.09 |
0.39 |
0.99 |
0.80 |
2.59 |
2006-07 BE |
|
3.76 |
|
3.74 |
0.22 |
0.69 |
.. |
2.14 |
2006-07 RE |
|
3.69 |
|
3.59 |
0.15 |
0.53 |
-0.03 |
2.02 |
2007-08 BE |
|
3.26 |
|
3.13 |
-0.17 |
0.11 |
.. |
1.54 |
Average |
|
|
|
|
|
|
|
|
|
1995-96 to 2005-06 |
5.29 |
* |
4.50 |
0.87 * |
1.52 |
-0.36 |
3.42 |
RE : Revised Estimates. BE : Budget Estimates. .. : Not Available. + : As per RBI records. * : Net of States’ share in small savings.
Note : 1. Revenue deficit is the excess of revenue expenditure over revenue receipts. Net RBI credit to the Central Government is the sum of increase in the Reserve Bank’s holdings of i )Treasury Bills, ii) Government of India dated securities, iii) rupee coins and iv) Ways and Means Advances from the Reserve Bank to the Centre (since April 1, 1997) adjusted for Centre’s cash balances with the Reserve Bank. Gross fiscal deficit is the excess of total expenditure (including loans, net of changes in recoveries) over revenue receipts (including external grants) and non-debt capital receipts. Net fiscal deficit is the difference between gross fiscal deficit and net lending. Gross primary deficit is the difference between gross fiscal deficit and interest payments. Net primary deficit denotes net fiscal deficit minus net interest payments.
2. Figures in parentheses are excluding States’ share in small savings as per the system of accounting followed since 1999-2000.
3. Negative sign indicates surplus.
Source : Central Government Budget Documents and Reserve Bank records. |
|
