(amount Rs. crore)

1998-99

1999-2000

2000-2001

2001-2002

2002-2003

2003-04

2004-05

Item

(Accounts)

(Accounts)

(Accounts)

(Accounts)

(Accounts)

(Revised

Estimates)

(Budget

Estimates)

1

2

3

4

5

6

7

8

I.

Total Disbursements (A+B+C)

463944

540423

595595

652968

727151

887391

907363

of which

A.

Developmental (i +ii +iii)

239720

274483

308546

332224

359331

441817

433565

i) Revenue

191402

221269

249352

262395

288433

337084

335638

ii) Capital

31756

36302

42144

44165

50633

77718

80453

iii) Loans

16562

16912

17050

25664

20265

27015

17474

B.

Non-Developmental (i+ii+iii)

215662

257142

277760

307864

339086

381403

431977

i) Revenue

204052

239294

263314

292458

321920

359463

389359

of which :

Interest Payments

93096

110451

124817

142387

158624

180244

190919

ii) Capital

10157

13247

13730

14661

15038

20054

40865

iii) Loans

1453

4601

716

745

2128

1886

1753

C.

Others (i+ii)

8562

8798

9289

12880

28734

64171

41821

i) Revenue

3531

4539

4952

4658

6052

7313

7210

ii) Capital *

5031

4259

4337

8222

22682

56858

34611

II.

Total Receipts

460634

536446

599141

651039

731763

875723

908412

of which :

A.

Revenue Receipts

288366

343709

378817

400162

453414

531874

612317

i) Tax Receipts (a + b + c)

233069

274974

305374

313844

358224

415642

497463

a) Taxes on commodities

175351

203483

224676

229794

256440

292868

338664

and services

b) Taxes on Income and Property

57401

71129

80215

83505

101211

122180

158175

c) Taxes of Union Territories

317

362

483

545

573

594

624

(Without Legislature)

ii) Non-Tax Receipts

55297

68735

73443

86317

95191

116233

114854

of which :

Interest Receipts

16895

18219

18050

17164

17781

17939

20429

B.

Non-debt Capital Receipts (i+ii)

12990

7629

12591

18160

16067

37841

14489

i) Recovery of Loans & Advances

7116

5905

10466

14514

12916

23341

10489

ii) Disinvestment proceeds

5874

1724

2125

3646

3151

14500

4000

III.

Gross Fiscal Deficit

157053

184826

199853

226425

234987

260820

245946

[ I - ICii - ( IIA + IIB ) ]

Financed by :

A.

Institution-wise (i+ii)

157053

184826

199852

226425

234987

260820

245946

i) Domestic Financing (a+b)

155133

183646

192347

220824

246921

272525

237870

a) Net Bank Credit to Government #

56080

54702

70577

77610

86958

68976

..

of which :

Net RBI Credit to Government

17379

-4275

5613

-1699

-31499

-75772

..

b) Non-Bank Credit to Government

99053

128944

121770

143214

159963

203549

..

ii) External Financing

1920

1180

7505

5601

-11934

-11705

8076

B.

Instrument-wise (i+ii)

157053

184826

199852

226425

234987

260820

245946

i) Domestic Financing ( a+b+c+d+e )

155133

183646

192348

220824

246921

272525

237870

a) Market Borrowings (net) @

79455

82940

85450

104741

132610

130790

117914

b) Small Savings (net) &

33035

35916

41581

43773

52261

124900

71800

c) State Provident Funds (net)

15741

21353

15768

12150

11816

14622

14419

d) Budget Deficit +

3311

3977

-3543

1929

-4612

11669

-1048

e) Others &&

23591

39460

53092

58231

54846

-9456

34785

ii) External Financing

1920

1180

7505

5601

-11934

-11705

8076

IV.

I as per cent of GDP

26.6

27.9

28.5

28.6

29.4

32.0

29.1

V.

II as per cent of GDP

26.5

27.7

28.7

28.5

29.6

31.6

29.1

VI.

IIA as per cent of GDP

16.6

17.7

18.1

17.5

18.4

19.2

19.6

VII.

IIA (i) as per cent of GDP

13.4

14.2

14.6

13.8

14.5

15.0

15.9

VIII.

III as per cent of GDP

9.0

9.5

9.6

9.9

9.5

9.4

7.9

*

Includes repayments of internal debt by the States. For 2002-03 and 2003-04 also includes repayments

by the Centre to the National Small Savings Fund (NSSF) of Rs.13,766 crore and Rs.46,602 crore, respectively.

# : As per RBI records.

@ : Borrowing through dated securities and 364-day Treasury Bills.

.. : Budget estimates are not available.

& : Since 1999-2000 represents investment in Central and State Governments' Special Securties by National Small Savings Fund (NSSF) out of

small saving collections. Since 2003-04, NSSF investment in Central Government's Special Securities is out of redemption proceeds mainly.

+ : Include draw down of cash balance pertaining to Centre.

&& : Also includes reserve funds, deposits and advances, Treasury Bills excluding 364-day Treasury Bills, loan from financial institutions, etc.

Source : Budget Documents of Central and State Governments.