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List of Abbreviations

ACS Average Cost of Supply
AFS Annual Financial Statement
AMRUT Atal Mission for Rejuvenation and Urban Transformation
ARR Average Revenue Realisation
AT&C Aggregate Technical and Commercial
ATB Auction Treasury Bills
BE Budget Estimate
BPS Basis Points
BRICS Brazil, Russia, India, China and South Africa
CAG Comptroller and Auditor General of India
CMIE Centre for Monitoring of Indian Economy
CoV Coefficient of Variation
CSF Consolidated Sinking Fund
DBT Direct Benefit Transfer
DISCOM Distribution Company
DMF District Mineral Foundation
DMF District Mineral Fund
EGI Emergency Governance Initiative
EME Emerging Market Economy
e-PoS Electronic Point of Sale
FC Finance Commission
FC-XIV Fourteenth Finance Commission
FC-XV Fifteenth Finance Commission
FPS Fair Price Shop
FRBM Fiscal Responsibility and Budget Management
FRL Fiscal Responsibility Legislation
GDP Gross Domestic Product
GERD Gross Expenditure on Research and Development
GFD Gross Fiscal Deficit
GoI Government of India
GP Gram Panchayat
GPF General Provident Fund
GPS Global Positioning System
GRF Guarantee Redemption Fund
GSDP Gross State Domestic Product
G-Sec Government Security
GST Goods and Services Tax
HTM Held to Maturity
ICRIER Indian Council for Research on International Economic Relations
ITB Intermediate Treasury Bill
LG Local Government
LIC Life Insurance Corporation of India
MC Municipal Corporation
MLE Maximum Likelihood Estimation
NABARD National Bank for Agriculture and Rural Development
NCDC National Co-operative Development Corporation
NFSA National Food Security Act
NGO Non-Governmental Organisation
NSO National Statistical Office
NSSF National Small Savings Fund
OD Overdraft
OECD Organisation for Economic Cooperation and Development
PA Provisional Accounts
PD Primary Deficit
R&D Research and Development
RBI Reserve Bank of India
RD Revenue Deficit
RE Revised Estimate
RECO Revenue Expenditure to Capital Outlay
SBI State Bank of India
SDF Special Drawing Facility
SDL State Development Loan
SDRF State Disaster Response Fund
SFC State Finance Commission
SGST State Goods and Services Tax
SoP Standard Operating Procedure
UDAY Ujjwal DISCOM Assurance Yojana
ULB Urban Local Body
UT Union Territory
VAT Value Added Tax
WAY Weighted Average Yield
WMA Ways and Means Advances

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