(Rs. crore)

Loans

Market

Others #

Gross

States’Outstanding Liabilities

States’

from the

Borrowings

Fiscal

(end-March)

Outstanding

Central

(net)

Deficit

Liabilities

Year

Govern-

(2+3+4)

Total *

Loans &

Market

as percentage

ment (net)

Advances

Loans

to GDP at

from the

current

Centre

market prices.

1

2

3

4

5

6

7

8

9

1990-91

9,978

2,556

6,253

18,787

110,289

74,117

15,618

19.4

(53.1)

(13.6)

(33.3)

(100.0)

1991-92

9,373

3,305

6,222

18,900

126,338

83,491

18,923

19.3

(49.6)

(17.5)

(32.9)

(100.0)

1992-93

8,921

3,500

8,471

20,892

142,178

92,412

22,426

19.0

(42.7)

(16.8)

(40.5)

(100.0)

1993-94

9,533

3,620

7,443

20,596

160,077

101,945

26,058

18.6

(46.3)

(17.6)

(36.1)

(100.0)

1994-95

14,760

4,075

8,862

27,697

184,527

116,705

30,133

18.2

(53.3)

(14.7)

(32.0)

(100.0)

1995-96

14,801

5,888

10,737

31,426

212,225

131,505

36,021

17.9

(47.1)

(18.7)

(34.2)

(100.0)

1996-97

17,547

6,515

13,189

37,251

243,525

149,053

42,536

17.8

(47.1)

(17.5)

(35.4)

(100.0)

1997-98

23,676

7,280

13,244

44,200

281,207

172,729

49,816

18.5

(53.6)

(16.5)

(30.0)

(100.0)

1998-99

31,057

10,467

32,730

74,254

341,978

203,786

60,283

19.4

(41.8)

(14.1)

(44.1)

(100.0)

1999-2000

12,408+

12,664

66,409

91,480

420,132

216,194

72,947

21.5

(13.6)

(13.8)

(72.6)

(100.0)

2000-01(R.E)

14,001+

12,604

68,671

95,277

504,248

230,195

85,551

23.1

(14.7)

(13.2)

(72.1)

(100.0)

2001-2002 (B.E)

16,834+

10,745

68,044

95,622

591,832

247,030

96,296

23.9

(17.6)

(11.2)

(71.2)

(100.0)

R.E.:

Revised Estimates.

B.E.: Budget Estimates.

#

Include loans from financial institutions, provident funds, reserve funds, deposits and advances, Special
Securities issued to NSSF from the year 1999-

2000 onwards, etc.

*

Include internal debt, loans and advances from the Central Government and provident funds, etc.

+

Excluding States’ share in small savings (See @ in Table 5).

Notes:

1.

Figures in brackets are percentages to the Gross Fiscal Deficit.

2.

Data on outstanding loans and advances from the Centre take into account medium term loans of
Rs.1,628 crore in 1985-86 given by the Centre to

States to clear their overdrafts.

Source

: Budget Documents of State Governments and Combined Finance and Revenue
Accounts of the Union and State Governments.