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Table 8 : Financing of Gross Fiscal Deficit

(Rs. crore)


 

Loans

Market

Special

Others #

Gross

States’ Outstanding

 

from the

Borrowings

Securities

 

Fiscal

Liabilities

 

Central

(net)

Issued

 

Deficit

(end-March)

 

Government

 

to NSSF

 

(2+3+4)

Total

Per cent to

Year

(net)

         

GDP at

             

current

             

market prices


1

2

3

4

5

6

7

8


1990-91

9,978

2,556

 

6,253

18,787

110,289

19.4

 

(53.1)

(13.6)

 

(33.3)

(100.0)

   
               

1991-92

9,373

3,305

 

6,222

18,900

126,338

19.3

 

(49.6)

(17.5)

 

(32.9)

(100.0)

   
               

1992-93

8,921

3,500

 

8,471

20,892

142,178

19.0

 

(42.7)

(16.8)

 

(40.5)

(100.0)

   
               

1993-94

9,533

3,620

 

7,443

20,596

160,077

18.6

 

(46.3)

(17.6)

 

(36.1)

(100.0)

   
               

1994-95

14,760

4,075

 

8,862

27,697

184,527

18.2

 

(53.3)

(14.7)

 

(32.0)

(100.0)

   
               

1995-96

14,801

5,888

 

10,737

31,426

212,225

17.9

 

(47.1)

(18.7)

 

(34.2)

(100.0)

   
               

1996-97

17,547

6,515

 

13,189

37,251

243,525

17.8

 

(47.1)

(17.5)

 

(35.4)

(100.0)

   
               

1997-98

23,676

7,280

 

13,244

44,200

281,207

18.5

 

(53.6)

(16.5)

 

(30.0)

(100.0)

   
               

1998-99

31,057

10,467

 

32,730

74,254

341,978

19.4

 

(41.8)

(14.1)

 

(44.1)

(100.0)

   
               

1999-2000

12,408

12,664

26,416

39,993

91,481

420,132

21.5

 

(13.6)

(13.8)

(28.9)

(43.7)

(100.0)

   
               

2000-01

8,396

12,519

32,606

36,011

89,532

498,092

23.7

 

(9.4)

(14.0)

(36.4)

(40.2)

(100.0)

   
               

2001-2002 (R.E)

14,801

16,074

35,971

39,749

106,595

589,218

25.7

 

(13.9)

(15.1)

(33.7)

(37.3)

(100.0)

   
               

2002-03 (B.E.)

18,736

11,845

39,601

32,667

102,848

683,168

26.7

 

(18.2)

(11.5)

(38.5)

(31.8)

(100.0)

   

R.E.: Revised Estimates.

B.E.: Budget Estimates.

 

#

Include loans from financial institutions, Provident Funds, Reserve Funds, Deposits and Advances, etc.

 

Note:

Figures in brackets are percentages to the Gross Fiscal Deficit.

Source:

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

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