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Appendix Table 1: Major Deficit Indicators of State Governments

(Amount in ₹ billion)
Year Gross Fiscal Deficit Revenue Deficit Primary Deficit Primary Revenue Deficit Net RBI Credit to States
1 2 3 4 5 6
2000-01 879.2 553.2 369.4 43.3 -10.9
  (4.0) (2.5) (1.7) (0.2) (-0.1)
2001-02 942.6 604.0 326.7 -12.0 34.5
  (4.0) (2.6) (1.4) (-0.1) (0.1)
2002-03 997.3 571.8 307.0 -118.5 -31.0
  (3.9) (2.3) (1.2) (-0.5) (-0.1)
2003-04 1,206.3 634.1 402.4 -169.9 2.9
  (4.2) (2.2) (1.4) (-0.6) (0.0)
2004-05 1,077.7 391.6 213.5 -472.6 -27.1
  (3.3) (1.2) (0.7) (-1.5) (-0.1)
2005-06 900.8 70.1 60.6 -770.1 -38.4
  (2.4) (0.2) (0.2) (-2.1) (-0.1)
2006-07 775.1 -248.6 -156.7 -1,180.4 -11.5
  (1.8) (-0.6) (-0.4) (-2.7) (0.0)
2007-08 754.5 -429.4 -243.8 -1,427.7 11.4
  (1.5) (-0.9) (-0.5) (-2.9) (0.0)
2008-09 1,345.9 -126.7 316.3 -1,156.3 -16.1
  (2.4) (-0.2) (0.6) (-2.1) (0.0)
2009-10 1,888.2 310.2 760.1 -817.9 1.9
  (2.9) (0.5) (1.2) (-1.3) (0.0)
2010-11 1,614.6 -30.5 366.4 -1,278.7 25.2
  (2.1) (0.0) (0.5) (-1.6) (0.0)
2011-12 1,683.5 -239.6 315.4 -1,607.8 -12.0
  (1.9) (-0.3) (0.4) (-1.8) (0.0)
2012-13 1,954.7 -203.2 450.0 -1,707.9 -12.5
  (2.0) (-0.2) (0.5) (-1.7) (0.0)
2013-14 (BE) 2,450.5 -477.3 716.7 -2,211.0
  (2.2) (-0.4) (0.6) (-1.9)
2013-14 (RE) 2,835.0 -29.5 1,113.7 -1,750.8 9.9
  (2.5) (0.0) (1.0) (-1.5) (0.0)
2014-15 (BE) 2,950.6 -541.7 1,018.6 -2,473.6
  (2.3) (-0.4) (0.8) (-1.9)
RE: Revised Estimates. BE: Budget Estimates. ‘-’ : Not Available.
Note : 1. Negative (-) sign indicates surplus in deficit indicators.
2. Revenue deficit is the difference between revenue expenditure and revenue receipts.
3. Gross fiscal deficit is aggregate expenditure (aggregate disbursement net of debt repayments) minus revenue receipts, non-debt capital receipts.
4. Primary deficit is gross fiscal deficit minus in interest payments.
5. Primary revenue deficit is revenue deficit minus in interest payments.
6. Figures in parentheses are as percentage to GDP.
7. The net RBI credit to state governments refers to variations in WMA/OD given to them by the RBI net of their incremental deposits with the RBI.
Source : Budget documents of state governments, CAG for 2012-13 in respect of Jammu & Kashmir and Reserve Bank records.

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