(Rupees crore)

Internal Finance

External

Total Finance/

Year

Market

Other

91-day Treasury

Total

Finance

Gross Fiscal

Borrowings #

Liabilities @

Bills /Draw

(2+3+4)

Deficit

down of

(5+6)

Cash balances +

1

2

3

4

5

6

7

1980-81

2,679

1,862

2,477

7,018

1,281

8,299

(32.3)

(22.4)

(29.8)

(84.6)

(15.4)

(100.0)

1985-86

4,884

10,209

5,315

20,408

1,449

21,857

(22.3)

(46.7)

(24.3)

(93.4)

(6.6)

(100.0)

1990-91

8,001

22,103

11,347

41,451

3,181

44,632

(17.9)

(49.5)

(25.4)

(92.9)

(7.1)

(100.0)

1995-96

33,087

17,031

9,807

59,925

318

60,243

(54.9)

(28.3)

(16.3)

(99.5)

(0.5)

(100.0)

1996-97

20,012

30,550

13,184

63,746

2,987

66,733

(30.0)

(45.8)

(19.8)

(95.5)

(4.5)

(100.0)

1997-98

32,499

56,257

-910

87,846

1,091

88,937

(36.5)

(63.3)

-(1.0)

(98.8)

(1.2)

(100.0)

1998-99

68,988

42,650

-209

1,11,429

1,920

1,13,349

(60.9)

(37.6)

-(0.2)

(98.3)

(1.7)

(100.0)

1999-2000

70,277

32,396

864

1,03,537

1,180

1,04,717

(67.1)

(30.9)

(0.8)

(98.9)

(1.1)

(100.0)

2000-01

72,931

39,577

-1,197

1,11,311

7,505

1,18,816

(61.4)

(33.3)

-(1.0)

(93.7)

(6.3)

(100.0)

2001-02

87,724

49,126

-1,496

1,35,354

5,601

1,40,955

(62.2)

(34.9)

-(1.1)

(96.0)

(4.0)

(100.0)

2002-03 (BE)

95,859

38,895

0

1,34,754

770

1,35,524

(70.7)

(28.7)

(0.0)

(99.4)

(0.6)

(100.0)

2002-03 (RE)

1,12,865

40,799

5,298

1,58,962

-13,496

1,45,466

(77.6)

(28.0)

(3.6)

(109.3)

-(9.3)

(100.0)

2003-04 (BE)

1,07,194

42,861

0

1,50,055

3,582

1,53,637

(69.8)

(27.9)

(0.0)

(97.7)

(2.3)

(100.0)

RE Revised Estimates.
BE Budget Estimates.
# Includes Zero Coupon Bonds, Loans in conversion of maturing Treasury Bills, etc.
@ Other liabilities comprise small savings, state provident funds, special deposits, reserve funds, Treasury Bills excluding 364-day Treasury Bills, etc. With effect from 1999-2000, small savings and public provident funds are represented through NSSF’s investment in Central government securities.
+ Variations in 91-day Treasury Bills issued net of changes in cash balances with RBI, up to March 31, 1997. Since April 1, 1997 these figures represent draw down of cash balances.
Note :
1. Figures in brackets represent percentages to total finance (gross fiscal deficit).
2. Since 1999-2000, Gross fiscal deficit excludes the States’ share in small savings.
Source : Central Government Budget Documents and Reserve Bank records.