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Table 7 : Decomposition of Gross Fiscal Deficit

(Rs. crore)

Fiscal

Revenue

Capital

Net

GFD

Year

Deficit

Outlay

Lending

(2+3+4)

1

2

3

4

5

1990-91

5,309.0

9,223.0

4,255.0

18,787.0

(28.3)

(49.1)

(22.6)

(100.0)

1991-92

5,651.0

10,096.0

3,153.0

18,900.0

(29.9)

(53.4)

(16.7)

(100.0)

1992-93

5,114.1

10,654.6

5,122.6

20,891.3

(24.5)

(51.0)

(24.5)

(100.0)

1993-94

3,812.5

12,450.2

4,333.3

20,596.0

(18.5)

(60.4)

(21.0)

(100.0)

1994-95

6,156.2

17,351.0

4,189.7

27,696.9

(22.2)

(62.6)

(15.1)

(100.0)

1995-96

8,200.6

18,494.8

4,730.5

31,425.9

(26.1)

(58.9)

(15.1)

(100.0)

1996-97

16,113.5

17,539.7

3,791.2

37,251.2*

(43.3)

(47.1)

(10.2)

(100.5)

1997-98

16,332.9

22,802.0

5,065.0

44,199.9

(37.0)

(51.6)

(11.5)

(100.0)

1998-99

43,641.8

23,072.3

8,044.6

74,253.8*

(58.8)

(31.1)

(10.8)

(100.7)

1999-2000

53,797.0

25,512.1

12,171.2

91,480.3

(58.8)

(27.9)

(13.3)

(100.0)

2000-01

53,568.6

31,129.5

4,833.9

89,532.0

(59.8)

(34.8)

(5.4)

(100.0)

2001-02

59,188.1

32,268.9

4,536.7

95,993.6

(61.7)

(33.6)

(4.7)

(100.0)

2002-03

61,239.6

41,565.0

13,830.9

116,635.6

(Revised Estimates)

(52.5)

(35.6)

(11.9)

(100.0)

2003-04

48,326.3

55,717.0

12,132.0

116,175.4

(Budget Estimates)

(41.6)

(48.0)

(10.4)

(100.0)

*Sum of components will not add up to total GFD due to inclusion of disinvestment proceeds of PSUs to the extent of Rs. 193.2 crore in 1996-97 and Rs.504.9 crore in 1998-99.

Note : 1.Figures in brackets are percentages to total borrowing requirements (GFD).

2.Figures for 2001-02 (Accounts) in respect of Bihar, Jammu and Kashmir, Jharkhand and Nagaland relate to Revised Estimates.

Source :Budget Documents of State Governments.


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