Appendix Table IV.1 : Measures of Deficit of the Central Government - ਆਰਬੀਆਈ - Reserve Bank of India
Appendix Table IV.1 : Measures of Deficit of the Central Government
(Rupees crore) |
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Year |
Fiscal Deficit |
Primary Deficit |
Net RBI |
Revenue |
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Gross |
Net |
Gross |
Net |
Credit + |
Deficit |
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|
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
|
|
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1990-91 |
44,632 |
30,692 |
23,134 |
17,924 |
14,746 |
18,562 |
|
(37,606) |
(16,108) |
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1991-92 |
36,325 |
24,624 |
9,729 |
8,961 |
5,508 |
16,261 |
|
(30,844) |
(4,248) |
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1992-93 |
40,173 |
30,232 |
9,098 |
11,644 |
4,257 |
18,574 |
|
(35,909) |
(4,834) |
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1993-94 |
60,257 |
45,994 |
23,516 |
24,331 |
260 |
32,716 |
|
(55,257) |
(18,516) |
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1994-95 |
57,703 |
40,313 |
13,644 |
12,050 |
2,130 |
31,029 |
|
(48,030) |
(3,970) |
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1995-96 |
60,243 |
42,432 |
10,198 |
10,806 |
19,855 |
29,731 |
|
(50,253) |
(208) |
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1996-97 |
66,733 |
46,394 |
7,255 |
9,022 |
1,934 |
32,654 |
|
(56,242) |
(-3236) |
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1997-98 |
88,937 |
63,062 |
23,300 |
22,748 |
12,914 |
46,449 |
|
(73,204) |
(7,567) |
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1998-99 |
1,13,349 |
79,944 |
35,467 |
32,138 |
11,800 |
66,976 |
|
(89,560) |
(11,678) |
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1999-2000 |
1,04,717 |
89,910 |
14,468 |
33,539 |
-5,588 |
67,596 |
|
2000-2001(RE) |
1,11,972 |
1,01,402 |
11,305 |
38,741 |
6,705 |
77,369 |
|
2001-2002(BE) |
1,16,314 |
1,07,469 |
4,014 |
36,747 |
.. |
78,821 |
|
|
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As Percentage to GDP at Current Market Prices |
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|
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1990-91 |
7.85 |
5.40 |
4.07 |
3.15 |
2.59 |
3.26 |
|
(6.61) |
(2.83) |
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1991-92 |
5.56 |
3.77 |
1.49 |
1.37 |
0.84 |
2.49 |
|
(4.72) |
(0.65) |
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1992-93 |
5.37 |
4.04 |
1.22 |
1.56 |
0.57 |
2.48 |
|
(4.80) |
(0.65) |
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1993-94 |
7.01 |
5.35 |
2.74 |
2.83 |
0.03 |
3.81 |
|
(6.43) |
(2.15) |
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1994-95 |
5.70 |
3.98 |
1.35 |
1.19 |
0.21 |
3.06 |
|
(4.74) |
(0.39) |
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1995-96 |
5.07 |
3.57 |
0.86 |
0.91 |
1.67 |
2.50 |
|
(4.23) |
(0.02) |
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1996-97 |
4.88 |
3.39 |
0.53 |
0.66 |
0.14 |
2.39 |
|
(4.11) |
(-0.24) |
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1997-98 |
5.84 |
4.14 |
1.53 |
1.49 |
0.85 |
3.05 |
|
(4.81) |
(0.50) |
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1998-99 |
6.45 |
4.55 |
2.02 |
1.83 |
0.67 |
3.81 |
|
(5.09) |
(0.66) |
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1999-2000 |
5.35 |
4.59 |
0.74 |
1.71 |
-0.29 |
3.45 |
|
2000-2001(RE) |
5.13 |
4.64 |
0.52 |
1.77 |
0.31 |
3.54 |
|
2001-2002(BE) |
4.70 |
# |
4.34 @ |
0.16 @ |
1.48 @ |
.. |
3.18 @ |
Average |
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(1991-92 to |
4.92 |
* |
4.15 |
0.61 * |
1.51 |
0.52 |
3.01 |
1999-2000 ) |
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|
RE Revised Estimates. |
BE Budget Estimates. |
.. Not Available. |
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(-) |
Indicates Surplus. |
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+ |
As per RBI records after closure of Government accounts. |
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# |
As per the Union Budget Speech 2001-2002. |
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@ |
Worked out on the basis of the implicit nominal GDP underlying the Budget Estimates of GFD/GDP ratio of 4.7 per cent for 2001-2002. |
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* |
Net of States' share in small savings. |
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Notes: |
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1. |
The revenue deficit denotes the difference between revenue receipts and revenue expenditure. The net RBI credit to the Central Government is the sum of the RBI's holdings of i ) Treasury Bills, ii) Government of India dated securities and iii) rupee coins and iv) Loans and Advances from the Reserve Bank to the Centre since April 1, 1997 adjusted for the Centre's cash balances with the Reserve Bank. The gross fiscal deficit is the excess of total expenditure including loans, net of recoveries over revenue receipts (including external grants) and non-debt capital receipts. The net fiscal deficit is the difference between gross fiscal deficit and net lending. The gross primary deficit is the difference between the gross fiscal deficit and interest payments. The net primary deficit denotes net fiscal deficit minus net interest payments. |
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2. |
Figures in parentheses are excluding States' share in small savings as per the new system of accounting followed since 1999-2000. |
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Source : Central Government Budget Documents and Reserve Bank records. |