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Table 8 : Financing of Gross Fiscal Deficit

(Rs. crore)

Loans

Market

Special

Others#

Gross

States’ Outstanding Liabilities

from the

Borrowings

Securities

Fiscal

Central

(net)

Issued

Deficit

Total

Percent to

Year

Govern-

to NSSF

(2+3+4)

GDP at

ment (net)

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

19.6

(41.8)

(14.1)

(44.1)

(100.0)

1999-2000

12,408.0

12,664.0

26,416.0

39,993

91,481.0

420,132

21.7

(13.6)

(13.8)

(28.9)

(43.7)

(100.0)

2000-01

8,396.0

12,519.0

32,606.0

36,011

89,532.0

498,092

23.7

(9.4)

(14.0)

(36.4)

(40.2)

(100.0)

2001-02

10,974.1

17,249.2

35,648.5

32,122

95,993.6

586,687

25.7

(11.4)

(18.0)

(37.1)

(33.5)

(100.0)

2002-03 (R.E)

8,133.7

24,231.2

49,068.4

35,202

116,635.6

688,421

27.9

(7.0)

(20.8)

(42.1)

(30.2)

(100.0)

2003-04 (BE)

7,794.7

16,879.6

50,195.9

41,305

116,175.3

791,400

28.8

(6.7)

(14.5)

(43.2)

(35.6)

(100.0)

R.E.: Revised Estimates.
B.E. : Budget Estimates.
#Include loans from financial institutions, Provident Funds, Reserve Funds, Deposits and Advances, etc.

Notes:

1Figures in brackets are percentages to the Gross Fiscal Deficit.

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


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