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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+5)

   

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)

     

1995-96

14,801

5,888

10,737

31,426

212,225

17.9

     

(47.1)

(18.7)

(34.2)

(100.0)

     

2002-03

-932

28,484

52,243

22,327

102,122

686,655

27.8

     

(-0.9)

(27.9)

(51.2)

(21.9)

(100.0)

     

2003-04 (R.E.)

-21,451

45,119

61,237

56,105

141,009

807,131

29.1

     

(-15.2)

(32.0)

(43.4)

(39.8)

(100.0)

     

2004-05 (B.E.)

-8,235

27,549

63,737

28,801

111,851

913,103

29.2

     

(-7.4)

(24.6)

(57.0)

(25.7)

(100.0)

     
                     

R.E.: Revised Estimates.
B.E.: Budget Estimates.
#Include loans from financial institutions, Provident Funds, Reserve Funds, Deposits and Advances, etc.
Notes:
1.Figures in brackets are percentages to the Gross Fiscal Deficit.
2.Figures for 2002-03 (Accounts) in respect of Bihar, Jammu and Kashmir and Jharkhand 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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