(` billion)

I. Total Disbursements (A+B+C)

13,162.46

15,995.33

18,522.96

21,465.31

25,188.25

28,358.56

of which

A. Developmental (i +ii +iii)

7,102.71

9,437.08

10,628.09

12,684.95

14,977.48

16,468.72

i) Revenue

5,496.39

7,521.03

8,513.03

10,255.75

12,039.80

13,113.26

ii) Capital

1,423.24

1,699.72

1,868.38

1,937.47

2,373.89

2,926.32

iii) Loans

183.08

216.33

246.68

491.73

563.78

429.14

B. Non-Developmental (i+ii+iii)

5,897.42

6,373.09

7,689.10

8,526.34

9,874.56

11,497.46

i) Revenue

5,056.46

5,872.00

7,088.70

7,765.29

9,020.58

10,281.31

of which : Interest Payments

2,597.48

2,833.10

3,147.46

3,483.82

4,051.44

4,659.64

ii) Capital

834.79

487.07

594.07

753.82

837.62

1,193.09

iii) Loans

6.17

14.02

6.33

7.23

16.36

23.06

C. Others ++

162.33

185.16

205.77

254.02

336.21

392.37

II. Total Receipts

13,296.54

16,084.94

18,449.23

21,638.34

25,122.79

28,760.11

of which :

A. Revenue Receipts

10,618.92

11,169.55

12,107.35

15,803.46

17,513.01

20,708.55

i) Tax Receipts (a + b + c)

8,774.96

9,263.03

9,846.11

12,500.72

14,539.44

17,183.27

a) Taxes on commodities and services

5,205.28

5,468.58

5,580.66

7,390.85

8,740.82

10,555.05

b) Taxes on Income and Property

3,556.44

3,779.57

4,249.31

5,086.76

5,775.53

6,605.11

c) Taxes of Union Territories

13.24

14.88

16.14

23.10

23.10

23.10

(Without Legislature)

ii) Non-Tax Receipts

1,843.96

1,906.52

2,261.24

3,302.74

2,973.57

3,525.28

of which : Interest Receipts

225.84

252.24

259.11

250.89

305.35

293.82

B. Non-debt Capital Receipts (i+ii)

552.44

154.43

335.42

333.93

399.44

387.58

i) Recovery of Loans & Advances

94.94

146.10

81.49

93.06

242.48

85.35

ii) Disinvestment proceeds

457.50

8.33

253.93

240.87

156.96

302.23

III. Gross Fiscal Deficit [ I - ( IIA + IIB ) ]

1,991.10

4,671.35

6,080.19

5,327.92

7,275.79

7,262.42

Financed by :

A. Institution-wise (i+ii)

1,991.10

4,671.35

6,080.19

5,327.92

7,275.79

7,262.42

i) Domestic Financing (a+b)

1,897.95

4,561.20

5,969.81

5,092.36

7,172.68

7,160.94

a) Net Bank Credit to Government # #

718.9

3,778.2

3,918.5

3,147.10

3,856.51

..

of which : Net RBI Credit to Government

-1,156.32

1,747.89

1,500.06

1,849.69

1,391.83

..

b) Non-Bank Credit to Government

1,179.04

783.05

2,051.28

1,945.26

3,316.18

..

ii) External Financing

93.15

110.15

110.38

235.56

103.11

101.48

No. 54: Combined Receipts and Disbursements of the Central and State Governments (Concld.)

(` billion)

B. Instrument-wise (i+ii)

1,991.10

4,671.35

6,080.19

5,327.92

7,275.79

7,262.42

i) Domestic Financing ( a to g)

1,897.95

4,561.20

5,969.81

5,092.36

7,172.68

7,160.94

a) Market Borrowings (net) @

1,845.25

3,510.16

5,057.12

4,148.39

6,410.11

6,701.56

b) Small Savings (net)

-44.74

-1.38

374.62

545.34

-184.35

-121.22

c) State Provident Funds (net) &

147.62

208.51

350.00

356.81

730.39

328.14

d) Reserve Funds

44.71

-130.56

-113.23

39.16

25.02

101.84

e) Deposits and Advances

-24.47

117.37

178.31

339.61

126.86

72.66

f) Cash Balances ^

-134.08

-89.61

73.73

-173.03

65.45

-401.55

g) Others &&

63.66

946.71

49.26

-163.92

-0.81

479.52

ii) External Financing

93.15

110.15

110.38

235.56

103.11

101.48

IV. I as per cent of GDP

26.4

28.4

28.3

28.0

28.4

27.9

V. II as per cent of GDP

26.7

28.6

28.2

28.2

28.4

28.3

VI. IIA as per cent of GDP

21.3

19.8

18.5

20.6

19.8

20.4

VII. IIA (i) as per cent of GDP

17.6

16.5

15.0

16.3

16.4

16.9

VIII. III as per cent of GDP

4.0

8.3

9.4

6.9

8.2

7.1

BE: Budget Estimates. RE: Revised Estimates. ++ : Represent compensation and assignments by States to local bodies and Panchayati Raj institutions.
@: Borrowing through dated securities and 364-day Treasury Bills.
.. : Budget estimates are not available. ## : As per RBI records.
&: Represent net investment in Central and State Governments’ special securities by the National Small Savings Fund (NSSF).
^: Include Ways and Means Advances of the State governments.
&&: Includes Treasury Bills (excluding 364-day Treasury Bills), loans from financial institutions, insurance and pension funds, remittances, cash balance investment account etc.
(-) : Indicates Surplus / net outflow.
Notes : i) Total disbursements/receipts are net of repayments of the Central Government (including repayments to the NSSF) and State governments.
ii) Total receipts are net of variation in cash balances of the Central and State governments.
iii) Data pertaining to State Governments relate to budgets of 28 State Governments.
iv) Figures for 2007-08 includes `343.09 billion under non-debt capital receipts and ` 355.31 billion under development capital outlay on account of transactions relating to transfer of RBI’s stake in SBI to the Government.
Source : Budget Documents of Central and State Governments.