Finances of Government of India : 1999-2000 (Part 4 of 4) - ربی - Reserve Bank of India
Finances of Government of India : 1999-2000 (Part 4 of 4)
Table 5 : Central Plan Outlay by Heads of Development |
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(Rs. crore) |
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Items |
1997-98 |
1998-99 |
1998-99 |
1999-2000 |
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Variation |
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(Revised Estimates) |
(Budget Estimates) |
(Revised Estimates) |
(Budget Estimates) |
Col.4 over Col.3 |
Col.4 over Col.2 |
Col.5 over Col.4 |
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Amount |
Per cent |
Amount |
Per cent |
Amount |
Per cent |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
1 |
Agriculture |
2,756 |
3,864 |
2,777 |
3,736 |
- 1,087 |
- 28.1 |
21 |
0.8 |
959 |
34.5 |
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(3.4) |
(3.7) |
(3.1) |
(3.6) |
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2 |
Rural Development |
6,949 |
8,182 |
7,736 |
7,843 |
- 446 |
- 5.5 |
787 |
11.3 |
107 |
1.4 |
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(8.6) |
(7.8) |
(8.7) |
(7.6) |
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3 |
Irrigation and Flood Control |
268 |
374 |
345 |
348 |
- 29 |
- 7.8 |
77 |
28.7 |
3 |
0.9 |
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(0.3) |
(0.4) |
(0.4) |
(0.3) |
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4 |
Energy |
21,129 |
30,082 |
23,979 |
27,381 |
- 6,103 |
- 20.3 |
2,850 |
13.5 |
3,402 |
14.2 |
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(26.1) |
(28.6) |
(27.1) |
(26.4) |
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of which : |
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a) |
Power |
7,423 |
10,905 |
8,822 |
11,231 |
- 2,083 |
- 19.1 |
1,399 |
18.8 |
2,409 |
27.3 |
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(9.2) |
(10.4) |
(10.0) |
(10.8) |
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b) |
Petroleum |
10,915 |
14,733 |
11,938 |
11,785 |
- 2,795 |
- 19.0 |
1,023 |
9.4 |
- 153 |
- 1.3 |
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(13.5) |
(14.0) |
(13.5) |
(11.4) |
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5 |
Industry and Minerals |
10,771 |
11,551 |
7,955 |
8,672 |
- 3,596 |
- 31.1 |
- 2,816 |
- 26.1 |
717 |
9.0 |
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(13.3) |
(11.0) |
(9.0) |
(8.4) |
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6 |
Transport |
12,985 |
16,186 |
14,397 |
16,850 |
- 1,789 |
- 11.1 |
1,412 |
10.9 |
2,453 |
17.0 |
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(16.0) |
(15.4) |
(16.3) |
(16.3) |
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7 |
Communications |
11,137 |
14,878 |
13,467 |
16,811 |
- 1,411 |
- 9.5 |
2,330 |
20.9 |
3,344 |
24.8 |
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(13.7) |
(14.1) |
(15.2) |
(16.2) |
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8 |
Science, Technology and |
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Environment |
1,965 |
2,766 |
2,389 |
2,988 |
- 377 |
- 13.6 |
424 |
21.6 |
599 |
25.1 |
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(2.4) |
(2.6) |
(2.7) |
(2.9) |
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9 |
Social Services * |
12,115 |
16,010 |
14,240 |
17,365 |
- 1,770 |
- 11.1 |
2,125 |
17.5 |
3,125 |
21.9 |
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(15.0) |
(15.2) |
(16.1) |
(16.8) |
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10 |
Others |
958 |
1,294 |
1,197 |
1,527 |
- 97 |
- 7.5 |
239 |
24.9 |
330 |
27.6 |
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(1.2) |
(1.2) |
(1.4) |
(1.5) |
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Total (1 to 10) |
81,033 |
105,187 |
88,482 |
103,521 |
- 16,705 |
- 15.9 |
7,449 |
9.2 |
15,039 |
17.0 |
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(100.0) |
(100.0) |
(100.0) |
(100.0) |
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To be financed by : |
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1 |
Budgetary Support |
33,629 |
42,464 |
38,263 |
44,000 |
- 4,201 |
- 9.9 |
4,634 |
13.8 |
5,737 |
15.0 |
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(41.5) |
(40.4) |
(43.2) |
(42.5) |
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2 |
Internal and Extra Budgetary |
47,404 |
62,723 |
50,219 |
59,521 |
- 12,504 |
- 19.9 |
2,815 |
5.9 |
9,302 |
18.5 |
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Resources (IEBR) of Public |
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Sector Enterprises, etc. |
(58.5) |
(59.6) |
(56.8) |
(57.5) |
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Note |
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Figures in brackets represent percentage to total. |
* |
: |
Provisions for Indira Awas Yojana and National Social Assistance Programme made under Social services sector are included in Rural Development Sector. |
Source |
: |
Budget documents of the Government of India, 1999-2000. |
Table 6 : Resources Transferred to States and Union Territory Governments |
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(Rs. crore) |
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Items |
1997-98 |
1998-99 |
1998-99 |
1999-2000 |
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Variation |
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(Accounts) |
(Budget Estimates) |
(Revised Estimates) |
(Budget Estimates) |
Col.4 over Col.3 |
Col.4 over Col.2 |
Col.5 over Col.4 |
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Amount |
Per cent |
Amount |
Per cent |
Amount |
Per cent |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
10 |
11 |
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A. |
States' Share in Central |
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Taxes and Duties (a+b+c) |
43,548 |
40,854 |
39,163 |
44,495 |
- 1,691 |
- 4.1 |
- 4,385 |
- 10.1 |
5,332 |
13.6 |
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a) |
Income Tax |
13,508 |
14,696 |
14,873 |
16,987 |
177 |
1.2 |
1,365 |
10.1 |
2,114 |
14.2 |
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b) |
Voluntary Disclosure of |
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Income Scheme, 1997 |
7,594 |
- 750 |
- 375 |
- |
375 |
- 50.0 |
- 7,969 |
- 104.9 |
375 |
- |
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c) |
Union Excise Duties |
22,446 |
26,908 |
24,665 |
27,508 |
- 2,243 |
- 8.3 |
2,219 |
9.9 |
2,843 |
11.5 |
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B. |
Total Grants (i+ii) |
30,452 |
28,223 |
25,704 |
31,648 |
- 2,519 |
- 8.9 |
- 4,748 |
- 15.6 |
5,944 |
23.1 |
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i) Plan |
25,972 |
21,428 |
21,128 |
23,450 |
- 300 |
- 1.4 |
- 4,844 |
- 18.7 |
2,322 |
11.0 |
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ii) Non-Plan @ |
4,480 |
6,795 |
4,576 |
8,198 |
- 2,219 |
- 32.7 |
96 |
2.1 |
3,622 |
79.2 |
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C. |
Total Non-Plan Loans * | 15,817 |
14,293 |
23,897 |
121 |
9,604 |
67.2 |
8,080 |
51.1 |
- |
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of which : |
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Loans against Small Savings, Collections etc. |
15,055 |
14,200 |
23,788 |
$ |
9,588 |
67.5 |
8,733 |
58.0 |
- |
- |
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D. |
Plan Loans (i+ii) |
14,644 |
14,824 |
14,507 |
16,254 |
- 317 |
- 2.1 |
- 137 |
- 0.9 |
1,747 |
12.0 |
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i) |
Assistance for State and |
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Union Territory Plans ** |
N.A. |
14,623 |
14,325 |
16,046 |
- 298 |
- 2.0 |
- |
- |
1,721 |
12.0 |
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ii) |
Assistance for Central and |
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Centrally Sponsored Plan |
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Schemes |
N.A. |
201 |
182 |
208 |
- 19 |
- 9.5 |
- |
- |
26 |
14.3 |
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E. |
Gross Transfers (A to D) |
104,461 |
98,194 |
103,271 |
92,518 |
5,077 |
5.2 |
- 1,190 |
- 1.1 |
- 10,753 |
- 10.4 |
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F. |
Recovery of Loans & |
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Advances |
6,033 |
7,906 |
8,213 |
8,711 |
307 |
3.9 |
2,180 |
36.1 |
498 |
6.1 |
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G. |
Net Resources Transferred |
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to State and Union Territory |
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Governments (E-F) |
98,428 |
90,288 |
95,058 |
83,807 |
4,770 |
5.3 |
- 3,370 |
- 3.4 |
- 11,251 |
- 11.8 |
@ |
: Inclusive of subsidies released through States. |
* |
: Net of recovery of short-term loans and advances. |
** |
: Excludes provisions for Union Territories without Legislature, Rural Electrification Corporation and North Eastern Council. |
N.A. |
: Not available. |
$ |
: Please refer to the Footnote given in Table 3. |
Source : Budget documents of the Government of India, 1999-2000. |
Table 7 : Key Fiscal Indicators |
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(Rs. crore) |
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1992-93 |
1993-94 |
1994-95 |
1995-96 |
1996-97 |
1997-98 |
1998-99 |
1999-2000 |
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Items |
(Accounts) |
(Accounts) |
(Accounts) |
(Accounts) |
(Accounts) |
(Accounts) |
(Revised |
(Budget |
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Estimates) |
Estimates) |
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1 |
2 |
3 |
4 |
5 |
6 |
7 |
8 |
9 |
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1 |
Conventional Deficit/Drawing |
12,312 |
10,960 |
961 |
9,807 |
13,184 |
- 910 |
3,234 |
.. |
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down of Cash Balances |
(1.6) |
(1.2) |
(0.1) |
(0.8) |
(0.9) |
(- 0.1) |
(0.2) |
(-) |
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2 |
Gross Fiscal Deficit |
40,173 |
60,257 |
57,703 |
60,243 |
66,733 |
88,937 |
103,737 |
79,955+ |
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(5.2) |
(6.9) |
(5.6) |
(4.9) |
(4.7) |
(5.7) |
(5.8) |
(4.0) |
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3 |
Revenue Deficit |
18,574 |
32,716 |
31,029 |
29,731 |
32,654 |
46,449 |
60,474 |
54,147 |
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(2.4) |
(3.7) |
(3.0) |
(2.4) |
(2.3) |
(3.0) |
(3.4) |
(2.7) |
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4 |
Monetised Deficit # |
4,257 |
260 |
2,130 |
19,855 |
1,934 |
12,914 |
16,750* |
N. A. |
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(0.6) |
( .. ) |
(0.2) |
(1.6) |
(0.1) |
(0.8) |
(1.1) |
(-) |
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5 |
Gross Primary Deficit |
9,098 |
23,516 |
13,643 |
10,198 |
7,255 |
23,300 |
26,489 |
- 8,045 |
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(1.2) |
(2.7) |
(1.3) |
(0.8) |
(0.5) |
(1.5) |
(1.5) |
(- 0.4) |
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6 |
Net Primary Deficit |
11,644 |
24,331 |
12,050 |
10,806 |
9,022 |
22,748 |
24,284 |
13,581 |
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(1.5) |
(2.8) |
(1.2) |
(0.9) |
(0.6) |
(1.5) |
(1.4) |
(0.7) |
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7 |
Subsidies |
11,995 |
12,682 |
12,932 |
13,372 |
16,125 |
19,487 |
24,684 |
23,837 |
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of which : |
(1.6) |
(1.4) |
(1.2) |
(1.1) |
(1.1) |
(1.2) |
(1.4) |
(1.2) |
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i) |
Food |
2,800 |
5,537 |
5,100 |
5,377 |
6,066 |
7,900 |
9,100 |
8,560 |
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(0.4) |
(0.6) |
(0.5) |
(0.4) |
(0.4) |
(0.5) |
(0.5) |
(0.4) |
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ii) |
Fertiliser |
5,796 |
4,562 |
5,241 |
6,235 |
5,906 |
7,322 |
7,598 |
8,750 |
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(0.8) |
(0.5) |
(0.5) |
(0.5) |
(0.4) |
(0.5) |
(0.4) |
(0.4) |
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iii) |
Export |
818 |
665 |
658 |
318 |
397 |
420 |
575 |
630 |
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(0.1) |
(0.1) |
(0.1) |
( .. ) |
( .. ) |
( .. ) |
( .. ) |
( .. ) |
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8 |
Defence Expenditure |
17,582 |
21,845 |
23,245 |
26,856 |
29,505 |
35,278 |
41,200 |
45,694 |
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(2.3) |
(2.5) |
(2.2) |
(2.2) |
(2.1) |
(2.3) |
(2.3) |
(2.3) |
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9 |
Interest Payments |
31,075 |
36,741 |
44,060 |
50,045 |
59,478 |
65,637 |
77,248 |
88,000 |
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(4.0) |
(4.2) |
(4.2) |
(4.1) |
(4.2) |
(4.2) |
(4.3) |
(4.4) |
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10 |
Total Non-Plan Expenditure |
85,958 |
98,191 |
113,361 |
131,901 |
147,473 |
172,991 |
213,541 |
206,882 $ |
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(11.2) |
(11.2) |
(10.9) |
(10.8) |
(10.5) |
(11.1) |
(12.0) |
(10.3) |
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11 |
Budgetary Support to Public |
6,576 |
7,451 |
8,205 |
6,418 |
6,834 |
7,555 |
7,576 |
8,637 |
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Enterprises @ |
(0.9) |
(0.8) |
(0.8) |
(0.5) |
(0.5) |
(0.5) |
(0.4) |
(0.4) |
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12 |
Direct Taxes (Net to Centre) |
12,075 |
12,522 |
18,409 |
22,287 |
25,374 |
27,172 |
35,356 |
42,248 |
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As per cent of total tax revenue |
22.3 |
23.4 |
27.3 |
27.2 |
27.1 |
28.4 |
32.3 |
31.9 |
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13 |
Indirect Taxes (Net to Centre) |
41,969 |
40,927 |
49,045 |
59,652 |
68,327 |
68,500 |
74,181 |
90,117 |
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As per cent of total tax revenue |
77.7 |
76.6 |
72.7 |
72.8 |
72.9 |
71.6 |
67.7 |
68.1 |
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14 |
Interest Receipts |
12,487 |
15,078 |
15,797 |
18,419 |
22,106 |
25,323 |
30,544 |
33,034 |
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(1.6) |
(1.7) |
(1.5) |
(1.5) |
(1.6) |
(1.6) |
(1.7) |
(1.7) |
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15 |
Interest Payments as |
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per cent of Revenue receipts |
41.9 |
48.7 |
48.4 |
45.4 |
47.1 |
49.0 |
49.0 |
48.1 |
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16 |
Revenue Deficit as per cent of Gross |
46.2 |
54.3 |
53.8 |
49.4 |
48.9 |
52.2 |
58.3 |
67.7 |
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17 |
Monetised Deficit as per cent of Gross |
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Fiscal Deficit |
10.6 |
0.4 |
3.7 |
33.0 |
2.9 |
14.5 |
18.5 |
- |
# |
: |
According to Reserve Bank of India Records. |
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* |
: |
Upto March 19, 1999. |
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@ |
: |
Figures relate to revised estimates for all years except 1999-2000. |
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+ |
: |
The Fiscal Deficit excludes the transfer of share of net Small Savings Collections, which will be paid from the Public Account. On the same basis as earlier years, the fiscal deficit is Rs. 1,04,955 crore. Consequently, the Primary Deficit on the same basis is Rs. 16,955 crore. |
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$ |
: |
Please refer to the Footnote given in Table 3. |
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. . |
: |
Negligible. |
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N. A. |
: |
Not available. |
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Note |
: |
Figures in brackets are per cent to GDP, based on new series (Base : 1993-94). |
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Source |
: Budget documents of the Government of India,1999-2000. |