(Rs. crore)
Year	Gross	Net	Revenue	Conven-	Primary	Net RBI Credit
	Fiscal	Fiscal	Deficit	tional	Deficit	to States
	Deficit	Deficit		Deficit
1	2	3	4	5	6	7
1990-91	18,787	14,532	5,309	-72	10,132	420
	(3.3)	(2.6)	(0.9)	(0.0)	(1.8)	(0.1)
1991-92	18,900	15,746	5,651	156	7,956	-340
	(2.9)	(2.4)	(0.9)	(0.0)	(1.2)	(-0.1)
1992-93	20,891	15,769	5,114	-1,829	7,681	176
	(2.8)	(2.1)	(0.7)	(-0.2)	(1.0)	(0.0)
1993-94	20,596	16,263	3,813	462	4,795	591
	(2.4)	(1.9)	(0.4)	(0.1)	(0.6)	(0.1)
1994-95	27,697	23,507	6,156	-4,468	8,284	48
	(2.7)	(2.3)	(0.6)	(-0.4)	(0.8)	(0.0)
1995-96	31,426	26,695	8,201	-2,849	9,494	16
	(2.6)	(2.2)	(0.7)	(-0.2)	(0.8)	(0.0)
1996-97	37,251	33,460	16,114	7,041	11,675	898
	(2.7)	(2.4)	(1.2)	(0.5)	(0.9)	(0.1)
1997-98	44,200	39,135	16,333	-2,103	14,087	-1,936
	(2.9)	(2.6)	(1.1)	(-0.1)	(0.9)	(-0.1)
1998-99	74,254	66,209	43,642	3,520	38,381	5,579
	(4.2)	(3.8)	(2.5)	(0.2)	(2.2)	(0.3)
1999-2000	91,480	79,309	53,797	3,113	46,309	1,312
	(4.7)	(4.1)	(2.7)	(0.2)	(2.4)	(0.1)
2000-2001	89,532	84,698	53,569	-2,346	37,830	-1,092
	(4.3)	(4.1)	(2.6)	(-0.1)	(1.8)	(-0.1)
2001-02	95,994	91,457	59,188	3,426	33,488	3,451
	(4.2)	(4.0)	(2.6)	(0.2)	(1.5)	(-0.2)
2002-03	1,02,700	91,759	48,079	5,031	30,414	—
(B.E)	(4.0)	(3.6)	(1.9)	(0.2)	(1.2)
2002-03	1,16,636	102,805	61,240	5,190	42,445	-3,100
(R.E)	(4.7)	(4.2)	(2.5)	(0.2)	(1.7)	(-0.1)
2003-04	1,16,175	104,043	48,326	7,135	33,251	—
(B.E)	(4.2)	(3.8)	(1.8)	(0.3)	(1.2)

RE: Revised Estimates BE: Budget Estimates (-) Indicates surplus. ‘— : Not Available

Notes :

1.Conventional Deficit or Overall deficit represents the difference between aggregate disbursements and aggregate receipts. Aggregate receipts include

(i) Revenue receipts
(ii) capital receipts excluding ways and means advances and overdrafts from Reserve Bank of India (RBI) and
(iii) Net receipts under Public Account excluding withdrawals from Cash Balance Investment Account and Cash Balances. Aggregate disbursement include (i) Revenue expenditure and (ii) capital disbursements excluding repayments of ways and means advances and overdrafts from RBI; additions to Cash Balance Investment Account and Cash Balances are excluded.

2.Revenue deficit is the difference between revenue expenditure and revenue receipts.

3.GFD is the difference between aggregate disbursements net of debt repayments and recovery of loans and revenue receipts and non- debt capital receipts

4.Net Fiscal Deficit is the difference between Gross Fiscal Deficit and Net Lending.

5.Primary deficit is GFD less interest payments.

6.Figures in brackets are percentages to GDP at current market prices.

7.All figures are rounded-off.

Source : Budget Documents of State Governments and the Reserve Bank of India records.