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Table 7 : Decomposition of Gross Fiscal Deficit

(Rs. crore)


Year

Revenue

Capital

Net

GFD

 

Deficit

Outlay

Lending

(2+3+4)


1

2

3

4

5


1990-91

5,309.0

9,223.0

4,255.0

18,787.0

 

(28.3)

(49.1)

(22.6)

(100.0)

         

1991-92

5,651.0

10,096.0

3,153.0

18,900.0

 

(29.9)

(53.4)

(16.7)

(100.0)

         

1992-93

5,114.1

10,654.6

5,122.6

20,891.3

 

(24.5)

(51.0)

(24.5)

(100.0)

         

1993-94

3,812.5

12,450.2

4,333.3

20,596.0

 

(18.5)

(60.4)

(21.0)

(100.0)

         

1994-95

6,156.2

17,351.0

4,189.7

27,696.9

 

(22.2)

(62.6)

(15.1)

(100.0)

         

1995-96

8,200.6

18,494.8

4,730.5

31,425.9

 

(26.1)

(58.9)

(15.1)

(100.0)

         

1996-97

16,113.5

17,539.7

3,791.2

37,251.2*

 

(43.3)

(47.1)

(10.2)

(100.5)

         

1997-98

16,332.9

22,802.0

5,065.0

44,199.9

 

(37.0)

(51.6)

(11.5)

(100.0)

         

1998-99

43,641.8

23,072.3

8,044.6

74,253.8*

 

(58.8)

(31.1)

(10.8)

(100.7)

         

1999-2000

53,797.0

25,512.1

12,171.2

91,480.3

 

(58.8)

(27.9)

(13.3)

(100.0)

         

2000-01

53,568.6

31,129.5

4,833.9

89,532.0

 

(59.8)

(34.8)

(5.4)

(100.0)

         

2001-02

60,539.9

38,333.5

7,721.4

106,594.7

(Revised Estimates)

(56.8)

(36.0)

(7.2)

(100.0)

         

2002-03

48,222.9

43,684.4

10,940.3

102,847.6

(Budget Estimates)

(46.9)

(42.5)

(10.6)

(100.0)


 

*

Sum of components will not add up to total GFD due to inclusion of disinvestment proceeds of PSUs to the extent of Rs. 193.2 crore in 1996-97 and Rs.504.9 crore in 1998-99.

Note:

Figures in brackets are percentages to total borrowing requirements (GFD).

Source:

Budget Documents of State Governments.

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