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Table 99 : Key Deficit Indicators of the Central Government

(₹ Billion)
Year Gross fiscal deficit Net fiscal deficit Gross primary deficit Net primary deficit Revenue deficit Primary revenue deficit Drawdown of cash balances Net RBI credit
1 2 3 4 5 6 7 8 9
1977-78 36.80 18.13 20.34 16.08 -4.30 -20.76 9.32 -2.60
1978-79 57.10 21.26 37.26 15.69 -2.92 -22.76 15.06 21.91
1979-80 63.92 31.33 41.00 22.01 6.94 -15.98 24.33 26.50
1980-81 82.99 51.10 56.95 43.01 20.37 -5.67 24.77 35.51
1981-82 86.66 45.91 54.71 36.11 3.92 -28.03 14.00 32.07
1982-83 106.27 59.73 66.89 48.87 13.08 -26.30 16.56 33.68
1983-84 130.30 77.70 82.35 56.43 25.40 -22.55 14.17 39.49
1984-85 174.16 109.72 114.42 89.61 42.25 -17.49 37.45 60.55
1985-86 218.58 135.44 143.46 106.27 58.89 -16.23 53.16 61.90
1986-87 263.42 170.36 170.96 131.43 77.77 -14.69 82.61 70.91
1987-88 270.44 184.31 157.93 129.35 91.37 -21.14 58.16 65.59
1988-89 309.23 207.70 166.45 134.73 105.15 -37.63 56.42 65.03
1989-90 356.32 237.22 178.75 144.39 119.14 -58.43 105.92 138.13
1990-91 446.32 306.92 231.34 179.24 185.62 -29.36 113.47 147.46
1991-92 363.25 246.22 97.29 89.61 162.61 -103.35 68.55 55.08
1992-93 401.73 302.32 90.98 116.44 185.74 -125.01 123.12 42.57
1993-94 602.57 459.94 235.16 243.31 327.16 -40.25 109.60 2.60
1994-95 577.03 403.13 136.44 120.50 310.29 -130.31 9.61 21.30
1995-96 602.43 424.32 101.98 108.06 297.31 -203.14 98.07 198.55
1996-97 667.33 463.94 72.55 90.22 326.54 -268.24 131.84 19.34
1997-98 889.37 630.62 233.00 227.48 464.49 -191.88 -9.10 129.14
1998-99 1133.49 799.44 354.66 321.38 669.76 -109.06 -2.09 118.00
1999-00 1047.16 899.10 144.67 335.56 675.96 -226.53 8.64 -55.88
2000-01 1188.16 1078.54 195.02 413.51 852.34 -140.80 -11.97 67.05
2001-02 1409.55 1230.74 334.95 511.52 1001.62 -72.98 -14.96 -51.50
2002-03 1450.72 1338.29 272.68 536.47 1078.79 -99.25 18.83 -283.99
2003-04 1232.73 1155.58 -8.15 300.08 982.61 -258.27 -39.42 -760.65
2004-05 1257.94 1262.52 -11.40 317.05 783.38 -485.96 -14.61 -601.77
2005-06 1464.35 1457.43 138.05 351.45 923.00 -403.31 -208.88 284.17
2006-07 1425.73 1512.45 -76.99 234.97 802.22 -700.50 45.17 -30.24
2007-08 1269.12 1207.14 -441.18 -292.56 525.69 -1184.61 -271.71 -1156.32
2008-09 3369.92 3290.24 1447.88 1575.37 2535.39 613.35 438.34 1747.89
2009-10 4184.82 4114.48 2053.89 2201.39 3389.98 1259.05 -13.86 1500.06
2010-11 3735.91 3610.26 1395.69 1467.38 2522.52 182.30 64.30 1849.69
2011-12 5159.90 5141.03 2428.40 2612.05 3943.48 1211.98 -159.90 1391.83
2012-13 4901.90 4844.50 1770.20 1920.41 3642.82 511.12 -510.12 548.40
2013-14 5028.58 4961.57 1286.04 1437.71 3570.48 -172.06 -191.71 1081.30
2014-15 5108.17 4953.37 1083.73 1166.27 3656.11 -368.33 777.52 -3341.85
2015-16 5350.90 5274.82 924.69 1080.04 3415.89 -1010.31 -220.84 604.72
2016-17 5339.04 5166.61 412.34 536.11 3540.15 -1386.55 131.95 -
Notes : 1. Data for 2015-16 are Revised Estimates and data for 2016-17 are Budget Estimates.
2. Primary Revenue Deficit is Revenue Deficit net of interest payments.
3. Drawdown of cash balances represents conventional budget deficit prior to 1997-98. With discontinuation of the ad hoc treasury bills and 91-day treasury bills, the concept of conventional budget deficit has lost its relevance since April 1,1997.
4. Net RBI Credit represents variation over end-March, as per RBI records, after closure of Government accounts.
5. Negative (-) sign indicates surplus.
6. Since 1999-2000, Gross Fiscal Deficit excludes States’ share in Small Savings as per the new system of accounting.
Also see Notes on Tables.
Source : Budget documents of the Government of India.

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