(₹ Crore)

Item

2018-19

2019-20

2020-21

2021-22

2022-23 RE

2023-24 BE

1

2

3

4

5

6

1 Total Disbursements

5040747

5410887

6353359

7098451

8376972

9045119

1.1 Developmental

2882758

3074492

3823423

4189146

5073367

5426440

1.1.1 Revenue

2224367

2446605

3150221

3255207

3838714

3836447

1.1.2 Capital

596774

588233

550358

861777

1146013

1471534

1.1.3 Loans

61617

39654

122844

72163

88639

118460

1.2 Non-Developmental

2078276

2253027

2442941

2810388

3188699

3490946

1.2.1 Revenue

1965907

2109629

2271637

2602750

2988556

3277722

1.2.1.1 Interest Payments

894520

955801

1060602

1226672

1403183

1589435

1.2.2 Capital

111029

141457

169155

175519

196688

208268

1.2.3 Loans

1340

1941

2148

32119

3455

4957

1.3 Others

79713

83368

86995

98916

114906

127733

2 Total Receipts

5023352

5734166

6397162

7156342

8258187

9149787

2.1 Revenue Receipts

3797731

3851563

3688030

4823821

5706246

6337126

2.1.1 Tax Receipts

3278947

3231582

3193390

4160414

4837048

5477428

2.1.1.1 Taxes on commodities and services

2030050

2012578

2076013

2626553

2967610

3372525

2.1.1.2 Taxes on Income and Property

1246083

1216203

1114805

1530636

1865298

2100430

2.1.1.3 Taxes of Union Territories (Without Legislature)

2814

2800

2572

3225

4140

4473

2.1.2 Non-Tax Receipts

518783

619981

494640

663407

869198

859698

2.1.2.1 Interest Receipts

36273

31137

33448

35250

37974

45199

2.2 Non-debt Capital Receipts

140287

110094

64994

44077

88273

119373

2.2.1 Recovery of Loans & Advances

44667

59515

16951

27665

25661

34501

2.2.2 Disinvestment proceeds

95621

50578

48044

16412

62611

84872

3 Gross Fiscal Deficit [ 1 - ( 2.1 + 2.2 ) ] 3A Sources of Financing: Institution-wise

1102729

1449230

2600335

2230553

2582453

2588620

3A.1 Domestic Financing

1097210

1440548

2530155

2194406

2558579

2566503

3A.1.1 Net Bank Credit to Government 3A.1.1.1 Net RBI Credit to Government

387091

571872

890012

627255

687904

...

3A.1.2 Non-Bank Credit to Government

325987

190241

107493

350911

529

...

3A.2 External Financing

710119

868676

1640143

1567151

1870675

...

3B Sources of Financing: Instrument-wise

5519

8682

70180

36147

23874

22118

3B.1 Domestic Financing

1097210

1440548

2530155

2194406

2558579

2566503

3B.1.1 Market Borrowings (net)

795845

971378

1696012

1213169

1776747

1902862

3B.1.2 Small Savings (net)

88961

209232

458801

526693

403838

441189

3B.1.3 State Provident Funds (net)

51004

38280

41273

28100

36454

37114

3B.1.4 Reserve Funds

-18298

10411

4545

42153

3524

24429

3B.1.5 Deposits and Advances

66289

-14227

25682

42203

82485

58404

3B.1.6 Cash Balances

17395

-323279

-43802

-57891

118784

-104667

3B.1.7 Others

96014

548753

347643

399980

136748

207172

3B.2 External Financing

5519

8682

70180

36147

23874

22118

4 Total Disbursements as per cent of GDP

26.7

26.9

32.0

30.1

31.1

30.0

5 Total Receipts as per cent of GDP

26.6

28.5

32.2

30.3

30.6

30.3

6 Revenue Receipts as per cent of GDP

20.1

19.2

18.6

20.4

21.2

21.0

7 Tax Receipts as per cent of GDP

17.3

16.1

16.1

17.6

17.9

18.2

8 Gross Fiscal Deficit as per cent of GDP

5.8

7.2

13.1

9.5

9.6

8.6

… : Not available; RE: Revised Estimates; BE: Budget Estimates Source : Budget Documents of Central and State Governments.
Note: GDP data is based on 2011-12 base. GDP for 2023-24 is from Union Budget 2023-24. Data pertains to all States and Union Territories.
1 & 2: Data are net of repayments of the Central Government (including repayments to the NSSF) and State Governments.
1.3: Represents compensation and assignments by States to local bodies and Panchayati Raj institutions.
2: Data are net of variation in cash balances of the Central and State Governments and includes borrowing receipts of the Central and State Governments. 3A.1.1: Data as per RBI records.
3B.1.1: Borrowings through dated securities.
3B.1.2: Represent net investment in Central and State Governments’ special securities by the National Small Savings Fund (NSSF). This data may vary from previous publications due to adjustments across components with availability of new data.
3B.1.6: Include Ways and Means Advances by the Centre to the State Governments.
3B.1.7: Include Treasury Bills, loans from financial institutions, insurance and pension funds, remittances, cash balance investment account.