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Table 113 : States’ Gross Fiscal Deficit and its Financing

(` Billion)

Year

GFD Receipts

GFD Expenditure

Gross Fiscal Deficit (3-2)

Financing of Gross Fiscal Deficit

Loans from Central Government

Market Borrowings

Special Securities Issued to NSSF

Others

1

2

3

4

5

6

7

8

1985-86

334.24

409.45

75.21

57.57

10.10

-

7.54

1986-87

382.26

474.95

92.69

47.86

11.47

-

33.36

1987-88

440.01

552.20

112.19

58.32

15.23

-

38.64

1988-89

504.21

620.93

116.72

58.18

19.73

-

38.81

1989-90

565.35

719.68

154.33

79.17

22.98

-

52.18

1990-91

664.67

852.54

187.87

99.78

25.56

-

62.53

1991-92

805.36

994.35

189.00

93.73

33.05

-

62.22

1992-93

910.90

1119.82

208.92

89.21

35.00

-

84.71

1993-94

1049.97

1253.61

203.64

94.00

36.20

-

73.44

1994-95

1203.03

1476.11

273.08

142.50

40.75

-

89.83

1995-96

1345.07

1653.77

308.70

140.75

58.88

-

109.07

1996-97

1502.34

1867.95

365.61

166.96

65.15

-

133.50

1997-98

1668.20

2102.94

434.74

226.49

72.80

-

135.45

1998-99

1732.92

2465.87

732.95

303.50

104.67

-

324.78

1999-00

2029.27

2930.26

900.98

121.78

126.64

264.16

388.40

2000-01

2325.09

3204.32

879.22

83.24

125.19

326.06

344.73

2001-02

2494.22

3436.82

942.61

108.95

172.49

356.48

304.68

2002-03

2736.74

3734.00

997.27

-3.72

284.84

489.66

226.49

2003-04

3091.87

4298.16

1206.31

139.40

472.86

180.03

414.02

2004-05

3635.12

4712.86

1077.74

-97.81

345.59

641.92

188.04

2005-06

4310.30

5211.14

900.84

-0.44

153.05

738.15

10.08

2006-07

5324.62

6099.71

775.09

-88.87

130.83

560.23

172.89

2007-08

6307.03

7061.57

754.55

-9.33

539.25

58.53

166.10

2008-09

6949.23

8295.12

1345.89

-7.61

1040.41

14.79

298.30

2009-10

7689.49

9577.67

1888.19

-17.00

1126.48

241.58

537.13

2010-11

9365.88

10980.50

1614.61

7.10

887.76

386.26

333.49

2011-12

10991.96

12675.50

1683.53

1.80

1353.96

-80.64

408.40

2012-13

13422.79

15756.90

2334.11

68.63

1683.89

-82.69

664.30

2013-14

15262.56

17713.02

2450.46

99.34

2161.78

-65.99

255.30

Notes : 1. Data for 2012-13 relate to Revised Estimates while 2013-14 are Budget Estimates.
2. Receipts include revenue receipts and non-debt capital receipts other than recoveries.
3. Expenditure includes revenue expenditure, capital outlay and loans and advances, net of recoveries.
4. All figures of Financing of Gross Fiscal Deficit are on a net basis.
5. Others consist of State Provident Fund, loans from financial institutions, reserve funds, deposits and advances, etc.
6. With the change in the system of accounting with effect from 1999-2000, States’ share in small savings which was included earlier under loans from the Centre is shown separately as special securities issued to National Small Savings Fund (NSSF) under internal debt.
Also see Notes on Tables.
Source :Budget documents of the State Governments.

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