A : Measures of Deficit of State Governments |
(` billion) |
Year |
Fiscal Deficit |
Primary Deficit |
Net Reserve
Bank Credit # |
Revenue
Deficit |
Gross |
Net |
Gross |
Net |
1 |
2 |
3 |
4 |
5 |
6 |
7 |
1990-91 |
187.9 |
145.3 |
101.3 |
82.8 |
4.2 |
53.1 |
1995-96 |
308.7 |
268.5 |
90.3 |
107.9 |
0.2 |
86.2 |
2000-01 |
879.2 |
855.8 |
369.4 |
455.5 |
-10.9 |
553.2 |
2007-08 |
754.6 |
689.6 |
-243.8 |
-182.3 |
11.4 |
-429.4 |
2008-09 |
1,345.9 |
1,296.9 |
316.3 |
430.9 |
-16.1 |
-126.7 |
2009-10 |
1,888.2 |
1,794.2 |
760.1 |
819.1 |
1.9 |
310.2 |
2010-11 |
1,602.2 |
1,464.0 |
355.8 |
373.9 |
25.2 |
-50.9 |
2011-12 (RE) |
2,073.8 |
1,884.9 |
680.4 |
693.7 |
-15.3 |
-65.9 |
2012-13 (BE) |
2,152.5 |
1,944.0 |
693.7 |
583.4 |
… |
-425.9 |
As Percentage to GDP at Current Market Prices |
1990-91 |
3.3 |
2.6 |
1.8 |
1.5 |
0.1 |
0.9 |
1995-96 |
2.6 |
2.3 |
0.8 |
0.9 |
0.0 |
0.7 |
2000-01 |
4.2 |
4.1 |
1.8 |
2.2 |
-0.1 |
2.6 |
2007-08 |
1.5 |
1.4 |
-0.5 |
-0.4 |
0.0 |
-0.9 |
2008-09 |
2.4 |
2.3 |
0.6 |
0.8 |
0.0 |
-0.2 |
2009-10 |
2.9 |
2.8 |
1.2 |
1.3 |
0.0 |
0.5 |
2010-11 |
2.1 |
1.9 |
0.5 |
0.5 |
0.0 |
-0.1 |
2011-12 (RE) |
2.3 |
2.1 |
0.8 |
0.8 |
0.0 |
-0.1 |
2012-13 (BE) |
2.1 |
1.9 |
0.6 |
0.6 |
… |
-0.4 |
B : Select Budgetary Variables of State Governments |
(Per cent) |
Item |
1990-2000
(Average) |
2010-11 |
2011-12
(RE) |
2012-13
(BE) |
1 |
2 |
3 |
4 |
5 |
1. |
Revenue Deficit / GFD |
36.2 |
-2.3 |
-2.9 |
-18.8 |
2. |
Capital Outlay/GFD |
49.2 |
95.3 |
94.2 |
110.2 |
3. |
Non-Developmental Revenue Expenditure / Revenue Receipts |
39.8 |
37.4 |
35.0 |
34.7 |
4. |
Interest Payments/Revenue Receipts |
16.6 |
13.3 |
12.2 |
11.7 |
5. |
States’ Own Revenue/GDP |
6.9 |
7.2 |
7.4 |
7.5 |
|
a) States’ Own Tax Revenue/GDP |
5.2 |
6.0 |
6.2 |
6.3 |
|
b) States’ Own Non Tax Revenue / GDP |
1.7 |
1.2 |
1.2 |
1.2 |
6. |
Current Transfers/GDP |
4.4 |
5.0 |
5.5 |
5.6 |
|
a) States share in Central taxes/GDP |
2.5 |
2.9 |
2.9 |
3.0 |
|
b) Grants from Centre/GDP |
1.9 |
2.1 |
2.5 |
2.6 |
7. |
Developmental Expenditure / GDP |
10.0 |
9.4 |
10.4 |
10.2 |
|
of which : |
|
|
|
|
|
Social Sector Expenditure / GDP |
5.7 |
5.9 |
6.4 |
6.4 |
8. |
Non-Developmental Expenditure / GDP |
4.6 |
4.7 |
4.7 |
4.7 |
9. |
Committed Expenditure/GDP |
3.7 |
4.1 |
4.0 |
4.0 |
10. |
Capital Outlay/GDP |
1.4 |
2.0 |
2.2 |
2.3 |
RE : Revised Estimates. BE : Budget Estimates. GFD : Gross Fiscal Deficit. .. : Not Available.
# : Data pertain to state governments having accounts with the Reserve Bank.
Note: 1. Negative sign (-) indicates surplus in deficit indicators.
2. Committed expenditure comprises expenditure on interest payments, pensions and administrative services.
3. Current transfers includes states share in central taxes and grants from the centre.
4. The net Reserve Bank credit to state governments refers to variations in loans and advances given to them by the Reserve Bank net of their incremental deposits with the Reserve Bank.
Source: Budget documents of the state governments and the Reserve Bank records. |
|