Annual Report

(As per cent to GDP)

Year

Primary Deficit

Revenue Deficit

Primary Revenue Deficit

Gross Fiscal Deficit

Outstanding Liabilities@

Outstanding Liabilities$

1

2

3

4

5

6

7

Centre

1990-91

3.9

3.2

-0.5

7.6

53.7

59.6

1995-96

0.8

2.4

-1.7

4.9

49.4

57.3

2000-01

0.9

3.9

-0.6

5.5

53.9

59.4

2007-08

-0.9

1.1

-2.4

2.5

56.9

58.9

2008-09

2.6

4.5

1.1

6.0

56.1

58.6

2009-10

3.2

5.2

1.9

6.5

54.5

56.3

2010-11

1.8

3.2

0.2

4.8

50.5

52.1

2011-12

2.7

4.4

1.4

5.7

50.0

51.7

2012-13

1.8

3.6

0.5

4.8

50.1

51.7

2013-14 RE

1.3

3.3

-0.1

4.6

49.2

50.9

2013-14 PA

1.2

3.2

-0.2

4.5

 -

-

2014-15 BE

0.8

2.9

0.0

4.1

48.3

49.8

States*

1990-91

1.7

0.9

-0.6

3.2

21.9

21.9

1995-96

0.7

0.7

-1.1

2.5

20.3

20.3

2000-01

1.7

2.5

0.2

4.0

27.3

27.3

2007-08

-0.5

-0.9

-2.9

1.5

26.6

26.6

2008-09

0.6

-0.2

-2.1

2.4

26.1

26.1

2009-10

1.2

0.5

-1.3

2.9

25.5

25.5

2010-11

0.5

0.0

-1.6

2.1

23.5

23.5

2011-12

0.4

-0.3

-1.8

1.9

22.1

22.1

2012-13

0.4

-0.2

-1.7

1.9

21.7

21.7

2013-14 RE

0.9

0.0

-1.6

2.4

21.5

21.5

2014-15 BE

0.8

-0.4

-1.9

2.3

21.3

21.3

Combined*

1990-91

4.9

4.1

-0.2

9.1

62.9

68.9

1995-96

1.5

3.1

-1.7

6.3

59.4

67.3

2000-01

3.5

6.4

0.6

9.2

68.2

73.7

2007-08

-1.2

0.2

-5.0

4.0

69.5

71.4

2008-09

3.3

4.3

-0.8

8.3

69.7

72.2

2009-10

4.5

5.7

2.4

9.3

68.8

70.6

2010-11

2.4

3.2

-1.3

6.9

64.0

65.5

2011-12

3.2

4.1

-0.4

7.6

63.5

65.2

2012-13

2.3

3.4

-1.1

6.8

63.9

65.4

2013-14 RE

2.2

3.2

-1.6

7.0

63.7

65.4

2014-15 BE

1.7

2.6

-2.2

6.4

63.4

64.9

–: Not available. RE: Revised Estimates. BE: Budget Estimates. PA: Provisional Accounts.
*: Data from 2012-13 onwards are provisional and pertain to budgets of 26 state governments out of which 5 are Vote on Account.
@: Includes external liabilities of the centre calculated at historical exchange rates.
$: Includes external liabilities of the centre calculated at current exchange rates.
Note: 1. Data on combined deficit/liabilities indicators are net of inter-governmental transactions between the centre and the state governments viz., (a) NSSF investment in state governments special securities (b) Loans and advance by the centre to states and (c) State governments’ investment in centre’s treasury bills.
2. Negative sign (-) indicates surplus in deficit indicators.
Source: Budget documents of the central and state governments.