Gross
Net
Revenue
Primary
Budgetary
Monetised
Fiscal
Deficit
Deficit #
Year
(GFD)
(PD)
(RD)
(CD)
(MD)
1
2
3
4
5
6
7
8
9
1970-71
3.07
1.70
1.75
1.63
-0.36
-1.68
0.62
0.49
1971-72
3.51
2.48
2.15
2.33
0.20
-1.16
1.06
1.19
1972-73
4.02
1.83
2.59
1.71
0.03
-1.40
1.61
2.23
1973-74
2.63
1.17
1.29
0.95
-1.70
0.50
0.96
1974-75
2.96
1.11
1.67
0.82
-0.98
-2.27
0.93
0.68
1975-76
3.62
1.28
-1.06
-2.53
0.44
-0.34
1976-77
4.22
1.74
2.57
1.32
-0.33
-1.98
0.15
0.91
1977-78
3.61
1.78
1.99
1.58
-0.42
-2.03
-0.25
1978-79
5.16
1.92
3.37
1.42
-0.26
-2.06
1.36
1.98
1979-80
5.27
2.58
3.38
1.81
0.57
-1.32
2.00
2.18
1980-81
5.75
3.54
3.94
2.98
1.41
-0.39
1.72
2.46
1981-82
5.11
2.71
3.23
2.13
0.23
-1.65
0.83
1.89
1982-83
5.63
3.16
0.69
-1.39
0.88
1983-84
5.93
3.75
1.16
-1.03
0.65
1.80
1984-85
7.05
4.44
4.63
3.63
-0.71
1.52
2.45
1985-86
7.80
4.83
5.12
3.79
2.10
-0.58
1.90
2.21
1986-87
8.40
5.43
5.45
4.19
-0.47
2.26
1987-88
7.61
5.19
3.64
-0.59
1.64
1.85
1988-89
7.30
4.90
3.93
3.18
-0.89
1.33
1.54
1989-90
7.31
4.86
3.66
2.44
-1.20
2.17
2.83
1990-91
7.85
5.40
4.07
3.15
3.26
-0.52
1991-92
5.56
3.77
1.49
1.37
2.49
-1.58
1.05
0.84
1992-93
5.38
4.05
1.22
1.56
-1.67
1.65
1993-94
7.01
5.35
2.74
3.81
1994-95
5.71
3.99
1.35
-1.29
0.10
0.21
1995-96
5.10
3.59
0.86
2.52
-1.72
1.68
1996-97
3.41
0.53
0.66
2.40
-1.97
0.97
0.14
1997-98
5.87
4.16
1.50
3.06
-1.27
-0.06
0.85
1998-99
6.43
4.54
2.01
1.82
3.85
-0.57
-0.01
0.67
1999-00 (RE)
5.59
4.93
0.90
-0.92
0.18
-0.29
2000-01 (BE)
4.60
0.46
3.55
-1.09
..
Gross Tax
Tax Revenue
Non Tax
Capital
Direct
Indirect
Total
Net *
Receipts *
Receipts
10
11
12
13
14
15
16
1.91
5.08
6.99
5.34
7.18
1.84
4.46
5.73
7.88
5.96
7.87
5.09
2.31
6.01
8.32
6.35
8.35
4.55
2.11
5.58
7.69
5.92
1.69
4.36
2.14
7.19
9.33
6.55
8.28
1.73
3.56
2.66
6.44
9.10
9.40
2.22
4.96
2.61
6.57
9.18
9.51
2.20
5.50
2.38
6.30
8.68
6.92
9.35
2.43
7.20
9.52
7.75
9.92
5.68
7.54
9.87
7.06
9.15
2.09
4.47
7.09
9.11
6.48
8.57
5.48
7.24
6.81
8.86
2.05
5.22
6.89
9.23
2.34
6.20
1.97
7.45
9.42
7.03
8.97
1.94
6.56
1.87
7.62
9.49
7.15
9.50
2.36
6.65
8.23
10.22
10.00
8.48
10.46
7.76
10.55
2.79
6.88
1.88
8.70
10.58
10.42
2.54
2.07
8.42
10.49
7.97
10.29
2.32
2.04
8.54
7.86
10.72
2.86
6.15
8.17
10.11
7.56
9.66
6.86
10.30
7.66
5.90
7.55
9.98
7.23
2.69
4.84
6.45
8.81
6.22
8.78
2.56
2.67
6.47
9.14
6.68
9.02
6.80
2.84
9.41
6.93
9.32
2.39
4.94
6.60
9.45
9.27
4.52
3.19
6.00
9.19
6.31
8.83
6.54
2.64
5.51
8.16
5.94
7.37
5.74
8.72
6.49
9.21
2.72
6.37
3.30
6.70
6.18
Interest
Subsidies
Defence
Expendi-
Payments
(Revenue
Outlay
ture
+ Capital)
17
18
19
20
21
22
23
6.82
2.62
5.44
12.26
8.07
3.10
5.95
2.27
14.02
8.37
1.43
0.38
3.05
6.13
14.50
7.25
1.34
0.55
2.55
1.53
12.47
7.29
0.54
5.47
12.77
8.34
1.47
0.56
6.46
14.80
5.98
15.15
8.93
1.26
6.27
15.20
1.79
2.19
16.96
9.72
2.77
15.62
1.40
2.50
5.79
15.77
9.09
1.15
5.82
14.91
1.20
6.38
2.47
16.30
10.13
2.65
6.05
16.17
11.22
2.42
2.73
17.67
12.10
2.68
2.85
6.69
18.79
13.03
2.95
3.34
20.06
12.99
3.17
6.21
19.21
12.78
18.68
13.16
5.88
19.05
12.93
3.78
18.51
12.60
17.05
12.40
1.60
2.35
4.00
16.41
12.59
4.28
1.48
3.92
16.51
12.09
2.30
3.82
15.92
11.83
4.23
1.13
3.25
15.08
11.67
4.37
3.09
1.04
14.76
11.90
4.33
15.31
12.34
4.42
1.02
15.85
12.98
4.69
2.60
15.58
12.88
4.64
1.51
15.51
RE
Revised Estimates.
BE Budget Estimates.
(-)
Indicates surplus.
#
With the discontinuance of the ad-hoc Treasury bills and 91- day tap Treasury bills, the concept of conventional budget deficit has lost its relevance since April, 1997. From April 1997 these figures represent draw down of cash balances.
Note
: GDP at current market prices with 1993-94 base.