| (Amount in ₹ billion) | | Item | 2014-15 | 2015-16 | 2016-17 | 2017-18 | 2018-19
(RE) | 2019-20
(BE) | | 1 | 2 | 3 | 4 | 5 | 6 | 7 | | 1 Total Disbursements | 32,852.1 | 37,606.1 | 42,659.7 | 43,037.3 | 52,228.7 | 57,856.8 | | 1.1 Developmental | 18,720.6 | 22,012.9 | 25,379.1 | 24,829.5 | 31,239.3 | 34,496.5 | | 1.1.1 Revenue | 14,830.2 | 16,682.5 | 18,784.2 | 19,211.6 | 23,882.8 | 26,810.8 | | 1.1.2 Capital | 3,322.6 | 4,120.7 | 5,012.1 | 4,831.5 | 6,405.4 | 6,814.4 | | 1.1.3 Loans | 567.8 | 1,209.7 | 1,582.8 | 786.4 | 951.1 | 871.3 | | 1.2 Non-Developmental | 13,667.7 | 15,108.1 | 16,726.5 | 17,535.3 | 20,188.7 | 22,446.9 | | 1.2.1 Revenue | 12,695.2 | 13,797.3 | 15,552.4 | 16,846.0 | 19,369.4 | 21,374.2 | | 1.2.1.1 Interest Payments | 5,845.4 | 6,480.9 | 7,244.5 | 7,957.0 | 8,808.5 | 9,841.5 | | 1.2.2 Capital | 946.9 | 1,273.1 | 1,157.7 | 676.9 | 807.3 | 1,056.5 | | 1.2.3 Loans | 25.6 | 37.8 | 16.3 | 12.4 | 12.0 | 16.3 | | 1.3 Others | 463.8 | 485.1 | 554.2 | 672.5 | 800.7 | 913.3 | | 2 Total Receipts | 31,897.4 | 37,780.5 | 42,884.3 | 43,119.7 | 50,765.4 | 57,226.7 | | 2.1 Revenue Receipts | 23,876.9 | 27,483.7 | 31,322.0 | 31,944.1 | 39,685.8 | 44,121.9 | | 2.1.1 Tax Receipts | 20,207.3 | 22,971.0 | 26,221.5 | 28,455.6 | 33,649.3 | 37,508.1 | | 2.1.1.1 Taxes on commodities and services | 12,123.5 | 14,409.5 | 16,523.8 | 17,468.6 | 20,688.5 | 22,719.6 | | 2.1.1.2 Taxes on Income and Property | 8,051.8 | 8,522.7 | 9,656.2 | 10,956.1 | 12,932.7 | 14,746.6 | | 2.1.1.3 Taxes of Union Territories (Without Legislature) | 32.0 | 38.8 | 41.5 | 30.9 | 28.1 | 41.8 | | 2.1.2 Non-Tax Receipts | 3,669.7 | 4,512.7 | 5,100.6 | 3,488.5 | 6,036.6 | 6,613.9 | | 2.1.2.1 Interest Receipts | 396.2 | 357.8 | 332.2 | 335.9 | 361.9 | 329.9 | | 2.2 Non-debt Capital Receipts | 609.5 | 598.3 | 690.6 | 1,416.0 | 1,266.2 | 1,671.1 | | 2.2.1 Recovery of Loans & Advances | 220.7 | 165.6 | 209.4 | 413.8 | 463.8 | 601.8 | | 2.2.2 Disinvestment proceeds | 388.8 | 432.7 | 481.2 | 1,002.2 | 802.4 | 1,069.3 | | 3 Gross Fiscal Deficit [ 1 - ( 2.1 + 2.2 ) ] | 8,365.6 | 9,524.1 | 10,647.0 | 9,677.2 | 11,276.6 | 12,063.8 | | 3A Sources of Financing: Institution-wise | | | | | | | | 3A.1 Domestic Financing | 8,236.3 | 9,396.6 | 10,467.1 | 9,597.9 | 11,325.6 | 12,093.3 | | 3A.1.1 Net Bank Credit to Government | -374.8 | 2,310.9 | 6,171.2 | 1,447.9 | 3,863.9 | ... | | 3A.1.1.1 Net RBI Credit to Government | -3,341.9 | 604.7 | 1,958.2 | -1,448.5 | 3,259.9 | ... | | 3A.1.2 Non-Bank Credit to Government | 8,611.1 | 7,085.7 | 4,295.8 | 8,150.0 | 7,461.7 | ... | | 3A.2 External Financing | 129.3 | 127.5 | 180.0 | 79.3 | -48.9 | -29.5 | | 3B Sources of Financing: Instrument-wise | | | | | | | | 3B.1 Domestic Financing | 8,236.3 | 9,396.6 | 10,467.1 | 9,597.9 | 11,325.6 | 12,093.3 | | 3B.1.1 Market Borrowings (net) | 6,640.6 | 6,733.0 | 6,898.2 | 7,948.6 | 8,315.5 | 9,592.9 | | 3B.1.2 Small Savings (net) | -565.8 | -785.1 | -1,050.4 | -1,632.2 | -2,171.7 | -2,085.3 | | 3B.1.3 State Provident Funds (net) | 343.4 | 352.6 | 456.9 | 423.5 | 427.0 | 424.8 | | 3B.1.4 Reserve Funds | 51.1 | -33.2 | -64.4 | 184.2 | -145.8 | -8.7 | | 3B.1.5 Deposits and Advances | 275.5 | 134.7 | 177.9 | 251.4 | 160.1 | 137.1 | | 3B.1.6 Cash Balances | 954.7 | -174.4 | -224.6 | -82.4 | 1,463.3 | 630.1 | | 3B.1.7 Others | 536.8 | 3,169.1 | 4,273.4 | 2,504.9 | 3,277.0 | 3,402.4 | | 3B.2 External Financing | 129.3 | 127.5 | 180.0 | 79.3 | -48.9 | -29.5 | | 4 Total Disbursements as per cent of GDP | 26.3 | 27.3 | 27.8 | 25.2 | 27.5 | 27.4 | | 5 Total Receipts as per cent of GDP | 25.6 | 27.4 | 27.9 | 25.2 | 26.7 | 27.1 | | 6 Revenue Receipts as per cent of GDP | 19.2 | 20.0 | 20.4 | 18.7 | 20.9 | 20.9 | | 7 Tax Receipts as per cent of GDP | 16.2 | 16.7 | 17.1 | 16.6 | 17.7 | 17.8 | | 8 Gross Fiscal Deficit as per cent of GDP | 6.7 | 6.9 | 6.9 | 5.7 | 5.9 | 5.7 | …: Not available; RE: Revised Estimates; BE: Budget Estimates.
Note: Data from year 2017-18 pertains to 27 states. GDP data are based on 2011-12 base.
Source: Budget Documents of the central and state governments. | |