(₹ Billion) | Item | 2012-13 | 2013-14 | 2014-15 | 2015-16 | 2016-17 RE | 2017-18 BE | 1 | 2 | 3 | 4 | 5 | 6 | 1 Total Disbursements | 26,949.34 | 30,002.99 | 32,852.10 | 37,606.11 | 45,262.22 | 48,790.15 | 1.1 Developmental | 15,741.62 | 17,142.21 | 18,720.62 | 22,012.87 | 27,428.88 | 29,232.49 | 1.1.1 Revenue | 12,807.14 | 13,944.26 | 14,830.18 | 16,682.50 | 20,355.66 | 22,094.05 | 1.1.2 Capital | 2,446.11 | 2,785.08 | 3,322.62 | 4,120.69 | 5,225.50 | 6,113.50 | 1.1.3 Loans | 488.38 | 412.88 | 567.82 | 1,209.68 | 1,847.72 | 1,024.94 | 1.2 Non-Developmental | 10,850.47 | 12,427.83 | 13,667.69 | 15,108.10 | 17,238.78 | 18,894.52 | 1.2.1 Revenue | 9,991.40 | 11,413.65 | 12,695.20 | 13,797.27 | 16,327.22 | 18,012.07 | 1.2.1.1 Interest Payments | 4,543.06 | 5,342.30 | 5,845.42 | 6,480.91 | 7,309.44 | 8,062.19 | 1.2.2 Capital | 837.14 | 990.37 | 946.87 | 1,273.06 | 889.24 | 858.00 | 1.2.3 Loans | 21.93 | 23.81 | 25.63 | 37.77 | 22.31 | 24.45 | 1.3 Others | 357.24 | 432.95 | 463.79 | 485.14 | 594.56 | 663.14 | 2 Total Receipts | 27,690.29 | 30,013.72 | 31,897.37 | 37,780.49 | 44,406.35 | 48,534.44 | 2.1 Revenue Receipts | 19,716.19 | 22,114.75 | 23,876.93 | 27,483.74 | 33,816.92 | 37,622.09 | 2.1.1 Tax Receipts | 16,879.59 | 18,465.45 | 20,207.28 | 22,971.01 | 26,417.46 | 30,106.46 | 2.1.1.1 Taxes on commodities and services | 10,385.91 | 11,257.81 | 12,123.48 | 14,409.52 | 16,828.49 | 18,964.48 | 2.1.1.2 Taxes on Income and Property | 6,462.73 | 7,176.34 | 8,051.76 | 8,522.71 | 9,546.20 | 11,095.19 | 2.1.1.3 Taxes of Union Territories (Without Legislature) | 30.94 | 31.30 | 32.04 | 38.78 | 42.77 | 46.79 | 2.1.2 Non-Tax Receipts | 2,836.60 | 3,649.30 | 3,669.65 | 4,512.72 | 7,399.47 | 7,515.62 | 2.1.2.1 Interest Receipts | 355.43 | 401.62 | 396.22 | 357.79 | 344.14 | 297.17 | 2.2 Non-debt Capital Receipts | 389.20 | 391.13 | 609.55 | 598.27 | 607.58 | 1,249.63 | 2.2.1 Recovery of Loans & Advances | 129.29 | 93.85 | 220.72 | 165.61 | 148.28 | 522.79 | 2.2.2 Disinvestment proceeds | 259.91 | 297.28 | 388.83 | 432.66 | 459.30 | 726.84 | 3 Gross Fiscal Deficit [1 - (2.1 + 2.2)] | 6,843.95 | 7,497.11 | 8,365.63 | 9,524.10 | 10,837.71 | 9,918.43 | 3A Sources of Financing: Institution-wise | | | | | | | 3A.1 Domestic Financing | 6,771.94 | 7,424.19 | 8,236.30 | 9,396.62 | 10,688.98 | 9,760.54 | 3A.1.1 Net Bank Credit to Government | 3,352.80 | 3,358.58 | –374.76 | 2,310.90 | 6,181.23 | 1,581.19 | 3A.1.1.1 Net RBI Credit to Government | 548.40 | 1,081.30 | –3,341.85 | 604.72 | 1,958.16 | –1,448.47 | 3A.1.2 Non-Bank Credit to Government | 3,419.14 | 4,065.61 | 8,611.06 | 7,085.72 | 4,507.75 | 8,179.35 | 3A.2 External Financing | 72.01 | 72.92 | 129.33 | 127.48 | 148.73 | 157.89 | 3B Sources of Financing: Instrument-wise | | | | | | | 3B.1 Domestic Financing | 6,771.94 | 7,424.19 | 8,236.30 | 9,396.62 | 10,688.98 | 9,760.54 | 3B.1.1 Market Borrowings (net) | 6,536.94 | 6,391.99 | 6,640.58 | 6,732.98 | 7,004.11 | 7,535.86 | 3B.1.2 Small Savings (net) | –85.70 | –142.81 | –565.80 | –785.15 | –1,091.76 | –941.16 | 3B.1.3 State Provident Funds (net) | 329.94 | 312.90 | 343.39 | 352.61 | 374.53 | 383.39 | 3B.1.4 Reserve Funds | –4.12 | 34.63 | 51.09 | –33.22 | –82.42 | –10.45 | 3B.1.5 Deposits and Advances | 27.22 | 255.45 | 275.45 | 134.70 | 386.99 | 502.14 | 3B.1.6 Cash Balances | –740.96 | –10.72 | 954.74 | –174.38 | 855.86 | 255.70 | 3B.1.7 Others | 708.62 | 582.75 | 536.84 | 3,169.08 | 3,241.68 | 2,035.04 | 3B.2 External Financing | 72.01 | 72.92 | 129.33 | 127.48 | 148.73 | 157.89 | 4 Total Disbursements as per cent of GDP | 27.1 | 26.7 | 26.3 | 27.3 | 30.0 | 29.0 | 5 Total Receipts as per cent of GDP | 27.8 | 26.7 | 25.6 | 27.4 | 29.5 | 28.8 | 6 Revenue Receipts as per cent of GDP | 19.8 | 19.7 | 19.2 | 20.0 | 22.4 | 22.3 | 7 Tax Receipts as per cent of GDP | 17.0 | 16.4 | 16.2 | 16.7 | 17.5 | 17.9 | 8 Gross Fiscal Deficit as per cent of GDP | 6.9 | 6.7 | 6.7 | 6.9 | 7.2 | 5.9 | Source : Budget Documents of Central and State Governments. …: Not available. RE: Revised Estimates; BE: Budget Estimates Note: GDP data from 2011-12 onwards are based on 2011-12 base. Data from year 2015-16 pertains to 29 states. The GDP data from 2015-16 pertains to the Second Advance Estimates of National Income released by Central Statistics Office on 28th February 2018. GDP for 2016-17 (RE) and 2017-18 are from Union Budget 2017-18. Total receipts and total expenditure exclude National Calamity Contingency Fund expenditure. 1 & 2: Data are net of repayments of the Central Government (including repayments to the NSSF) and State Governments. 1.3: Represents compensation and assignments by States to local bodies and Panchayati Raj institutions. 2: Data are net of variation in cash balances of the Central and State Governments and includes borrowing receipts of the Central and State Governments. 3A.1.1: Data as per RBI records. 3B.1.1: Includes borrowings through dated securities and 364-day Treasury Bills. 3B.1.2: Represent net investment in Central and State Governments’ special securities by the National Small Savings Fund (NSSF). 3B.1.6: Include Ways and Means Advances by the Centre to the State Governments. 3B.1.7: Include Treasury Bills (excluding 364-day Treasury Bills), loans from financial institutions, insurance and pension funds, remittances, cash balance investment account. | |