| (₹ Billion) | | Item | 2013-14 | 2014-15 | 2015-16 | 2016-17 | 2017-18 RE | 2018-19 BE | | 1 | 2 | 3 | 4 | 5 | 6 | | 1 Total Disbursements | 30,002.99 | 32,852.10 | 37,606.11 | 42,659.69 | 48,579.90 | 53,611.81 | | 1.1 Developmental | 17,142.21 | 18,720.62 | 22,012.87 | 25,379.05 | 29,324.08 | 32,025.64 | | 1.1.1 Revenue | 13,944.26 | 14,830.18 | 16,682.50 | 18,784.17 | 22,525.73 | 24,390.87 | | 1.1.2 Capital | 2,785.08 | 3,322.62 | 4,120.69 | 5,012.13 | 5,857.77 | 6,745.79 | | 1.1.3 Loans | 412.88 | 567.82 | 1,209.68 | 1,582.75 | 940.58 | 888.98 | | 1.2 Non-Developmental | 12,427.83 | 13,667.69 | 15,108.10 | 16,726.46 | 18,542.53 | 20,762.79 | | 1.2.1 Revenue | 11,413.65 | 12,695.20 | 13,797.27 | 15,552.39 | 17,684.36 | 19,839.32 | | 1.2.1.1 Interest Payments | 5,342.30 | 5,845.42 | 6,480.91 | 7,244.48 | 8,166.36 | 8,851.50 | | 1.2.2 Capital | 990.37 | 946.87 | 1,273.06 | 1,157.75 | 844.41 | 909.08 | | 1.2.3 Loans | 23.81 | 25.63 | 37.77 | 16.32 | 13.76 | 14.40 | | 1.3 Others | 432.95 | 463.79 | 485.14 | 554.17 | 713.29 | 823.38 | | 2 Total Receipts | 30,013.72 | 31,897.37 | 37,780.49 | 42,884.32 | 47,718.59 | 52,780.35 | | 2.1 Revenue Receipts | 22,114.75 | 23,876.93 | 27,483.74 | 31,322.01 | 35,923.82 | 41,185.41 | | 2.1.1 Tax Receipts | 18,465.45 | 20,207.28 | 22,971.01 | 26,221.45 | 30,132.23 | 34,941.02 | | 2.1.1.1 Taxes on commodities and services | 11,257.81 | 12,123.48 | 14,409.52 | 16,523.77 | 18,296.56 | 22,138.76 | | 2.1.1.2 Taxes on Income and Property | 7,176.34 | 8,051.76 | 8,522.71 | 9,656.22 | 11,802.47 | 12,775.14 | | 2.1.1.3 Taxes of Union Territories (Without Legislature) | 31.30 | 32.04 | 38.78 | 41.46 | 33.20 | 27.12 | | 2.1.2 Non-Tax Receipts | 3,649.30 | 3,669.65 | 4,512.72 | 5,100.56 | 5,791.59 | 6,244.38 | | 2.1.2.1 Interest Receipts | 401.62 | 396.22 | 357.79 | 332.20 | 316.10 | 368.35 | | 2.2 Non-debt Capital Receipts | 391.13 | 609.55 | 598.27 | 690.63 | 1,651.83 | 1,428.43 | | 2.2.1 Recovery of Loans & Advances | 93.85 | 220.72 | 165.61 | 209.42 | 648.80 | 616.50 | | 2.2.2 Disinvestment proceeds | 297.28 | 388.83 | 432.66 | 481.22 | 1,003.03 | 811.93 | | 3 Gross Fiscal Deficit [1 - (2.1 + 2.2)] | 7,497.11 | 8,365.63 | 9,524.10 | 10,647.04 | 11,004.25 | 10,997.97 | | 3A Sources of Financing: Institution-wise | | | | | | | | 3A.1 Domestic Financing | 7,424.19 | 8,236.30 | 9,396.62 | 10,467.08 | 10,980.08 | 11,023.86 | | 3A.1.1 Net Bank Credit to Government | 3,358.58 | –374.76 | 2,310.90 | 6,171.23 | 1,447.92 | .. | | 3A.1.1.1 Net RBI Credit to Government | 1,081.30 | –3,341.85 | 604.72 | 1,958.16 | –1,448.47 | .. | | 3A.1.2 Non-Bank Credit to Government | 4,065.61 | 8,611.06 | 7,085.72 | 4,295.85 | 9,532.16 | .. | | 3A.2 External Financing | 72.92 | 129.33 | 127.48 | 179.97 | 24.18 | –25.89 | | 3B Sources of Financing: Instrument-wise | | | | | | | | 3B.1 Domestic Financing | 7,424.19 | 8,236.30 | 9,396.62 | 10,467.08 | 10,980.08 | 11,023.86 | | 3B.1.1 Market Borrowings (net) | 6,391.99 | 6,640.58 | 6,732.98 | 6,898.21 | 7,951.99 | 8,398.36 | | 3B.1.2 Small Savings (net) | –142.81 | –565.80 | –785.15 | –1,050.38 | –1,653.29 | –1,434.61 | | 3B.1.3 State Provident Funds (net) | 312.90 | 343.39 | 352.61 | 456.88 | 406.13 | 474.19 | | 3B.1.4 Reserve Funds | 34.63 | 51.09 | –33.22 | –64.36 | 6.70 | 31.14 | | 3B.1.5 Deposits and Advances | 255.45 | 275.45 | 134.70 | 177.92 | 168.45 | 159.10 | | 3B.1.6 Cash Balances | –10.72 | 954.74 | –174.38 | –224.63 | 861.31 | 831.46 | | 3B.1.7 Others | 582.75 | 536.84 | 3,169.08 | 4,273.43 | 3,238.79 | 2,564.21 | | 3B.2 External Financing | 72.92 | 129.33 | 127.48 | 179.97 | 24.18 | –25.89 | | 4 Total Disbursements as per cent of GDP | 26.7 | 26.3 | 27.3 | 28.0 | 29.0 | 28.6 | | 5 Total Receipts as per cent of GDP | 26.7 | 25.6 | 27.4 | 28.1 | 28.4 | 28.2 | | 6 Revenue Receipts as per cent of GDP | 19.7 | 19.2 | 20.0 | 20.5 | 21.4 | 22.0 | | 7 Tax Receipts as per cent of GDP | 16.4 | 16.2 | 16.7 | 17.2 | 18.0 | 18.7 | | 8 Gross Fiscal Deficit as per cent of GDP | 6.7 | 6.7 | 6.9 | 7.0 | 6.6 | 5.9 | …: Not available. RE: Revised Estimates; BE: Budget Estimates
Source : Budget Documents of Central and State Governments.
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. | |