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Date : Sep 15, 2022
Table 90 : Key Deficit Indicators of the Central Government
(₹ Crore)
Year Gross fiscal deficit Net fiscal deficit Gross primary deficit Net primary deficit Revenue deficit Primary revenue deficit Drawdown of cash balances Net RBI credit
1 2 3 4 5 6 7 8 9
1983-84 13030 7770 8235 5643 2540 -2255 1417 3949
1984-85 17416 10972 11442 8961 4225 -1749 3745 6055
1985-86 21858 13544 14346 10627 5889 -1623 5316 6190
1986-87 26342 17036 17096 13143 7777 -1469 8261 7091
1987-88 27044 18431 15793 12935 9137 -2114 5816 6559
1988-89 30923 20770 16645 13473 10515 -3763 5642 6503
1989-90 35632 23722 17875 14439 11914 -5843 10592 13813
1990-91 44632 30692 23134 17924 18562 -2936 11347 14746
1991-92 36325 24622 9729 8961 16261 -10335 6855 5508
1992-93 40173 30232 9098 11644 18574 -12501 12312 4257
1993-94 60257 45994 23516 24331 32716 -4025 10960 260
1994-95 57703 40313 13644 12050 31029 -13031 961 2130
1995-96 60243 42432 10198 10806 29731 -20314 9807 19855
1996-97 66733 46394 7255 9022 32654 -26824 13184 1934
1997-98 88937 63062 23300 22748 46449 -19188 -910 12914
1998-99 113349 79944 35466 32138 66976 -10906 -209 11800
1999-00 104716 89910 14467 33556 67596 -22653 864 -5588
2000-01 118816 107854 19502 41351 85234 -14080 -1197 6705
2001-02 140955 123074 33495 51152 100162 -7298 -1496 -5150
2002-03 145072 133829 27268 53647 107879 -9925 1883 -28399
2003-04 123273 115558 -815 30008 98261 -25827 -3942 -76065
2004-05 125794 126252 -1140 31705 78338 -48596 -1461 -60177
2005-06 146435 145743 13805 35145 92300 -40331 -20888 28417
2006-07 142573 151245 -7699 23497 80222 -70050 4517 -3024
2007-08 126912 120714 -44118 -29256 52569 -118461 -27171 -116772
2008-09 336992 329024 144788 157537 253539 61335 43834 176397
2009-10 418482 411448 205389 220139 338998 125905 -1386 149820
2010-11 373591 361026 139569 146738 252252 18230 6430 182454
2011-12 515990 514103 242840 261205 394348 121198 -15990 140378
2012-13 490190 484450 177020 192041 364282 51112 -51012 56086
2013-14 502858 496157 128604 143771 357048 -17206 -19171 107144
2014-15 510725 495245 108281 116605 365519 -36925 77752 -336605
2015-16 532791 527289 91132 111008 342736 -98923 13170 63524
2016-17 535618 516438 54904 51953 316381 -164333 -8895 195029
2017-18 591062 588668 62110 73290 443600 -85352 4091 -145305
2018-19 649418 639249 66770 68746 454483 -128165 -1321 326187
2019-20 933651 927553 321581 327832 666545 54475 4971 189268
2020-21 1818291 1727529 1138422 1064774 1449599 769730 -7188 106604
2021-22 1591089 1557809 777298 764912 1088352 274561 174187 352627
2022-23 1661196 1535430 720545 612779 990241 49590 752 -
Notes : 1. Data for 2021-22 are Revised Estimates and data for 2022-23 are Budget Estimates.
2. Primary Revenue Deficit is Revenue Deficit net of interest payments.
3. Drawdown of cash balances represents conventional budget deficit prior to 1997-98. With discontinuation of the adhoc treasury bills and 91-day treasury bills, the concept of conventional budget deficit has lost its relevance since April 1,1997.
4. Net RBI Credit represents variation over end-March, as per RBI records, after closure of Government accounts.
5. Negative (-) sign indicates surplus.
6. Since 1999-2000, Gross Fiscal Deficit excludes States’ share in Small Savings as per the new system of accounting.
Also see Notes on Tables.
Source : Budget documents of the Government of India.

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