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Date : Aug 30, 2004
Appendix Table IV.8 : Financing of State Governments' Gross Fiscal Deficit

Appendix Table IV.8 : Financing of State Governments'; Gross Fiscal Deficit

                   

(Rupees crore)

                       

Year

   

Loans from

Market

Others#

Gross

States'; Outstanding Liabilities

(end-March)

States’

       

the Central

Borrowings

 

Fiscal

   

Outstanding

       

Government

(net)

 

Deficit

Total+

Loans and

Market

Liabilities as

       

(net)

   

(2+3+4)

 

Advances

Loans

percentage to

                 

from the

 

GDP at current

                 

Centre

 

Market prices

1

     

2

3

4

5

6

7

8

9

                       

1990-91

 

9,978

2,556

6,253

18,787

1,10,289

74,117

15,618

19.4

       

(53.1)

(13.6)

(33.3)

(100.0)

       
                       

1995-96

 

14,801

5,888

10,737

31,426

2,12,225

1,31,505

36,021

17.9

       

(47.1)

(18.7)

(34.2)

(100.0)

       
                       

2002-03 P

-1,805

28,461

75,402

1,02,058

6,86,142

2,33,759

1,31,176

27.8

       

(-1.8)

(27.9)

(73.9)

(100.0)

       
                       

2003-04 (RE) P

-21,238

45,074

1,16,571

1,40,407

8,05,667

2,12,521

1,76,250

29.1

       

(-15.1)

(32.1)

(83.0)

(100.0)

       
                       

2004-05 (BE) P

-7,341

25,805

93,787

1,12,251

9,10,902

2,05,180

2,02,055

29.2

       

(-6.5)

(23.0)

(83.6)

(100.0)

       
                       
RE:Revised Estimates. BE :Budget Estimates.
#:Including loans from financial institutions, provident funds, reserve funds, deposits and advances,
special securities issued to the NSSF, etc. With the change in the system of accounting with effect from
1999-2000, States’ share in small savings which was hitherto included under loans from the Centre is included under others.
+:Including internal debt (including Special Securities issued to the NSSF), loans and advances from the Central Government and Provident Funds.
P: Provisional; data relate to the Budgets of 27 State Governments, of which 6 are Vote -on-Account.
Note :
1. Figures in parentheses are percentages to the Gross Fiscal Deficit.
2.Data on outstanding liabilities of the State Governments have been revised taking into account the latest available information.
Source :Budget Documents of the State governments and Combined Finance and Revenue
Accounts of the Union and State Governments.
 



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