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Document - I.35: Financing of State Governments Gross Fiscal Deficit () or PDF - I.35: Financing of State Governments Gross Fiscal Deficit ()
Date : Aug 29, 2005
I.35: Financing of State Governments' Gross Fiscal Deficit

 

                       

(Rupees crore)

                           

Year

Loans from

 

Market

Others#

Gross

States' Outstanding Liabilities

 

States’

       

the Central

Borrowings

 

Fiscal

(end-March)

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

1,25,662

74,117

15,618

 

22.1

       

(53.1)

 

(13.6)

(33.3)

(100.0)

         
                           

1995-96

 

14,801

 

5,888

10,737

31,426

2,49,922

1,31,505

36,021

 

21.0

       

(47.1)

 

(18.7)

(34.2)

(100.0)

         
                           

2003-04 P

-32,369

 

46,840

1,06,950

1,21,420

9,09,833

2,02,263

1,78,039

 

33.0

       

(-26.7)

 

(38.6)

(88.1)

(100.0)

         
                           

2004-05 (RE) P

-22,324

 

32,545

1,09,067

1,19,288

10,24,538

1,79,939

2,10,584

 

33.0

       

(-18.7)

 

(27.3)

(91.4)

(100.0)

         
                           

2005-06 (BE) P

14,898

 

16,367

75,777

1,07,041

11,34,249

1,94,837

2,26,951

 

32.6

       

(13.9)

 

(15.3)

(70.8)

(100.0)

         
                           

RE : Revised Estimates. BE :Budget Estimates.
#:Include loans from Financial Institutions, Provident Funds, Reserve Funds, Deposits and Advances,
Special Securities issued to 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 Centre is included under
Others.
+:Includes Internal Debt (including Market Borrowings and Loans against Special Securities issued to NSSF),
loans and advances from the Centre, Small Savings, State Provident Funds, Insurance and Pension Funds,
Trusts and Endowments, Reserve Funds and Deposits and Advances.
P: Provisional data.
Notes:1.Figures in brackets are percentages to the Gross Fiscal Deficit.
2.Data on outstanding loans and advances from the Centre take into account medium-term loans
of Rs.1,628 crore in 1985-86 given by the Centre to States to clear their overdrafts.
3.Data on outstanding liabilities of the State Governments have been revised taking into account
the latest available information.
4.Data for 2003-04, 2004-05 and 2005-06 pertain to Budgets of 28 State Governments, of which 2
are Vote-on-Accounts.
Source:Budget Documents of State Governments and Combined Finance and Revenue Accounts
of the Union and State Governments.

 


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