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Date : Sep 15, 2021
Table 101 : States Gross Fiscal Deficit and Its Financing
(₹ Crore)
Year GFD Receipts GFD Expenditure Gross Fiscal Deficit (3-2) Financing of Gross Fiscal Deficit
Loans from Central Government Market Borrowings Special Securities Issued to NSSF Others
1 2 3 4 5 6 7 8
1992-93 91090 111982 20892 8921 3500 - 8471
1993-94 104997 125361 20364 9400 3620 - 7344
1994-95 120303 147611 27308 14250 4075 - 8983
1995-96 134507 165377 30870 14075 5888 - 10907
1996-97 150234 186795 36561 16696 6515 - 13350
1997-98 166820 210294 43474 22649 7280 - 13545
1998-99 173292 246587 73295 30350 10467 - 32478
1999-00 202927 293026 90098 12178 12664 26416 38840
2000-01 232509 320432 87922 8324 12519 32606 34473
2001-02 249422 343682 94261 10895 17249 35648 30468
2002-03 273674 373400 99727 -372 28484 48966 22649
2003-04 309187 429816 120631 13940 47286 18003 41402
2004-05 363512 471286 107774 -9781 34559 64192 18804
2005-06 431030 521114 90084 -44 15305 73815 1008
2006-07 532462 609971 77509 -8887 13083 56023 17289
2007-08 630703 706157 75455 -933 53925 5853 16610
2008-09 694923 829512 134589 -761 104041 1479 29830
2009-10 768949 957767 188819 -1700 112648 24158 53713
2010-11 936588 1098050 161461 710 88776 38626 33349
2011-12 1099196 1267550 168353 180 135396 -8064 40842
2012-13 1252125 1447595 195470 1730 146249 -173 47665
2013-14 1369547 1617400 247852 601 163573 2557 81121
2014-15 1592729 1919920 327191 963 206441 24000 95768
2015-16 1834019 2254690 420670 1039 258367 27097 134167
2016-17 2046780 2581112 534332 5229 351672 -31985 209416
2017-18 2321416 2731910 410494 4634 344616 -32444 93688
2018-19 2621247 3084017 462770 8604 373111 -33574 114630
2019-20 2941701 3594076 652375 11123 488414 -32200 185037
2020-21 3331132 3957494 626361 17688 560703 -32712 80682
Notes : 1. Data for 2019-20 relate to Revised Estimates while 2020-21 are Budget Estimates.
2. Data from 2017-18 onwards pertains to all the States and UTs with legislatures.
3. GFD Receipts include revenue receipts and miscellaneous capital receipts.
4. GFD Expenditure includes revenue expenditure, capital outlay, and loans and advances net of recoveries.
5. All figures of Financing of Gross Fiscal Deficit are on a net basis.
6. With the change in the system of accounting with effect from 1999-2000, States’ share in small savings which was included earlier under loans from the Centre is shown separately as special securities issued to National Small Savings Fund (NSSF) under internal debt.
Also see Notes on Tables.
Source Budget documents of the State Governments.

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