TABLE 2.2 Components of Gross Fiscal Deficit of the Central Government ---------------------------------------------------------------------------------------------- 1980-81 1990-91 1992-93 1993-94 1994-95 1995-96 1996-97 ---------------------------------------------------------------------------------------------- (R.E.) (B.E.) (Rs. crore) 1. Fiscal Deficit 7733 44632 40173 60257 57705 64010 62266 1.1. Interest Payments 2604 21498 31075 36741 44060 52000 60000 1.2. Primary Deficit 5129 23134 9098 23516 13645 12010 2266 1.21 Primary deficit 1310 6358 979 12004 3983 1429 -4581 Consumption 1.22 Primary deficit 3819 16776 8119 11512 9662 10581 6847 Investment (As per cent of GDP) 1. Fiscal Deficit 5.7 8.3 5.7 7.4 6.1 5.8 5.0 1.1. Interest Payments 1.9 4.0 4.4 4.5 4.6 4.7 4.8 1.2. Primary Deficit 3.8 4.3 1.3 2.9 1.4 1.1 0.2 1.21 Primary deficit 1.0 1.2 0.1 1.5 0.4 0.1 -0.4 Consumption 1.22 Primary deficit 2.8 3.1 1.2 1.4 1.0 1.0 0.5 Investment Memorandum Items (a) Interest Receipts 1795 8730 12487 15078 15797 18369 21393 (b) Dividend and Profit 82 564 993 951 1216 1729 2551 --------------------------------------------------------------------------------------------- Note: 1. Primary deficit consumption =Revenue Deficit-interest payments+interest receipts+dividend & profits 2. Primary deficit investment =Capital expenditure-interest receipts -Dividend & profit-recovery of loans-other receipts ---------------------------------------------------------------------------------------------
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