TABLE 2.4
                  Capital Formation by the Central Government and its Financing
------------------------------------------------------------------------------------------------------

			                     1980-81   1990-91 1992-93 1993-94 1994-95 1995-96 1996-97
								                          (RE)	  (BE)
------------------------------------------------------------------------------------------------------
						                       (Rs.Crore)
I.	Gross capital formation out
	of budgetary resources of 
	Central Government			9012	35058	37649	45051	54200	58314	61227
	 (i)	Gross capital formation
		by the Central Government	1907	 8602	11875	12765	14328	18070	18063
	(ii)	Financial assistance for
		capital formation in the
		rest of the economy		7105	26456	25774	32286	39872	40244	43164
II.	Gross saving of the Central
	Government				   3   -10502	-8401  -20335  -13882  -13638  -10138
III.	Gap(I-II)				9009	45560	46050	65386	68082	71952	71365
	Financed by
IV.	Draft on other sectors of
	domestic economy			7339	41794	39812	59319	63463	68776	68095
	 (i)	Domestic capital receipts	4762	30447	27500	48359	62502	61176	61517
	(ii)	Budgetary deficit		2577	11347	12312	10960	  961	 7600	 6578
V.	Draft on foreign savings		1670	 3766	 6238	 6067	 4619	 3176	 3270

							(As per cent of GDP)

I.	Gross capital formation out
	of budgetary resources of 
	Central Government			 6.6	  6.5	  5.3	  5.6     5.7	  5.3	  4.9
	 (i)	Gross capital formation 
		by the Central Government	 1.4	  1.6	  1.7	  1.6	  1.5	  1.6	  1.4
	(ii)	Financial assistance for  
		capital formation in the
		rest of the economy		 5.2	  4.9	  3.7	  4.0	  4.2	  3.7	  3.4
II.	Gross saving of the Central 
	Government				 0.0	 -2.0	 -1.2	 -2.5	 -1.5	 -1.2	 -0.8
III.	Gap(I-II)				 6.6	  8.5     6.5	  8.1	  7.1	  6.5	  5.7
	Financed by 
IV.	Draft on other sectors of 
	domestic economy			 5.4	  7.8	  5.6	  7.4	  6.7	  6.3	  5.4
	 (i)	Domestic capital receipts	 3.5	  5.7	  3.9	  6.0	  6.6	  5.6	  4.9
	(ii)	Budgetary deficit		 1.9	  2.1	  1.7	  1.4	  0.1	  0.7	  0.5
V.	Draft on foreign savings		 1.2	  0.7	  0.9	  0.7     0.5	  0.3	  0.3

                                                         (per cent increase over the previous year)
I.	Gross capital formation out
	of budgetary resources of 
	Central Government			24.7	  6.2	  7.1	 19.7	 20.3	  7.6	  5.0
-----------------------------------------------------------------------------------------------------

Notes:	(a)	Gross capital formation includes loans given for capital formation on a gross basis.
                Consequently, domestic capital receipts include loan repayments to the Central
                Government.
	(b)	Because of the revision in GDP estimates, the ratios given here may differ from those 
                given in the earlier issues of Economic Survey.
------------------------------------------------------------------------------------------------------

From the database of Ministry of Finance disseminated on Internet through NICNET