|
Table.1 Trends in Central Budgetary Receipts & Expenditure (as% of GDP) |
|
|
RE |
BE |
|
1997-98 |
1998-99 |
1999-00 |
2000-01 |
2001-02 |
2002-03 |
2003-04 |
2004-05 |
2005-06 |
2006-07 |
2007-08 |
RECEIPTS |
|
|
|
|
|
|
|
|
|
|
|
Revenue Receipts |
8.8 |
8.6 |
9.3 |
9.2 |
8.8 |
9.4 |
9.5 |
9.8 |
9.7 |
10.3 |
10.5 |
Gross Tax revenue |
9.1 |
8.3 |
8.8 |
9 |
8.2 |
8.8 |
9.2 |
9.8 |
10.3 |
11.4 |
11.8 |
Corporation tax |
1.3 |
1.4 |
1.6 |
1.7 |
1.6 |
1.9 |
2.3 |
2.6 |
2.8 |
3.6 |
3.6 |
Income tax |
1.1 |
1.2 |
1.3 |
1.5 |
1.4 |
1.5 |
1.5 |
1.6 |
1.8 |
2 |
2.1 |
Customs Duties |
2.6 |
2.3 |
2.5 |
2.3 |
1.8 |
1.8 |
1.8 |
1.8 |
1.8 |
2 |
2.1 |
Central Excise |
3.2 |
3.1 |
3.2 |
3.3 |
3.2 |
3.3 |
3.3 |
3.2 |
3.1 |
2.9 |
2.8 |
Service Tax |
0.1 |
0.1 |
0.1 |
0.1 |
0.1 |
0.2 |
0.3 |
0.5 |
0.6 |
0.9 |
1.1 |
Non-tax revenue |
2.5 |
2.6 |
2.7 |
2.7 |
3 |
2.9 |
2.8 |
2.6 |
2.2 |
1.9 |
1.8 |
Capital Receipts |
6.5 |
7.5 |
5.9 |
6.4 |
7.1 |
7.3 |
7.6 |
6.4 |
5 |
3.6 |
4.2 |
Gross internal market borrowings |
2.8 |
4.8 |
4.4 |
4.8 |
5 |
5.1 |
4.9 |
2.6 |
3.7 |
3.6 |
3.4 |
Gross external borrowings |
0.5 |
0.6 |
0.5 |
0.8 |
0.6 |
0.5 |
0.4 |
0.7 |
0.4 |
0.4 |
0.4 |
Total Receipts |
15.3 |
16.1 |
15.2 |
15.5 |
15.9 |
16.7 |
17.2 |
16.2 |
14.8 |
13.9 |
14.7 |
EXPENDITURE |
|
|
|
|
|
|
|
|
|
|
|
1.Interest Payments |
4.3 |
4.5 |
4.6 |
4.7 |
4.7 |
4.8 |
4.5 |
4.1 |
3.7 |
3.6 |
3.4 |
2. Defence* |
2.3 |
2.3 |
2.4 |
2.4 |
2.4 |
2.3 |
2.2 |
2.4 |
2.3 |
2.1 |
2.1 |
3. Subsidies |
1.2 |
1.4 |
1.3 |
1.3 |
1.4 |
1.8 |
1.6 |
1.5 |
1.3 |
1.3 |
1.2 |
of which |
|
|
|
|
|
|
|
|
|
|
|
a.Food Subsidy |
0.5 |
0.5 |
0.5 |
0.6 |
0.8 |
1 |
0.9 |
0.8 |
0.6 |
0.6 |
0.6 |
b.Fertiliser Subsidy |
0.7 |
0.7 |
0.7 |
0.7 |
0.6 |
0.4 |
0.4 |
0.5 |
0.5 |
0.5 |
0.5 |
c.Petroleum Subsidy |
0 |
0 |
0 |
0 |
0 |
0.2 |
0.2 |
0.1 |
0.1 |
0.1 |
0.1 |
4. Social Services** |
1 |
1.1 |
1.2 |
1.2 |
1.2 |
1.2 |
1.2 |
1.3 |
1.5 |
1.6 |
1.8 |
a. Agriculture & allied activities |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
0.2 |
b. Rural Development |
0.4 |
0.3 |
0.3 |
0.2 |
0.3 |
0.5 |
0.4 |
0.3 |
0.4 |
0.4 |
0.4 |
c. Education, Art & Culture |
0.3 |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
0.4 |
0.5 |
0.6 |
0.7 |
d. Health & Family Welfare |
0.2 |
0.2 |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
0.3 |
Total Expenditure |
15.2 |
16 |
15.3 |
15.5 |
15.9 |
16.8 |
17 |
15.9 |
14.2 |
14.2 |
14.7 |
Revenue Deficit |
3.1 |
3.8 |
3.5 |
4.1 |
4.4 |
4.4 |
3.6 |
2.5 |
2.6 |
2 |
1.5 |
Primary Deficit |
1.5 |
2 |
0.7 |
0.9 |
1.5 |
1.1 |
0 |
0 |
0.4 |
0.1 |
-0.2 |
Fiscal Deficit |
5.8 |
6.5 |
5.4 |
5.7 |
6.2 |
5.9 |
4.5 |
4 |
4.1 |
3.7 |
3.3 |