The Economic Survey of India, 1997

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Capital Formation by the Central Government and its Financing
[TABLE 2.4]

 

   

1980-81

1990-91

1992-93

1993-94

1994-95

1995-96
(RE)

1996-97
(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) Financed by

9009

45560

46050

65386

68082

71952

71365

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(As per cent of GDP)

1670

3766

6238

6067

4619

3176

3270

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

4.2

3.7

3.4

II

Gross saving of the CentralGovernment

0

-2

-1.2

-2.5

-1.5

-1.2

-0.8

III.

Gap(I-II) Financed by

6.6

8.5

6.5

8.1

7.1

6.5

5.7

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

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 (per cent increase over the previous year)

1.2

0.7

0.9

0.7

0.5

0.3

0.3

I.

Gross capital formation out of budgetary resources of Central Government

24.7

6.2

7.1

19.7

20.3

7.6

5

Notes:

  1. Gross capital formation includes loans given for capital formation on a gross basis. Consequently, domestic capital receipts include loan repayments to the Central Government.

  2. Because of the revision in GDP estimates, the ratios given here may differ from those given in the earlier issues of Economic Survey

 

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The Economic Survey Of India, 1997

Document released by the Ministry of Finance, Government of India, on 25th February, 1997.
Made available on the Web on the same day, by MediaWeb India, on
The Indian Economy Overview (http://www.m-web.com).

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