Page 441 - ES 2020-21_Volume-1-2 [28-01-21]

68 Economic Survey 2020-21 Volume 2

Figure 9: Trends in Deficits

2.5 4.6 5
4.1 3.9 2.4
2.0 3.5 3.5 3.4 3.5 4

Percent of GDP 1.5 1.5 1.4 1.6 1.8 3 Percent of GDP

1.0
2
0.5 1
0.4 0.4
0.0 0
2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 PA 2020-21 BE
Effective RD PD FD (RHS)

Source: Union Budget Documents & CGA
BE: Budget Estimate, PA: Provisional Actuals
FD: Fiscal Deficit; RD: Revenue Deficit; Primary Deficit
Table 5: Central Government’s Fiscal Parameters

2019-20 2020-21
2014-15 2015-16 2016-17 2017-18 2018-19 PA BE

(in ` Lakh crore; Figures in parenthesis are as a per cent of GDP)
Revenue Receipts 11.01 11.95 13.74 14.35 15.53 16.82 20.21

(8.8) (8.7) (8.9) (8.4) (8.2) (8.3) (9)
Gross Tax Revenue 12.45 14.56 17.16 19.19 20.80 20.10 24.23
(10) (10.6) (11.2) (11.2) (11) (9.9) (10.8)
Net tax revenue 9.04 9.44 11.01 12.42 13.17 13.56 16.36
(7.2) (6.9) (7.2) (7.3) (6.9) (6.7) (7.3)
Non-tax revenue 1.98 2.51 2.73 1.93 2.36 3.26 3.85

(1.6) (1.8) (1.8) (1.1) (1.2) (1.6) (1.7)
Non-debt capital receipts* 0.51 0.63 0.65 1.16 1.13 0.69 2.25
(0.4) (0.5) (0.4) (0.7) (0.6) (0.3) (1)
Non-debt receipts 11.53 12.58 14.4 15.51 16.66 17.51 22.46

(9.2) (9.1) (9.4) (9.1) (8.8) (8.6) (10)
Total Expenditure 16.64 17.91 19.75 21.42 23.15 26.86 30.42
(13.3) (13.0) (12.9) (12.5) (12.2) (13.2) (13.5)
Revenue Expenditure 14.67 15.38 16.91 18.79 20.07 23.50 26.30
(11.8) (11.2) (11.0) (11.0) (10.6) (11.6) (11.7)

Capital Expenditure 1.97 2.53 2.85 2.63 3.08 3.37 4.12
(1.6) (1.8) (1.9) (1.5) (1.6) (1.7) (1.8)
Fiscal Deficit 5.11 5.33 5.36 5.91 6.49 9.36 7.96