The Budget estimates are presented in this document
in broad aggregates to facilitate easy understanding. For this purpose
certain items of receipts and expenditure have been regrouped. For
example, the expenditure of commercial departments have been taken net
of their receipts so that increase in the volume of transactions does
not inflate the figures on both sides. Similarly, short term loans and
advances given to the States and recovered during the same year have
also been netted.
The document shows the revenue deficit, the fiscal
deficit and the primary deficit. Revenue deficitrefers to
the excess of revenue expenditure over revenue receipts. Fiscal
deficit is the difference between the revenue receipts plus
certain non-debt capital receipts and the total expenditure
including loans, net of repayments. This indicates the total borrowing
requirements of Government from all sources. Primary deficit is measured by fiscal deficit less interest payments.
Note
:Variations, if any, in the figures
shown in this document and those shown in other Budget documents are due
to rounding.
