March 13, 2011

life in financial markets: (part 1) india's budget 28feb11 -- govt. of india's balance sheet & P&L

This is the state of government of India's finances:

CONSOLIDATED FUND OF INDIA'S REVENUE & EXPENDITURE
TREND IN THE LAST 4 FYs & THE FISCAL & REVENUE DEFICITS
Government of India's Balance Sheet & Profit & Loss Account
Gap between expenditure and revenues keeps on widening, reaching
dangerous proportions




2007-08 2008-09 2009-10 2010-11
Revenue Receipts 541864 540259 572811 783833
Capital Receipts 170807 343697 453063 447743
- Borrowings 126912 336992 419869 415998
Total Receipts 712671 883956 1024487 1216576
Revenue Expenditure 594433 793798 911809 1053677
- Interest Payments 171030 192204 213093 240757
Capital Expenditure 118238 90158 112678 162899
Total expenditure 712671 883956 1024487 1216576
Revenue Deficit* 52569 253539 338998 269844
Fiscal Deficit** 126912 336992 418482 400998
Primary Deficit*** -44118 144788 205389 160241
Figures in Rs crore



*  Revenue Expenditure - Revenue Receipts

** Total Expenditure - Revenue Receipts - Capital Receipts (excluding
Borrowings)



*** Revenue Expenditure (excluding Interest Payments) + Capital
Expenditure - Revenue Receipts - Capital Receipts (excluding Borrowings)
Figures are actuals for 2007-08 and 2008-09, provisional actuals for
2009-10 and revised estimates for 2010-11

















































































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