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India Revenue Deficit Analysis 2002-03

The revenue deficit shows whether the government earns enough revenue to cover its day-to-day expenses. A persistent revenue deficit means the government borrows not just for investment but for routine spending — a sign of fiscal stress.

Revenue Deficit — 2002-03

1.08 lakh crore

Rs 1.08 lakh crore

Previous Year (2001-02)

1 lakh crore

Year-over-Year Change

+7.7%

Revenue Deficit — 5-Year Trend

Yearrevenue Deficittotal Rev Receiptstotal Rev Expenditure
2000-01Rs 85,234 croreRs 1.93 lakh croreRs 2.78 lakh crore
2001-02Rs 1 lakh croreRs 2.01 lakh croreRs 3.01 lakh crore
2002-03Rs 1.08 lakh croreRs 2.31 lakh croreRs 3.39 lakh crore

Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.

Budget Snapshot — 2002-03

Total Expenditure

4.13 lakh crore

Total Receipts

4.1 lakh crore

Capital Expenditure

74,535 crore

Tax Revenue

1.59 lakh crore

Fiscal Deficit

5.9% of GDP

Interest Payments

1.17 lakh crore

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