India Revenue Deficit Analysis 2003-04
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 — 2003-04
98,196 crore
Rs 98,196 crore
Previous Year (2002-03)
1.08 lakh crore
Year-over-Year Change
-9.0%
Revenue Deficit — 5-Year Trend
| Year | revenue Deficit | total Rev Receipts | total Rev Expenditure |
|---|---|---|---|
| 2000-01 | Rs 85,234 crore | Rs 1.93 lakh crore | Rs 2.78 lakh crore |
| 2001-02 | Rs 1 lakh crore | Rs 2.01 lakh crore | Rs 3.01 lakh crore |
| 2002-03 | Rs 1.08 lakh crore | Rs 2.31 lakh crore | Rs 3.39 lakh crore |
| 2003-04 | Rs 98,196 crore | Rs 2.64 lakh crore | Rs 3.62 lakh crore |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot — 2003-04
Total Expenditure
4.71 lakh crore
Total Receipts
4.6 lakh crore
Capital Expenditure
1.09 lakh crore
Tax Revenue
1.87 lakh crore
Fiscal Deficit
4.5% of GDP
Interest Payments
1.24 lakh crore