India Fiscal Deficit Analysis 2002-03
The fiscal deficit measures the gap between total government expenditure and total receipts excluding borrowings. It indicates how much the government needs to borrow to finance its spending, directly impacting national debt, interest payments, and long-term fiscal sustainability.
Fiscal Deficit тАФ 2002-03
1.45 lakh crore
Rs 1.45 lakh crore
Previous Year (2001-02)
1.41 lakh crore
Year-over-Year Change
+2.9%
Fiscal Deficit тАФ 5-Year Trend
| Year | Fiscal Deficit | % of GDP |
|---|---|---|
| 2000-01 | Rs 1.19 lakh crore | 5.5% |
| 2001-02 | Rs 1.41 lakh crore | 6.2% |
| 2002-03 | Rs 1.45 lakh crore | 5.9% |
Source: Union Budget Documents, Ministry of Finance. Figures may include BE/RE/Actuals depending on availability.
Budget Snapshot тАФ 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