Indian New Budget 2009 - 2010 Budget At a Glance Explanatory Notes.
Explanatory Notes
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 deficit
refers 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.