Lok Sabha Question No. 129 (UNSTARRED), answered on 2020-02-03
Subject: Off-Budget Expenses
Ministry: FINANCE
Asked by: Uttam Kumar Nalamada Reddy, Gaurav Gogoi

## Government of India

## Ministry of Finance

## Department of Economic Affairs

## LOK SABHA

UNSTARRED QUESTION NO. 129 ANSWERED ON - 03.02.2020

## OFF-BUDGET EXPENSES

## 129. SHRI UTTAM KUMAR REDDY NALAMADA: SHRI GAURAV GOGOI:

Will the Minister of FINANCE be pleased to state:

- (a) whether it is true that expenditure of close to Rs. four lakh crores has been recorded as off-budget expenses;
- (b) if  so,  the  details  thereof  and  the  reasons  therefor  along  with  the  details  of  off-budget spending  and  the  sectors  the  money  was  targeted  towards  including  the  way  the Government generated the money for the said off-budget expenses;
- (c) the details and value of off-budget liabilities incurred by the Government since 2014;
- (d) whether the fiscal deficit for the financial year 2017-18 is at least 0.9 per cent more than that was reported;
- (e) if so, the details thereof along with the details of fiscal deficit during the last five years, including off-budget liabilities; and
- (f) the details of reasons due to which these liabilities have been included in the budget?

## ANSWER

## MINISTER OF STATE FOR FINANCE (SHRI ANURAG SINGH THAKUR

- (a), (b) and (c) Statement 27 of the Expenditure Profile 2019-20 contains the details of the Extra Budgetary  Resources  (Government  Fully  Serviced  bonds)  of  the  Government  of  India  since 2016-17. A copy of the said Statement is at Annexure.
- (d)  and  (e)  No.  As  per  Section  2(a)  of  the  Fiscal  responsibility  and  Budget  Management  Act, 2003,  ' fiscal  deficit  means  the  excess  of  total  disbursements,  from  the  Consolidated  Fund  of India,  excluding  repayment  of  debt,  over  total  receipts  into  the  Fund,  (excluding  the  debt

receipts), during a financial year '. Fiscal Deficit as per this definition for the last five years may be seen in the table below -

Source: 1. Union Government Finance Accounts

| Financial Year   | Fiscal Deficit (in ₹ crore)   | Fiscal Deficit as %of GDP   |
|------------------|-------------------------------|-----------------------------|
| 2014-15          | 5,10,817                      | 4.1%                        |
| 2015-16          | 5,32,783                      | 3.9%                        |
| 2016-17          | 5,37,799                      | 3.5%                        |
| 2017-18          | 5,91,062                      | 3.5%                        |
| 2018-19 (prov.)  | 6,45,367                      | 3.4%                        |

2. Unaudited Monthly Accounts at the end of March, 2019.
2. (f) The  liabilities  on  account  of  Extra  Budgetary  Recourses  contained  in  Statement  27  of Expenditure Profile are raised by Public Sector Undertakings. Interest payment and repayment of principal  amount  on  account  of  these  liabilities  are  booked  as  expenditure  in  the  respective Demands for Grants, whenever they arise.

*****

## Annexure

(₹ crore)

| Statement of Extra Budgetary Resources (Govt. fully serviced bonds)   | Statement of Extra Budgetary Resources (Govt. fully serviced bonds)                                   | Statement of Extra Budgetary Resources (Govt. fully serviced bonds)   | Statement of Extra Budgetary Resources (Govt. fully serviced bonds)   | Statement of Extra Budgetary Resources (Govt. fully serviced bonds)   | Statement of Extra Budgetary Resources (Govt. fully serviced bonds)   |
|-----------------------------------------------------------------------|-------------------------------------------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|-----------------------------------------------------------------------|
| Demand No.                                                            | Name of the Ministry/Department and Name of the Scheme                                                | 2016-17 Actuals                                                       | 2017-18 Actuals                                                       | 2018-19 Actuals                                                       | 2019-20 BE                                                            |
| 42                                                                    | Department of Health &Family Welfare                                                                  |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | Pradhan Mantri Swasthya Suraksha Yojana                                                               | ---                                                                   | ---                                                                   | ---                                                                   | 5000.00                                                               |
| 57                                                                    | Ministry of Housing &Urban Affairs                                                                    |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | Pradhan Mantri Awas Yojana (PMAY) - Urban                                                             | ---                                                                   | ---                                                                   | 20000.00                                                              | 20000.00                                                              |
| 59                                                                    | Department of Higher Education                                                                        |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | Revitalising Infrastructure and Systems in Education (RISE)                                           | ---                                                                   | ---                                                                   | ---                                                                   | 5000.00                                                               |
| 61                                                                    | Department of Water Resources, River Development &Ganga Rejuvenation                                  |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | (i) Polavaram Irrigation Project                                                                      | ---                                                                   | ---                                                                   | 1400.00                                                               | ---                                                                   |
|                                                                       | (ii) Pradhan Mantri Krishi Sinchai Yojana (Accelerated Irrigation Benefits Programme &other Projects) | 2187.00                                                               | 3105.00                                                               | 5493.40                                                               | 4882.00                                                               |
| 62                                                                    | Department of Drinking Water& Sanitation                                                              |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | (i) Swachh Bharat Mission (Rural) (ii) Jal Jeevan Mission/National Rural Drinking Water Programme     | --- ---                                                               | --- ---                                                               | 8698.20 ---                                                           | 5000.00 6300.00                                                       |
| 70                                                                    | Ministry of New &Renewable Energy                                                                     |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | (i) Grid Interactive Renewable Power, Off- Grid/ Distributed &Decentralized Renewable Power           | 1640.00                                                               | ---                                                                   | ---                                                                   | ---                                                                   |
|                                                                       | (ii) Pradhan Mantri-Kisan Urja Sanrakshan Evam Utthan Mahabhiyan (PM- KUSUM)                          | ---                                                                   | ---                                                                   | ---                                                                   | 822.00                                                                |
| 77                                                                    | Ministry of Power                                                                                     |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | (i) Deen Dayal Upadhyaya Gram Jyoti Yojana/SAUBHAGYA                                                  | 5000.00                                                               | 4000.00                                                               | 13827.00                                                              | 9000.00                                                               |
|                                                                       | (ii) Power System Development Fund Projects                                                           | ---                                                                   |                                                                       | 5504.70                                                               | ---                                                                   |
| 85                                                                    | Department of Rural Development                                                                       |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | Pradhan Mantri Awas Yojana (PMAY) - Rural                                                             | ---                                                                   | 7330.00                                                               | 10678.80                                                              | ---                                                                   |
| 90                                                                    | Ministry of Shipping                                                                                  |                                                                       |                                                                       |                                                                       |                                                                       |
|                                                                       | Inland Waterways Authority of India (IWAI) Projects                                                   | 340.00                                                                | 660.00                                                                | ---                                                                   | 1000.00                                                               |
|                                                                       | Total                                                                                                 | 9167.00                                                               | 15095.00                                                              | 65602.10                                                              | 57004.00                                                              |