NABARD - Agricultural Credit in India-Trends, Regional Spreads and Database Issues - page 43

19
in public spendings on agriculture. The share of agricultural expenditure in
total development expenditure thus moved up from 11.8% in 2003-04 to 15.1%
in 2008-09 and remained above 13.5% thereafter. Such increases are seen in
both revenue and capital heads of development expenditure earmarked for the
agricultural sector. Though the bulk of development expenditure pertaining to
agriculture falls under revenue expenditure because of rising sizes of subsidies,
Table 2.8(a): Share of Agriculture Expenditure in the Aggregate Combined
Expenditure of the Centre and States
(Revenue
plus
Capital)
(
`
Crore)
Year
GDP at
Current
Market
Prices
Aggregate
Expenditure
Development
Expenditure
Expenditure on Agriculture &
Allied Activities
Total
Expenditure
% of
GDP
% of
Aggregate
Expenditure
% of
Development
Expenditure
1985-86 289524
76415
45325
5523 1.9
7.2
12.2
1986-87 323949
91581
53436
5698 1.8
6.2
10.7
1987-88 368211
101754
57356
6938 1.9
6.8
12.1
1988-89 436893
116139
64865
7955 1.8
6.8
12.3
1989-90 501928
138451
78042
9760 1.9
7.0
12.5
1990-91 586212
155141
83966
11714 2.0
7.6
14.0
1991-92 673875
176996
94536
12597 1.9
7.1
13.3
1992-93 774545
198490
100804
15303 2.0
7.7
15.2
1993-94 891355
225842
111848
17099 1.9
7.6
15.3
1994-95 1045590
258862
129457
20084 1.9
7.8
15.5
1995-96 1226725
293104
139246
21636 1.8
7.4
15.5
1996-97 1419277
325615
157757
22871 1.6
7.0
14.5
1997-98 1572394
372973
178344
26279 1.7
7.0
14.7
1998-99 1803378
445980
206603
33081 1.8
7.4
16.0
1999-00 2012198
517056
239141
36320 1.8
7.0
15.2
2000-01 2168652
552124
251428
35140 1.6
6.4
14.0
2001-02 2348330
613591
274915
34875 1.5
5.7
12.7
2002-03 2530663
661664
292170
36950 1.5
5.6
12.6
2003-04 2837900
762765
360766
42415 1.5
5.6
11.8
2004-05 3242209
824480
367253
46143 1.4
5.6
12.6
2005-06 3693369
933642
441736
58427 1.6
6.3
13.2
2006-07 4294706 1086592
540954
70967 1.7
6.5
13.1
2007-08 4987090 1243598
642281
85363 1.7
6.9
13.3
2008-09 5630063 1519081
796570
120583 2.1
7.9
15.1
2009-10 6457352 1814610
917996
127092 2.0
7.0
13.8
2010-11
(R.E.)
7674148 2194483
1178332
157475 2.1
7.2
13.4
2011-12
(B.E.)
8855797 2358589
1256737
171232 1.9
7.3
13.6
Source:
Ministry of Finance (Department of Economic Affairs) Government of India (2012):
Indian Public
Finance Statistics 2011-12
& earlier issues
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