MAJOR/ SUB-MAJOR HEADS |
MINOR HEADS |
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6001 |
Internal Debt of Central Government |
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101 |
Market Loans (1) |
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103 |
Treasury Bills and connected Securities issued to R.B.I. (2) |
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105 |
Securities issued to International Financial Institutions (3) |
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106 |
Compensation and other Bonds (9) |
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107 |
Special securities issued to Reserve Bank of India (5) |
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108 |
182-Days-Treasury Bills (6) |
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110 |
364-Days-Treasury Bills (6) |
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111 |
Gold Bonds 1998 |
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112 |
10% Relief Bonds, 1993 |
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113 |
12.08% Government of India Compensation (Project Exports to Iraq) Bonds, 2001 (7) |
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114 |
Ways & Means Advances from Reserve Bank of India |
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115 |
14 Day Treasury Bills (8) |
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116 |
28 Day Treasury Bills |
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117 |
Marketable Securities Issued In Conversion of Special Securities |
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121 |
Special Central Government Securities issued against outstanding balances of Small Savings as on 31-3-99 |
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122 |
Special Central Government Securities issued against net collections of Small Savings from 1-4-99 |
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800 |
Other Loans (4) |
Notes:
(1) This minor head shall have three sub heads namely: -
Each denomination of loan will appear as a distinct detailed head under the sub-head (a) above. The amounts representing unclaimed balance of old loans which have been notified for discharge and have ceased to bear interest from the due date of discharge will be transferred from the sub-head (a) above to the sub-head (b) and will appear under corresponding detailed heads under the latter sub-head.
These unclaimed balances are usually retained in Government Accounts as debt for 20 years from the date of discharge of the loans, after which, the balances are transferred to Revenue by credit to the head "0075 Miscellaneous General Services -Other Receipts”. Repayments of these amounts subsequently claimed likewise will be debited to the head "2075 - Miscellaneous General Services - Other Expenditure".
The full nominal value of Zero Coupon Bonds, 1999 will also be credited under a detailed head "Zero Coupon Bonds, 1999" below the sub-head (b) above and the amount of discount on the Bond will be debited to the minor head "136 - Discount Sinking Fund" with sub-head "Sinking Fund for Zero Coupon Bonds, 1999" thereunder below the major head "8663- Accounting Adjustment Suspense''. The amount debited to the minor head '136- Discount Sinking Fund' below the major head ‘8663- Accounting Adjustment Suspense’ will be written back to revenue in equal instalment over the currency of loan by debting one fifth of the amount initially debited to "Discount Sinking Fund'' to the expenditure major/sub-major/ minor head "2049- Interest Payments - 01 - Interest on Internal Debt - 113 Discount on Zero Coupon Bonds, 1999" per contra credit i.e. minus Debit to the minor head "136- Discount Sinking Fund' below the major head "8663- Accounting Adjustment Suspense". On maturity of the Bonds, the entire amount will be repaid by debiting major/minor/ sub/detailed head "6001 - Internal Debt of Central Government - 101 Market Loans -Market Loans not bearing interest - Zero Coupon Bonds, 1999.
The subscriptions towards Market Loans received initially will be credited under a distinct detailed head below the sub-head (c) above. The amount of accepted subscription for which scrips are issued by the RBI will be transferred to the sub-head (a). The over -subscribed amount which will not bear any interest may be refunded by minus credit to the sub-head (c) and no budget provision will be necessary for this purpose.
(2) This minor head shall have two sub-heads, namely: -
The sub-head at (a) will cater to investments in Government of India Treasury Bills subscribed to by the State Governments, Banks, Corporations etc of their surpluses and the repayments thereto. The subhead at (b) shall account for Treasury Bills converted special securities and issued to Reserve bank of India.
(3) Each institution, namely, the International Monetary Fund, the International Bank for Reconstruction and Development, the International Development Association etc. will appear as sub-heads under this minor head with Detailed Heads for each denomination of the Security for such Institutions.
(4) This minor head will record transactions in respect of loans for construction/ Acquisition of residential/Non-residential buildings constructed by the Government of India missions abroad from foreign branches of Indian financial institutions like L.I.C., Banks etc.
(5) This minor head shall account for securities issued to Reserve Bank of India for acquisition of Special Drawing Rights etc.
(6) This minor head will record investment made by all parties other than Reserve Bank of India.
(7) When the bonds are issued, the full nominal value of the bonds will be credited under this minor head per contra debit to a minor head '137-Suspense Account -Redemption of 12.08% Government of India compensation (Project Exports to Iraq) Bonds, 2001 below the major head '8663- Accounting Adjustment Suspense'.
Also please see Note (4) below the major head '8663 Accounting Adjustment Suspense'. On redemption of bonds the amount will be debited under this minor head after making necessary budget provision of that year.
(8) The temporary cash surpluses of State Governments, foreign central banks and other specified bodies so invested will be classified under this minor head. This minor head will include transactions of '14-Days Treasury Bills' through auction and also transactions relating to 13/15 days Treasury Bills"
(9) The unclaimed balances of these bonds are usually retained in Government Accounts for 20 years from the date of their maturity after which the balances are transferred to Revenue by credit to the head '0075 Miscellaneous General Services - Other Receipts'. Repayments of these amounts subsequently claimed likewise will be debited to the head '2075-Miscellaneous General Services - Other Expenditure’.
MINOR HEADS |
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6002 |
External Debt (1) |
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201 |
Loans from Abu Dhabi fund for Arab Economic Development |
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202 |
Loans from the Federal Austrian Government |
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203 |
Loans from the Government of the Kingdom of Belgium |
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204 |
Loans from the Government of Canada |
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205 |
Loans from the Government of Czechoslavak Republic |
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206 |
Loans from the Government of Denmark |
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207 |
Loans from the European Economic Community |
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208 |
Loans from the Government of France |
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209 |
Loans from the Government of Federal Republic of Germany |
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210 |
Loans from the Government of Hungarian People's Republic |
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211 |
Loans from the Government of Iraq |
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212 |
Loans from the Government of Italy |
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213 |
Loans from the International Development Association |
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214 |
Loans from I.F.A.D. |
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215 |
Loans from International Monetary Fund |
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216 |
Loans from the International Bank for Reconstruction and Development |
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217 |
Loans from the Government of Japan |
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218 |
Loans from Kuwait fund for Arab Economic Development |
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219 |
Loans from the Govt. of Norway |
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220 |
Loans from the Government of Netherlands |
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221 |
Loans from the O.P.E.C. Special Fund |
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222 |
Loans from the Government of Polish People's Republic |
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223 |
Loans from the Government of Swiss Confederation and Swiss Banks |
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224 |
Loans from Saudi fund for Development |
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225 |
Loan From The Government Of United Kingdom |
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226 |
Loans from the Agency for International Development U.S.A |
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227 |
Loans from the Government of U.S.A. under PL-480 convertible local currency Credits |
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228 |
Other miscellaneous Loans from the Government of U.S.A |
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229 |
Loans from the exim bank of U.S.A. (Repayable in U.S. Dollars) |
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230 |
Loans from the Government of Russian Federation |
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231 |
Loans from the Government of United Arab Emirates |
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232 |
Loans from the Central Republic of Yugoslavia |
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233 |
Loans from the Govt. of Sweden |
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234 |
Loans from Swedish Int. Development Agency (SIDA) |
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235 |
Loans from UN |
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236 |
Loans from UNDP |
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237 |
Loans from UNICEF |
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238 |
Loans from WHO |
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239 |
Loans from IAEA, Vienna |
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240 |
Loans from DANIDA |
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241 |
Loans from New Zealand |
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242 |
Loans from the Govt. of Australia |
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243 |
Loans under Colombo Plan |
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244 |
Loans from I.L.O. |
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245 |
Loans from UNFPA |
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246 |
Loans from International Rice Research Institute |
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247 |
Loans from Integrated Rural Development |
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248 |
Loans from International Development Research Centre |
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249 |
Loans from the Government Qatar in connection with retirement of Indian Currency. |
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250 |
Loans from Asian Development Bank |
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251 |
Loans from Government of Spain. |
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298 |
Defence Certificates |
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299 |
Loans for Construction/acquisition of buildings by Indian Missions abroad |
Note:
(1) Each denomination of loan received from each foreign counter/Institution will appear as a sub-head under the relevant minor heads.
MINOR HEADS |
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6003 |
Internal debt of the State Government |
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101 |
Market Loans (1) |
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103 |
Loans from Life Insurance Corporation of India |
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104 |
Loans from General Insurance Corporation of India |
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105 |
Loans from the National Bank for Agricultural and Rural Development |
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106 |
Compensation and other Bonds (3) |
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107 |
Loans from the State Bank of India and other Banks |
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108 |
Loans from National Co-operative Development Corporation |
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109 |
Loans from other Institutions (2) |
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110 |
Ways and Means Advances from the Reserve Bank of India |
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111 |
Special Securities issued to National Small Savings Fund of the Central Government |
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800 |
Other Loans |
Notes:
(1) See Note 1 below "6001-Internal Debt of the Central Government".
(2) Each institution from which loans are received will appear as a distinct sub-head under this minor head,
(3) The unclaimed balances of these bonds are usually retained in Government Accounts for 20 years from the date of their maturity after which the balances are transferred to Revenue by credit to the head '0075 Miscellaneous General Services - Other Receipts'. Repayments of these amounts subsequently claimed likewise will be debited to the head '2075-Miscellaneous General Services - Other Expenditure.
MINOR HEADS |
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6004 |
Loans and Advances from the Central Government |
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01 Non-Plan Loans |
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101 |
Loans to cover gap in resources |
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102 |
Share of Small Savings Collections |
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201 |
House Building Advances |
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800 |
Other Loans |
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02 Loans for State/Union Territory Plan Schemes |
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101 |
Block Loans |
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102 |
Loans as Advances Plan Assistance for relief on account of Natural Calamities (6) |
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103 |
Loans against External Assistance received in kind |
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104 |
1984-89 State Plan Loans Consolidated in terms of recommendations of the 9th Finance Commission '. |
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03 Loans for Central Plan Schemes |
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321 |
Village and Small Industries |
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800 |
Other Loans |
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04 Loans for Centrally Sponsored Plan Schemes |
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05 Loans for Special Schemes |
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101 |
Schemes of North Eastern Council |
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102 |
Development of Border Areas. |
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06 Ways and Means Advances |
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101 |
Ways and Means Advances for Plan Schemes |
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102 |
Ways and Means Advances towards Expenditure on upgradation of Standards of Administration (5) |
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103 |
Ways and Means Advances towards Expenditure on net Interest liability on account of fresh borrowings and lending (5) |
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800 |
Other Ways and Means Advance |
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07 Pre-1984-85 Loans (1) |
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101 |
Rehabilitation of Displaced Persons, Repatriates etc. (2) |
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102 |
National Loan Scholarship Scheme (3) |
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103 |
Loans to clear overdrafts advanced during 1982-83 and 1983-84 (3) |
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104 |
Consolidated Loans to Orissa for Hirakund Project - Stage I |
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105 |
Small Savings Loans |
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106 |
Pre-1979-80 consolidated Loans for Productive and Semi productive purposes (4) |
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107 |
Pre-1979-80consolidated loans reconsolidated into 25year and 30 year loans(7) |
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108 |
1979-84 consolidated Loans (8) |
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109 |
Rehabilitation of Gold Smiths |
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800 |
Other Loans (9) |
Notes:
(1) This sub-major head has been provided to account for the outstanding balance of the central loans advanced to States upto 31.3.1984 as on 1.4.85.
(2) This minor head will have the following three sub-heads.--
(3) In respect of these loans, the repayments by the State Government to the Centre would be according to thd terms on which the loans were sanctioned.
(4) This minor head will have the following sub-heads: -
(5) This minor head shall be operated to classify temporarily the advances received by the State Government as recommended by the 7th Finance commission pending issue of presidential order within the close of the Financial year and such advances shall be free of interest. The advances so classified shall be withdrawn within the account of the same financial year by minus credit and shall be brought to account under the major head "1601-Grants-in-aid from central Government",
(6) Loans as advanced Plan assistance for drought relief will be adjusted under distinct sub-head Drought-Relief.
(7) This minor head will have the following two sub-heads.
(8) This minor head will have the following four sub-head: -
(9) This minor head would include write off of overpayments during 1985-89 as recommended by the Eighth Finance Commission. The balances of the pre 1984-85 'Orissa Hirakund project Stage I" loans and the 1979-84 consolidated loans will also initially be debited to this minor head. The final allocation of the amounts of loans under these categories will follow formal sanction of the Government of India.
MINOR HEADS |
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6005 |
External Debt Suspense (1) |
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101 |
Disbursement under Direct Payment Procedure (1) |
Note :
(1) This major/minor head will account for the external loan transaction under the Direct Payment Procedure i.e. when the amount is required to be paid by the importer. Payments to Suppliers abroad out of external loans by the Donors will initially be taken as a credit against the relevant grant/loan minor head under the major heads '1605 External Grant Assistance', '6002 External Debt' per contra minus credit to this major/minor head. This minus credit will be relieved when the deposit is received from the Indian importer.