From mboxrd@z Thu Jan  1 00:00:00 1970
From: Marcelo Tosatti <mtosatti@redhat.com>
Subject: Re: Steal time in KVM
Date: Mon, 8 Oct 2012 17:02:23 -0300
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To: Abhishek Gupta <gupta59@illinois.edu>
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On Mon, Oct 08, 2012 at 02:47:59PM -0500, Abhishek Gupta wrote:
> I think this flag is enabled since I see that there is some information
> 
> cat /proc/schedstat

This is in the host? Then, yes, the host has schedstat enabled.

Definition of steal time: the amount of time in which this vCPU did not
run.

So with some CPU load on the host system, you should see "steal time"
!= 0 in the guest system.