The Monthly Account of the Union Government of India upto the month of November 2019 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 10,12,223 crore (48.60% of corresponding  BE 19-20 of Total Receipts) upto November 2019 comprising  ₹ 7,50,614 crore Tax  Revenue (Net to Centre),  ₹ 2,32,600 crore of  Non Tax Revenue and ₹ 29,009 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 10,910 crore) and Disinvestment Proceeds(₹ 18,099 crore).

₹ 4,21,850 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 10,113 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 18,20,057 crore (65.3% of corresponding BE 19-20), out of which ₹ 16,06,215 crore is on Revenue Account and ₹ 2,13,842 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 3,41,812 crore is on account of Interest Payments and ₹ 2,35,015 crore is on account of Major Subsidies.

 

 

Union government fiscal review reports receipts composition, state devolution and the split between revenue and capital expenditure. Monthly consolidation to November 2019 reports total receipts comprising tax revenue (net), non tax revenue and non debt capital receipts (loan recoveries and disinvestment), records devolution of tax shares to states, and presents total expenditure split into revenue and capital accounts with interest payments and major subsidies identified as principal components of revenue expenditure.