New Delhi: The Monthly Account of the Union Government of India up to the month of November 2019 has been consolidated and reports published. The highlights are given below:-
The Government of India has received Rs.10,12,223 crore (48.60% of corresponding BE 19-20 of Total Receipts) up to November 2019 comprising Rs. 7,50,614 crore Tax Revenue(Net to Centre), Rs.2,32,600 crore of Non Tax Revenue and Rs.29,009 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.10,910 crore) and Disinvestment Proceeds(Rs. 18,099 crore).
Rs.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 Rs. 10,113 crore lower than the previous year.
Total Expenditure incurred by Government of India is Rs.18,20,057 crore (65.3% of corresponding BE 19-20), out of which Rs.16,06,215 crore is on Revenue Account and Rs.2,13,842 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs.3,41,812 crore is on account of Interest Payments and Rs.2,35,015 crore is on account of Major Subsidies.
