Monthly Account of the Government of India upto the month of January 2019 for the Financial Year 2018-19 published

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

The Government of India has received ₹ 12,30,737 crore (67.52% of corresponding  RE 18-19 of Total Receipts) upto  January 2019 comprising ₹ 10,19,288 crore Tax Revenue (Net to Centre),  ₹ 1,62,126 crore of  Non Tax Revenue and ₹ 49,323 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.13,717 crore) and  Disinvestment of  PSUs (Rs. 35,606 crore).

₹ 5,41,738 crore has been transferred to State Governments as Devolution of  Share of Taxes by Government of India upto this period which is ₹ 60,261 crore higher than the corresponding period of last year 2017-18.

Total Expenditure incurred by Government of India is ₹ 20, 01,582 crore (81.46% of corresponding RE 18-19), out of which ₹ 17, 71,851 crore is on Revenue Account and ₹ 2, 29,731 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 4, 63,325 crore is on account of Interest Payments and ₹ 2, 59,900 crore is on account of Major Subsidies.