Monthly Review of Accounts of Union Government of India upto the month of May 2019 for the Financial Year 2019-20.

The Monthly Account of the Union Government of India up to the month of May 2019 has been consolidated and reports published. 

The highlights are given below:- 

The Government of India has received ₹ 1,46,830 crore (7.06% of corresponding  BE 19-20 of Total Receipts) upto May 2019 comprising ₹ 1,15,340 crore Tax Revenue (Net to Centre),  ₹ 28,423 crore of  Non Tax Revenue and ₹ 3,067 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 712 crore) and Disinvestment Proceeds (₹ 2,355 crore). 

₹ 99,087 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 12,491 crore lower than the previous year. 

Total Expenditure incurred by Government of India is ₹ 5,12,987 crore (18.42% of corresponding BE 19-20), out of which ₹ 4,65,284 crore is on Revenue Account and ₹ 47,703 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 74,804 crore is on account of Interest Payments and ₹ 1,15,059 crore is on account of Major Subsidies.