Monthly Review of Union Government of India up to the month of August 2018 for the Financial Year 2018-19

The Monthly Account of the Union Government of India upto the month of August, 2018 has been consolidated and reports published.

The highlights are given below:-

Total Expenditure incurred by Government of India is ₹ 10, 70,859 crore (43.85% of corresponding BE 18-19), out of which ₹ 9,38,641 crore is on Revenue Account and ₹ 1,32,218 crore is on Capital Account. Out of the total Revenue Expenditure, ₹ 2,19,111 crore is on account of  Interest Payments and ₹ 1,70,617 crore is on account of Major Subsidies.

The Government of India has received ₹ 4,79,568 crore (26.38% of corresponding  BE 18-19 of Total Receipts) up to  August, 2018 comprising ₹ 3,66,216 crore Tax Revenue (Net to Centre),  Rs. 98,332 crore of Non-Tax Revenue and ₹ 15,020 crore of Non Debt Capital Receipts.    Non-Debt Capital Receipts consists of Recovery of Loans (Rs.5,596 crore) and  Disinvestment of  PSUs (Rs. 9,424 crore).

₹ 2,67,302 crore has been transferred to State Governments as Devolution of  Share of Taxes by the Government of India up to this period which is ₹ 26,390 crore higher than the corresponding period of last year 2017-18.