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Home News News and Press Release Month 11 2019 2019 (11) This

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

29-11-2019
  • Contents

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

The Government of India has received ₹ 9,34,460 crore (44.87% of corresponding  BE 19-20 of Total Receipts) upto October 2019 comprising ₹ 6,83,486 crore Tax Revenue (Net to Centre),  ₹ 2,24,148 crore of  Non Tax Revenue and ₹ 26,826 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 9,461 crore) and Disinvestment Proceeds (₹ 17,365 crore).

₹ 3,66,871 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 10,205 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 16,54,905 crore (59.4% of corresponding BE 19-20), out of which ₹ 14,53,632 crore  is on Revenue Account and ₹ 2,01,273 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 2,89,565 crore is on account of Interest Payments and ₹ 2,26,724 crore is on account of Major Subsidies.

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