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

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.