PIB issued a Press Release on Monthly Review of Accounts of Union Government of India for F.Y 19-20 upto Oct 2019

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

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

Rs.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 Rs. 10,205 crore lower than the previous year. Total Expenditure incurred by Government of India is Rs.16,54,905 crore (59.4% of corresponding BE 19-20), out of which Rs.14,53,632 crore is on Revenue Account and Rs.2,01,273 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs.2,89,565 crore is on account of Interest Payments and Rs.2,26,724 crore is on account of Major Subsidies.

The Press Release can be accessed at: https://pib.gov.in/PressReleseDetail.aspx?PRID=1594258