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Home News News and Press Release Month 12 2017 2017 (12) This

Highlights of the Monthly Account of the Government of India upto November 2017

29-12-2017
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The Monthly Accounts of the Union Government of India upto November 2017 have been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 8,66,710 crore (54.2% of corresponding BE 17-18 of Total Receipts) upto November 2017 comprising ₹ 6,99,392 crore Tax Revenue (Net to Centre), ₹ 1,05,469 crore of Non Tax Revenue and ₹ 61,849 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.9,471crore) and Disinvestment of PSUs (Rs.52,378crore).

Rs.3,85,286 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period.

Total Expenditure incurred by Government of India is ₹ 14,78,815 crore (68.9% of corresponding BE 17-18), out of which ₹ 12,94,700 crore is on Revenue Account and ₹ 1,84,115 crore is on Capital Account. Out of the total Revenue Expenditure, ₹ 3,09,799 crore is on account of Interest Payments and ₹ 2,06,068 crore is on account of Major Subsidies.

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