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

The Monthly Account of the Union Government of India up to the month of  July, 2018 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 3,49,467 crore (19.22% of corresponding  BE 18-19 of Total Receipts) up to  July, 2018 comprising  Rs. 2,92,611 crore Tax Revenue (Net to Centre),  ₹ 43,125 crore of  Non Tax Revenue and ₹ 13,731 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.4,512 crore) and  Disinvestment of  PSUs (Rs. 9,219 crore).

Rs.2,12,414 crore has been transferred to State Governments as Devolution of  Share of Taxes by Government of India up to this period which is ₹ 19,686 crore higher than the corresponding period of last year 2017-18.

Total Expenditure incurred by Government of India is ₹ 8,89,724 crore (36.43% of corresponding BE 18-19), out of which ₹ 7,78,387 crore is on Revenue Account and ₹ 1,11,337 crore is on Capital Account.   Out of the total Revenue Expenditure, ₹ 1,80,844 crore is on account of  Interest Payments and ₹ 1,41,682 crore is on account of Major Subsidies.