Monthly Accounts of Government of India up to the month of November 2018 for the Financial Year 2018-19 consolidated and Reports published

The Monthly Account of the Union Government of India up to the month of November, 2018 has been consolidated and Reports published.

The highlights are given below:-

The Government of India has received ₹ 8,96,583 crore (49.32% of corresponding BE 18-19 of Total Receipts) up to November, 2018 comprising ₹ 7,31,669 crore Tax Revenue (Net to Centre),  ₹ 1,38,637 crore of Non-Tax Revenue and ₹ 26,277 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (Rs.10,467 crore) and  Disinvestment of  PSUs (Rs. 15,810 crore).

₹ 4,31,963 crore has been transferred to the State Governments as Devolution of  Share of Taxes by the Government of India up to this period which is ₹ 46,677 crore higher than the corresponding period of last year 2017-18.

Total Expenditure incurred by Government of India is ₹ 16,13,208 crore (66.06% of corresponding BE 18-19), out of which ₹ 14,21,778 crore is on Revenue Account and ₹ 1,91,430 crore is on Capital Account. Out of the total Revenue Expenditure, ₹ 3,48,233 crore is on account of Interest Payments and ₹ 2,19,046 crore is on account of Major Subsidies.