Monthly Review of Accounts of Union Government of India up to the month of August 2019 for the Financial Year 2019-20.

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

The Government of India has received ₹ 6,21,461 crore (29.84% of corresponding  BE 19-20 of Total Receipts) upto August 2019 comprising  ₹ 4,04,580 crore Tax Revenue (Net to Centre),  ₹ 1,98,621 crore of  Non Tax Revenue and ₹ 18,260 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 5,902 crore) and Disinvestment Proceeds (₹ 12,358 crore).

₹ 2,55,605 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 11,697 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 11,75,301 crore (42.2% of corresponding BE 19-20), out of which ₹ 10,39,125 crore  is on Revenue Account and ₹ 1,36,176 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 2,19,026 crore is on account of Interest Payments and ₹ 1,89,527 crore is on account of Major Subsidies.