Monthly Review of Accounts of Union Government of India upto the month of January 2020 for the Financial Year 2019-20.

The Monthly Account of the Union Government of India upto the month of January 2020 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 12,82,857 crore (66.41% of corresponding RE 19-20 of Total Receipts) upto January 2020 comprising ₹ 9,98,037 crore Tax Revenue (Net to Centre),  ₹ 2,52,083 crore of  Non Tax Revenue and ₹ 32,737 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 14,386 crore) and Disinvestment Proceeds (₹ 18,351 crore).

₹ 5,30,735 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 11,003 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 22,68,329,crore (84.06% of corresponding RE 19-20), out of which ₹ 20,00,595 crore is on Revenue Account and ₹ 2,67,734 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 4,71,916 crore is on account of Interest Payments and ₹ 2,62,978 crore is on account of Major Subsidies.