Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21

The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21 has been consolidated and reports published. The highlights are given below:-

The Government of India has received ₹ 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising ₹ 14,24,035 crore Tax Revenue (Net to Centre), ₹ 2,08,059 crore of Non Tax Revenue and ₹ 57,626 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹ 19,729 crore) and Disinvestment Proceeds (₹ 37,897 crore).

₹ 5,94,997 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is ₹ 55,680 crore lower than the previous year.

Total Expenditure incurred by Government of India is ₹ 35,11,181 crore (101.76% of corresponding RE 20-21), out of which ₹ 30,86,360 crore  is on Revenue Account and ₹ 4,24,821 crore is on Capital Account. Out of the Total Revenue Expenditure, ₹ 6,82,079 crore is on account of Interest Payments and ₹ 6,89,545 crore is on account of Major Subsidies.