Press Information Bureau Government of India Ministry of Finance 29-March-2019 17:20 IST Review of the Monthly Account of the Gov...
Press Information Bureau
Government of India
Ministry of Finance
29-March-2019 17:20 IST
Review of the Monthly Account of the Government of India up to the month of February 2019 for the Financial Year 2018-19
The Monthly Account of the Union Government of India up to the month of February 2019 for the Financial Year 2018-19 has been consolidated and reports published.
The highlights are given below:-
The Government of India has received Rs.13,37,340 crore (73.37% of corresponding RE 18-19 of Total Receipts) upto February 2019 comprising Rs. 10,93,923 crore Tax Revenue (Net to Centre), Rs. 1,71,755 crore of Non Tax Revenue and Rs.71,662 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.15,042 crore) and Disinvestment of PSUs (Rs. 56,620 crore).
Rs. 5,96,667 crore has been transferred to the State Governments as Devolution of Share of Taxes by Government of India up to this period which is Rs. 67,043 crore higher than the corresponding period of last year 2017-18.
Total Expenditure incurred by Government of India is Rs.21,88,839 crore (89.08% of corresponding RE 18-19), out of which Rs.19,15,303 crore is on Revenue Account and Rs.2,73,536 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs.5,01,160 crore is on account of Interest Payments and Rs.2,63,868 crore is on account of Major Subsidies.