Government of India received Rs.11,63,386 crore (71.7% of corresponding RE 17-18 of Total Receipts) upto January 2018

The Monthly Account of the Union Government of India upto January 2018 has been consolidated. The highlights are given below:-

The Government of India has received Rs.11,63,386 crore (71.7% of corresponding RE 17-18 of Total Receipts) upto January 2018 comprising Rs. 9,71,323 crore Tax Revenue (Net to Centre), Rs.1,24,364 crore of Non Tax Revenue and Rs.67,699 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs.12,156 crore) and Disinvestment of PSUs (Rs.55,543 crore).

Rs.4,81,477 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period which is Rs.58,631 crore higher than the corresponding period of last year 2016-17.

Total Expenditure incurred by the Government of India is Rs.18,39,945 crore (83.0% of corresponding RE 17-18), out of which Rs.15,75,780 crore is on Revenue Account and Rs.2,64,165 crore is on Capital Account. Out of the total Revenue Expenditure, Rs.4,14,238 crore is on account of Interest Payments and Rs.2,18,581 crore is on account of Major Subsidies.

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