Monthly Review of Accounts of Union GoI for the FY 2020-21

Last updated: 29 January 2021

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The Union Government of India's accounts for the financial year 2020-21, up to December 2020, have been published. Total receipts reached ₹11,21,678 crore, with tax revenue forming the largest portion. Total expenditure stood at ₹22,80,147 crore, including significant amounts for interest payments and major subsidies.

Monthly Review of Accounts of Union Government of India upto the month of December, 2020 for the Financial Year 2020-21

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

The Government of India has received ₹11,21,678 crore (50% of corresponding BE2020-21 of Total Receipts) upto December, 2020 comprising of ₹9,62,399 crore Tax Revenue (Net to Centre), ₹1,26,181crore of Non Tax Revenue and ₹33,098 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (₹14,202crore) and Disinvestment proceeds (₹18,896crore).₹3,71,640 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto December 2020.

India Govt Accounts Review: FY 2020-21 Up to Dec 2020

Total Expenditure incurred by Government of India is ₹22,80,147 crore (75% of corresponding BE 2020-21), out of which ₹19,71,173 crore is on Revenue Account and ₹3,08,974crore is on Capital Account. Out of the Total Revenue Expenditure, ₹4,72,171 crore is on account of Interest Payments and ₹2,27,352 crore is on account of Major Subsidies.

FAQ :

This review covers the Union Government of India's accounts up to the month of December 2020 for the Financial Year 2020-21.

The Government of India received ₹11,21,678 crore up to December 2020.

Total receipts comprise ₹9,62,399 crore of Tax Revenue (Net to Centre), ₹1,26,181 crore of Non-Tax Revenue, and ₹33,098 crore of Non-Debt Capital Receipts.

The total expenditure incurred by the Government of India was ₹22,80,147 crore by December 2020.

Out of the total revenue expenditure, ₹4,72,171 crore was for Interest Payments and ₹2,27,352 crore was for Major Subsidies.

₹3,71,640 crore was transferred to State Governments as Devolution of Share of Taxes by the Government of India up to December 2020.

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