Highlights of the Monthly Review of Accounts of the Union government up to Sept 2020 for FY 2020-21

Last updated: 31 October 2020

Quick Summary
The Indian government's accounts for the period up to September 2020 have been published, showing total receipts of Rs. 5,65,417 crore. This includes tax revenue, non-tax revenue, and non-debt capital receipts. Total expenditure reached Rs. 14,79,410 crore, with significant portions allocated to revenue and capital accounts, including interest payments and major subsidies.

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

The Government of India has received Rs. 5,65,417 crore (25.18% of corresponding BE 2020-21 of Total Receipts) upto September, 2020 comprising Rs. 4,58,508 crore Tax Revenue (Net to Centre), Rs. 92,274 crore of Non-Tax Revenue and Rs. 14,635 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consists of Recovery of Loans (Rs. 8,854 crore) and Disinvestment proceeds (Rs. 5,781crore).

Rs. 2,59,941 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto this period which is Rs. 51,277 crore lower than the previous year.

Total Expenditure incurred by Government of India is Rs. 14,79,410 crore (48.63% of corresponding BE 2020-21), out of which Rs. 13,13,574 crore is on Revenue Account and Rs. 165,836 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 3,05,652 crore is on account of Interest Payments and Rs. 1,56,210 crore is on account of Major Subsidies.

FAQ :

The review covers the Union Government accounts up to September 2020 for the financial year 2020-21.

Total receipts amounted to Rs. 5,65,417 crore, which is 25.18% of the corresponding Budget Estimate for 2020-21.

Total receipts comprise Rs. 4,58,508 crore in Tax Revenue (Net to Centre), Rs. 92,274 crore in Non-Tax Revenue, and Rs. 14,635 crore in Non-Debt Capital Receipts.

Non-Debt Capital Receipts include Recovery of Loans (Rs. 8,854 crore) and Disinvestment proceeds (Rs. 5,781 crore).

Rs. 2,59,941 crore was transferred to State Governments as devolution of share of taxes, which is Rs. 51,277 crore less than the previous year.

Total expenditure incurred was Rs. 14,79,410 crore, representing 48.63% of the corresponding Budget Estimate for 2020-21.



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