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

Last updated: 02 January 2021

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The Union Government of India's accounts for November 2020 have been published, covering the financial year 2020-21. Total receipts up to November 2020 reached Rs. 8,30,851 crore, which is 37% of the budgeted amount. This includes tax revenue, non-tax revenue, and non-debt capital receipts like disinvestment proceeds. Total expenditure stood at Rs. 19,06,358 crore, representing 63% of the budget, with significant portions allocated to revenue and capital spending, including interest payments and major subsidies.

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

The Government of India has received Rs. 8,30,851 crore (37% of corresponding BE 2020-21 of Total Receipts) upto November, 2020 comprising of Rs. 6,88,430 crore Tax Revenue (Net to Centre), Rs. 1,24,280 crore of Non-Tax Revenue and Rs. 18,141 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs. 11,962 crore) and Disinvestment proceeds (Rs. 6,179 crore).

Rs. 3,34,407 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto November 2020.

Total Expenditure incurred by Government of India is Rs. 19,06,358 crore (63% of corresponding BE 2020-21), out of which Rs. 16,65,200 crore is on Revenue Account and Rs. 2,41,158 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 3,83,425 crore is on account of Interest Payments and Rs. 2,02,119 crore is on account of Major Subsidies.

FAQ :

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

Total receipts amounted to Rs. 8,30,851 crore, which is 37% of the corresponding budgeted amount for 2020-21.

Total receipts comprise Rs. 6,88,430 crore of Tax Revenue (Net to Centre), Rs. 1,24,280 crore of Non-Tax Revenue, and Rs. 18,141 crore of Non-Debt Capital Receipts.

The total expenditure incurred by the Government of India was Rs. 19,06,358 crore, representing 63% of the corresponding budgeted amount for 2020-21.

Rs. 3,34,407 crore was transferred to State Governments as their share of taxes by the Government of India up to November 2020.

Out of the total revenue expenditure, Rs. 3,83,425 crore was for Interest Payments and Rs. 2,02,119 crore was for Major Subsidies.

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