Feb 01: The Monthly Account of the Union Government of India up to the month of December 2022 has been consolidated and reports published. The highlights are given below:
The Government of India has received Rs 18,25,100 crore (79.9% of corresponding BE 2022-23 of Total Receipts) upto December 2022 comprising Rs 15,55,692 crore of Tax Revenue (Net to Centre), Rs 2,14,302 crore of Non-Tax Revenue and Rs 55,106 crore of Non-Debt Capital Receipts. Non-Debt Capital Receipts consist of Recovery of Loans of Rs 16,435 crore and Miscellaneous Capital Receipts of Rs 38,671 crore. Rs 6,09,437 crore has been transferred to State Governments as Devolution of Share of Taxes by the Government of India up to this period which is Rs 1,59,127 crore higher than the previous year.
Total Expenditure incurred by the Government of India is Rs 28,18,076 crore (71.4% of corresponding BE 2022-23), out of which Rs 23,28,132 crore is in the Revenue Account and Rs 4,89,944 crore is in Capital Account. Out of the Total Revenue Expenditure, Rs 6,80,853 crore is on account of Interest Payments and Rs 3,50,524 crore is on account of Major Subsidies.
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