You are here: Home » News-CM » Economy » News
Business Standard

Total Expenditure Incurred By Government Is 36.7% Of Corresponding BE 2021-22

Capital Market 

The Government of India has received Rs. 8,08,672 crore (40.9% of corresponding BE 2021-22 of Total Receipts) upto August, 2021 comprising Rs. 6,44,843 crore Tax Revenue (Net to Centre), Rs. 1,48,650 crore of Non Tax Revenue and Rs. 15,179 crore of Non Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans Rs. 6,808 crore and Miscellaneous Capital Receipts of Rs. 8,371 crore. Rs. 2,12,606 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India upto August, 2021.

Total Expenditure incurred by Government of India is Rs. 12,76,681 crore (36.7% of corresponding BE 2021-22), out of which Rs. 11,04,813 crore is on Revenue Account and Rs. 1,71,868 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 2,78,371 crore is on account of Interest Payments and Rs. 1,47,398 crore is on account of Major Subsidies.

Powered by Capital Market - Live News

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

Dear Reader,


Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, October 01 2021. 12:10 IST
RECOMMENDED FOR YOU
RECOMMENDED FOR YOU