Rs.1,11,578 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India up to this period which is Rs. 15,217 crore higher than the corresponding period of the last year 2017-18.
Total Expenditure incurred by Government of India is Rs.4,72,954 crore (19.37% of corresponding BE 18-19), out of which Rs.4,09,163 crore is on Revenue Account and Rs.63,791 crore is on Capital Account. Out of the total Revenue Expenditure Rs.73,606 crore is on account of Interest Payments and Rs.88,689 crore is on account of Major Subsidies.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app