Rs. 6,73,005 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India in this period which is Rs. 65,005 crore higher than the previous year.
Total Expenditure incurred by Government of India is Rs.21,42,667 crore (96.61% of corresponding RE 17-18), out of which Rs.18,78,963 crore is on Revenue Account and Rs.2,63,704 crore is on Capital Account. Out of the total Revenue Expenditure Rs.5,29,243 crore is on account of Interest Payments and Rs.1,91,110 crore is on account of Major Subsidies.
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