The government incurred Rs 31,68,648 crore as expenses up to January 2023, which was 75 per cent of of the corresponding revised estimate of 2022-23.
According to the monthly account data released by the Finance Ministry on Tuesday, out of the total expenditure incurred by the government, Rs 25,97,756 crore was on revenue account and Rs 5,69,892 crore was on capital account.
Out of the total revenue expenditure, Rs 7,38,658 crore was on account of interest payments and Rs 3,99,400 crore was on account of major subsidies.
The government received Rs 19,76,483 crore (81.3 per cent of corresponding revised estimate of total receipts for current fiscal) upto January 2023 comprising Rs 16,88,710 crore tax revenue, Rs 2,30,939 crore of non-tax revenue, and Rs 57,194 crore of non-debt capital receipts.
Budget 2023-24: Manufacturing sector eyes revised taxations, new PLIs
Union Budget 2023: Experts don't expect surprises in social sector outlay
BJP's expenses on assembly polls in five states up 58% to Rs 344 cr
Budget 2023: A look back at some major announcements in previous Budget
BSE net profit nearly halves to Rs 34 cr as margin plunges, expenses rise
Risks outweigh upside potential of FY24 growth: CEA V Anantha Nageswaran
Farm sector to grow 3.7% in Oct-Dec on kharif output: 2nd advance estimates
Retail trade and NBFCs drive credit growth in services: RBI data
Centre's Apr-Jan fiscal deficit widens to 67.8% of revised FY23 target
Indian Army testing armed drone variants that won recent wars
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)