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Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21

New Delhi;31/5/21; The Accounts of the Union Government of India (Provisional/Unaudited) for the Financial Year 2020-21 has been consolidated and reports published. The highlights are given below:-

The Government of India has received Rs. 16,89,720 crore (105.50% of corresponding RE 20-21 of Total Receipts) during 2020-21 comprising Rs 14,24,035 crore Tax Revenue (Net to Centre), Rs. 2,08,059 crore of Non Tax Revenue and Rs. 57,626 crore of Non-Debt Capital Receipts. Non Debt Capital Receipts consists of Recovery of Loans (Rs. 19,729 crore) and Disinvestment Proceeds (Rs. 37,897 crore).

Rs. 5,94,997 crore has been transferred to State Governments as Devolution of Share of Taxes by Government of India up to this period which is Rs. 55,680 crore lower than the previous year.

Total Expenditure incurred by Government of India is Rs. 35,11,181 crore (101.76% of corresponding RE 20-21), out of which Rs. 30,86,360 crore  is on Revenue Account and Rs 4,24,821 crore is on Capital Account. Out of the Total Revenue Expenditure, Rs. 6,82,079 crore is on account of Interest Payments and Rs 6,89,545 crore is on account of Major Subsidies.

About Editor in chief

Ashok Palit has completed his graduation from Upendranath College Soro, Balasore and post graduation from Utkal University in Odia Language and literture.. He has also carved out a niche for himself as a scribe of eminence after joining the profession in 1988. He is also an independent media production professional. He brings loads of experience to Advanced Media, Ashok Palit as a cineaste has been active in film criticism for over three decades. As a film society activist, he soared to eminence for his profound commitment to the art film appreciation and aesthetics of cinema. His mode of discourse is often erudite but always lucid and comprehensible marked by a perfect acumen so rare in the field. A film aesthete with an immense fond of critical sensibilities, he wrote about growth and development of odia cinema in New Indian Express, The Times of India, The Hindustan Times, The Asian Age and Screen. He has been working as an Editor for Cine Samaya from 2002-2004.. He had made solid contribution on cinema in many odia Dailies and weekly such as Samaj, Prajatantra, Dharatri, Samaya, Satabadi, and weekly Samaya.

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