What happened
The Ministry of Finance has published the consolidated monthly accounts of the Government of India up to May 2026 for FY 2026-27. The statement gives an early snapshot of the Union Government’s receipts, transfers to States, and expenditure pattern against the Budget Estimates.
According to the monthly accounts, the Union Government has received ₹7,18,669 crore up to May 2026. The release also shows that ₹1,75,557 crore has been transferred to State Governments as devolution of share of taxes, which is higher than the same period in the previous year.
On the expenditure side, the Union Government’s total spending up to May 2026 stands at ₹8,81,023 crore. The monthly accounts split this into revenue expenditure and capital expenditure, and they also show large committed outgoes on interest payments and major subsidies.
Key figures reported by the Ministry of Finance
The Ministry of Finance reported the following major aggregates in the monthly accounts:
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