During this period, the Centre transferred ₹8,34,957 crore to state governments as devolution of share of taxes, marking an increase of ₹1,11,981 crore compared to the previous year, reflecting enhanced fiscal support for states.
Total expenditure of the government stood at ₹26,25,619 crore, equivalent to 51.8% of the BE 2025-26. Of this, ₹20,07,876 crore was revenue expenditure, while ₹6,17,743 crore was capital expenditure. Revenue spending included ₹6,73,715 crore on interest payments and ₹2,46,575 crore on major subsidies, reflecting continued focus on welfare and debt servicing.
The consolidated accounts indicate a consistent pattern of fiscal management, highlighting the government’s efforts in balancing revenue generation and public expenditure. The allocation to states reinforces the commitment to cooperative federalism, enabling state governments to fund essential services and development programs.
Analysis of these figures suggests a significant rise in tax and non-tax revenue compared to the corresponding period in the previous year, showcasing steady growth in government receipts. Capital expenditure of over ₹6 lakh crore demonstrates the government’s emphasis on infrastructure investment and long-term development projects.
Experts note that the current fiscal performance positions the government to meet year-end targets while maintaining social and economic priorities. The accounts also underscore the strategic importance of interest payment management and subsidy allocation in achieving sustainable fiscal health.
