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Goa vs Maharashtra โ€” Budget Comparison 2023-24

Side-by-side comparison of government budget data for FY 2023-24

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Key Budget Metrics โ€” Goa vs Maharashtra

Total Expenditure

Goa

Rs 24,603 crore

Maharashtra

Rs 5.72 lakh crore

Goa is -95.7% lower
Total Receipts

Goa

Rs 20,853 crore

Maharashtra

Rs 4.7 lakh crore

Goa is -95.6% lower
Capital Expenditure

Goa

Rs 4,656 crore

Maharashtra

Rs 82,000 crore

Goa is -94.3% lower
Tax Revenue

Goa

Rs 8,950 crore

Maharashtra

Rs 2.4 lakh crore

Goa is -96.3% lower
Fiscal Deficit (% GDP)

Goa

3.8%

Maharashtra

2.7%

Goa is +40.7% higher
Interest Payments

Goa

Rs 1,900 crore

Maharashtra

Rs 47,000 crore

Goa is -96.0% lower

Receipts & Expenditure Comparison โ€” 2023-24

ParticularsGoaMaharashtraDifference
Total ReceiptsRs 20,853 croreRs 4.7 lakh crore-95.6%
Tax Revenue (Net)Rs 8,950 croreRs 2.4 lakh crore-96.3%
Non-Tax RevenueRs 6,060 croreRs 33,000 crore-81.6%
Total ExpenditureRs 24,603 croreRs 5.72 lakh crore-95.7%
Revenue ExpenditureRs 19,947 croreRs 4.9 lakh crore-95.9%
Capital ExpenditureRs 4,656 croreRs 82,000 crore-94.3%
Interest PaymentsRs 1,900 croreRs 47,000 crore-96.0%
Fiscal DeficitRs 3,766 croreRs 1.02 lakh crore-96.3%
Fiscal Deficit (% of GDP)3.8%2.7%โ€”
Debt-to-GDP Ratio24.0%17.4%โ€”

Goa โ€” Revenue Composition

Maharashtra โ€” Revenue Composition

Department-wise Allocation โ€” Goa vs Maharashtra

DepartmentGoaMaharashtraDifference
1. Education
Rs 2,920 crore
Rs 63,000 crore
-95.4%
2. Urban Development
Rs 930 crore
Rs 48,000 crore
-98.1%
3. Rural Development
Rs 1,420 crore
Rs 41,000 crore
-96.5%
4. Health & Family Welfare
Rs 1,630 crore
Rs 31,000 crore
-94.7%
5. Agriculture & Allied
Rs 670 crore
Rs 27,000 crore
-97.5%
6. Water Supply & Sanitation
Rs 1,010 crore
Rs 26,000 crore
-96.1%
7. Energy
Rs 1,030 crore
Rs 25,000 crore
-95.9%
8. Transport & Roads
Rs 1,570 crore
Rs 21,000 crore
-92.5%
9. Police & Home
Rs 1,060 crore
Rs 20,000 crore
-94.7%
10. Social Justice
Rs 0
Rs 18,000 crore
-100.0%
11. Tourism & Culture
Rs 1,000 crore
Rs 0
โ€”

Goa vs Maharashtra Budget Analysis 2023-24

Comparing the budgets of Goa and Maharashtra reveals how different states prioritize spending across sectors like education, health, infrastructure, and social welfare. State budgets are the primary instruments through which state governments allocate resources and implement welfare schemes.

Key differences in state budget structures emerge from revenue capacity (own tax revenue vs central transfers), expenditure priorities (capital investment vs revenue spending), and fiscal management (deficit levels and debt sustainability). Finance Commission recommendations determine how central tax revenue is shared with states.

For a broader view of how the central government allocates resources, see the India Union Budget 2023-24 analysis. You can also explore other budget comparisons across states and years.

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