Gujarat vs Maharashtra â Budget Comparison 2003-04
Side-by-side comparison of government budget data for FY 2003-04
Key Budget Metrics â Gujarat vs Maharashtra
Gujarat
Rs 27,000 crore
Maharashtra
Rs 53,000 crore
Gujarat
Rs 18,500 crore
Maharashtra
Rs 40,500 crore
Gujarat
Rs 5,200 crore
Maharashtra
Rs 7,100 crore
Gujarat
Rs 11,100 crore
Maharashtra
Rs 26,325 crore
Gujarat
3.5%
Maharashtra
3.4%
Gujarat
Rs 4,510 crore
Maharashtra
Rs 7,900 crore
Receipts & Expenditure Comparison â 2003-04
| Particulars | Gujarat | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 18,500 crore | Rs 40,500 crore | -54.3% |
| Tax Revenue (Net) | Rs 11,100 crore | Rs 26,325 crore | -57.8% |
| Non-Tax Revenue | Rs 2,960 crore | Rs 6,075 crore | -51.3% |
| Total Expenditure | Rs 27,000 crore | Rs 53,000 crore | -49.1% |
| Revenue Expenditure | Rs 21,800 crore | Rs 45,900 crore | -52.5% |
| Capital Expenditure | Rs 5,200 crore | Rs 7,100 crore | -26.8% |
| Interest Payments | Rs 4,510 crore | Rs 7,900 crore | -42.9% |
| Fiscal Deficit | Rs 6,510 crore | Rs 12,700 crore | -48.7% |
| Fiscal Deficit (% of GDP) | 3.5% | 3.4% | â |
| Debt-to-GDP Ratio | 28.8% | 26.6% | â |
Gujarat â Revenue Composition
Maharashtra â Revenue Composition
Gujarat vs Maharashtra Budget Analysis 2003-04
Comparing the budgets of Gujarat 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 2003-04 analysis. You can also explore other budget comparisons across states and years.
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