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Gujarat vs Maharashtra — Budget Comparison 2023-24

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

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Key Budget Metrics — Gujarat vs Maharashtra

Total Expenditure

Gujarat

Rs 2.48 lakh crore

Maharashtra

Rs 5.72 lakh crore

Gujarat is -56.7% lower
Total Receipts

Gujarat

Rs 2.24 lakh crore

Maharashtra

Rs 4.7 lakh crore

Gujarat is -52.3% lower
Capital Expenditure

Gujarat

Rs 56,971 crore

Maharashtra

Rs 82,000 crore

Gujarat is -30.5% lower
Tax Revenue

Gujarat

Rs 1.04 lakh crore

Maharashtra

Rs 2.4 lakh crore

Gujarat is -56.7% lower
Fiscal Deficit (% GDP)

Gujarat

1.0%

Maharashtra

2.7%

Gujarat is -63.0% lower
Interest Payments

Gujarat

Rs 25,000 crore

Maharashtra

Rs 47,000 crore

Gujarat is -46.8% lower

Receipts & Expenditure Comparison — 2023-24

ParticularsGujaratMaharashtraDifference
Total ReceiptsRs 2.24 lakh croreRs 4.7 lakh crore-52.3%
Tax Revenue (Net)Rs 1.04 lakh croreRs 2.4 lakh crore-56.7%
Non-Tax RevenueRs 12,000 croreRs 33,000 crore-63.6%
Total ExpenditureRs 2.48 lakh croreRs 5.72 lakh crore-56.7%
Revenue ExpenditureRs 1.91 lakh croreRs 4.9 lakh crore-61.1%
Capital ExpenditureRs 56,971 croreRs 82,000 crore-30.5%
Interest PaymentsRs 25,000 croreRs 47,000 crore-46.8%
Fiscal DeficitRs 23,493 croreRs 1.02 lakh crore-77.0%
Fiscal Deficit (% of GDP)1.0%2.7%—
Debt-to-GDP Ratio15.7%17.4%—

Gujarat — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Gujarat vs Maharashtra

DepartmentGujaratMaharashtraDifference
1. Education
Rs 32,500 crore
Rs 63,000 crore
-48.4%
2. Urban Development
Rs 11,000 crore
Rs 48,000 crore
-77.1%
3. Rural Development
Rs 15,500 crore
Rs 41,000 crore
-62.2%
4. Health & Family Welfare
Rs 17,000 crore
Rs 31,000 crore
-45.2%
5. Agriculture & Allied
Rs 12,500 crore
Rs 27,000 crore
-53.7%
6. Water Supply & Sanitation
Rs 15,000 crore
Rs 26,000 crore
-42.3%
7. Energy
Rs 13,500 crore
Rs 25,000 crore
-46.0%
8. Transport & Roads
Rs 19,000 crore
Rs 21,000 crore
-9.5%
9. Police & Home
Rs 10,700 crore
Rs 20,000 crore
-46.5%
10. Social Justice
Rs 0
Rs 18,000 crore
-100.0%
11. Water Resources & Irrigation
Rs 10,000 crore
Rs 0
—

Gujarat vs Maharashtra Budget Analysis 2023-24

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 2023-24 analysis. You can also explore other budget comparisons across states and years.

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