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Gujarat vs Maharashtra — Budget Comparison 2024-25

Side-by-side comparison of government budget data for FY 2024-25

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Key Budget Metrics — Gujarat vs Maharashtra

Total Expenditure

Gujarat

Rs 2.84 lakh crore

Maharashtra

Rs 6.12 lakh crore

Gujarat is -53.6% lower
Total Receipts

Gujarat

Rs 2.33 lakh crore

Maharashtra

Rs 4.99 lakh crore

Gujarat is -53.3% lower
Capital Expenditure

Gujarat

Rs 71,921 crore

Maharashtra

Rs 86,295 crore

Gujarat is -16.7% lower
Tax Revenue

Gujarat

Rs 1.12 lakh crore

Maharashtra

Rs 2.56 lakh crore

Gujarat is -56.2% lower
Fiscal Deficit (% GDP)

Gujarat

1.9%

Maharashtra

2.6%

Gujarat is -26.9% lower
Interest Payments

Gujarat

Rs 28,570 crore

Maharashtra

Rs 50,355 crore

Gujarat is -43.3% lower

Receipts & Expenditure Comparison — 2024-25

ParticularsGujaratMaharashtraDifference
Total ReceiptsRs 2.33 lakh croreRs 4.99 lakh crore-53.3%
Tax Revenue (Net)Rs 1.12 lakh croreRs 2.56 lakh crore-56.2%
Non-Tax RevenueRs 13,500 croreRs 36,940 crore-63.5%
Total ExpenditureRs 2.84 lakh croreRs 6.12 lakh crore-53.6%
Revenue ExpenditureRs 2.12 lakh croreRs 5.26 lakh crore-59.7%
Capital ExpenditureRs 71,921 croreRs 86,295 crore-16.7%
Interest PaymentsRs 28,570 croreRs 50,355 crore-43.3%
Fiscal DeficitRs 50,570 croreRs 1.1 lakh crore-54.2%
Fiscal Deficit (% of GDP)1.9%2.6%
Debt-to-GDP Ratio15.4%16.0%

Gujarat — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Gujarat vs Maharashtra

DepartmentGujaratMaharashtraDifference
1. Education
Rs 37,000 crore
Rs 69,000 crore
-46.4%
2. Urban Development
Rs 13,000 crore
Rs 53,000 crore
-75.5%
3. Rural Development
Rs 18,000 crore
Rs 45,000 crore
-60.0%
4. Health & Family Welfare
Rs 19,500 crore
Rs 34,000 crore
-42.6%
5. Water Supply & Sanitation
Rs 17,000 crore
Rs 30,000 crore
-43.3%
6. Agriculture & Allied
Rs 14,500 crore
Rs 29,500 crore
-50.8%
7. Energy
Rs 15,500 crore
Rs 27,500 crore
-43.6%
8. Transport & Roads
Rs 22,000 crore
Rs 23,000 crore
-4.3%
9. Police & Home
Rs 12,000 crore
Rs 22,500 crore
-46.7%
10. Social Justice
Rs 0
Rs 20,500 crore
-100.0%
11. Water Resources & Irrigation
Rs 11,500 crore
Rs 0

Gujarat vs Maharashtra Budget Analysis 2024-25

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 2024-25 analysis. You can also explore other budget comparisons across states and years.

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