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Gujarat vs Maharashtra — Budget Comparison 2025-26

Side-by-side comparison of government budget data for FY 2025-26

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Key Budget Metrics — Gujarat vs Maharashtra

Total Expenditure

Gujarat

Rs 3.32 lakh crore

Maharashtra

Rs 7 lakh crore

Gujarat is -52.6% lower
Total Receipts

Gujarat

Rs 2.74 lakh crore

Maharashtra

Rs 5.64 lakh crore

Gujarat is -51.4% lower
Capital Expenditure

Gujarat

Rs 78,092 crore

Maharashtra

Rs 90,343 crore

Gujarat is -13.6% lower
Tax Revenue

Gujarat

Rs 1.3 lakh crore

Maharashtra

Rs 2.85 lakh crore

Gujarat is -54.4% lower
Fiscal Deficit (% GDP)

Gujarat

2.0%

Maharashtra

2.8%

Gujarat is -28.6% lower
Interest Payments

Gujarat

Rs 31,200 crore

Maharashtra

Rs 56,235 crore

Gujarat is -44.5% lower

Receipts & Expenditure Comparison — 2025-26

ParticularsGujaratMaharashtraDifference
Total ReceiptsRs 2.74 lakh croreRs 5.64 lakh crore-51.4%
Tax Revenue (Net)Rs 1.3 lakh croreRs 2.85 lakh crore-54.4%
Non-Tax RevenueRs 16,000 croreRs 42,000 crore-61.9%
Total ExpenditureRs 3.32 lakh croreRs 7 lakh crore-52.6%
Revenue ExpenditureRs 2.54 lakh croreRs 6.1 lakh crore-58.3%
Capital ExpenditureRs 78,092 croreRs 90,343 crore-13.6%
Interest PaymentsRs 31,200 croreRs 56,235 crore-44.5%
Fiscal DeficitRs 58,397 croreRs 1.36 lakh crore-57.1%
Fiscal Deficit (% of GDP)2.0%2.8%—
Debt-to-GDP Ratio15.1%15.8%—

Gujarat — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Gujarat vs Maharashtra

DepartmentGujaratMaharashtraDifference
1. Education
Rs 43,000 crore
Rs 76,000 crore
-43.4%
2. Urban Development
Rs 16,000 crore
Rs 60,000 crore
-73.3%
3. Rural Development
Rs 21,000 crore
Rs 50,000 crore
-58.0%
4. Health & Family Welfare
Rs 22,000 crore
Rs 38,000 crore
-42.1%
5. Water Supply & Sanitation
Rs 20,000 crore
Rs 34,000 crore
-41.2%
6. Agriculture & Allied
Rs 17,000 crore
Rs 33,000 crore
-48.5%
7. Energy
Rs 18,000 crore
Rs 30,000 crore
-40.0%
8. Transport & Roads
Rs 26,000 crore
Rs 27,000 crore
-3.7%
9. Police & Home
Rs 14,000 crore
Rs 25,000 crore
-44.0%
10. Social Justice
Rs 0
Rs 23,000 crore
-100.0%
11. Water Resources & Irrigation
Rs 13,000 crore
Rs 0
—

Gujarat vs Maharashtra Budget Analysis 2025-26

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 2025-26 analysis. You can also explore other budget comparisons across states and years.

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