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Himachal Pradesh 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 — Himachal Pradesh vs Maharashtra

Total Expenditure

Himachal Pradesh

Rs 52,937 crore

Maharashtra

Rs 6.12 lakh crore

Himachal Pradesh is -91.4% lower
Total Receipts

Himachal Pradesh

Rs 42,153 crore

Maharashtra

Rs 4.99 lakh crore

Himachal Pradesh is -91.6% lower
Capital Expenditure

Himachal Pradesh

Rs 6,270 crore

Maharashtra

Rs 86,295 crore

Himachal Pradesh is -92.7% lower
Tax Revenue

Himachal Pradesh

Rs 15,101 crore

Maharashtra

Rs 2.56 lakh crore

Himachal Pradesh is -94.1% lower
Fiscal Deficit (% GDP)

Himachal Pradesh

4.7%

Maharashtra

2.6%

Himachal Pradesh is +80.8% higher
Interest Payments

Himachal Pradesh

Rs 6,255 crore

Maharashtra

Rs 50,355 crore

Himachal Pradesh is -87.6% lower

Receipts & Expenditure Comparison — 2024-25

ParticularsHimachal PradeshMaharashtraDifference
Total ReceiptsRs 42,153 croreRs 4.99 lakh crore-91.6%
Tax Revenue (Net)Rs 15,101 croreRs 2.56 lakh crore-94.1%
Non-Tax RevenueRs 3,641 croreRs 36,940 crore-90.1%
Total ExpenditureRs 52,937 croreRs 6.12 lakh crore-91.4%
Revenue ExpenditureRs 46,667 croreRs 5.26 lakh crore-91.1%
Capital ExpenditureRs 6,270 croreRs 86,295 crore-92.7%
Interest PaymentsRs 6,255 croreRs 50,355 crore-87.6%
Fiscal DeficitRs 10,784 croreRs 1.1 lakh crore-90.2%
Fiscal Deficit (% of GDP)4.7%2.6%
Debt-to-GDP Ratio38.7%16.0%

Himachal Pradesh — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Himachal Pradesh vs Maharashtra

DepartmentHimachal PradeshMaharashtraDifference
1. Education
Rs 7,950 crore
Rs 69,000 crore
-88.5%
2. Urban Development
Rs 1,550 crore
Rs 53,000 crore
-97.1%
3. Rural Development
Rs 3,600 crore
Rs 45,000 crore
-92.0%
4. Health & Family Welfare
Rs 4,000 crore
Rs 34,000 crore
-88.2%
5. Water Supply & Sanitation
Rs 1,700 crore
Rs 30,000 crore
-94.3%
6. Agriculture & Allied
Rs 2,350 crore
Rs 29,500 crore
-92.0%
7. Energy
Rs 3,650 crore
Rs 27,500 crore
-86.7%
8. Transport & Roads
Rs 3,300 crore
Rs 23,000 crore
-85.7%
9. Police & Home
Rs 2,750 crore
Rs 22,500 crore
-87.8%
10. Social Justice
Rs 0
Rs 20,500 crore
-100.0%
11. Social Welfare
Rs 2,380 crore
Rs 0

Himachal Pradesh vs Maharashtra Budget Analysis 2024-25

Comparing the budgets of Himachal Pradesh 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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