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Himachal Pradesh 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 — Himachal Pradesh vs Maharashtra

Total Expenditure

Himachal Pradesh

Rs 52,709 crore

Maharashtra

Rs 7 lakh crore

Himachal Pradesh is -92.5% lower
Total Receipts

Himachal Pradesh

Rs 42,371 crore

Maharashtra

Rs 5.64 lakh crore

Himachal Pradesh is -92.5% lower
Capital Expenditure

Himachal Pradesh

Rs 3,948 crore

Maharashtra

Rs 90,343 crore

Himachal Pradesh is -95.6% lower
Tax Revenue

Himachal Pradesh

Rs 16,500 crore

Maharashtra

Rs 2.85 lakh crore

Himachal Pradesh is -94.2% lower
Fiscal Deficit (% GDP)

Himachal Pradesh

4.0%

Maharashtra

2.8%

Himachal Pradesh is +42.9% higher
Interest Payments

Himachal Pradesh

Rs 7,000 crore

Maharashtra

Rs 56,235 crore

Himachal Pradesh is -87.6% lower

Receipts & Expenditure Comparison — 2025-26

ParticularsHimachal PradeshMaharashtraDifference
Total ReceiptsRs 42,371 croreRs 5.64 lakh crore-92.5%
Tax Revenue (Net)Rs 16,500 croreRs 2.85 lakh crore-94.2%
Non-Tax RevenueRs 4,000 croreRs 42,000 crore-90.5%
Total ExpenditureRs 52,709 croreRs 7 lakh crore-92.5%
Revenue ExpenditureRs 48,761 croreRs 6.1 lakh crore-92.0%
Capital ExpenditureRs 3,948 croreRs 90,343 crore-95.6%
Interest PaymentsRs 7,000 croreRs 56,235 crore-87.6%
Fiscal DeficitRs 10,338 croreRs 1.36 lakh crore-92.4%
Fiscal Deficit (% of GDP)4.0%2.8%
Debt-to-GDP Ratio37.2%15.8%

Himachal Pradesh — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Himachal Pradesh vs Maharashtra

DepartmentHimachal PradeshMaharashtraDifference
1. Education
Rs 8,700 crore
Rs 76,000 crore
-88.6%
2. Urban Development
Rs 1,700 crore
Rs 60,000 crore
-97.2%
3. Rural Development
Rs 4,000 crore
Rs 50,000 crore
-92.0%
4. Health & Family Welfare
Rs 4,400 crore
Rs 38,000 crore
-88.4%
5. Water Supply & Sanitation
Rs 1,900 crore
Rs 34,000 crore
-94.4%
6. Agriculture & Allied
Rs 2,600 crore
Rs 33,000 crore
-92.1%
7. Energy
Rs 4,000 crore
Rs 30,000 crore
-86.7%
8. Transport & Roads
Rs 3,700 crore
Rs 27,000 crore
-86.3%
9. Police & Home
Rs 3,100 crore
Rs 25,000 crore
-87.6%
10. Social Justice
Rs 0
Rs 23,000 crore
-100.0%
11. Social Welfare
Rs 2,700 crore
Rs 0

Himachal Pradesh vs Maharashtra Budget Analysis 2025-26

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

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