Karnataka vs Maharashtra â Budget Comparison 2023-24
Side-by-side comparison of government budget data for FY 2023-24
Key Budget Metrics â Karnataka vs Maharashtra
Karnataka
Rs 3.1 lakh crore
Maharashtra
Rs 5.72 lakh crore
Karnataka
Rs 2.4 lakh crore
Maharashtra
Rs 4.7 lakh crore
Karnataka
Rs 50,000 crore
Maharashtra
Rs 82,000 crore
Karnataka
Rs 1.26 lakh crore
Maharashtra
Rs 2.4 lakh crore
Karnataka
2.6%
Maharashtra
2.7%
Karnataka
Rs 32,000 crore
Maharashtra
Rs 47,000 crore
Receipts & Expenditure Comparison â 2023-24
| Particulars | Karnataka | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 2.4 lakh crore | Rs 4.7 lakh crore | -48.9% |
| Tax Revenue (Net) | Rs 1.26 lakh crore | Rs 2.4 lakh crore | -47.5% |
| Non-Tax Revenue | Rs 14,500 crore | Rs 33,000 crore | -56.1% |
| Total Expenditure | Rs 3.1 lakh crore | Rs 5.72 lakh crore | -45.8% |
| Revenue Expenditure | Rs 2.6 lakh crore | Rs 4.9 lakh crore | -46.9% |
| Capital Expenditure | Rs 50,000 crore | Rs 82,000 crore | -39.0% |
| Interest Payments | Rs 32,000 crore | Rs 47,000 crore | -31.9% |
| Fiscal Deficit | Rs 70,000 crore | Rs 1.02 lakh crore | -31.4% |
| Fiscal Deficit (% of GDP) | 2.6% | 2.7% | â |
| Debt-to-GDP Ratio | 19.3% | 17.4% | â |
Karnataka â Revenue Composition
Maharashtra â Revenue Composition
Department-wise Allocation â Karnataka vs Maharashtra
| Department | Karnataka | Maharashtra | Difference |
|---|---|---|---|
1. Education | Rs 38,000 crore | Rs 63,000 crore | -39.7% |
2. Urban Development | Rs 14,000 crore | Rs 48,000 crore | -70.8% |
3. Rural Development | Rs 0 | Rs 41,000 crore | -100.0% |
4. Health & Family Welfare | Rs 21,500 crore | Rs 31,000 crore | -30.6% |
5. Rural Development & Panchayat Raj | Rs 28,000 crore | Rs 0 | â |
6. Agriculture & Allied | Rs 16,000 crore | Rs 27,000 crore | -40.7% |
7. Water Supply & Sanitation | Rs 0 | Rs 26,000 crore | -100.0% |
8. Energy | Rs 15,000 crore | Rs 25,000 crore | -40.0% |
9. Transport & Roads | Rs 0 | Rs 21,000 crore | -100.0% |
10. Police & Home | Rs 12,200 crore | Rs 20,000 crore | -39.0% |
11. Social Justice | Rs 0 | Rs 18,000 crore | -100.0% |
12. Water Resources | Rs 17,000 crore | Rs 0 | â |
13. Transport & Infrastructure | Rs 16,000 crore | Rs 0 | â |
14. Social Welfare | Rs 13,200 crore | Rs 0 | â |
Karnataka vs Maharashtra Budget Analysis 2023-24
Comparing the budgets of Karnataka 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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