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Kerala vs Maharashtra — Budget Comparison 2018-19

Side-by-side comparison of government budget data for FY 2018-19

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Key Budget Metrics — Kerala vs Maharashtra

Total Expenditure

Kerala

Rs 1.26 lakh crore

Maharashtra

Rs 3.56 lakh crore

Kerala is -64.6% lower
Total Receipts

Kerala

Rs 90,500 crore

Maharashtra

Rs 2.9 lakh crore

Kerala is -68.8% lower
Capital Expenditure

Kerala

Rs 13,200 crore

Maharashtra

Rs 55,000 crore

Kerala is -76.0% lower
Tax Revenue

Kerala

Rs 53,200 crore

Maharashtra

Rs 1.9 lakh crore

Kerala is -72.0% lower
Fiscal Deficit (% GDP)

Kerala

3.4%

Maharashtra

1.8%

Kerala is +88.9% higher
Interest Payments

Kerala

Rs 16,600 crore

Maharashtra

Rs 38,000 crore

Kerala is -56.3% lower

Receipts & Expenditure Comparison — 2018-19

ParticularsKeralaMaharashtraDifference
Total ReceiptsRs 90,500 croreRs 2.9 lakh crore-68.8%
Tax Revenue (Net)Rs 53,200 croreRs 1.9 lakh crore-72.0%
Non-Tax RevenueRs 6,500 croreRs 1 lakh crore-93.5%
Total ExpenditureRs 1.26 lakh croreRs 3.56 lakh crore-64.6%
Revenue ExpenditureRs 1.13 lakh croreRs 3 lakh crore-62.6%
Capital ExpenditureRs 13,200 croreRs 55,000 crore-76.0%
Interest PaymentsRs 16,600 croreRs 38,000 crore-56.3%
Fiscal DeficitRs 22,800 croreRs 52,000 crore-56.2%
Fiscal Deficit (% of GDP)3.4%1.8%—
Debt-to-GDP Ratio32.3%17.1%—

Kerala — Revenue Composition

Maharashtra — Revenue Composition

Kerala vs Maharashtra Budget Analysis 2018-19

Comparing the budgets of Kerala 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 2018-19 analysis. You can also explore other budget comparisons across states and years.

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