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Kerala vs Maharashtra โ€” Budget Comparison 2024-25

Side-by-side comparison of government budget data for FY 2024-25

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Key Budget Metrics โ€” Kerala vs Maharashtra

Total Expenditure

Kerala

Rs 1.82 lakh crore

Maharashtra

Rs 6.12 lakh crore

Kerala is -70.2% lower
Total Receipts

Kerala

Rs 1.39 lakh crore

Maharashtra

Rs 4.99 lakh crore

Kerala is -72.2% lower
Capital Expenditure

Kerala

Rs 15,663 crore

Maharashtra

Rs 86,295 crore

Kerala is -81.8% lower
Tax Revenue

Kerala

Rs 84,884 crore

Maharashtra

Rs 2.56 lakh crore

Kerala is -66.8% lower
Fiscal Deficit (% GDP)

Kerala

3.4%

Maharashtra

2.6%

Kerala is +30.8% higher
Interest Payments

Kerala

Rs 28,694 crore

Maharashtra

Rs 50,355 crore

Kerala is -43.0% lower

Receipts & Expenditure Comparison โ€” 2024-25

ParticularsKeralaMaharashtraDifference
Total ReceiptsRs 1.39 lakh croreRs 4.99 lakh crore-72.2%
Tax Revenue (Net)Rs 84,884 croreRs 2.56 lakh crore-66.8%
Non-Tax RevenueRs 18,356 croreRs 36,940 crore-50.3%
Total ExpenditureRs 1.82 lakh croreRs 6.12 lakh crore-70.2%
Revenue ExpenditureRs 1.67 lakh croreRs 5.26 lakh crore-68.3%
Capital ExpenditureRs 15,663 croreRs 86,295 crore-81.8%
Interest PaymentsRs 28,694 croreRs 50,355 crore-43.0%
Fiscal DeficitRs 44,529 croreRs 1.1 lakh crore-59.6%
Fiscal Deficit (% of GDP)3.4%2.6%โ€”
Debt-to-GDP Ratio29.7%16.0%โ€”

Kerala โ€” Revenue Composition

Maharashtra โ€” Revenue Composition

Department-wise Allocation โ€” Kerala vs Maharashtra

DepartmentKeralaMaharashtraDifference
1. Education
Rs 27,200 crore
Rs 69,000 crore
-60.6%
2. Urban Development
Rs 6,900 crore
Rs 53,000 crore
-87.0%
3. Rural Development
Rs 11,100 crore
Rs 45,000 crore
-75.3%
4. Health & Family Welfare
Rs 16,600 crore
Rs 34,000 crore
-51.2%
5. Water Supply & Sanitation
Rs 6,500 crore
Rs 30,000 crore
-78.3%
6. Agriculture & Allied
Rs 8,400 crore
Rs 29,500 crore
-71.5%
7. Energy
Rs 6,200 crore
Rs 27,500 crore
-77.5%
8. Transport & Roads
Rs 7,500 crore
Rs 23,000 crore
-67.4%
9. Police & Home
Rs 9,000 crore
Rs 22,500 crore
-60.0%
10. Social Justice
Rs 0
Rs 20,500 crore
-100.0%
11. Social Welfare
Rs 13,700 crore
Rs 0
โ€”

Kerala vs Maharashtra Budget Analysis 2024-25

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 2024-25 analysis. You can also explore other budget comparisons across states and years.

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