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Madhya 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 — Madhya Pradesh vs Maharashtra

Total Expenditure

Madhya Pradesh

Rs 3.75 lakh crore

Maharashtra

Rs 7 lakh crore

Madhya Pradesh is -46.4% lower
Total Receipts

Madhya Pradesh

Rs 2.91 lakh crore

Maharashtra

Rs 5.64 lakh crore

Madhya Pradesh is -48.4% lower
Capital Expenditure

Madhya Pradesh

Rs 78,900 crore

Maharashtra

Rs 90,343 crore

Madhya Pradesh is -12.7% lower
Tax Revenue

Madhya Pradesh

Rs 1.09 lakh crore

Maharashtra

Rs 2.85 lakh crore

Madhya Pradesh is -61.7% lower
Fiscal Deficit (% GDP)

Madhya Pradesh

4.7%

Maharashtra

2.8%

Madhya Pradesh is +67.9% higher
Interest Payments

Madhya Pradesh

Rs 30,000 crore

Maharashtra

Rs 56,235 crore

Madhya Pradesh is -46.7% lower

Receipts & Expenditure Comparison — 2025-26

ParticularsMadhya PradeshMaharashtraDifference
Total ReceiptsRs 2.91 lakh croreRs 5.64 lakh crore-48.4%
Tax Revenue (Net)Rs 1.09 lakh croreRs 2.85 lakh crore-61.7%
Non-Tax RevenueRs 21,399 croreRs 42,000 crore-49.0%
Total ExpenditureRs 3.75 lakh croreRs 7 lakh crore-46.4%
Revenue ExpenditureRs 2.96 lakh croreRs 6.1 lakh crore-51.4%
Capital ExpenditureRs 78,900 croreRs 90,343 crore-12.7%
Interest PaymentsRs 30,000 croreRs 56,235 crore-46.7%
Fiscal DeficitRs 78,900 croreRs 1.36 lakh crore-42.1%
Fiscal Deficit (% of GDP)4.7%2.8%
Debt-to-GDP Ratio—%15.8%

Madhya Pradesh — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Madhya Pradesh vs Maharashtra

DepartmentMadhya PradeshMaharashtraDifference
1. Education
Rs 54,500 crore
Rs 76,000 crore
-28.3%
2. Urban Development
Rs 0
Rs 60,000 crore
-100.0%
3. Rural Development
Rs 17,000 crore
Rs 50,000 crore
-66.0%
4. Social Welfare & Nutrition
Rs 38,500 crore
Rs 0
5. Health & Family Welfare
Rs 24,500 crore
Rs 38,000 crore
-35.5%
6. Water Supply & Sanitation
Rs 11,000 crore
Rs 34,000 crore
-67.6%
7. Agriculture & Allied
Rs 25,000 crore
Rs 33,000 crore
-24.2%
8. Energy
Rs 28,000 crore
Rs 30,000 crore
-6.7%
9. Transport & Roads
Rs 11,000 crore
Rs 27,000 crore
-59.3%
10. Police & Home
Rs 12,200 crore
Rs 25,000 crore
-51.2%
11. Social Justice
Rs 0
Rs 23,000 crore
-100.0%
12. Water Resources & Irrigation
Rs 14,800 crore
Rs 0

Madhya Pradesh vs Maharashtra Budget Analysis 2025-26

Comparing the budgets of Madhya 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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