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Maharashtra Budget โ€” 2024-25 vs 2022-23

Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed

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Budget Growth โ€” 2024-25 vs 2022-23

Total Expenditure

2024-25

Rs 6.12 lakh crore

2022-23

Rs 4.9 lakh crore

2024-25 is +25.0% higher
Total Receipts

2024-25

Rs 4.99 lakh crore

2022-23

Rs 3.95 lakh crore

2024-25 is +26.4% higher
Capital Expenditure

2024-25

Rs 86,295 crore

2022-23

Rs 72,000 crore

2024-25 is +19.9% higher
Tax Revenue

2024-25

Rs 2.56 lakh crore

2022-23

Rs 2.58 lakh crore

2024-25 is -0.9% lower
Fiscal Deficit (% GDP)

2024-25

2.6%

2022-23

2.3%

2024-25 is +13.0% higher
Interest Payments

2024-25

Rs 50,355 crore

2022-23

Rs 48,000 crore

2024-25 is +4.9% higher

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2024-252022-23Difference
Total ReceiptsRs 4.99 lakh croreRs 3.95 lakh crore+26.4%
Tax Revenue (Net)Rs 2.56 lakh croreRs 2.58 lakh crore-0.9%
Non-Tax RevenueRs 36,940 croreRs 1.37 lakh crore-73.0%
Total ExpenditureRs 6.12 lakh croreRs 4.9 lakh crore+25.0%
Revenue ExpenditureRs 5.26 lakh croreRs 4.18 lakh crore+25.8%
Capital ExpenditureRs 86,295 croreRs 72,000 crore+19.9%
Interest PaymentsRs 50,355 croreRs 48,000 crore+4.9%
Fiscal DeficitRs 1.1 lakh croreRs 80,000 crore+37.9%
Fiscal Deficit (% of GDP)2.6%2.3%โ€”
Debt-to-GDP Ratio16.0%19.7%โ€”

Department Allocation Changes โ€” 2024-25 vs 2022-23

Which departments gained or lost budget share between 2022-23 and 2024-25

Department2024-252022-23Difference
1. Education
Rs 69,000 crore
Rs 0
โ€”
2. Urban Development
Rs 53,000 crore
Rs 0
โ€”
3. Rural Development
Rs 45,000 crore
Rs 0
โ€”
4. Health & Family Welfare
Rs 34,000 crore
Rs 0
โ€”
5. Water Supply & Sanitation
Rs 30,000 crore
Rs 0
โ€”
6. Agriculture & Allied
Rs 29,500 crore
Rs 0
โ€”
7. Energy
Rs 27,500 crore
Rs 0
โ€”
8. Transport & Roads
Rs 23,000 crore
Rs 0
โ€”
9. Police & Home
Rs 22,500 crore
Rs 0
โ€”
10. Social Justice
Rs 20,500 crore
Rs 0
โ€”

How Has Maharashtra's Budget Changed from 2022-23 to 2024-25?

Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.

Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.

Explore the full 2024-25 budget analysis or view all available comparisons.

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