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Maharashtra Budget — 2024-25 vs 2025-26

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

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Budget Growth — 2024-25 vs 2025-26

Total Expenditure

2024-25

Rs 6.12 lakh crore

2025-26

Rs 7 lakh crore

2024-25 is -12.5% lower
Total Receipts

2024-25

Rs 4.99 lakh crore

2025-26

Rs 5.64 lakh crore

2024-25 is -11.4% lower
Capital Expenditure

2024-25

Rs 86,295 crore

2025-26

Rs 90,343 crore

2024-25 is -4.5% lower
Tax Revenue

2024-25

Rs 2.56 lakh crore

2025-26

Rs 2.85 lakh crore

2024-25 is -10.3% lower
Fiscal Deficit (% GDP)

2024-25

2.6%

2025-26

2.8%

2024-25 is -7.1% lower
Interest Payments

2024-25

Rs 50,355 crore

2025-26

Rs 56,235 crore

2024-25 is -10.5% lower

Receipts & Expenditure — Year-over-Year Change

Particulars2024-252025-26Difference
Total ReceiptsRs 4.99 lakh croreRs 5.64 lakh crore-11.4%
Tax Revenue (Net)Rs 2.56 lakh croreRs 2.85 lakh crore-10.3%
Non-Tax RevenueRs 36,940 croreRs 42,000 crore-12.0%
Total ExpenditureRs 6.12 lakh croreRs 7 lakh crore-12.5%
Revenue ExpenditureRs 5.26 lakh croreRs 6.1 lakh crore-13.7%
Capital ExpenditureRs 86,295 croreRs 90,343 crore-4.5%
Interest PaymentsRs 50,355 croreRs 56,235 crore-10.5%
Fiscal DeficitRs 1.1 lakh croreRs 1.36 lakh crore-19.0%
Fiscal Deficit (% of GDP)2.6%2.8%—
Debt-to-GDP Ratio16.0%15.8%—

Department Allocation Changes — 2024-25 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2024-25

Department2024-252025-26Difference
1. Education
Rs 69,000 crore
Rs 76,000 crore
-9.2%
2. Urban Development
Rs 53,000 crore
Rs 60,000 crore
-11.7%
3. Rural Development
Rs 45,000 crore
Rs 50,000 crore
-10.0%
4. Health & Family Welfare
Rs 34,000 crore
Rs 38,000 crore
-10.5%
5. Water Supply & Sanitation
Rs 30,000 crore
Rs 34,000 crore
-11.8%
6. Agriculture & Allied
Rs 29,500 crore
Rs 33,000 crore
-10.6%
7. Energy
Rs 27,500 crore
Rs 30,000 crore
-8.3%
8. Transport & Roads
Rs 23,000 crore
Rs 27,000 crore
-14.8%
9. Police & Home
Rs 22,500 crore
Rs 25,000 crore
-10.0%
10. Social Justice
Rs 20,500 crore
Rs 23,000 crore
-10.9%

How Has Maharashtra's Budget Changed from 2025-26 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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