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Maharashtra Budget โ€” 2024-25 vs 2026-27

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

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Budget Growth โ€” 2024-25 vs 2026-27

Total Expenditure

2024-25

Rs 6.12 lakh crore

2026-27

Rs 7.69 lakh crore

2024-25 is -20.4% lower
Total Receipts

2024-25

Rs 4.99 lakh crore

2026-27

Rs 6.16 lakh crore

2024-25 is -18.9% lower
Capital Expenditure

2024-25

Rs 86,295 crore

2026-27

Rs 1.13 lakh crore

2024-25 is -23.5% lower
Tax Revenue

2024-25

Rs 2.56 lakh crore

2026-27

Rs 4.15 lakh crore

2024-25 is -38.5% lower
Fiscal Deficit (% GDP)

2024-25

2.6%

2026-27

2.8%

2024-25 is -7.1% lower
Interest Payments

2024-25

Rs 50,355 crore

2026-27

Rs 70,055 crore

2024-25 is -28.1% lower

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

Particulars2024-252026-27Difference
Total ReceiptsRs 4.99 lakh croreRs 6.16 lakh crore-18.9%
Tax Revenue (Net)Rs 2.56 lakh croreRs 4.15 lakh crore-38.5%
Non-Tax RevenueRs 36,940 croreRs 36,128 crore+2.2%
Total ExpenditureRs 6.12 lakh croreRs 7.69 lakh crore-20.4%
Revenue ExpenditureRs 5.26 lakh croreRs 6.57 lakh crore-19.9%
Capital ExpenditureRs 86,295 croreRs 1.13 lakh crore-23.5%
Interest PaymentsRs 50,355 croreRs 70,055 crore-28.1%
Fiscal DeficitRs 1.1 lakh croreRs 1.5 lakh crore-26.7%
Fiscal Deficit (% of GDP)2.6%2.8%โ€”
Debt-to-GDP Ratio16.0%20.4%โ€”

Department Allocation Changes โ€” 2024-25 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2024-25

Department2024-252026-27Difference
1. Education, Sports, Arts and Culture
Rs 0
Rs 1.08 lakh crore
-100.0%
2. Education
Rs 69,000 crore
Rs 0
โ€”
3. Transport
Rs 0
Rs 53,928 crore
-100.0%
4. Social Welfare and Nutrition
Rs 0
Rs 53,430 crore
-100.0%
5. Urban Development
Rs 53,000 crore
Rs 26,277 crore
+101.7%
6. Rural Development
Rs 45,000 crore
Rs 39,294 crore
+14.5%
7. Agriculture and Allied Activities
Rs 0
Rs 39,160 crore
-100.0%
8. Health and Family Welfare
Rs 0
Rs 37,456 crore
-100.0%
9. Health & Family Welfare
Rs 34,000 crore
Rs 0
โ€”
10. Police
Rs 0
Rs 33,700 crore
-100.0%
11. Welfare of SC, ST, OBC and Minorities
Rs 0
Rs 32,580 crore
-100.0%
12. Water Supply & Sanitation
Rs 30,000 crore
Rs 0
โ€”
13. Agriculture & Allied
Rs 29,500 crore
Rs 0
โ€”
14. Energy
Rs 27,500 crore
Rs 25,215 crore
+9.1%
15. Transport & Roads
Rs 23,000 crore
Rs 0
โ€”

How Has Maharashtra's Budget Changed from 2026-27 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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