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Maharashtra Budget โ€” 2026-27 vs 2023-24

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

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Budget Growth โ€” 2026-27 vs 2023-24

Total Expenditure

2026-27

Rs 7.69 lakh crore

2023-24

Rs 5.72 lakh crore

2026-27 is +34.5% higher
Total Receipts

2026-27

Rs 6.16 lakh crore

2023-24

Rs 4.7 lakh crore

2026-27 is +31.1% higher
Capital Expenditure

2026-27

Rs 1.13 lakh crore

2023-24

Rs 82,000 crore

2026-27 is +37.6% higher
Tax Revenue

2026-27

Rs 4.15 lakh crore

2023-24

Rs 2.4 lakh crore

2026-27 is +73.1% higher
Fiscal Deficit (% GDP)

2026-27

2.8%

2023-24

2.7%

2026-27 is +3.7% higher
Interest Payments

2026-27

Rs 70,055 crore

2023-24

Rs 47,000 crore

2026-27 is +49.1% higher

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

Particulars2026-272023-24Difference
Total ReceiptsRs 6.16 lakh croreRs 4.7 lakh crore+31.1%
Tax Revenue (Net)Rs 4.15 lakh croreRs 2.4 lakh crore+73.1%
Non-Tax RevenueRs 36,128 croreRs 33,000 crore+9.5%
Total ExpenditureRs 7.69 lakh croreRs 5.72 lakh crore+34.5%
Revenue ExpenditureRs 6.57 lakh croreRs 4.9 lakh crore+34.0%
Capital ExpenditureRs 1.13 lakh croreRs 82,000 crore+37.6%
Interest PaymentsRs 70,055 croreRs 47,000 crore+49.1%
Fiscal DeficitRs 1.5 lakh croreRs 1.02 lakh crore+47.5%
Fiscal Deficit (% of GDP)2.8%2.7%โ€”
Debt-to-GDP Ratio20.4%17.4%โ€”

Department Allocation Changes โ€” 2026-27 vs 2023-24

Which departments gained or lost budget share between 2023-24 and 2026-27

Department2026-272023-24Difference
1. Education, Sports, Arts and Culture
Rs 1.08 lakh crore
Rs 0
โ€”
2. Education
Rs 0
Rs 63,000 crore
-100.0%
3. Transport
Rs 53,928 crore
Rs 0
โ€”
4. Social Welfare and Nutrition
Rs 53,430 crore
Rs 0
โ€”
5. Urban Development
Rs 26,277 crore
Rs 48,000 crore
-45.3%
6. Rural Development
Rs 39,294 crore
Rs 41,000 crore
-4.2%
7. Agriculture and Allied Activities
Rs 39,160 crore
Rs 0
โ€”
8. Health and Family Welfare
Rs 37,456 crore
Rs 0
โ€”
9. Police
Rs 33,700 crore
Rs 0
โ€”
10. Welfare of SC, ST, OBC and Minorities
Rs 32,580 crore
Rs 0
โ€”
11. Health & Family Welfare
Rs 0
Rs 31,000 crore
-100.0%
12. Agriculture & Allied
Rs 0
Rs 27,000 crore
-100.0%
13. Water Supply & Sanitation
Rs 0
Rs 26,000 crore
-100.0%
14. Energy
Rs 25,215 crore
Rs 25,000 crore
+0.9%
15. Transport & Roads
Rs 0
Rs 21,000 crore
-100.0%

How Has Maharashtra's Budget Changed from 2023-24 to 2026-27?

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 2026-27 budget analysis or view all available comparisons.

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