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Maharashtra vs Madhya Pradesh — Budget Comparison 2025-26

Side-by-side comparison of government budget data for FY 2025-26

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Key Budget Metrics — Maharashtra vs Madhya Pradesh

Total Expenditure

Maharashtra

Rs 7 lakh crore

Madhya Pradesh

Rs 3.75 lakh crore

Maharashtra is +86.5% higher
Total Receipts

Maharashtra

Rs 5.64 lakh crore

Madhya Pradesh

Rs 2.91 lakh crore

Maharashtra is +93.8% higher
Capital Expenditure

Maharashtra

Rs 90,343 crore

Madhya Pradesh

Rs 78,900 crore

Maharashtra is +14.5% higher
Tax Revenue

Maharashtra

Rs 2.85 lakh crore

Madhya Pradesh

Rs 1.09 lakh crore

Maharashtra is +161.1% higher
Fiscal Deficit (% GDP)

Maharashtra

2.8%

Madhya Pradesh

4.7%

Maharashtra is -40.4% lower
Interest Payments

Maharashtra

Rs 56,235 crore

Madhya Pradesh

Rs 30,000 crore

Maharashtra is +87.5% higher

Receipts & Expenditure Comparison — 2025-26

ParticularsMaharashtraMadhya PradeshDifference
Total ReceiptsRs 5.64 lakh croreRs 2.91 lakh crore+93.8%
Tax Revenue (Net)Rs 2.85 lakh croreRs 1.09 lakh crore+161.1%
Non-Tax RevenueRs 42,000 croreRs 21,399 crore+96.3%
Total ExpenditureRs 7 lakh croreRs 3.75 lakh crore+86.5%
Revenue ExpenditureRs 6.1 lakh croreRs 2.96 lakh crore+105.7%
Capital ExpenditureRs 90,343 croreRs 78,900 crore+14.5%
Interest PaymentsRs 56,235 croreRs 30,000 crore+87.5%
Fiscal DeficitRs 1.36 lakh croreRs 78,900 crore+72.7%
Fiscal Deficit (% of GDP)2.8%4.7%
Debt-to-GDP Ratio15.8%—%

Maharashtra — Revenue Composition

Madhya Pradesh — Revenue Composition

Department-wise Allocation — Maharashtra vs Madhya Pradesh

DepartmentMaharashtraMadhya PradeshDifference
1. Education
Rs 76,000 crore
Rs 54,500 crore
+39.4%
2. Urban Development
Rs 60,000 crore
Rs 0
3. Rural Development
Rs 50,000 crore
Rs 17,000 crore
+194.1%
4. Social Welfare & Nutrition
Rs 0
Rs 38,500 crore
-100.0%
5. Health & Family Welfare
Rs 38,000 crore
Rs 24,500 crore
+55.1%
6. Water Supply & Sanitation
Rs 34,000 crore
Rs 11,000 crore
+209.1%
7. Agriculture & Allied
Rs 33,000 crore
Rs 25,000 crore
+32.0%
8. Energy
Rs 30,000 crore
Rs 28,000 crore
+7.1%
9. Transport & Roads
Rs 27,000 crore
Rs 11,000 crore
+145.5%
10. Police & Home
Rs 25,000 crore
Rs 12,200 crore
+104.9%
11. Social Justice
Rs 23,000 crore
Rs 0
12. Water Resources & Irrigation
Rs 0
Rs 14,800 crore
-100.0%

Maharashtra vs Madhya Pradesh Budget Analysis 2025-26

Comparing the budgets of Maharashtra and Madhya Pradesh 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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