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Maharashtra vs Madhya Pradesh โ€” Budget Comparison 2026-27

Side-by-side comparison of government budget data for FY 2026-27

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Key Budget Metrics โ€” Maharashtra vs Madhya Pradesh

Total Expenditure

Maharashtra

Rs 7.69 lakh crore

Madhya Pradesh

Rs 3.89 lakh crore

Maharashtra is +97.8% higher
Total Receipts

Maharashtra

Rs 6.16 lakh crore

Madhya Pradesh

Rs 3.09 lakh crore

Maharashtra is +99.6% higher
Capital Expenditure

Maharashtra

Rs 1.13 lakh crore

Madhya Pradesh

Rs 78,920 crore

Maharashtra is +42.9% higher
Tax Revenue

Maharashtra

Rs 4.15 lakh crore

Madhya Pradesh

Rs 2.3 lakh crore

Maharashtra is +80.8% higher
Fiscal Deficit (% GDP)

Maharashtra

2.8%

Madhya Pradesh

3.9%

Maharashtra is -28.2% lower
Interest Payments

Maharashtra

Rs 70,055 crore

Madhya Pradesh

Rs 33,735 crore

Maharashtra is +107.7% higher

Receipts & Expenditure Comparison โ€” 2026-27

ParticularsMaharashtraMadhya PradeshDifference
Total ReceiptsRs 6.16 lakh croreRs 3.09 lakh crore+99.6%
Tax Revenue (Net)Rs 4.15 lakh croreRs 2.3 lakh crore+80.8%
Non-Tax RevenueRs 36,128 croreRs 24,394 crore+48.1%
Total ExpenditureRs 7.69 lakh croreRs 3.89 lakh crore+97.8%
Revenue ExpenditureRs 6.57 lakh croreRs 3.09 lakh crore+112.7%
Capital ExpenditureRs 1.13 lakh croreRs 78,920 crore+42.9%
Interest PaymentsRs 70,055 croreRs 33,735 crore+107.7%
Fiscal DeficitRs 1.5 lakh croreRs 71,458 crore+110.6%
Fiscal Deficit (% of GDP)2.8%3.9%โ€”
Debt-to-GDP Ratio20.4%32.5%โ€”

Maharashtra โ€” Revenue Composition

Madhya Pradesh โ€” Revenue Composition

Department-wise Allocation โ€” Maharashtra vs Madhya Pradesh

DepartmentMaharashtraMadhya PradeshDifference
1. Education, Sports, Arts and Culture
Rs 1.08 lakh crore
Rs 52,917 crore
+105.0%
2. Transport
Rs 53,928 crore
Rs 13,103 crore
+311.6%
3. Social Welfare and Nutrition
Rs 53,430 crore
Rs 40,400 crore
+32.3%
4. Rural Development
Rs 39,294 crore
Rs 23,579 crore
+66.6%
5. Agriculture and Allied Activities
Rs 39,160 crore
Rs 23,576 crore
+66.1%
6. Health and Family Welfare
Rs 37,456 crore
Rs 24,001 crore
+56.1%
7. Police
Rs 33,700 crore
Rs 12,720 crore
+164.9%
8. Welfare of SC, ST, OBC and Minorities
Rs 32,580 crore
Rs 0
โ€”
9. Energy
Rs 25,215 crore
Rs 31,843 crore
-20.8%
10. Urban Development
Rs 26,277 crore
Rs 13,178 crore
+99.4%
11. Irrigation and Flood Control
Rs 0
Rs 13,934 crore
-100.0%

Maharashtra vs Madhya Pradesh Budget Analysis 2026-27

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 2026-27 analysis. You can also explore other budget comparisons across states and years.

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