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Meghalaya vs Maharashtra — Budget Comparison 2023-24

Side-by-side comparison of government budget data for FY 2023-24

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Key Budget Metrics — Meghalaya vs Maharashtra

Total Expenditure

Meghalaya

Rs 25,052 crore

Maharashtra

Rs 5.72 lakh crore

Meghalaya is -95.6% lower
Total Receipts

Meghalaya

Rs 22,188 crore

Maharashtra

Rs 4.7 lakh crore

Meghalaya is -95.3% lower
Capital Expenditure

Meghalaya

Rs 5,720 crore

Maharashtra

Rs 82,000 crore

Meghalaya is -93.0% lower
Tax Revenue

Meghalaya

Rs 3,262 crore

Maharashtra

Rs 2.4 lakh crore

Meghalaya is -98.6% lower
Fiscal Deficit (% GDP)

Meghalaya

3.9%

Maharashtra

2.7%

Meghalaya is +44.4% higher
Interest Payments

Meghalaya

Rs 1,199 crore

Maharashtra

Rs 47,000 crore

Meghalaya is -97.4% lower

Receipts & Expenditure Comparison — 2023-24

ParticularsMeghalayaMaharashtraDifference
Total ReceiptsRs 22,188 croreRs 4.7 lakh crore-95.3%
Tax Revenue (Net)Rs 3,262 croreRs 2.4 lakh crore-98.6%
Non-Tax RevenueRs 758 croreRs 33,000 crore-97.7%
Total ExpenditureRs 25,052 croreRs 5.72 lakh crore-95.6%
Revenue ExpenditureRs 18,294 croreRs 4.9 lakh crore-96.3%
Capital ExpenditureRs 5,720 croreRs 82,000 crore-93.0%
Interest PaymentsRs 1,199 croreRs 47,000 crore-97.4%
Fiscal DeficitRs 1,849 croreRs 1.02 lakh crore-98.2%
Fiscal Deficit (% of GDP)3.9%2.7%—
Debt-to-GDP Ratio29.3%17.4%—

Meghalaya — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Meghalaya vs Maharashtra

DepartmentMeghalayaMaharashtraDifference
1. Education
Rs 3,500 crore
Rs 63,000 crore
-94.4%
2. Urban Development
Rs 660 crore
Rs 48,000 crore
-98.6%
3. Rural Development
Rs 2,280 crore
Rs 41,000 crore
-94.4%
4. Health & Family Welfare
Rs 1,730 crore
Rs 31,000 crore
-94.4%
5. Agriculture & Allied
Rs 1,180 crore
Rs 27,000 crore
-95.6%
6. Water Supply & Sanitation
Rs 940 crore
Rs 26,000 crore
-96.4%
7. Energy
Rs 920 crore
Rs 25,000 crore
-96.3%
8. Transport & Roads
Rs 0
Rs 21,000 crore
-100.0%
9. Police & Home
Rs 1,300 crore
Rs 20,000 crore
-93.5%
10. Social Justice
Rs 0
Rs 18,000 crore
-100.0%
11. Public Works & Roads
Rs 2,100 crore
Rs 0
—
12. Social Welfare
Rs 940 crore
Rs 0
—

Meghalaya vs Maharashtra Budget Analysis 2023-24

Comparing the budgets of Meghalaya and Maharashtra 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 2023-24 analysis. You can also explore other budget comparisons across states and years.

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