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Odisha vs Maharashtra โ€” Budget Comparison 2023-24

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

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Key Budget Metrics โ€” Odisha vs Maharashtra

Total Expenditure

Odisha

Rs 2.12 lakh crore

Maharashtra

Rs 5.72 lakh crore

Odisha is -63.0% lower
Total Receipts

Odisha

Rs 1.85 lakh crore

Maharashtra

Rs 4.7 lakh crore

Odisha is -60.5% lower
Capital Expenditure

Odisha

Rs 46,152 crore

Maharashtra

Rs 82,000 crore

Odisha is -43.7% lower
Tax Revenue

Odisha

Rs 54,000 crore

Maharashtra

Rs 2.4 lakh crore

Odisha is -77.5% lower
Fiscal Deficit (% GDP)

Odisha

3.0%

Maharashtra

2.7%

Odisha is +11.1% higher
Interest Payments

Odisha

Rs 6,724 crore

Maharashtra

Rs 47,000 crore

Odisha is -85.7% lower

Receipts & Expenditure Comparison โ€” 2023-24

ParticularsOdishaMaharashtraDifference
Total ReceiptsRs 1.85 lakh croreRs 4.7 lakh crore-60.5%
Tax Revenue (Net)Rs 54,000 croreRs 2.4 lakh crore-77.5%
Non-Tax RevenueRs 52,500 croreRs 33,000 crore+59.1%
Total ExpenditureRs 2.12 lakh croreRs 5.72 lakh crore-63.0%
Revenue ExpenditureRs 1.63 lakh croreRs 4.9 lakh crore-66.7%
Capital ExpenditureRs 46,152 croreRs 82,000 crore-43.7%
Interest PaymentsRs 6,724 croreRs 47,000 crore-85.7%
Fiscal DeficitRs 24,982 croreRs 1.02 lakh crore-75.5%
Fiscal Deficit (% of GDP)3.0%2.7%โ€”
Debt-to-GDP Ratio19.8%17.4%โ€”

Odisha โ€” Revenue Composition

Maharashtra โ€” Revenue Composition

Department-wise Allocation โ€” Odisha vs Maharashtra

DepartmentOdishaMaharashtraDifference
1. Education
Rs 20,500 crore
Rs 63,000 crore
-67.5%
2. Urban Development
Rs 8,000 crore
Rs 48,000 crore
-83.3%
3. Rural Development
Rs 20,000 crore
Rs 41,000 crore
-51.2%
4. Health & Family Welfare
Rs 11,700 crore
Rs 31,000 crore
-62.3%
5. Agriculture & Allied
Rs 10,500 crore
Rs 27,000 crore
-61.1%
6. Water Supply & Sanitation
Rs 0
Rs 26,000 crore
-100.0%
7. Energy
Rs 10,000 crore
Rs 25,000 crore
-60.0%
8. Transport & Roads
Rs 11,200 crore
Rs 21,000 crore
-46.7%
9. Police & Home
Rs 6,200 crore
Rs 20,000 crore
-69.0%
10. Social Justice
Rs 0
Rs 18,000 crore
-100.0%
11. Social Welfare
Rs 11,900 crore
Rs 0
โ€”
12. Water Resources & Irrigation
Rs 11,800 crore
Rs 0
โ€”

Odisha vs Maharashtra Budget Analysis 2023-24

Comparing the budgets of Odisha 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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