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Rajasthan vs Madhya Pradesh — Budget Comparison 2024-25

Side-by-side comparison of government budget data for FY 2024-25

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Key Budget Metrics — Rajasthan vs Madhya Pradesh

Total Expenditure

Rajasthan

Rs 3.34 lakh crore

Madhya Pradesh

Rs 3.26 lakh crore

Rajasthan is +2.2% higher
Total Receipts

Rajasthan

Rs 2.63 lakh crore

Madhya Pradesh

Rs 2.63 lakh crore

Rajasthan is -0.0% lower
Capital Expenditure

Rajasthan

Rs 38,300 crore

Madhya Pradesh

Rs 61,633 crore

Rajasthan is -37.9% lower
Tax Revenue

Rajasthan

Rs 1.08 lakh crore

Madhya Pradesh

Rs 1.02 lakh crore

Rajasthan is +5.8% higher
Fiscal Deficit (% GDP)

Rajasthan

4.1%

Madhya Pradesh

4.1%

Rajasthan is -0.2% lower
Interest Payments

Rajasthan

Rs 38,000 crore

Madhya Pradesh

Rs 27,400 crore

Rajasthan is +38.7% higher

Receipts & Expenditure Comparison — 2024-25

ParticularsRajasthanMadhya PradeshDifference
Total ReceiptsRs 2.63 lakh croreRs 2.63 lakh crore-0.0%
Tax Revenue (Net)Rs 1.08 lakh croreRs 1.02 lakh crore+5.8%
Non-Tax RevenueRs 17,500 croreRs 20,603 crore-15.1%
Total ExpenditureRs 3.34 lakh croreRs 3.26 lakh crore+2.2%
Revenue ExpenditureRs 2.95 lakh croreRs 2.62 lakh crore+12.8%
Capital ExpenditureRs 38,300 croreRs 61,633 crore-37.9%
Interest PaymentsRs 38,000 croreRs 27,400 crore+38.7%
Fiscal DeficitRs 70,000 croreRs 62,564 crore+11.9%
Fiscal Deficit (% of GDP)4.1%4.11%
Debt-to-GDP Ratio33.4%32%

Rajasthan — Revenue Composition

Madhya Pradesh — Revenue Composition

Department-wise Allocation — Rajasthan vs Madhya Pradesh

DepartmentRajasthanMadhya PradeshDifference
1. Education
Rs 46,000 crore
Rs 48,087 crore
-4.3%
2. Social Welfare & Nutrition
Rs 0
Rs 34,049 crore
-100.0%
3. Social Welfare
Rs 28,500 crore
Rs 0
4. Energy
Rs 20,000 crore
Rs 24,891 crore
-19.6%
5. Agriculture & Allied
Rs 22,500 crore
Rs 22,193 crore
+1.4%
6. Health & Family Welfare
Rs 21,000 crore
Rs 21,714 crore
-3.3%
7. Rural Development
Rs 19,000 crore
Rs 14,918 crore
+27.4%
8. Water Resources & Irrigation
Rs 15,000 crore
Rs 12,998 crore
+15.4%
9. Police & Home
Rs 13,000 crore
Rs 10,663 crore
+21.9%
10. Transport & Roads
Rs 12,000 crore
Rs 9,386 crore
+27.8%
11. Urban Development
Rs 11,500 crore
Rs 0
12. Water Supply & Sanitation
Rs 0
Rs 9,793 crore
-100.0%

Rajasthan vs Madhya Pradesh Budget Analysis 2024-25

Comparing the budgets of Rajasthan 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 2024-25 analysis. You can also explore other budget comparisons across states and years.

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