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Rajasthan 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 — Rajasthan vs Maharashtra

Total Expenditure

Rajasthan

Rs 3 lakh crore

Maharashtra

Rs 5.72 lakh crore

Rajasthan is -47.6% lower
Total Receipts

Rajasthan

Rs 2.4 lakh crore

Maharashtra

Rs 4.7 lakh crore

Rajasthan is -48.9% lower
Capital Expenditure

Rajasthan

Rs 32,000 crore

Maharashtra

Rs 82,000 crore

Rajasthan is -61.0% lower
Tax Revenue

Rajasthan

Rs 98,000 crore

Maharashtra

Rs 2.4 lakh crore

Rajasthan is -59.2% lower
Fiscal Deficit (% GDP)

Rajasthan

3.9%

Maharashtra

2.7%

Rajasthan is +44.4% higher
Interest Payments

Rajasthan

Rs 35,000 crore

Maharashtra

Rs 47,000 crore

Rajasthan is -25.5% lower

Receipts & Expenditure Comparison — 2023-24

ParticularsRajasthanMaharashtraDifference
Total ReceiptsRs 2.4 lakh croreRs 4.7 lakh crore-48.9%
Tax Revenue (Net)Rs 98,000 croreRs 2.4 lakh crore-59.2%
Non-Tax RevenueRs 15,000 croreRs 33,000 crore-54.5%
Total ExpenditureRs 3 lakh croreRs 5.72 lakh crore-47.6%
Revenue ExpenditureRs 2.68 lakh croreRs 4.9 lakh crore-45.3%
Capital ExpenditureRs 32,000 croreRs 82,000 crore-61.0%
Interest PaymentsRs 35,000 croreRs 47,000 crore-25.5%
Fiscal DeficitRs 60,000 croreRs 1.02 lakh crore-41.2%
Fiscal Deficit (% of GDP)3.9%2.7%
Debt-to-GDP Ratio34.6%17.4%

Rajasthan — Revenue Composition

Maharashtra — Revenue Composition

Department-wise Allocation — Rajasthan vs Maharashtra

DepartmentRajasthanMaharashtraDifference
1. Education
Rs 41,500 crore
Rs 63,000 crore
-34.1%
2. Urban Development
Rs 10,000 crore
Rs 48,000 crore
-79.2%
3. Rural Development
Rs 16,500 crore
Rs 41,000 crore
-59.8%
4. Health & Family Welfare
Rs 18,500 crore
Rs 31,000 crore
-40.3%
5. Agriculture & Allied
Rs 20,000 crore
Rs 27,000 crore
-25.9%
6. Water Supply & Sanitation
Rs 0
Rs 26,000 crore
-100.0%
7. Social Welfare
Rs 25,000 crore
Rs 0
8. Energy
Rs 17,500 crore
Rs 25,000 crore
-30.0%
9. Transport & Roads
Rs 10,500 crore
Rs 21,000 crore
-50.0%
10. Police & Home
Rs 11,200 crore
Rs 20,000 crore
-44.0%
11. Social Justice
Rs 0
Rs 18,000 crore
-100.0%
12. Water Resources & Irrigation
Rs 13,000 crore
Rs 0

Rajasthan vs Maharashtra Budget Analysis 2023-24

Comparing the budgets of Rajasthan 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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