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Tamil Nadu vs Maharashtra — Budget Comparison 2003-04

Side-by-side comparison of government budget data for FY 2003-04

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Key Budget Metrics — Tamil Nadu vs Maharashtra

Total Expenditure

Tamil Nadu

Rs 31,800 crore

Maharashtra

Rs 53,000 crore

Tamil Nadu is -40.0% lower
Total Receipts

Tamil Nadu

Rs 23,500 crore

Maharashtra

Rs 40,500 crore

Tamil Nadu is -42.0% lower
Capital Expenditure

Tamil Nadu

Rs 5,800 crore

Maharashtra

Rs 7,100 crore

Tamil Nadu is -18.3% lower
Tax Revenue

Tamil Nadu

Rs 14,100 crore

Maharashtra

Rs 26,325 crore

Tamil Nadu is -46.4% lower
Fiscal Deficit (% GDP)

Tamil Nadu

2.7%

Maharashtra

3.4%

Tamil Nadu is -20.6% lower
Interest Payments

Tamil Nadu

Rs 4,520 crore

Maharashtra

Rs 7,900 crore

Tamil Nadu is -42.8% lower

Receipts & Expenditure Comparison — 2003-04

ParticularsTamil NaduMaharashtraDifference
Total ReceiptsRs 23,500 croreRs 40,500 crore-42.0%
Tax Revenue (Net)Rs 14,100 croreRs 26,325 crore-46.4%
Non-Tax RevenueRs 3,760 croreRs 6,075 crore-38.1%
Total ExpenditureRs 31,800 croreRs 53,000 crore-40.0%
Revenue ExpenditureRs 26,000 croreRs 45,900 crore-43.4%
Capital ExpenditureRs 5,800 croreRs 7,100 crore-18.3%
Interest PaymentsRs 4,520 croreRs 7,900 crore-42.8%
Fiscal DeficitRs 5,520 croreRs 12,700 crore-56.5%
Fiscal Deficit (% of GDP)2.7%3.4%—
Debt-to-GDP Ratio22.4%26.6%—

Tamil Nadu — Revenue Composition

Maharashtra — Revenue Composition

Tamil Nadu vs Maharashtra Budget Analysis 2003-04

Comparing the budgets of Tamil Nadu 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 2003-04 analysis. You can also explore other budget comparisons across states and years.

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