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Himachal Pradesh vs Maharashtra — Budget Comparison 2015-16

Side-by-side comparison of government budget data for FY 2015-16

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Key Budget Metrics — Himachal Pradesh vs Maharashtra

Total Expenditure

Himachal Pradesh

Rs 26,000 crore

Maharashtra

Rs 2.63 lakh crore

Himachal Pradesh is -90.1% lower
Total Receipts

Himachal Pradesh

Rs 21,500 crore

Maharashtra

Rs 2.17 lakh crore

Himachal Pradesh is -90.1% lower
Capital Expenditure

Himachal Pradesh

Rs 3,200 crore

Maharashtra

Rs 38,000 crore

Himachal Pradesh is -91.6% lower
Tax Revenue

Himachal Pradesh

Rs 7,200 crore

Maharashtra

Rs 1.41 lakh crore

Himachal Pradesh is -94.9% lower
Fiscal Deficit (% GDP)

Himachal Pradesh

4.7%

Maharashtra

2.1%

Himachal Pradesh is +123.8% higher
Interest Payments

Himachal Pradesh

Rs 3,300 crore

Maharashtra

Rs 28,500 crore

Himachal Pradesh is -88.4% lower

Receipts & Expenditure Comparison — 2015-16

ParticularsHimachal PradeshMaharashtraDifference
Total ReceiptsRs 21,500 croreRs 2.17 lakh crore-90.1%
Tax Revenue (Net)Rs 7,200 croreRs 1.41 lakh crore-94.9%
Non-Tax RevenueRs 4,800 croreRs 75,700 crore-93.7%
Total ExpenditureRs 26,000 croreRs 2.63 lakh crore-90.1%
Revenue ExpenditureRs 22,800 croreRs 2.25 lakh crore-89.9%
Capital ExpenditureRs 3,200 croreRs 38,000 crore-91.6%
Interest PaymentsRs 3,300 croreRs 28,500 crore-88.4%
Fiscal DeficitRs 4,500 croreRs 40,500 crore-88.9%
Fiscal Deficit (% of GDP)4.7%2.1%—
Debt-to-GDP Ratio40.0%18.4%—

Himachal Pradesh — Revenue Composition

Maharashtra — Revenue Composition

Himachal Pradesh vs Maharashtra Budget Analysis 2015-16

Comparing the budgets of Himachal Pradesh 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 2015-16 analysis. You can also explore other budget comparisons across states and years.

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