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Jammu & Kashmir vs Maharashtra — Budget Comparison 2022-23

Side-by-side comparison of government budget data for FY 2022-23

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Key Budget Metrics — Jammu & Kashmir vs Maharashtra

Total Expenditure

Jammu & Kashmir

Rs 90,000 crore

Maharashtra

Rs 4.9 lakh crore

Jammu & Kashmir is -81.6% lower
Total Receipts

Jammu & Kashmir

Rs 64,200 crore

Maharashtra

Rs 3.95 lakh crore

Jammu & Kashmir is -83.7% lower
Capital Expenditure

Jammu & Kashmir

Rs 15,000 crore

Maharashtra

Rs 72,000 crore

Jammu & Kashmir is -79.2% lower
Tax Revenue

Jammu & Kashmir

Rs 11,800 crore

Maharashtra

Rs 2.58 lakh crore

Jammu & Kashmir is -95.4% lower
Fiscal Deficit (% GDP)

Jammu & Kashmir

4.1%

Maharashtra

2.3%

Jammu & Kashmir is +78.3% higher
Interest Payments

Jammu & Kashmir

Rs 9,200 crore

Maharashtra

Rs 48,000 crore

Jammu & Kashmir is -80.8% lower

Receipts & Expenditure Comparison — 2022-23

ParticularsJammu & KashmirMaharashtraDifference
Total ReceiptsRs 64,200 croreRs 3.95 lakh crore-83.7%
Tax Revenue (Net)Rs 11,800 croreRs 2.58 lakh crore-95.4%
Non-Tax RevenueRs 5,200 croreRs 1.37 lakh crore-96.2%
Total ExpenditureRs 90,000 croreRs 4.9 lakh crore-81.6%
Revenue ExpenditureRs 61,500 croreRs 4.18 lakh crore-85.3%
Capital ExpenditureRs 15,000 croreRs 72,000 crore-79.2%
Interest PaymentsRs 9,200 croreRs 48,000 crore-80.8%
Fiscal DeficitRs 9,500 croreRs 80,000 crore-88.1%
Fiscal Deficit (% of GDP)4.1%2.3%—
Debt-to-GDP Ratio47.0%19.7%—

Jammu & Kashmir — Revenue Composition

Maharashtra — Revenue Composition

Jammu & Kashmir vs Maharashtra Budget Analysis 2022-23

Comparing the budgets of Jammu & Kashmir 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 2022-23 analysis. You can also explore other budget comparisons across states and years.

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