Jammu & Kashmir vs Maharashtra — Budget Comparison 2023-24
Side-by-side comparison of government budget data for FY 2023-24
Key Budget Metrics — Jammu & Kashmir vs Maharashtra
Jammu & Kashmir
Rs 84,700 crore
Maharashtra
Rs 5.72 lakh crore
Jammu & Kashmir
Rs 68,200 crore
Maharashtra
Rs 4.7 lakh crore
Jammu & Kashmir
Rs 13,500 crore
Maharashtra
Rs 82,000 crore
Jammu & Kashmir
Rs 12,500 crore
Maharashtra
Rs 2.4 lakh crore
Jammu & Kashmir
4.2%
Maharashtra
2.7%
Jammu & Kashmir
Rs 9,900 crore
Maharashtra
Rs 47,000 crore
Receipts & Expenditure Comparison — 2023-24
| Particulars | Jammu & Kashmir | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 68,200 crore | Rs 4.7 lakh crore | -85.5% |
| Tax Revenue (Net) | Rs 12,500 crore | Rs 2.4 lakh crore | -94.8% |
| Non-Tax Revenue | Rs 5,700 crore | Rs 33,000 crore | -82.7% |
| Total Expenditure | Rs 84,700 crore | Rs 5.72 lakh crore | -85.2% |
| Revenue Expenditure | Rs 64,500 crore | Rs 4.9 lakh crore | -86.8% |
| Capital Expenditure | Rs 13,500 crore | Rs 82,000 crore | -83.5% |
| Interest Payments | Rs 9,900 crore | Rs 47,000 crore | -78.9% |
| Fiscal Deficit | Rs 10,100 crore | Rs 1.02 lakh crore | -90.1% |
| Fiscal Deficit (% of GDP) | 4.2% | 2.7% | — |
| Debt-to-GDP Ratio | 51.0% | 17.4% | — |
Jammu & Kashmir — Revenue Composition
Maharashtra — Revenue Composition
Department-wise Allocation — Jammu & Kashmir vs Maharashtra
| Department | Jammu & Kashmir | Maharashtra | Difference |
|---|---|---|---|
1. Education | Rs 11,050 crore | Rs 63,000 crore | -82.5% |
2. Urban Development | Rs 0 | Rs 48,000 crore | -100.0% |
3. Rural Development | Rs 0 | Rs 41,000 crore | -100.0% |
4. Health & Family Welfare | Rs 5,000 crore | Rs 31,000 crore | -83.9% |
5. Agriculture & Allied | Rs 3,450 crore | Rs 27,000 crore | -87.2% |
6. Water Supply & Sanitation | Rs 0 | Rs 26,000 crore | -100.0% |
7. Energy | Rs 0 | Rs 25,000 crore | -100.0% |
8. Transport & Roads | Rs 0 | Rs 21,000 crore | -100.0% |
9. Police & Home | Rs 0 | Rs 20,000 crore | -100.0% |
10. Social Justice | Rs 0 | Rs 18,000 crore | -100.0% |
11. Police & Home Affairs | Rs 7,900 crore | Rs 0 | — |
12. Rural Development & Panchayati Raj | Rs 6,300 crore | Rs 0 | — |
13. Public Works & Roads | Rs 6,300 crore | Rs 0 | — |
14. Energy & Power | Rs 5,500 crore | Rs 0 | — |
15. Water Supply & Jal Jeevan | Rs 3,150 crore | Rs 0 | — |
Jammu & Kashmir vs Maharashtra Budget Analysis 2023-24
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 2023-24 analysis. You can also explore other budget comparisons across states and years.
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