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Jharkhand 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 — Jharkhand vs Maharashtra

Total Expenditure

Jharkhand

Rs 89,400 crore

Maharashtra

Rs 4.9 lakh crore

Jharkhand is -81.8% lower
Total Receipts

Jharkhand

Rs 70,500 crore

Maharashtra

Rs 3.95 lakh crore

Jharkhand is -82.2% lower
Capital Expenditure

Jharkhand

Rs 16,200 crore

Maharashtra

Rs 72,000 crore

Jharkhand is -77.5% lower
Tax Revenue

Jharkhand

Rs 22,800 crore

Maharashtra

Rs 2.58 lakh crore

Jharkhand is -91.2% lower
Fiscal Deficit (% GDP)

Jharkhand

3.4%

Maharashtra

2.3%

Jharkhand is +47.8% higher
Interest Payments

Jharkhand

Rs 9,300 crore

Maharashtra

Rs 48,000 crore

Jharkhand is -80.6% lower

Receipts & Expenditure Comparison — 2022-23

ParticularsJharkhandMaharashtraDifference
Total ReceiptsRs 70,500 croreRs 3.95 lakh crore-82.2%
Tax Revenue (Net)Rs 22,800 croreRs 2.58 lakh crore-91.2%
Non-Tax RevenueRs 11,200 croreRs 1.37 lakh crore-91.8%
Total ExpenditureRs 89,400 croreRs 4.9 lakh crore-81.8%
Revenue ExpenditureRs 73,200 croreRs 4.18 lakh crore-82.5%
Capital ExpenditureRs 16,200 croreRs 72,000 crore-77.5%
Interest PaymentsRs 9,300 croreRs 48,000 crore-80.6%
Fiscal DeficitRs 13,500 croreRs 80,000 crore-83.1%
Fiscal Deficit (% of GDP)3.4%2.3%—
Debt-to-GDP Ratio27.0%19.7%—

Jharkhand — Revenue Composition

Maharashtra — Revenue Composition

Jharkhand vs Maharashtra Budget Analysis 2022-23

Comparing the budgets of Jharkhand 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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