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Kerala vs Maharashtra — Budget Comparison 2017-18

Side-by-side comparison of government budget data for FY 2017-18

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Key Budget Metrics — Kerala vs Maharashtra

Total Expenditure

Kerala

Rs 1.11 lakh crore

Maharashtra

Rs 3.22 lakh crore

Kerala is -65.4% lower
Total Receipts

Kerala

Rs 82,800 crore

Maharashtra

Rs 2.62 lakh crore

Kerala is -68.4% lower
Capital Expenditure

Kerala

Rs 11,200 crore

Maharashtra

Rs 50,000 crore

Kerala is -77.6% lower
Tax Revenue

Kerala

Rs 48,200 crore

Maharashtra

Rs 1.7 lakh crore

Kerala is -71.6% lower
Fiscal Deficit (% GDP)

Kerala

3.3%

Maharashtra

1.9%

Kerala is +73.7% higher
Interest Payments

Kerala

Rs 14,400 crore

Maharashtra

Rs 34,500 crore

Kerala is -58.3% lower

Receipts & Expenditure Comparison — 2017-18

ParticularsKeralaMaharashtraDifference
Total ReceiptsRs 82,800 croreRs 2.62 lakh crore-68.4%
Tax Revenue (Net)Rs 48,200 croreRs 1.7 lakh crore-71.6%
Non-Tax RevenueRs 6,100 croreRs 92,000 crore-93.4%
Total ExpenditureRs 1.11 lakh croreRs 3.22 lakh crore-65.4%
Revenue ExpenditureRs 1 lakh croreRs 2.72 lakh crore-63.2%
Capital ExpenditureRs 11,200 croreRs 50,000 crore-77.6%
Interest PaymentsRs 14,400 croreRs 34,500 crore-58.3%
Fiscal DeficitRs 19,200 croreRs 48,000 crore-60.0%
Fiscal Deficit (% of GDP)3.3%1.9%—
Debt-to-GDP Ratio32.4%17.6%—

Kerala — Revenue Composition

Maharashtra — Revenue Composition

Kerala vs Maharashtra Budget Analysis 2017-18

Comparing the budgets of Kerala 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 2017-18 analysis. You can also explore other budget comparisons across states and years.

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