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Madhya Pradesh vs Maharashtra — Budget Comparison 2019-20

Side-by-side comparison of government budget data for FY 2019-20

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Key Budget Metrics — Madhya Pradesh vs Maharashtra

Total Expenditure

Madhya Pradesh

Rs 1.92 lakh crore

Maharashtra

Rs 3.72 lakh crore

Madhya Pradesh is -48.5% lower
Total Receipts

Madhya Pradesh

Rs 1.48 lakh crore

Maharashtra

Rs 2.98 lakh crore

Madhya Pradesh is -50.4% lower
Capital Expenditure

Madhya Pradesh

Rs 41,162 crore

Maharashtra

Rs 52,000 crore

Madhya Pradesh is -20.8% lower
Tax Revenue

Madhya Pradesh

Rs 1.05 lakh crore

Maharashtra

Rs 1.95 lakh crore

Madhya Pradesh is -45.9% lower
Fiscal Deficit (% GDP)

Madhya Pradesh

3.5%

Maharashtra

2.1%

Madhya Pradesh is +67.1% higher
Interest Payments

Madhya Pradesh

Rs 14,217 crore

Maharashtra

Rs 40,000 crore

Madhya Pradesh is -64.5% lower

Receipts & Expenditure Comparison — 2019-20

ParticularsMadhya PradeshMaharashtraDifference
Total ReceiptsRs 1.48 lakh croreRs 2.98 lakh crore-50.4%
Tax Revenue (Net)Rs 1.05 lakh croreRs 1.95 lakh crore-45.9%
Non-Tax RevenueRs 10,350 croreRs 1.03 lakh crore-90.0%
Total ExpenditureRs 1.92 lakh croreRs 3.72 lakh crore-48.5%
Revenue ExpenditureRs 1.5 lakh croreRs 3.2 lakh crore-53.0%
Capital ExpenditureRs 41,162 croreRs 52,000 crore-20.8%
Interest PaymentsRs 14,217 croreRs 40,000 crore-64.5%
Fiscal DeficitRs 32,860 croreRs 60,000 crore-45.2%
Fiscal Deficit (% of GDP)3.51%2.1%—
Debt-to-GDP Ratio24.3%17.8%—

Madhya Pradesh — Revenue Composition

Maharashtra — Revenue Composition

Madhya Pradesh vs Maharashtra Budget Analysis 2019-20

Comparing the budgets of Madhya 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 2019-20 analysis. You can also explore other budget comparisons across states and years.

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