Madhya Pradesh vs Maharashtra â Budget Comparison 2022-23
Side-by-side comparison of government budget data for FY 2022-23
Key Budget Metrics â Madhya Pradesh vs Maharashtra
Madhya Pradesh
Rs 2.69 lakh crore
Maharashtra
Rs 4.9 lakh crore
Madhya Pradesh
Rs 2.04 lakh crore
Maharashtra
Rs 3.95 lakh crore
Madhya Pradesh
Rs 68,805 crore
Maharashtra
Rs 72,000 crore
Madhya Pradesh
Rs 1.47 lakh crore
Maharashtra
Rs 2.58 lakh crore
Madhya Pradesh
3.1%
Maharashtra
2.3%
Madhya Pradesh
Rs 19,453 crore
Maharashtra
Rs 48,000 crore
Receipts & Expenditure Comparison â 2022-23
| Particulars | Madhya Pradesh | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 2.04 lakh crore | Rs 3.95 lakh crore | -48.4% |
| Tax Revenue (Net) | Rs 1.47 lakh crore | Rs 2.58 lakh crore | -43.0% |
| Non-Tax Revenue | Rs 19,878 crore | Rs 1.37 lakh crore | -85.5% |
| Total Expenditure | Rs 2.69 lakh crore | Rs 4.9 lakh crore | -45.2% |
| Revenue Expenditure | Rs 2 lakh crore | Rs 4.18 lakh crore | -52.2% |
| Capital Expenditure | Rs 68,805 crore | Rs 72,000 crore | -4.4% |
| Interest Payments | Rs 19,453 crore | Rs 48,000 crore | -59.5% |
| Fiscal Deficit | Rs 41,203 crore | Rs 80,000 crore | -48.5% |
| Fiscal Deficit (% of GDP) | 3.11% | 2.3% | â |
| Debt-to-GDP Ratio | â% | 19.7% | â |
Madhya Pradesh â Revenue Composition
Maharashtra â Revenue Composition
Madhya Pradesh vs Maharashtra Budget Analysis 2022-23
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 2022-23 analysis. You can also explore other budget comparisons across states and years.
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