Maharashtra Budget — 2002-03 vs 2022-23
Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed
Budget Growth — 2002-03 vs 2022-23
2002-03
Rs 48,800 crore
2022-23
Rs 4.9 lakh crore
2002-03
Rs 36,200 crore
2022-23
Rs 3.95 lakh crore
2002-03
Rs 6,300 crore
2022-23
Rs 72,000 crore
2002-03
Rs 23,530 crore
2022-23
Rs 2.58 lakh crore
2002-03
3.8%
2022-23
2.3%
2002-03
Rs 7,100 crore
2022-23
Rs 48,000 crore
Receipts & Expenditure — Year-over-Year Change
| Particulars | 2002-03 | 2022-23 | Difference |
|---|---|---|---|
| Total Receipts | Rs 36,200 crore | Rs 3.95 lakh crore | -90.8% |
| Tax Revenue (Net) | Rs 23,530 crore | Rs 2.58 lakh crore | -90.9% |
| Non-Tax Revenue | Rs 5,430 crore | Rs 1.37 lakh crore | -96.0% |
| Total Expenditure | Rs 48,800 crore | Rs 4.9 lakh crore | -90.0% |
| Revenue Expenditure | Rs 42,500 crore | Rs 4.18 lakh crore | -89.8% |
| Capital Expenditure | Rs 6,300 crore | Rs 72,000 crore | -91.3% |
| Interest Payments | Rs 7,100 crore | Rs 48,000 crore | -85.2% |
| Fiscal Deficit | Rs 12,600 crore | Rs 80,000 crore | -84.3% |
| Fiscal Deficit (% of GDP) | 3.8% | 2.3% | — |
| Debt-to-GDP Ratio | 26.8% | 19.7% | — |
How Has Maharashtra's Budget Changed from 2022-23 to 2002-03?
Comparing budgets across years helps track fiscal consolidation progress, shifts in spending priorities, and revenue growth patterns. The gap between Budget Estimates and Revised Estimates is a key indicator of fiscal discipline and realistic projection capability.
Capital expenditure trends show the government's commitment to infrastructure development, while revenue expenditure patterns indicate recurring obligations like salaries, pensions, and interest payments. A rising capital-to-revenue expenditure ratio generally signals productive spending.
Explore the full 2002-03 budget analysis or view all available comparisons.
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