Maharashtra Budget — 2002-03 vs 2023-24
Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed
Budget Growth — 2002-03 vs 2023-24
2002-03
Rs 48,800 crore
2023-24
Rs 5.72 lakh crore
2002-03
Rs 36,200 crore
2023-24
Rs 4.7 lakh crore
2002-03
Rs 6,300 crore
2023-24
Rs 82,000 crore
2002-03
Rs 23,530 crore
2023-24
Rs 2.4 lakh crore
2002-03
3.8%
2023-24
2.7%
2002-03
Rs 7,100 crore
2023-24
Rs 47,000 crore
Receipts & Expenditure — Year-over-Year Change
| Particulars | 2002-03 | 2023-24 | Difference |
|---|---|---|---|
| Total Receipts | Rs 36,200 crore | Rs 4.7 lakh crore | -92.3% |
| Tax Revenue (Net) | Rs 23,530 crore | Rs 2.4 lakh crore | -90.2% |
| Non-Tax Revenue | Rs 5,430 crore | Rs 33,000 crore | -83.5% |
| Total Expenditure | Rs 48,800 crore | Rs 5.72 lakh crore | -91.5% |
| Revenue Expenditure | Rs 42,500 crore | Rs 4.9 lakh crore | -91.3% |
| Capital Expenditure | Rs 6,300 crore | Rs 82,000 crore | -92.3% |
| Interest Payments | Rs 7,100 crore | Rs 47,000 crore | -84.9% |
| Fiscal Deficit | Rs 12,600 crore | Rs 1.02 lakh crore | -87.6% |
| Fiscal Deficit (% of GDP) | 3.8% | 2.7% | — |
| Debt-to-GDP Ratio | 26.8% | 17.4% | — |
Department Allocation Changes — 2002-03 vs 2023-24
Which departments gained or lost budget share between 2023-24 and 2002-03
| Department | 2002-03 | 2023-24 | Difference |
|---|---|---|---|
1. Education | Rs 0 | Rs 63,000 crore | -100.0% |
2. Urban Development | Rs 0 | Rs 48,000 crore | -100.0% |
3. Rural Development | Rs 0 | Rs 41,000 crore | -100.0% |
4. Health & Family Welfare | Rs 0 | Rs 31,000 crore | -100.0% |
5. Agriculture & Allied | Rs 0 | Rs 27,000 crore | -100.0% |
6. Water Supply & Sanitation | Rs 0 | Rs 26,000 crore | -100.0% |
7. Energy | Rs 0 | Rs 25,000 crore | -100.0% |
8. Transport & Roads | Rs 0 | Rs 21,000 crore | -100.0% |
9. Police & Home | Rs 0 | Rs 20,000 crore | -100.0% |
10. Social Justice | Rs 0 | Rs 18,000 crore | -100.0% |
How Has Maharashtra's Budget Changed from 2023-24 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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