Maharashtra Budget โ 2003-04 vs 2026-27
Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed
Budget Growth โ 2003-04 vs 2026-27
2003-04
Rs 53,000 crore
2026-27
Rs 7.69 lakh crore
2003-04
Rs 40,500 crore
2026-27
Rs 6.16 lakh crore
2003-04
Rs 7,100 crore
2026-27
Rs 1.13 lakh crore
2003-04
Rs 26,325 crore
2026-27
Rs 4.15 lakh crore
2003-04
3.4%
2026-27
2.8%
2003-04
Rs 7,900 crore
2026-27
Rs 70,055 crore
Receipts & Expenditure โ Year-over-Year Change
| Particulars | 2003-04 | 2026-27 | Difference |
|---|---|---|---|
| Total Receipts | Rs 40,500 crore | Rs 6.16 lakh crore | -93.4% |
| Tax Revenue (Net) | Rs 26,325 crore | Rs 4.15 lakh crore | -93.7% |
| Non-Tax Revenue | Rs 6,075 crore | Rs 36,128 crore | -83.2% |
| Total Expenditure | Rs 53,000 crore | Rs 7.69 lakh crore | -93.1% |
| Revenue Expenditure | Rs 45,900 crore | Rs 6.57 lakh crore | -93.0% |
| Capital Expenditure | Rs 7,100 crore | Rs 1.13 lakh crore | -93.7% |
| Interest Payments | Rs 7,900 crore | Rs 70,055 crore | -88.7% |
| Fiscal Deficit | Rs 12,700 crore | Rs 1.5 lakh crore | -91.6% |
| Fiscal Deficit (% of GDP) | 3.4% | 2.8% | โ |
| Debt-to-GDP Ratio | 26.6% | 20.4% | โ |
Department Allocation Changes โ 2003-04 vs 2026-27
Which departments gained or lost budget share between 2026-27 and 2003-04
| Department | 2003-04 | 2026-27 | Difference |
|---|---|---|---|
1. Education, Sports, Arts and Culture | Rs 0 | Rs 1.08 lakh crore | -100.0% |
2. Transport | Rs 0 | Rs 53,928 crore | -100.0% |
3. Social Welfare and Nutrition | Rs 0 | Rs 53,430 crore | -100.0% |
4. Rural Development | Rs 0 | Rs 39,294 crore | -100.0% |
5. Agriculture and Allied Activities | Rs 0 | Rs 39,160 crore | -100.0% |
6. Health and Family Welfare | Rs 0 | Rs 37,456 crore | -100.0% |
7. Police | Rs 0 | Rs 33,700 crore | -100.0% |
8. Welfare of SC, ST, OBC and Minorities | Rs 0 | Rs 32,580 crore | -100.0% |
9. Urban Development | Rs 0 | Rs 26,277 crore | -100.0% |
10. Energy | Rs 0 | Rs 25,215 crore | -100.0% |
How Has Maharashtra's Budget Changed from 2026-27 to 2003-04?
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 2003-04 budget analysis or view all available comparisons.
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