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Maharashtra Budget โ€” 2004-05 vs 2026-27

Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed

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Budget Growth โ€” 2004-05 vs 2026-27

Total Expenditure

2004-05

Rs 59,500 crore

2026-27

Rs 7.69 lakh crore

2004-05 is -92.3% lower
Total Receipts

2004-05

Rs 47,200 crore

2026-27

Rs 6.16 lakh crore

2004-05 is -92.3% lower
Capital Expenditure

2004-05

Rs 8,500 crore

2026-27

Rs 1.13 lakh crore

2004-05 is -92.5% lower
Tax Revenue

2004-05

Rs 30,680 crore

2026-27

Rs 4.15 lakh crore

2004-05 is -92.6% lower
Fiscal Deficit (% GDP)

2004-05

2.8%

2026-27

2.8%

2004-05 is 0.0% lower
Interest Payments

2004-05

Rs 8,800 crore

2026-27

Rs 70,055 crore

2004-05 is -87.4% lower

Receipts & Expenditure โ€” Year-over-Year Change

Particulars2004-052026-27Difference
Total ReceiptsRs 47,200 croreRs 6.16 lakh crore-92.3%
Tax Revenue (Net)Rs 30,680 croreRs 4.15 lakh crore-92.6%
Non-Tax RevenueRs 7,080 croreRs 36,128 crore-80.4%
Total ExpenditureRs 59,500 croreRs 7.69 lakh crore-92.3%
Revenue ExpenditureRs 51,000 croreRs 6.57 lakh crore-92.2%
Capital ExpenditureRs 8,500 croreRs 1.13 lakh crore-92.5%
Interest PaymentsRs 8,800 croreRs 70,055 crore-87.4%
Fiscal DeficitRs 12,000 croreRs 1.5 lakh crore-92.0%
Fiscal Deficit (% of GDP)2.8%2.8%โ€”
Debt-to-GDP Ratio25.4%20.4%โ€”

Department Allocation Changes โ€” 2004-05 vs 2026-27

Which departments gained or lost budget share between 2026-27 and 2004-05

Department2004-052026-27Difference
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 2004-05?

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 2004-05 budget analysis or view all available comparisons.

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