Maharashtra Budget — 2021-22 vs 2022-23
Year-over-year budget comparison showing how Maharashtra's fiscal priorities have changed
Budget Growth — 2021-22 vs 2022-23
2021-22
Rs 4.25 lakh crore
2022-23
Rs 4.9 lakh crore
2021-22
Rs 3.45 lakh crore
2022-23
Rs 3.95 lakh crore
2021-22
Rs 60,000 crore
2022-23
Rs 72,000 crore
2021-22
Rs 2.25 lakh crore
2022-23
Rs 2.58 lakh crore
2021-22
2.3%
2022-23
2.3%
2021-22
Rs 45,000 crore
2022-23
Rs 48,000 crore
Receipts & Expenditure — Year-over-Year Change
| Particulars | 2021-22 | 2022-23 | Difference |
|---|---|---|---|
| Total Receipts | Rs 3.45 lakh crore | Rs 3.95 lakh crore | -12.7% |
| Tax Revenue (Net) | Rs 2.25 lakh crore | Rs 2.58 lakh crore | -12.8% |
| Non-Tax Revenue | Rs 1.2 lakh crore | Rs 1.37 lakh crore | -12.4% |
| Total Expenditure | Rs 4.25 lakh crore | Rs 4.9 lakh crore | -13.3% |
| Revenue Expenditure | Rs 3.65 lakh crore | Rs 4.18 lakh crore | -12.7% |
| Capital Expenditure | Rs 60,000 crore | Rs 72,000 crore | -16.7% |
| Interest Payments | Rs 45,000 crore | Rs 48,000 crore | -6.3% |
| Fiscal Deficit | Rs 72,000 crore | Rs 80,000 crore | -10.0% |
| Fiscal Deficit (% of GDP) | 2.3% | 2.3% | — |
| Debt-to-GDP Ratio | 20.3% | 19.7% | — |
How Has Maharashtra's Budget Changed from 2022-23 to 2021-22?
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 2021-22 budget analysis or view all available comparisons.
Related Budget Comparisons
Compare More Budgets
Explore comparisons across states and years