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Maharashtra Budget — 2022-23 vs 2025-26

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

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Budget Growth — 2022-23 vs 2025-26

Total Expenditure

2022-23

Rs 4.9 lakh crore

2025-26

Rs 7.56 lakh crore

2022-23 is -35.2% lower
Total Receipts

2022-23

Rs 3.95 lakh crore

2025-26

Rs 6.01 lakh crore

2022-23 is -34.3% lower
Capital Expenditure

2022-23

Rs 72,000 crore

2025-26

Rs 1.17 lakh crore

2022-23 is -38.7% lower
Tax Revenue

2022-23

Rs 2.58 lakh crore

2025-26

Rs 2.85 lakh crore

2022-23 is -9.5% lower
Fiscal Deficit (% GDP)

2022-23

2.3%

2025-26

3.0%

2022-23 is -23.3% lower
Interest Payments

2022-23

Rs 48,000 crore

2025-26

Rs 56,235 crore

2022-23 is -14.6% lower

Receipts & Expenditure — Year-over-Year Change

Particulars2022-232025-26Difference
Total ReceiptsRs 3.95 lakh croreRs 6.01 lakh crore-34.3%
Tax Revenue (Net)Rs 2.58 lakh croreRs 2.85 lakh crore-9.5%
Non-Tax RevenueRs 1.37 lakh croreRs 42,000 crore+226.2%
Total ExpenditureRs 4.9 lakh croreRs 7.56 lakh crore-35.2%
Revenue ExpenditureRs 4.18 lakh croreRs 6.1 lakh crore-31.4%
Capital ExpenditureRs 72,000 croreRs 1.17 lakh crore-38.7%
Interest PaymentsRs 48,000 croreRs 56,235 crore-14.6%
Fiscal DeficitRs 80,000 croreRs 1.52 lakh crore-47.2%
Fiscal Deficit (% of GDP)2.3%3.0%—
Debt-to-GDP Ratio19.7%15.8%—

Department Allocation Changes — 2022-23 vs 2025-26

Which departments gained or lost budget share between 2025-26 and 2022-23

Department2022-232025-26Difference
1. Education
Rs 0
Rs 76,000 crore
-100.0%
2. Urban Development
Rs 0
Rs 60,000 crore
-100.0%
3. Rural Development
Rs 0
Rs 50,000 crore
-100.0%
4. Health & Family Welfare
Rs 0
Rs 38,000 crore
-100.0%
5. Water Supply & Sanitation
Rs 0
Rs 34,000 crore
-100.0%
6. Agriculture & Allied
Rs 0
Rs 33,000 crore
-100.0%
7. Energy
Rs 0
Rs 30,000 crore
-100.0%
8. Transport & Roads
Rs 0
Rs 27,000 crore
-100.0%
9. Police & Home
Rs 0
Rs 25,000 crore
-100.0%
10. Social Justice
Rs 0
Rs 23,000 crore
-100.0%

How Has Maharashtra's Budget Changed from 2025-26 to 2022-23?

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 2022-23 budget analysis or view all available comparisons.

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