Punjab vs Maharashtra — Budget Comparison 2007-08
Side-by-side comparison of government budget data for FY 2007-08
Key Budget Metrics — Punjab vs Maharashtra
Punjab
Rs 29,700 crore
Maharashtra
Rs 93,000 crore
Punjab
Rs 18,200 crore
Maharashtra
Rs 76,000 crore
Punjab
Rs 3,200 crore
Maharashtra
Rs 17,500 crore
Punjab
Rs 10,800 crore
Maharashtra
Rs 49,400 crore
Punjab
3.6%
Maharashtra
1.9%
Punjab
Rs 7,800 crore
Maharashtra
Rs 12,500 crore
Receipts & Expenditure Comparison — 2007-08
| Particulars | Punjab | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 18,200 crore | Rs 76,000 crore | -76.1% |
| Tax Revenue (Net) | Rs 10,800 crore | Rs 49,400 crore | -78.1% |
| Non-Tax Revenue | Rs 2,400 crore | Rs 11,400 crore | -78.9% |
| Total Expenditure | Rs 29,700 crore | Rs 93,000 crore | -68.1% |
| Revenue Expenditure | Rs 26,500 crore | Rs 75,500 crore | -64.9% |
| Capital Expenditure | Rs 3,200 crore | Rs 17,500 crore | -81.7% |
| Interest Payments | Rs 7,800 crore | Rs 12,500 crore | -37.6% |
| Fiscal Deficit | Rs 5,000 crore | Rs 12,200 crore | -59.0% |
| Fiscal Deficit (% of GDP) | 3.6% | 1.9% | — |
| Debt-to-GDP Ratio | 41.5% | 20.3% | — |
Punjab — Revenue Composition
Maharashtra — Revenue Composition
Punjab vs Maharashtra Budget Analysis 2007-08
Comparing the budgets of Punjab and Maharashtra reveals how different states prioritize spending across sectors like education, health, infrastructure, and social welfare. State budgets are the primary instruments through which state governments allocate resources and implement welfare schemes.
Key differences in state budget structures emerge from revenue capacity (own tax revenue vs central transfers), expenditure priorities (capital investment vs revenue spending), and fiscal management (deficit levels and debt sustainability). Finance Commission recommendations determine how central tax revenue is shared with states.
For a broader view of how the central government allocates resources, see the India Union Budget 2007-08 analysis. You can also explore other budget comparisons across states and years.
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