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Punjab vs Maharashtra — Budget Comparison 2008-09

Side-by-side comparison of government budget data for FY 2008-09

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Key Budget Metrics — Punjab vs Maharashtra

Total Expenditure

Punjab

Rs 33,600 crore

Maharashtra

Rs 1.05 lakh crore

Punjab is -68.0% lower
Total Receipts

Punjab

Rs 20,100 crore

Maharashtra

Rs 82,000 crore

Punjab is -75.5% lower
Capital Expenditure

Punjab

Rs 3,800 crore

Maharashtra

Rs 18,000 crore

Punjab is -78.9% lower
Tax Revenue

Punjab

Rs 12,200 crore

Maharashtra

Rs 53,300 crore

Punjab is -77.1% lower
Fiscal Deficit (% GDP)

Punjab

4.1%

Maharashtra

3.1%

Punjab is +32.3% higher
Interest Payments

Punjab

Rs 8,600 crore

Maharashtra

Rs 13,500 crore

Punjab is -36.3% lower

Receipts & Expenditure Comparison — 2008-09

ParticularsPunjabMaharashtraDifference
Total ReceiptsRs 20,100 croreRs 82,000 crore-75.5%
Tax Revenue (Net)Rs 12,200 croreRs 53,300 crore-77.1%
Non-Tax RevenueRs 2,600 croreRs 12,300 crore-78.9%
Total ExpenditureRs 33,600 croreRs 1.05 lakh crore-68.0%
Revenue ExpenditureRs 29,800 croreRs 87,000 crore-65.7%
Capital ExpenditureRs 3,800 croreRs 18,000 crore-78.9%
Interest PaymentsRs 8,600 croreRs 13,500 crore-36.3%
Fiscal DeficitRs 6,400 croreRs 23,500 crore-72.8%
Fiscal Deficit (% of GDP)4.1%3.1%—
Debt-to-GDP Ratio40.8%19.7%—

Punjab — Revenue Composition

Maharashtra — Revenue Composition

Punjab vs Maharashtra Budget Analysis 2008-09

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 2008-09 analysis. You can also explore other budget comparisons across states and years.

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