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Punjab vs Maharashtra โ€” Budget Comparison 2015-16

Side-by-side comparison of government budget data for FY 2015-16

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Key Budget Metrics โ€” Punjab vs Maharashtra

Total Expenditure

Punjab

Rs 70,000 crore

Maharashtra

Rs 2.63 lakh crore

Punjab is -73.4% lower
Total Receipts

Punjab

Rs 52,800 crore

Maharashtra

Rs 2.17 lakh crore

Punjab is -75.6% lower
Capital Expenditure

Punjab

Rs 7,500 crore

Maharashtra

Rs 38,000 crore

Punjab is -80.3% lower
Tax Revenue

Punjab

Rs 26,500 crore

Maharashtra

Rs 1.41 lakh crore

Punjab is -81.2% lower
Fiscal Deficit (% GDP)

Punjab

5.2%

Maharashtra

2.1%

Punjab is +147.6% higher
Interest Payments

Punjab

Rs 13,000 crore

Maharashtra

Rs 28,500 crore

Punjab is -54.4% lower

Receipts & Expenditure Comparison โ€” 2015-16

ParticularsPunjabMaharashtraDifference
Total ReceiptsRs 52,800 croreRs 2.17 lakh crore-75.6%
Tax Revenue (Net)Rs 26,500 croreRs 1.41 lakh crore-81.2%
Non-Tax RevenueRs 6,300 croreRs 75,700 crore-91.7%
Total ExpenditureRs 70,000 croreRs 2.63 lakh crore-73.4%
Revenue ExpenditureRs 62,500 croreRs 2.25 lakh crore-72.2%
Capital ExpenditureRs 7,500 croreRs 38,000 crore-80.3%
Interest PaymentsRs 13,000 croreRs 28,500 crore-54.4%
Fiscal DeficitRs 17,200 croreRs 40,500 crore-57.5%
Fiscal Deficit (% of GDP)5.2%2.1%โ€”
Debt-to-GDP Ratio40.0%18.4%โ€”

Punjab โ€” Revenue Composition

Maharashtra โ€” Revenue Composition

Punjab vs Maharashtra Budget Analysis 2015-16

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 2015-16 analysis. You can also explore other budget comparisons across states and years.

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