GB
Beta

Punjab vs Maharashtra — Budget Comparison 2018-19

Side-by-side comparison of government budget data for FY 2018-19

PDF Export Coming Soon Pro

Key Budget Metrics — Punjab vs Maharashtra

Total Expenditure

Punjab

Rs 93,500 crore

Maharashtra

Rs 3.56 lakh crore

Punjab is -73.7% lower
Total Receipts

Punjab

Rs 69,200 crore

Maharashtra

Rs 2.9 lakh crore

Punjab is -76.1% lower
Capital Expenditure

Punjab

Rs 11,500 crore

Maharashtra

Rs 55,000 crore

Punjab is -79.1% lower
Tax Revenue

Punjab

Rs 35,800 crore

Maharashtra

Rs 1.9 lakh crore

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

Punjab

4.3%

Maharashtra

1.8%

Punjab is +138.9% higher
Interest Payments

Punjab

Rs 17,100 crore

Maharashtra

Rs 38,000 crore

Punjab is -55.0% lower

Receipts & Expenditure Comparison — 2018-19

ParticularsPunjabMaharashtraDifference
Total ReceiptsRs 69,200 croreRs 2.9 lakh crore-76.1%
Tax Revenue (Net)Rs 35,800 croreRs 1.9 lakh crore-81.2%
Non-Tax RevenueRs 8,400 croreRs 1 lakh crore-91.6%
Total ExpenditureRs 93,500 croreRs 3.56 lakh crore-73.7%
Revenue ExpenditureRs 82,000 croreRs 3 lakh crore-72.7%
Capital ExpenditureRs 11,500 croreRs 55,000 crore-79.1%
Interest PaymentsRs 17,100 croreRs 38,000 crore-55.0%
Fiscal DeficitRs 19,300 croreRs 52,000 crore-62.9%
Fiscal Deficit (% of GDP)4.3%1.8%—
Debt-to-GDP Ratio40.4%17.1%—

Punjab — Revenue Composition

Maharashtra — Revenue Composition

Punjab vs Maharashtra Budget Analysis 2018-19

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 2018-19 analysis. You can also explore other budget comparisons across states and years.

Related Budget Comparisons

Explore More Comparisons

Compare any two states, union territories, or India across 27 financial years