Rajasthan vs Maharashtra — Budget Comparison 2003-04
Side-by-side comparison of government budget data for FY 2003-04
Key Budget Metrics — Rajasthan vs Maharashtra
Rajasthan
Rs 24,500 crore
Maharashtra
Rs 53,000 crore
Rajasthan
Rs 16,000 crore
Maharashtra
Rs 40,500 crore
Rajasthan
Rs 4,000 crore
Maharashtra
Rs 7,100 crore
Rajasthan
Rs 8,000 crore
Maharashtra
Rs 26,325 crore
Rajasthan
5.0%
Maharashtra
3.4%
Rajasthan
Rs 4,000 crore
Maharashtra
Rs 7,900 crore
Receipts & Expenditure Comparison — 2003-04
| Particulars | Rajasthan | Maharashtra | Difference |
|---|---|---|---|
| Total Receipts | Rs 16,000 crore | Rs 40,500 crore | -60.5% |
| Tax Revenue (Net) | Rs 8,000 crore | Rs 26,325 crore | -69.6% |
| Non-Tax Revenue | Rs 2,560 crore | Rs 6,075 crore | -57.9% |
| Total Expenditure | Rs 24,500 crore | Rs 53,000 crore | -53.8% |
| Revenue Expenditure | Rs 20,500 crore | Rs 45,900 crore | -55.3% |
| Capital Expenditure | Rs 4,000 crore | Rs 7,100 crore | -43.7% |
| Interest Payments | Rs 4,000 crore | Rs 7,900 crore | -49.4% |
| Fiscal Deficit | Rs 6,500 crore | Rs 12,700 crore | -48.8% |
| Fiscal Deficit (% of GDP) | 5.0% | 3.4% | — |
| Debt-to-GDP Ratio | 40.4% | 26.6% | — |
Rajasthan — Revenue Composition
Maharashtra — Revenue Composition
Rajasthan vs Maharashtra Budget Analysis 2003-04
Comparing the budgets of Rajasthan 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 2003-04 analysis. You can also explore other budget comparisons across states and years.
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