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Rajasthan vs Maharashtra — Budget Comparison 2022-23

Side-by-side comparison of government budget data for FY 2022-23

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Key Budget Metrics — Rajasthan vs Maharashtra

Total Expenditure

Rajasthan

Rs 2.92 lakh crore

Maharashtra

Rs 4.9 lakh crore

Rajasthan is -40.4% lower
Total Receipts

Rajasthan

Rs 2.32 lakh crore

Maharashtra

Rs 3.95 lakh crore

Rajasthan is -41.3% lower
Capital Expenditure

Rajasthan

Rs 42,000 crore

Maharashtra

Rs 72,000 crore

Rajasthan is -41.7% lower
Tax Revenue

Rajasthan

Rs 1.15 lakh crore

Maharashtra

Rs 2.58 lakh crore

Rajasthan is -55.4% lower
Fiscal Deficit (% GDP)

Rajasthan

4.2%

Maharashtra

2.3%

Rajasthan is +82.6% higher
Interest Payments

Rajasthan

Rs 34,000 crore

Maharashtra

Rs 48,000 crore

Rajasthan is -29.2% lower

Receipts & Expenditure Comparison — 2022-23

ParticularsRajasthanMaharashtraDifference
Total ReceiptsRs 2.32 lakh croreRs 3.95 lakh crore-41.3%
Tax Revenue (Net)Rs 1.15 lakh croreRs 2.58 lakh crore-55.4%
Non-Tax RevenueRs 1.17 lakh croreRs 1.37 lakh crore-14.6%
Total ExpenditureRs 2.92 lakh croreRs 4.9 lakh crore-40.4%
Revenue ExpenditureRs 2.5 lakh croreRs 4.18 lakh crore-40.2%
Capital ExpenditureRs 42,000 croreRs 72,000 crore-41.7%
Interest PaymentsRs 34,000 croreRs 48,000 crore-29.2%
Fiscal DeficitRs 55,000 croreRs 80,000 crore-31.3%
Fiscal Deficit (% of GDP)4.2%2.3%—
Debt-to-GDP Ratio33.8%19.7%—

Rajasthan — Revenue Composition

Maharashtra — Revenue Composition

Rajasthan vs Maharashtra Budget Analysis 2022-23

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 2022-23 analysis. You can also explore other budget comparisons across states and years.

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