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Tamil Nadu 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 — Tamil Nadu vs Maharashtra

Total Expenditure

Tamil Nadu

Rs 3.23 lakh crore

Maharashtra

Rs 4.9 lakh crore

Tamil Nadu is -34.1% lower
Total Receipts

Tamil Nadu

Rs 2.6 lakh crore

Maharashtra

Rs 3.95 lakh crore

Tamil Nadu is -34.2% lower
Capital Expenditure

Tamil Nadu

Rs 45,000 crore

Maharashtra

Rs 72,000 crore

Tamil Nadu is -37.5% lower
Tax Revenue

Tamil Nadu

Rs 1.7 lakh crore

Maharashtra

Rs 2.58 lakh crore

Tamil Nadu is -34.1% lower
Fiscal Deficit (% GDP)

Tamil Nadu

2.9%

Maharashtra

2.3%

Tamil Nadu is +26.1% higher
Interest Payments

Tamil Nadu

Rs 34,000 crore

Maharashtra

Rs 48,000 crore

Tamil Nadu is -29.2% lower

Receipts & Expenditure Comparison — 2022-23

ParticularsTamil NaduMaharashtraDifference
Total ReceiptsRs 2.6 lakh croreRs 3.95 lakh crore-34.2%
Tax Revenue (Net)Rs 1.7 lakh croreRs 2.58 lakh crore-34.1%
Non-Tax RevenueRs 90,000 croreRs 1.37 lakh crore-34.3%
Total ExpenditureRs 3.23 lakh croreRs 4.9 lakh crore-34.1%
Revenue ExpenditureRs 2.78 lakh croreRs 4.18 lakh crore-33.5%
Capital ExpenditureRs 45,000 croreRs 72,000 crore-37.5%
Interest PaymentsRs 34,000 croreRs 48,000 crore-29.2%
Fiscal DeficitRs 62,000 croreRs 80,000 crore-22.5%
Fiscal Deficit (% of GDP)2.9%2.3%—
Debt-to-GDP Ratio21.4%19.7%—

Tamil Nadu — Revenue Composition

Maharashtra — Revenue Composition

Tamil Nadu vs Maharashtra Budget Analysis 2022-23

Comparing the budgets of Tamil Nadu 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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