ACADEMICIA: An International Multidisciplinary Research Journal
  • Year: 2024
  • Volume: 14
  • Issue: 11

Examining the revenue and expenditure trends of Maharashtra state: A budget overview

1Associate Professor, M.A., M.Phil., Ph.D., NET JRF, PGDCG, PGDFT H.O.D. Dept. of Economics, Smt. G.K.G. Kanya Mahavidyalaya Jaysingpur, Shivaji University, Kolhapur, India, Emai id: ravalsandeep9@gmail.com

Online published on 31 July, 2025.

Abstract

In 2022-23, Maharashtra state was the first state in the country in gross domestic product, and its income was 435 billion USD. The Maharashtra state government has launched many welfare schemes for the people, such as the LadkiBahinYojana, free bus travel for senior citizens, half-ticket ST travel for women, a farmers' loan waiver, and free education for girl students, and for this, the government's revenue expenditure has increased to a large extent. That is why in this research paper I have studied how the total receipts and total expenditure of the government, the total revenue receipts and total revenue expenditure of the government, and the total capital receipts and capital expenditure of the government have changed from 2014-15 to 2024-25. Also, this research paper has suggested what revenue and capital measures the Maharashtra state government needs to take to achieve its economic development in the future.

Keywords

Maharashtra, Receipts, Expenditure