In fiscal year 2023, the gross fiscal deficit across Maharashtra was about 895 billion Indian rupees. This was a considerable increase compared to fiscal year 2021, and points to Maharashtra's increase in budgetary spending with a lack of revenue.
Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023
(in billion Indian rupees)
*Revised estimate. **Budget estimate. India's financial year begins April 1st and ends March 31st. For example, FY 2016 started in April 2015 and ended in March 2016. One Indian rupee is equal to 0.012 U.S. dollars and 0.011 euros (as of February 2024).
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Reserve Bank of India. (September 15, 2023). Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023 (in billion Indian rupees) [Graph]. In Statista. Retrieved December 24, 2024, from https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/
Reserve Bank of India. "Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023 (in billion Indian rupees)." Chart. September 15, 2023. Statista. Accessed December 24, 2024. https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/
Reserve Bank of India. (2023). Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023 (in billion Indian rupees). Statista. Statista Inc.. Accessed: December 24, 2024. https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/
Reserve Bank of India. "Gross Fiscal Deficit across Maharashtra in India from Financial Year 2012 to 2021, with Estimates until 2023 (in Billion Indian Rupees)." Statista, Statista Inc., 15 Sep 2023, https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/
Reserve Bank of India, Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023 (in billion Indian rupees) Statista, https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/ (last visited December 24, 2024)
Gross fiscal deficit across Maharashtra in India from financial year 2012 to 2021, with estimates until 2023 (in billion Indian rupees) [Graph], Reserve Bank of India, September 15, 2023. [Online]. Available: https://www.statista.com/statistics/898401/india-gross-fiscal-deficit-maharashtra/