Maharashtra is set to spend a record Rs 3,12,556 crore in 2025-26 on salaries, pensions, and interest payments, exceeding 50% of its revenue expenditure of Rs 6,06,855 crore. The state’s revenue receipts are projected at Rs 5,60,964 crore for the same period.
In the upcoming fiscal year, the Maharashtra government plans to allocate Rs 1,72,760 crore (28.5% of total revenue expenditure) towards salaries, up from Rs 1,46,037 crore (25.9%) in the previous year. Additionally, pension payments are expected to rise to Rs 75,137 crore (12.4%) compared to Rs 60,038 crore (10.7%) in 2024-25.
Furthermore, the state’s expenditure on interest payments will amount to Rs 64,659 crore (10.7%), an increase from Rs 54,687 crore (9.7%) in the previous fiscal year. The government will also allocate Rs 58,528 crore (9.6%) for other expenses, down from Rs 60,623 crore (10.8%) in 2024-25.
The Economic Survey highlights that Maharashtra has maintained its leadership in Foreign Direct Investment (FDI) inflows in India, accounting for 31% from October 2019 to March 2025. The state’s exports contributed 15% to India’s total exports in 2024-25, with software exports reaching Rs 1,74,798 crore by January 2026.
