The Maharashtra government’s economic blueprint for 2025-26 reveals a towering ₹3,12,556 crore allocation for salaries, pensions, and interest—more than 50% of the ₹6,06,855 crore revenue expenditure. Expected revenues stand at ₹5,60,964 crore, setting the stage for tight fiscal management.
Salaries head the list at ₹1,72,760 crore (28.5%), a jump from ₹1,46,037 crore (25.9%) in 2024-25. Pensions require ₹75,137 crore (12.4%), versus ₹60,038 crore (10.7%), and interest at ₹64,659 crore (10.7%) from ₹54,687 crore (9.7%). Non-salary grants are at ₹1,70,546 crore (28.1%), down from ₹1,78,094 crore (31.6%), with other costs at ₹65,225 crore (10.7%) up from ₹63,520 crore (11.3%).
Revenue expenditure swells to ₹6,06,855 crore from ₹5,62,999 crore. On a positive note, the survey spotlights Maharashtra’s investment allure: 31% FDI share nationally since late 2019, 15% export contribution in 2024-25, and ₹1,74,798 crore software exports by early 2026.
IT policy gains include ₹18,595 crore invested in 37 parks, yielding 2.7 lakh jobs. Startup dominance at 17%, MSME registrations at 63.85 lakh with 2.53 crore jobs. The freshly announced policy for industry, investment, and services eyes global trade leadership via innovation and rapid tech uptake, offering hope amid ballooning payroll pressures.