Maharashtra's Economic Survey Highlights Record Spending on Salaries and Pensions

Maharashtra's Economic Survey Highlights Record Spending on Salaries and Pensions.webp

Mumbai, March 6: Maharashtra's expenditure on salaries, pensions, and interest payments during 2025-26 will reach a record Rs 3,12,556 crore, which will be more than 50 per cent of the total revenue expenditure of Rs 6,06,855 crore.

Revenue receipts are estimated at Rs 5,60,964 crore, officials said on Thursday.

According to the Economic Survey for 2025-26, the Maharashtra government's spending on salaries is Rs 1,72,760 crore (28.5 per cent of total revenue expenditure) compared to Rs 1,46,037 crore (25.9 per cent) in 2024-25.

The state government will incur an expenditure of Rs 75,137 crore (12.4 per cent) on pensions compared to Rs 60,038 crore (10.7 per cent) in 2024-25.

On interest payments, the state government's expenditure will be Rs 64,659 crore (10.7 per cent) compared to Rs 54,687 crore (9.7 per cent) in 2024-25.

Furthermore, the state government will have to spend Rs 58,528 crore (9.6 per cent) compared to Rs 60,623 crore (10.8 per cent) in 2024-25.

The state government will spend Rs 1,70,546 crore (28.1 per cent) on grants in aid (non-salary) compared to Rs 1,78,094 crore (31.6 per cent) in 2024-25.

The state government's spending on other items will be Rs 65,225 crore (10.7 per cent) compared to Rs 63,520 crore (11.3 per cent) in 2024-25.

The Economic Survey has stated that the total revenue expenditure will be estimated at Rs 6,06,855 crore compared to Rs 5,62,999 crore in 2024-25.

Meanwhile, the Economic Survey added that from October 2019 to March 2025, the state has held the top position in FDI inflows in India with a 31 per cent share.

During 2024-25, exports from the state contributed 15 per cent to the total exports from India.

During the current year, up to January 2026, software exports in the state were Rs 1,74,798 crore.

Since the inception of the IT and ITeS Policy 2023, up to December 2025, there are 37 public IT parks with an investment of about Rs 18,595 crore and about 2.7 lakh employment.

As of February 10, 2026, the state has the highest share (17 per cent) in startups at the all-India level.

In the state, the total number of MSMEs registered on the Udyam registration portal up to December 2025 were 63.85 lakh (62.11 lakh micro, 1.55 lakh small and 0.18 lakh medium) with a total employment of 252.84 lakh.

The state government has also declared the Maharashtra Industries, Investment and Services Policy 2025 with a vision of establishing Maharashtra as a premier global business destination, aiming to attract substantial investment, foster innovation, and accelerate technology adoption.
 
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economic survey 2025-26 exports fdi inflows grants in aid interest payments it and ites policy 2023 maharashtra expenditure maharashtra industries investment and services policy 2025 msmes pensions revenue expenditure salaries software exports startups udyam registration portal
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