State Budgets 2025-26: Key highlights from Telangana, Maharashtra, Bihar, Tamil Nadu and others

1 / 9The Telangana government presented a Budget of nearly ₹3.05 lakh crore for 2025-26. The Budget estimates revenue expenditure of Rs 2,26,982 crore and capital expenditure of ₹36,504 crore, said Deputy Chief Minister Mallu Bhatti Vikramarka who tabled the financial document in the state Assembly. The major allocations were for welfare schemes in the Budget.2 / 9Maharashtra Finance Minister Ajit Pawar tabled his 11th state budget in the legislative assembly. The government has pegged the fiscal deficit at ₹1,36,234 crore, and the total expenditure for 2025-26 is ₹7,00,020 crore. Revenue receipts were ₹5,60,963 crore, while revenue expenditure was ₹6,06,855 crore.3 / 9Karnataka Chief Minister and Finance Minister D Siddaramaiah presented the Budget of ₹4,08,647 crore for 2025-26. In his record 16th Budget, Siddarmaiah said the total revenue receipts are estimated at ₹2,92,477 crore and the Government of India receipts of ₹67,877 crore.4 / 9The DMK-led Tamil Nadu government presented ₹4.39 lakh crore Budget for 2025-26. In the last full-fledged Budget ahead of state polls next year, the DMK made big allocations for its flagship welfare schemes. The state’s overall debt burden is expected to rise to ₹9,29,959.3 crore, the Debt to GSDP ratio remains within the prescribed limits at 26.07%.5 / 9West Bengal Finance Minister Chandrima Bhattacharya presented a ₹3.89 lakh crore budget for 2025-26. It is the last full-fledged Budget of the Mamata Banerjee government ahead of the 2026 state elections. The state allocated a major chuck of ₹1,18,294.89 crore for gender-specific schemes in the 2025-26 budget.6 / 9Chief Minister Omar Abdullah presented the first Budget of the Union Territory of Jammu and Kashmir in the legislative Assembly. The Budget of ₹1.12 lakh crore was tabled for 2025-26.7 / 9The Madhya Pradesh government presented a ₹4.21 lakh crore budget for 2025-26 with no new taxes proposed, a 15% increase over the last fiscal.8 / 9The Nitish Kumar government in Bihar tabled a ₹3.17 lakh crore budget in the Assembly. This is the last Budget before the scheduled Assembly elections in November this year.9 / 9Jharkhand Finance Minister Radha Krishna Kishore presented the state’s ₹1.45 lakh crore budget for financial year 2025-2026. The estimated budget of the state’s own tax revenue in the financial year 2025-26 is ₹35,200 crore.

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