India, April 6 -- The revenue accumulated by the Maharashtra government at the end of the financial year 2024-25 is at least Rs.20,000 crore lower than the budget estimates announced last month.

Revenue generation from almost all the major sectors, including GST, excise, stamp duty, and vehicle tax, has taken a beating. This has added to the problems of the cash-strapped state government, which is struggling to manage its expenditures after launching several populist schemes ahead of the assembly elections last year.

The shortfall is almost 6% of the targeted revenue of Rs.5,36,463 crore as per the revised estimates announced on March 10, when state finance minister Ajit Pawar presented the budget.

According to the state finance depart...