Key Highlights
- Overall outlay set at roughly ₹6.11 lakh crore, with a fiscal deficit capped at 3.69 % of GSDP.
- Capital spending rises to ₹2.61 lakh crore, signalling a push for infrastructure and industrial growth.
- Significant allocations for education (₹68.99 lakh crore), health (₹32.53 lakh crore), agriculture (₹18.29 lakh crore) and rural development (₹33.60 lakh crore).
- New schemes targeting youth entrepreneurship, climate‑smart farming, mental health, women‑led enterprises and ultra‑luxury tourism.
- Budget aligns with the Vision 2047 agenda, aiming for per‑capita income above ₹2 lakh.
Detailed Insights
The fiscal plan, presented by Deputy Chief Minister and Finance Minister Divya Kumari, adheres to the Fiscal Responsibility and Budget Management (FRBM) framework while channeling resources toward the state’s long‑term Vision 2047 strategy. Revenue receipts total ₹3,25,74,013 lakh, marginally lower than expenditures, creating a modest revenue deficit of ₹24,31,393 lakh. However, disciplined borrowing limits the overall fiscal deficit to ₹79,49,252 lakh (≈3.69 % of GSDP), well within the statutory ceiling.
Capital receipts of ₹2,85,43,386 lakh fund a capital outlay of ₹2,60,90,222 lakh, reflecting a focused investment in physical assets. Market borrowings are restrained at ₹27,65,278 lakh, underscoring prudent debt management.
Sector‑wise, the budget earmarks ₹68.99 lakh crore for education, sports, art and culture, while health and family welfare receive ₹32.53 lakh crore. Agricultural and allied activities are allocated ₹18.29 lakh crore, and rural development commands ₹33.60 lakh crore. Industrial and mineral sectors are allotted ₹1.41 lakh crore.
Programmatic innovations include the VIBRANT initiative for college‑level mentorship and start‑up incubation, the Raj‑PAHAL scheme with a “School on Wheels” service for migrant children, and the DREAM programme benefitting 50,000 learners. A digital agriculture mission (Raj‑AIMS) leverages AI and satellite imagery, while a carbon‑credit pilot rewards climate‑friendly farming practices.
Health interventions feature the RAJ‑SURAKSHA emergency response system, expansion of JK Lon Hospital by 500 beds, and a new 200‑bed pediatric wing at RUHS. Mental health receives a dedicated centre of excellence under the Raj‑MAMTA programme.
Women’s economic empowerment is promoted through rural BPOs (₹100 crore) and enhanced credit limits under Mukhyamantri Lakhpati Didi Yojana (₹1.5 lakh) and Mukhyamantri Nari Shakti Udyam Protsahan Yojana (₹1 crore).
Tourism and infrastructure receive a boost via an ultra‑luxury zone at Khuri, the Thar Cultural Circuit, a new IT policy, a Rajasthan Cyber Crime Control Centre, a ₹32,000‑crore Yamuna water project in Shekhawati, and the ₹1,500‑crore PRITHWI wildlife conservation effort.
Finally, the establishment of the Rajasthan State Testing Agency (RSTA) aims to strengthen transparency in competitive examinations, reinforcing the Vision 2047 goal of a per‑capita income exceeding ₹2 lakh.