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Subject glossary

Economy

427 key terms for this subject — each defined in plain language, with where it helps in the exam and a link to the study note it comes from.

Academic Bank of Credits

NEP 2020 — stores academic credits; enables multiple entry-exit from college programmes

Where it helps NEP 2020 feature

Read the study note →
AIIB

Asian Infrastructure Investment Bank (2016) — 109 members; China 26.6%; India 8.52%

Where it helps China-led institution

Read the study note →
Annual Financial Statement

Constitutional name of the Union Budget under Art. 112

Where it helps Budget basics 2-mark

Read the study note →
AoA

Agreement on Agriculture — disciplines subsidies, market access; India's food security battle

Read the study note →
Appellate Body (AB)

WTO's 7-member appellate tribunal — dysfunctional (0/7 seats) since 2019

Where it helps AB crisis — key 2026 Q

Read the study note →
ARC

Asset Reconstruction Company — buys NPAs at discount; ARCIL is largest

Read the study note →
Article IV Consultation

IMF's annual economic health check for each member country

Where it helps IMF surveillance

Read the study note →
ASHA

Accredited Social Health Activist — 10.4 lakh community health workers under NHM

Read the study note →
Ayushman Bharat

World's largest government-funded health insurance scheme — ₹5 lakh/family, 55 crore beneficiaries

Where it helps Most likely PYQ 2026

Read the study note →
Basel Norms

International capital adequacy framework — Basel III requires 8% CRAR; India mandates 9%

Where it helps Banking regulation

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Bretton Woods

1944 conference that created IMF and World Bank; established post-WWII monetary order

Where it helps Historical context

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Capital Expenditure

Expenditure that creates assets — infrastructure, equity investments

Where it helps Capex multiplier

Read the study note →
Capital Receipts

Borrowings, disinvestment, loan recoveries; creates liability or reduces assets

Where it helps Receipts classification

Read the study note →
CBDC / Digital Rupee

Central Bank Digital Currency — RBI liability; sovereign digital money; pilot Nov 2022

Where it helps 2024-style questions

Read the study note →
Charged Expenditure

Expenditure not subject to Parliament's vote — President's salary, debt charges

Where it helps Budget procedure

Read the study note →
Common Framework

G20 framework for sovereign debt restructuring for low-income distressed countries

Where it helps Global debt crisis

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Consolidated Fund

All government revenues and expenditures — Art. 266; no withdrawal without Parliament

Where it helps Constitutional finance

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Contingency Fund

₹500 crore emergency fund — Art. 267; President's disposal; post-facto Parliament approval

Where it helps Constitutional finance

Read the study note →
Crowding Out

Government borrowing raising interest rates and reducing private investment

Where it helps Fiscal deficit impact

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CRR

% of deposits held as cash with RBI — currently 4%; earns no interest

Where it helps Monetary tools PYQ

Read the study note →
CUET

Common University Entrance Test — standardised entrance for central universities (from 2022)

Where it helps NEP implementation

Read the study note →
Disguised Unemployment

More workers than needed for a task — marginal productivity near zero; common in Indian agriculture

Where it helps Unemployment types

Read the study note →
Divisible Pool

Gross tax revenue minus cesses/surcharges — shared 41% with states

Where it helps Centre-State finance

Read the study note →
Doha Round

WTO multilateral trade negotiation launched 2001 Doha — stalled since 2008

Where it helps Trade negotiations

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DSB

Dispute Settlement Body — WTO's judicial arm; Panels + Appellate Body

Where it helps WTO adjudication

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EBLR

External Benchmark Lending Rate — repo-linked; mandatory for retail/MSME loans since 2019

Where it helps Monetary transmission

Read the study note →
Effective Revenue Deficit

Revenue deficit minus grants for capital asset creation

Where it helps Deficit refinement

Read the study note →
Escape Clause

Provision in FRBM allowing FD to exceed target by 0.5% during emergencies

Read the study note →
FEMA

Foreign Exchange Management Act 1999 — replaced FERA; RBI enforces

Where it helps Forex management

Read the study note →
Finance Commission

Constitutional body (Art. 280) recommending Centre-State revenue distribution

Read the study note →
Fiscal Consolidation

Process of reducing fiscal deficit over time — India from 9.2% (2020-21) to 4.4% (2025-26)

Read the study note →
Fiscal Deficit

Total expenditure minus non-borrowing receipts; the government's borrowing requirement

Where it helps Most tested concept

Read the study note →
Fiscal Multiplier

Ratio of GDP change to change in fiscal stimulus — capex multiplier 2.5–3x

Where it helps Capex justification

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FRBM Act

Fiscal Responsibility and Budget Management Act 2003 — mandates fiscal discipline

Where it helps Fiscal consolidation

Read the study note →
GATS

General Agreement on Trade in Services — 4 modes; Mode 4 = movement of persons

Where it helps India's IT exports

Read the study note →
GATT

General Agreement on Tariffs and Trade (1947) — WTO predecessor; 8 negotiating rounds

Read the study note →
GER

Gross Enrolment Ratio — enrolled students as % of age group; HE: 28.4% (2021-22)

Where it helps Education indicator

Read the study note →
GST Council

Art. 279A body — Centre + States; cooperative tax governance

Read the study note →
Horizontal Devolution

Distribution of states' share among individual states based on criteria

Read the study note →
IBC 2016

Insolvency and Bankruptcy Code — 180-day corporate insolvency resolution via NCLT

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IBRD

International Bank for Reconstruction and Development — World Bank's core lending arm

Where it helps WB Group structure

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IDA

International Development Association — World Bank's concessional arm for 74 poorest; India graduated 2014

Where it helps WB Group structure

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IFC

International Finance Corporation — private sector arm of World Bank Group

Where it helps WB private sector

Read the study note →
IMF

International Monetary Fund — 190 members; BoP support, surveillance, technical assistance

Where it helps Core institution

Read the study note →
IMR

Infant Mortality Rate — 27 per 1,000 live births (SRS 2022); target <12 by 2030

Where it helps Health indicator

Read the study note →
Inflation Targeting

Monetary policy framework targeting CPI at 4% ± 2% (since Aug 2016)

Read the study note →
Input Tax Credit (ITC)

Credit for GST paid on business inputs — eliminates cascading

Read the study note →
Jal Jeevan Mission

Piped water to rural households — 15.05 crore of 19.28 crore HH (78%, 2025)

Read the study note →
JAM Trinity

Jan Dhan + Aadhaar + Mobile — financial inclusion framework

Where it helps Social sector linkage

Read the study note →
MFN Principle

Most Favoured Nation — trade concession to one member must apply to all

Where it helps WTO core principle

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MGNREGS

Mahatma Gandhi NREGS — 100 days guaranteed rural employment; ₹86,000 crore budget

Where it helps Employment PYQ 2018/21

Read the study note →
MIGA

Multilateral Investment Guarantee Agency — political risk insurance for FDI

Read the study note →
MMR

Maternal Mortality Ratio — 97 per 1 lakh live births (SRS 2018-20); target <70 by 2030

Where it helps Health indicator

Read the study note →
MPC

6-member body (3 RBI + 3 external) deciding repo rate; meets 6x/year

Read the study note →
MPI

Multidimensional Poverty Index — 3 dimensions, 12 indicators; India 11.28% (2022-23)

Where it helps Poverty PYQ 2026

Read the study note →
MPIA

Multi-Party Interim Appeal Arbitration — 53 WTO members' AB alternative

Where it helps AB crisis solution

Read the study note →
Narasimham Committee

1991 and 1998 committees on financial reforms — basis of modern Indian banking regulation

Where it helps Historical reforms

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National Treatment

Foreign goods treated no less favourably than domestic goods once in market

Read the study note →
NCLT

National Company Law Tribunal — adjudicating authority under IBC

Read the study note →
NDB

New Development Bank (BRICS Bank, 2016) — 9 members; India $13B+ loans

Where it helps BRICS institution

Read the study note →
NEP 2020

National Education Policy 2020 — 5+3+3+4 structure; 50% HE GER target; mother-tongue instruction

Where it helps Key education reform

Read the study note →
NFSA 2013

National Food Security Act — 81.35 crore beneficiaries; 5 kg free grain/month (PMGKAY merged Jan 2024)

Read the study note →
NHM

National Health Mission — umbrella for NRHM + NUHM; community health through ASHAs

Read the study note →
NPA

Loan where principal/interest overdue >90 days — classified sub-standard, doubtful, loss

Read the study note →
OMO

Open Market Operations — RBI buys/sells G-Secs to manage liquidity

Where it helps Liquidity management

Read the study note →
ONORC

One Nation One Ration Card — PDS portability for migrant workers across India

Read the study note →
OOP Expenditure

Out-of-pocket health expenditure — 47% of India's total health spending; major poverty driver

Read the study note →
PCA Framework

Prompt Corrective Action — restricts weak banks on dividends/lending/branching

Where it helps Bank supervision

Read the study note →
Peace Clause

WTO protection for India's food security subsidies pending permanent MSP solution

Where it helps India key interest

Read the study note →
PLFS

Periodic Labour Force Survey (NSSO) — measures LFPR, WPR, Unemployment Rate quarterly (urban)

Where it helps Labour data source

Read the study note →
PM-KISAN

₹6,000/year direct transfer to 11 crore+ farmer families (3 installments)

Read the study note →
PMAY

PM Awas Yojana — affordable housing urban (1.18 crore sanctioned) + rural (2.55 crore built)

Read the study note →
PMEGP

PM Employment Generation Programme — credit-linked subsidy for micro enterprises; 64 lakh units

Where it helps Employment creation

Read the study note →
PMGKAY

PM Garib Kalyan Anna Yojana — free grain during COVID; merged with NFSA from January 2024

Read the study note →
PMJDY

PM Jan Dhan Yojana — 54 crore accounts; zero-balance; RuPay card

Where it helps Financial inclusion

Read the study note →
Primary Deficit

Fiscal deficit minus interest payments — measures current fiscal effort

Read the study note →
Priority Sector Lending

40% of ANBC must go to priority sectors — agriculture (18%), micro enterprises (7.5%)

Read the study note →
Repo Rate

Rate at which RBI lends overnight to banks against G-Sec collateral — policy's primary tool

Where it helps Core monetary policy

Read the study note →
Revenue Deficit

Revenue expenditure minus revenue receipts — measures current account imbalance

Read the study note →
Revenue Expenditure

Expenditure that creates no asset — salaries, interest, subsidies

Where it helps Expenditure PYQ 2021

Read the study note →
Revenue Receipts

Tax + non-tax income; creates no liability

Where it helps Receipts classification

Read the study note →
Reverse Repo / SDF

Rate at which banks park excess funds with RBI — SDF (5.75%) replaced reverse repo in Apr 2022

Where it helps Interest rate corridor

Read the study note →
SARFAESI Act

2002 — allows banks to auction secured assets without court; speeds NPA recovery

Read the study note →
Scale-Based Regulation

2021 RBI framework classifying NBFCs into Base/Middle/Upper/Top layers

Read the study note →
SDR

Special Drawing Right — IMF reserve asset; basket of 5 currencies; 2021 $650B allocation

Where it helps 5-mark PYQ topic

Read the study note →
SFB

Small Finance Bank — serves underbanked; 12 SFBs (AU, Equitas, Ujjivan etc.)

Where it helps Differentiated banking

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Sinking Fund

Government fund for debt repayment — Consolidated Sinking Fund

Read the study note →
SLR

% of deposits held in liquid assets (G-Secs) — currently 18%; earns interest

Read the study note →
Tendulkar Poverty Line

Consumption basket approach; ₹33.3/day urban, ₹27.2/day rural (2011-12)

Where it helps Poverty measurement

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TFA

Trade Facilitation Agreement — 2017; simplifies customs; reduces trade costs 14.3%

Read the study note →
TRIPS

Trade-Related Intellectual Property Rights — 20-year patent minimum; India's Section 3(d)

Read the study note →
Ujjwala Yojana

Free LPG connections to BPL women — 10.33 crore connections

Read the study note →
UPI

Unified Payments Interface — 17.4 billion transactions (March 2025); NPCI system

Where it helps Digital payments

Read the study note →
Vertical Devolution

Centre-to-States share allocation from divisible pool

Where it helps FC horizontal/vertical

Read the study note →
Ways and Means Advance

Short-term RBI credit to government for within-year cash flow mismatches

Read the study note →
WEO

World Economic Outlook — IMF semi-annual global growth publication

Read the study note →
WTO

World Trade Organization — 166-member body governing international trade rules since 1995

Where it helps Core institution

Read the study note →
10 Sankalps

Ten thematic priorities of Viksit Rajasthan 2047: renewable energy, agriculture, industry, tourism, etc.

Where it helps Organises Economic Review 2024-25 thematic chapters

Read the study note →
15th Finance Commission

Constitutional body (Chairman: N.K. Singh) determining Centre-state fiscal transfers 2021-26

Where it helps Rajasthan share: 5.979% of divisible pool

Read the study note →
2nd Administrative Reforms Commission

2005-2009 commission that identified 6 core attributes of good governance

Where it helps Transparency, accountability, participation, etc.

Read the study note →
5G

5th generation mobile network; launched India October 2022

Read the study note →
6th State Finance Commission (SFC)

Rajasthan's state body (Article 243-I) recommending devolution to PRIs and ULBs for 2020-25

Where it helps ₹621.07 crore transferred; 37,394 works (2024-25)

Read the study note →
73rd Constitutional Amendment

1992 amendment inserting Part IX and 11th Schedule granting constitutional status to PRIs

Where it helps Foundation of Panchayati Raj; 29 subjects, 3-tier structure

Read the study note →
ABHA (Ayushman Bharat Health Account)

Digital health ID for citizens to store medical records; 6.20 crore IDs generated in Rajasthan

Where it helps Rajasthan Digital Health Mission cornerstone

Read the study note →
Absolute Advantage

Produce more with same inputs than another country (Adam Smith)

Read the study note →
ADB (Asian Development Bank)

Manila-based multilateral bank; funds RUSDIP (Rajasthan Urban Sector Development Investment Programme)

Where it helps Urban infrastructure, road projects

Read the study note →
Advance Estimate (AE)

Preliminary estimate of GSDP released before financial year end for budget planning

Where it helps Source for 2024-25 data; published by DES, Rajasthan

Read the study note →
AIF (Agricultural Infrastructure Fund)

₹1 lakh crore fund for post-harvest infrastructure

Read the study note →
Amrit Station Scheme

Railway Ministry scheme for redevelopment of major stations; 85 Rajasthan stations (₹4,500 crore total)

Where it helps Jaipur Junction ₹500 crore+ upgradation

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Anganwadi

Village-level child and mother welfare centre under ICDS; provides nutrition, health, and early education

Where it helps 16.18 lakh children (3-6 yrs) covered

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Animal Husbandry

Rearing of livestock including cattle, buffalo, sheep, goat, camel, poultry

Where it helps Rajasthan: 10.60% national livestock; #1 wool, #2 milk

Read the study note →
Annapurna Rasoi

Subsidised meal scheme — 891 active kitchens; ₹8/thali for beneficiaries (₹22 govt subsidy)

Where it helps Food security initiative; rural and urban coverage

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Anuprati Coaching Scheme

Free coaching for SC/ST/OBC/EWS/Minority students for competitive exams; 30,000 annual seats

Where it helps Merit-cum-income shortlisting

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APEDA

Promotes agricultural exports

Read the study note →
APMC

State-regulated mandi system for agricultural marketing

Read the study note →
Article 243-I

Constitutional provision mandating State Finance Commission for PRIs (every 5 years)

Where it helps 73rd Amendment; basis for Rajasthan's SFC series

Read the study note →
Article 243-Y

Constitutional provision mandating State Finance Commission for Urban Local Bodies

Where it helps 74th Amendment; complements SFC's PRI role

Read the study note →
ASHA (Accredited Social Health Activist)

Community-level female health worker linking village households to public health system

Where it helps Key for IMR/MMR reduction, TB campaign

Read the study note →
Atmanirbhar Bharat

Self-reliant India; ₹20 lakh crore COVID-response package

Read the study note →
Ayushman Vay Vandana

Universal ₹5 lakh health cover for all Indians aged 70+; launched October 2024 by PM Modi

Where it helps 96.73 lakh cards issued by Dec 2025

Read the study note →
Bajra (Pearl Millet)

Drought-resistant coarse cereal; Rajasthan #1 national producer

Where it helps Symbol of Rajasthan's arid-zone agriculture

Read the study note →
Bamanwas Kankar

First fully organic-certified panchayat in Rajasthan and North-West India (January 2026)

Where it helps Alignment with PKVY and PM Pranam scheme

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Barmer-Sanchore Basin

Primary sedimentary basin in western Rajasthan producing crude oil and natural gas

Where it helps Block RJ-ON-90/1; Mangala, Bhagyam, Aishwarya fields

Read the study note →
Benami Transaction

Holding property in another's name to evade legal limits

Where it helps Banned 1988/2016

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Bhadla Solar Park

2,245 MW solar park in Jodhpur district; world's largest; built across 14,000 acres of Thar Desert

Where it helps PPA ₹2.44/kWh; RRECL-led

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Bhamashah Yojana

Predecessor to Jan Aadhaar (launched 2014); female-headed family ID with direct benefit transfers

Where it helps Jan Aadhaar improved upon it with CSS integration

Read the study note →
Bharatmala Pariyojana

₹5.35 lakh crore; 34,800 km NH development programme

Read the study note →
BharatNet

Optical fibre broadband to 2.5 lakh gram panchayats

Read the study note →
Bhilwara

India's "suiting capital" — 1 million+ spindles, 100,000+ power looms; major textile hub

Where it helps Rajasthan's largest synthetic textile cluster

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BoP (Balance of Payments)

Systematic record of all international economic transactions

Read the study note →
BOT (Build-Operate-Transfer)

PPP mode where private party builds and operates a project for a concession period, then transfers to government

Where it helps Common in Rajasthan toll roads

Read the study note →
CACP

Body recommending MSP; under Ministry of Agriculture

Read the study note →
CAD (Current Account Deficit)

Imports exceed exports in current account

Where it helps India: 0.7% GDP 2023–24

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Capability Approach

Amartya Sen's framework: development as expanding human freedoms

Read the study note →
Capital Account

BoP account for capital transfers and non-financial assets

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Capital Goods

Equipment used in production; India's heavy industry focus

Read the study note →
Capital Outlay

Government spending on asset creation (roads, buildings, equipment); productive investment

Where it helps Rajasthan: ₹26,646 crore, +34.6% (2023-24)

Read the study note →
Carbon Credit Trading Scheme

India's domestic carbon market mechanism

Read the study note →
Carbon Sink

Forest/ecosystem absorbing CO₂ from atmosphere

Read the study note →
CBDR

Common But Differentiated Responsibilities (climate justice principle)

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CCI

Competition Commission of India; prevents anti-competitive practices

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Central Transfers

Funds from Centre to states: devolution of divisible pool + grants-in-aid

Where it helps 15th FC: Rajasthan's share 5.979% of divisible pool

Read the study note →
Centre for SDGs Implementation

Rajasthan's dedicated SDG monitoring centre at DES, Yojana Bhawan, Jaipur (est. Sept 2017)

Where it helps State-level institutional mechanism for SDG tracking

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CEPA

Comprehensive Economic Partnership Agreement (FTA+)

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CGTMSE

Credit Guarantee Fund Trust for Micro and Small Enterprises — collateral-free credit up to ₹5 crore

Where it helps Reduces MSME credit access barriers in Rajasthan

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CM Kisan Samman Nidhi

Rajasthan state top-up of ₹3,000/yr to PM-KISAN beneficiaries

Where it helps Total ₹9,000/yr to farmers; ₹717.96 crore (Oct 2025)

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CM Krishak Mitra Yojana

Provides 3-phase agricultural electricity connections with 50% subsidy to groups of ≥11 farmers

Where it helps Launched 2023; reduces irrigation energy cost

Read the study note →
Committed Expenditure

Unavoidable revenue expenditure on salaries, pensions, and interest payments

Where it helps ~60% of Rajasthan's revenue expenditure; limits fiscal space

Read the study note →
Comparative Advantage

Specialise where opportunity cost is lowest (Ricardo 1817)

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Competition Amendment Act

Added settlement mechanism and deal-value threshold

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Consolidated Fund

All government revenues and borrowings — expenditures require legislative authorisation

Where it helps Article 266; basis of Rajasthan's budget appropriations

Read the study note →
Contingency Fund

Fund for unforeseen emergencies enabling executive spending pending legislature approval

Where it helps Article 267 (national); state equivalent for Rajasthan

Read the study note →
CPCB

National body setting pollution standards

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CSWRI Avikanagar

Central Sheep and Wool Research Institute; headquartered at Avikanagar, Tonk district

Where it helps Research hub for Rajasthan's #1 wool production

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Current Account

BoP account: goods, services, income, transfers

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DAY-NRLM

Deendayal Antyodaya Yojana — National Rural Livelihoods Mission for rural poverty reduction

Where it helps National framework; Rajivika is Rajasthan's implementation

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DBFOT

PPP concession model: private party designs, builds, finances, operates, then transfers; used for airports

Where it helps Jaipur T2 — Adani Airports DBFOT

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Delhi-Mumbai Industrial Corridor (DMIC)

Industrial corridor passing through 6 Rajasthan districts offering greenfield node development

Where it helps Alwar, Dausa, Kota, Chittorgarh, Sawai Madhopur, Bundi

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Developmental Expenditure

Expenditure on economic and social services that promote growth

Where it helps Rajasthan: ₹1,91,190 crore = 71% of total (2023-24)

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DFC (Dedicated Freight Corridor)

Separate high-speed freight railway; EDFC + WDFC

Where it helps Operational 2022

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DGFT

Implements FTP; issues export/import authorisations

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Digital Divide

Gap in access to digital technology between urban-rural, male-female, or rich-poor populations

Where it helps Rajasthan rural internet ~38% (TRAI 2024)

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Digital Health Mission

State initiative to digitise patient health records linked to ABHA IDs

Where it helps 6.20 crore ABHA IDs in Rajasthan

Read the study note →
Direct Benefit Transfer (DBT)

Scheme delivering government subsidies/benefits directly into beneficiary bank accounts

Where it helps Rajasthan: ₹3.14 lakh crore cumulative; 5.71 crore beneficiaries

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DISCOM

State electricity distribution company responsible for last-mile power delivery; in Rajasthan: AVVNL, JVVNL, JdVVNL

Where it helps Chronically loss-making; key policy issue

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Disinvestment

Reducing government equity stake in PSUs

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DMIC

1,483 km industrial corridor across 6 states

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DPDP Act 2023

Central legislation on digital personal data; requires consent, data principal rights, breach notification

Where it helps Compliance pending for Jan Aadhaar, E-Mitra

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DPIIT

Nodal dept for industry policy and FDI (formerly DIPP)

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E-Mitra

Rajasthan's single-window kiosk network; 55,000+ centres; 450+ government services

Where it helps All 50 districts covered

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e-NAM

Online trading platform integrating 1,361 mandis

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e-Shram Portal

MoLE's national database of unorganised workers seeded with Aadhaar for social security

Where it helps 1.43 crore unorganised workers registered in Rajasthan

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Eastern Rajasthan Canal Project (ERCP)

Modified Parbati-Kalisindh-Chambal project for water security in 17 eastern districts

Where it helps National Project (2023); 60:40 funding; 3.25 crore people

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ECB (External Commercial Borrowing)

Corporate overseas loans; part of financial account

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ECLGS

₹3 lakh crore guaranteed MSME loans during COVID

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Economic Review

Annual document published by DES, Rajasthan presenting state economic data

Where it helps 2024-25 edition reorganised into 10 Viksit Rajasthan chapters

Read the study note →
EHV Transmission Network

High-voltage grid (220 kV+) for bulk power transfer across long distances; Rajasthan: 44,638 ckt. km

Where it helps Critical for RE evacuation

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Eight Core Industries (ICI)

Coal, Oil, Gas, Refinery, Fertilizer, Steel, Cement, Electricity

Where it helps 40.27% IIP weight

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Environmental Degradation

Deterioration of environment through resource depletion/pollution

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Euro VI

Emission standard for vehicle fuels; ultra-low sulphur petrol and diesel

Where it helps Pachpadra Refinery will produce Euro VI compliant fuels

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Excise Revenue

State revenue from alcohol and intoxicants — major component of Rajasthan's OTR

Where it helps Second-largest own tax after SGST for Rajasthan

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EXIM Bank

India's trade finance bank; LOC provider

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Externally Aided Project (EAP)

Development project co-financed by international agencies (World Bank, ADB, JICA) at concessional rates

Where it helps 14 EAPs; ₹31,940 crore in Rajasthan

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FAME India Phase-II

EV adoption scheme; ₹10,000 crore

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FCI

Government agency for grain procurement and distribution

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FDI

Long-term investment with management control (≥10%)

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FDI (Foreign Direct Investment)

Investment by foreign entities in domestic companies/assets

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FEMA

Liberal forex management law replacing FERA

Read the study note →
FERA

Restrictive FDI/forex law; replaced by FEMA 2000

Read the study note →
Financial Account

FDI, FPI, ECBs, reserve assets

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Fiscal Deficit

Excess of total government expenditure over total receipts excluding borrowings

Where it helps Rajasthan: ₹65,580 crore = 4.31% of GSDP (2023-24)

Read the study note →
Fiscal Liabilities

Total outstanding debt of state government including internal debt and loans from Centre

Where it helps Rajasthan: ₹5,71,639 crore = 37.57% of GSDP (2023-24)

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Forest Rights Act 2006 (FRA)

Recognises individual and community forest rights of tribals and other forest dwellers

Where it helps Community rights in Rajasthan tribal districts

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Forex Reserves

RBI-held foreign currency, gold, SDRs

Where it helps $648B; April 2025

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FPI / FII

Short-term; stocks and bonds; no management control

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FPO

Farmer Producer Organisation for collective marketing

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FRBM Act (Rajasthan)

Rajasthan Fiscal Responsibility and Budget Management Act, 2005 — sets fiscal targets

Where it helps Fiscal deficit target: 3% of GSDP; debt ceiling: 35% of GSDP

Read the study note →
Front-Runner (SDG)

NITI Aayog category for states scoring 65-99 on SDG composite index

Where it helps Rajasthan achieved Front-Runner status (67) in 2023-24

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FTA (Free Trade Agreement)

Agreement reducing tariffs between countries

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Fund Distribution Ratio

Proportion of devolved funds shared among GP, PS, and ZP

Where it helps Rajasthan: 75:20:5 (GP:PS:ZP) under 6th SFC

Read the study note →
GDP (Gross Domestic Product)

Total value of goods/services produced within a country in a year

Where it helps National accounts

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Gems and Jewellery

Leading Rajasthan export category; Jaipur is India's leading gem cutting centre

Where it helps Key export sector; ₹83,704 crore total exports (2023-24)

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Gender Parity Index (GPI)

Ratio of female to male enrolment/literacy; < 1 indicates female disadvantage

Where it helps Rajasthan female literacy 52.1% vs. male 79.2%

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GFCF — Registered Manufacturing

Gross Fixed Capital Formation in large-scale manufacturing; measures industrial investment

Where it helps Rajasthan: ₹32,838 crore (2023-24)

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GII (Gender Inequality Index)

UNDP measure of gender-based inequality

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GNP (Gross National Product)

GDP + net factor income from abroad

Where it helps National accounts

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GOBAR-dhan

Galvanising Organic Bio-Agro Resources Dhan — biogas from cattle dung; 11 projects in Rajasthan

Where it helps Circular economy in rural waste management

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Good Governance

Governance characterised by transparency, accountability, participation, rule of law, responsiveness, and effectiveness (2nd ARC: 6 attributes)

Where it helps Core topic for T038

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GovTech

Application of technology (AI, data analytics, platforms) to improve government service delivery

Where it helps iStart GovTech cohort 2024 (15 startups)

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Gram Panchayat (GP)

Village-level elected local government — basic unit of Panchayati Raj

Where it helps Rajasthan: 11,194 GPs (2024-25)

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Green GDP

GDP adjusted for environmental resource depletion

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Green Hydrogen

Hydrogen produced by electrolysis of water using renewable electricity; zero-carbon fuel

Where it helps RE Policy 2024 target: 2,000 KTPA

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Green Revolution

Agricultural transformation using HYV, fertilizers, irrigation

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Gross District Domestic Product (GDDP)

District-level measure of economic output at current or constant prices

Where it helps Jaipur ₹2,12,335 crore highest; Alwar highest PCI ₹2,40,808

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Gross State Domestic Product (GSDP)

Total market value of all final goods and services produced within Rajasthan in a financial year

Where it helps Core economic indicator; Rajasthan ₹17.04 lakh crore (2024-25)

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Gross Value Added (GVA)

Output measure for sectors; GSDP = GVA + taxes on products − subsidies on products

Where it helps Sectoral split: Agriculture 26.92%, Industry 27.16%, Services 45.92%

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GSVA (Gross State Value Added) — Agriculture

Agriculture's share in Rajasthan's gross value added

Where it helps 26.92% in 2024-25; well above national ~17%

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Guar (Cluster Bean)

Industrial legume; guar gum exports for oil drilling globally

Where it helps Rajasthan #1 producer; export commodity

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HAM (Hybrid Annuity Model)

PPP road model where government pays 40% during construction and rest as annuity; reduces traffic risk for developer

Where it helps Delhi-Mumbai Expressway (Rajasthan section)

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HDI (Human Development Index)

Composite index of life expectancy, education, GNI per capita

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Hindu Rate of Growth

Term for India's low pre-1991 GDP growth of ~3.5%

Where it helps Coined by Raj Krishna

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Hot Money

Volatile short-term FPI capital that reverses quickly

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Human Development Index (HDI)

UNDP composite index of life expectancy, education, and per capita income

Where it helps Rajasthan: 0.629, rank 27th among Indian states

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HYV Seeds

High Yielding Variety seeds at the core of Green Revolution

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ICDS (Integrated Child Development Services)

Central scheme providing nutrition, pre-school education, and health check-ups via Anganwadi centres

Where it helps 62,020 Anganwadi centres in Rajasthan

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IFMS (Integrated Financial Management System)

Digital platform integrating state budgeting, accounting, treasury, and payments for real-time tracking

Where it helps Financial governance transparency

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IGNOAPS

Central BPL elderly pension: ₹200/month (60-79 yrs) and ₹500/month (80+ yrs)

Where it helps Supplemented by Rajasthan state pension

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IIP (Index of Industrial Production)

Monthly indicator of industrial output by NSO

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Inclusive Growth

Growth benefiting all sections, reducing inequality

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India Stack

Digital public infrastructure (Aadhaar, UPI, DigiLocker)

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Indira Gandhi Nahar Pariyojana (IGNP)

Major canal from Harike barrage serving the Thar Desert — 5,719 villages, 39 towns

Where it helps Largest irrigation project in Rajasthan

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Infant Mortality Rate (IMR)

Deaths of children under 1 year per 1,000 live births; key health development indicator

Where it helps Rajasthan IMR: 30.3 (NFHS-5), down from 41.3

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Installed Capacity

Total maximum power that all generators in a system can produce simultaneously, measured in MW/GW

Where it helps Rajasthan 26,325.19 MW (Dec 2024)

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IPCC

Scientific body assessing climate change evidence

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IPR 1956

Classified industries into A (PSU), B (mixed), C (private)

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iStart Rajasthan

State startup incubation programme; 5,500+ startups; DPIIT top-5 state 2023; GovTech cohort 2024

Where it helps Startup ecosystem support

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ITEC Programme

Indian Technical and Economic Cooperation (training)

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IWAI

Inland Waterways Authority; 105 national waterways

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Jan Aadhaar

Rajasthan's single-family identity and DBT platform; 7+ crore beneficiaries; 175+ schemes integrated

Where it helps ₹78,300+ crore transacted

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Jan Soochna Portal

Rajasthan's proactive disclosure portal for 280+ schemes, 117+ departments (launched 2019)

Where it helps Transparency and accountability in local governance

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Jansunwai

Rajasthan's 3-tier grievance redressal system (GP, Sub-Divisional, District level)

Where it helps 99.8% disposal rate (2024)

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JICA

Japan's bilateral aid agency; provides most concessional ODA loans at 0.01–0.5% interest

Where it helps Rural water supply projects in Rajasthan

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JJM (Jal Jeevan Mission)

Central mission providing tap water connections to rural households; extended to December 2028

Where it helps Rajasthan: 59.61 lakh rural tap connections; fluoride mitigation

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JNPT

Largest container port; Navi Mumbai

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KCC (Kisan Credit Card)

Revolving crop loan at 4% interest

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KGBV (Kasturba Gandhi Balika Vidyalaya)

Residential schools for girls from SC/ST/OBC/minority communities at upper primary level

Where it helps 342 KGBVs; 43,543 girl students in Rajasthan

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Kharif Season

Monsoon crop season (June-September); bajra, jowar, groundnut, soybean

Where it helps Major agricultural season for rain-fed Rajasthan

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Krishak Saathi Yojana

State scheme providing ₹5,000–₹2 lakh accident insurance cover to farmers

Where it helps Social protection for farming community

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Lado Protsahan Yojana

₹1,50,000 in 7 instalments (birth to graduation) for EWS girls; launched 1 August 2024

Where it helps ₹70,000 at age 21 as graduation bonus

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Land Ceiling

Maximum land any individual/family can hold

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Last-mile Service Delivery

Providing government services to the most remote and marginalised citizens through physical and digital channels

Where it helps E-Mitra's core purpose

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Licence Raj

System requiring multiple government licences for industry (pre-1991)

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LiFE Mission

India's pro-planet sustainable consumption initiative

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Literacy Rate

% of population (aged 7+) able to read and write with understanding in any language

Where it helps Rajasthan 66.1% (Census 2011); gender gap 27.1 pts

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Livestock GVA

Gross value added from animal husbandry, dairy, and fisheries

Where it helps Rajasthan ₹1.98 lakh crore (2024-25); exceeds crop GVA

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LOC (Line of Credit)

Concessional government-to-government loans for projects

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LPG Reforms

1991 economic reforms: Liberalisation, Privatisation, Globalisation

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LPI

World Bank Logistics Performance Index; India rank 38

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MAAY (Mukhyamantri Ayushman Arogya Yojana)

Rajasthan's flagship cashless health insurance — ₹25 lakh/family/year; formerly Chiranjeevi

Where it helps 1.33 crore families; ₹1,675 crore spent 2024-25

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Mahindra World City

Rajasthan's first Special Economic Zone at Jaipur (3,000+ acres); IT, auto components, apparel

Where it helps Model integrated township for industrial development

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Make in India

Policy to boost manufacturing to 25% of GDP

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Managed Float

Exchange rate set by market; RBI intervenes selectively

Where it helps India's current regime

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Maternal Mortality Ratio (MMR)

Deaths of mothers per 1,00,000 live births during or after childbirth

Where it helps Rajasthan: 141 (SRS 2017-19) → 113 (2018-20)

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MGNREGS

Mahatma Gandhi National Rural Employment Guarantee Scheme — guarantees 100 days unskilled work

Where it helps Rajasthan: ₹7,676.98 crore, 53.28 lakh households (2024-25)

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MGNREGS (Rural Employment)

100 days guaranteed rural employment per household; 55%+ women beneficiaries in Rajasthan

Where it helps 53.28 lakh households covered 2024-25

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Micro-irrigation (PMKSY)

Drip and sprinkler irrigation reducing water use vs. flood irrigation

Where it helps 2024-25: 91,196 ha; ₹123.79 crore in Rajasthan

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MMSCM/day

Million Metric Standard Cubic Metres per day — measure of natural gas production

Where it helps Rajasthan natural gas: 3.50-3.70 MMSCM/day (Barmer + Jaisalmer)

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MMTPA

Million Metric Tonnes Per Annum — measure for oil and refinery throughput

Where it helps Rajasthan crude: 4.39 MMTPA; Pachpadra: 9 MMTPA

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Model Career Centre (MCC)

IT-enabled employment exchange providing career counselling, job matching, skill gap analysis

Where it helps 16 MCCs across Rajasthan districts

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MPI (Multidimensional Poverty Index)

UNDP-OPHI measure of poverty across 10 indicators

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MRTP Act

Anti-monopoly law; replaced by Competition Act 2002

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MSME

Micro, Small and Medium Enterprises; defined by investment+turnover

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MSME Policy 2024

Rajasthan policy aligned with MSME Amendment Act 2020; cluster development, CGTMSE, PM Vishwakarma

Where it helps Key enabler for artisan and traditional industry growth

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MSP (Minimum Support Price)

Government floor price for 23 crops to protect farmers

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Mukhyamantri Jal Swavlamban Abhiyan

State water conservation programme benefiting 4,200+ villages through check dams, ponds

Where it helps Rajasthan-specific water harvesting scheme

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Mukhyamantri Kanyadan Yojana

Marriage assistance scheme for BPL/SC/ST girl marriages; cash support for wedding expenses

Where it helps Part of Rajasthan women welfare basket

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Mukhyamantri Nishulk Nirogi Rajasthan

Free OPD medicines and diagnostics scheme; 14.93 crore beneficiaries (up to Dec 2024)

Where it helps ₹1,221.76 crore expenditure

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Mukhyamantri Rajshri Yojana

₹50,000 girl child support in 6 instalments from birth to Class 12; combats female foeticide and dropout

Where it helps Universal for govt-hospital-born girls

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Mukhyamantri Vriddhjan Samman Pension

Rajasthan state pension of ₹1,000/month for all elderly aged 75+ regardless of income

Where it helps Not income-restricted — universal 75+

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Mukhyamantri Yuva Swarojgar Yojana

100% interest-subsidy self-employment scheme (launched Jan 12, 2026); targets 1 lakh entrepreneurs

Where it helps Loan slabs ₹3.5L–₹10L by education level

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Multidimensional Poverty Index (MPI)

Composite index measuring deprivation across health, education, and living standards

Where it helps Rajasthan: 28.86% (NFHS-4) → 15.31% (NFHS-5); 47% reduction

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Mustard

Oilseed; Rajasthan #1 national producer; key rabi crop

Where it helps Key cash crop; price support under PM-AASHA

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NABARD

Apex institution for agricultural/rural finance

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NAPCC

India's 8-mission climate policy framework

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National Green Hydrogen Mission

5 MMTPA green hydrogen by 2030; ₹19,744 crore

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National Highway (NH)

Roads of national importance connecting states, maintained by NHAI/MoRTH; Rajasthan has 10,790 km

Where it helps 47 NHs pass through Rajasthan

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National Indicator Framework (NIF)

MoSPI framework with 290 indicators for national SDG monitoring

Where it helps Basis for SDGs India Index; state SIFs aligned to NIF

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National Logistics Policy

Reduce logistics cost 13%→8% GDP; LPI top 25

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NCDC (National Cooperative Development Corporation)

Union Cabinet approved ₹2,000 crore grant (2025-29) benefiting 13,288 PACS with 2.9 crore members

Where it helps Rural cooperative credit improvement

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NDC (Nationally Determined Contribution)

Country's voluntary climate action pledge under Paris Agreement

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Neemrana Japanese Investment Zone

Special industrial zone in Alwar developed by RIICO hosting 50+ Japanese companies

Where it helps Honda, Daikin, Toyoda Gosei; DMIC integration

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NEP 2020 (National Education Policy)

India's comprehensive education reform replacing 10+2 structure with 5+3+3+4 curricular stages

Where it helps Praveshotsav 2026 aligned Class 1 age to 5 years

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Net-zero

State where GHG emissions = removals from atmosphere

Where it helps India target: 2070

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NFSA (National Food Security Act)

Legal entitlement to subsidised food for 81.35 crore

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NGT

Specialised court for environmental disputes

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NHDP (National Highway Development Project)

NHAI's phased programme for four/six-laning NHs; ₹15,920 crore invested for 845.32 km in Rajasthan

Where it helps Key NH upgradation programme

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NHM (National Health Mission)

Umbrella central scheme covering NRHM and NUHM; funds PHCs, CHCs, ASHA workers

Where it helps Critical for rural healthcare delivery in Rajasthan

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NIIF

India's sovereign wealth fund for infrastructure

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NMP

₹6 lakh crore infrastructure monetisation plan 2021–25

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Nominal GSDP

GSDP measured at current market prices, without adjusting for inflation

Where it helps Rajasthan: 12.02% nominal growth in 2024-25

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Non-Tax Revenue

Government receipts not from taxes: mining royalties, fees, IGNP water charges, dividends

Where it helps Rajasthan earns significantly from mining royalties

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OBC (Other Backward Classes)

Socially and educationally backward classes identified by state lists; Article 16(4) reservations

Where it helps 27% OBC reservation in Rajasthan jobs

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ODA (Official Development Assistance)

Concessional loans and grants from governments/multilateral bodies to developing nations for development

Where it helps JICA ODA 0.01–0.5%; 25-40 yr tenure

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ODF Plus

Open Defecation Free Plus status indicating sustained sanitation with solid/liquid waste management

Where it helps 32,793 Rajasthan villages declared ODF Plus

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Over-exploited Groundwater Block

Block where annual extraction exceeds annual recharge (>100% extraction)

Where it helps 80%+ Rajasthan blocks over-exploited; crisis indicator

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Own Tax Revenue (OTR)

State-collected taxes: SGST, stamps, excise, vehicle tax, entertainment tax

Where it helps Rajasthan: ₹94,086 crore; SGST grew 12.50% (2023-24)

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Pachpadra Refinery (HRRL)

9 MMTPA refinery at Barmer; HPCL 74% + GoR 26%; processes Barmer crude into Euro VI products

Where it helps 84% complete; ₹71,509 crore total; transforms state industry

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Palanhar Yojana

Rajasthan's family-based child welfare scheme; orphans get ₹1,500/month (0-5 yrs) & ₹2,500/month (6-18 yrs); other eligible categories get ₹750/month (0-6 yrs) & ₹1,500/month (6-18 yrs)

Where it helps Rajasthan's flagship child scheme

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Pali

Rajasthan's largest textile processing hub — 3,000+ dyeing and printing units

Where it helps Major textile export zone; water pollution challenge

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Panchayat Samiti (PS)

Intermediate (block) tier of Panchayati Raj, linking GPs and Zila Parishad

Where it helps Rajasthan: 365 Panchayat Samitis

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Paris Agreement

International climate treaty limiting warming to 1.5/2°C

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Per Capita Income (PCI)

GSDP divided by mid-year population; measures average income per person

Where it helps Rajasthan ₹1,85,053 vs national ₹2,00,162 (2024-25)

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Performer (SDG)

NITI Aayog category for states scoring 50-64 on SDG composite index

Where it helps Rajasthan's previous status (score 60 in 2020-21)

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PESA Act 1996

Panchayats (Extension to Scheduled Areas) Act; grants gram sabha powers over natural resources in tribal (5th Schedule) areas

Where it helps Rajasthan tribal self-governance

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Petroleum Potential Area

Area with geological conditions suitable for oil/gas exploration

Where it helps Rajasthan: 1,50,000 sq km across 4 basins

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PLFS (Periodic Labour Force Survey)

NSO annual survey measuring employment, unemployment, and labour force participation rates

Where it helps Rajasthan unemployment 4.7% (PLFS 2023-24)

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PLI Food Processing

Production Linked Incentive for food manufacturers

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PLI Scheme

Incentive on incremental manufacturing sales; 14 sectors

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PM Gati Shakti

Digital platform integrating 16 ministries for infrastructure

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PM GATI-SHAKTI

National Master Plan for multi-modal connectivity integrating road, rail, port, and logistics

Where it helps ICD Salawas (Jodhpur) expanded; reduces MSME export costs

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PM Surya Ghar

Rooftop solar scheme; 1 crore homes; 300 units free

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PM-KISAN

₹6,000/year income support to farmer families

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PM-KUSUM

Solar pumps for 35 lakh farmers; 30.8 GW target

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PM-VBRY

₹99,446 crore employment-linked incentive scheme for formalisation of 3.5 crore jobs

Where it helps Rajasthan's 1.43 crore unorganised workers in scope

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PMAY-G

Pradhan Mantri Awas Yojana — Gramin; provides ₹1.20-1.30 lakh per house for rural homeless

Where it helps Rural housing scheme; key rural development tool

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PMDDKY

Pradhan Mantri Dhan Dhaanya Krishi Yojana — ₹24,000 crore/yr integrating 36 schemes for 100 low-productivity districts

Where it helps Launched October 2025; Rajasthan arid districts included

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PMFBY

Crop insurance scheme with low farmer premium

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PMGSY (Pradhan Mantri Gram Sadak Yojana)

Central scheme for all-weather rural road connectivity; PMGSY-III upgraded 8,249 km in Rajasthan

Where it helps Rural connectivity benchmark

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PMKSY (Kisan Sampada)

Food processing infrastructure umbrella scheme

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POSHAN Abhiyaan

National nutrition mission targeting child stunting and malnutrition

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Power Purchase Agreement (PPA)

Long-term contract between a power generator and buyer (DISCOM) fixing price and quantity of electricity

Where it helps Bhadla PPA ₹2.44/kWh

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PPP

Public-Private Partnership model for infrastructure

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Proactive Disclosure

Voluntary publication of government information without waiting for citizen RTI requests (Section 4, RTI Act)

Where it helps Jan Soochna Portal's core principle

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Production Sharing Contract (PSC)

Contract between government and oil company specifying royalty, profit sharing, and cost recovery

Where it helps Rajasthan crude royalty: 20% under PSC terms

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Public-Private Partnership (PPP)

Contractual collaboration between government and private entities for financing, building, and operating public assets

Where it helps 198 completed PPP projects in Rajasthan

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PVTG (Particularly Vulnerable Tribal Groups)

Pre-agricultural tribal groups with declining/stagnant population; special food/livelihood support

Where it helps Saharia, Khairwa, Kathodi in Rajasthan

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Rabi Season

Winter crop season (October-March); wheat, mustard, gram, cumin

Where it helps Major output season; mustard #1 nationally

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Raj-Kaj

Rajasthan's e-Office platform for paperless file management; 28.8 lakh+ files, 77 departments

Where it helps 9.8 lakh registered users

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Rajasthan Export Promotion Policy 2024

Policy targeting ₹1 lakh crore exports by 2027-28 (from ₹83,704 crore in 2023-24)

Where it helps Gems, textiles, handicrafts, agri-processed as key sectors

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Rajasthan Guaranteed Delivery of Public Services Act 2011

Mandates time-bound delivery of notified government services with penalties for delays

Where it helps Administrative governance reform

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Rajasthan IT Policy 2024

Replaces 2015 policy; targets ₹1 lakh crore IT investment and 5 lakh jobs by 2030

Where it helps November 2024; tier-2 city focus

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Rajasthan Millets Promotion Mission

State initiative (₹40 crore/yr) to promote bajra, jowar as export and nutrition crops

Where it helps "Millet Bowl of India" brand; Agriculture 2.0 framework

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Rajasthan Sampark

Centralised citizen grievance helpline (181); integrated with Jansunwai mechanism

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Rajivika

Rajasthan Rural Livelihood Mission under DAY-NRLM — SHG formation for women

Where it helps 48.64 lakh rural families in SHGs

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RAM Jal Setu Link Project

Rajasthan's flagship water connectivity project covering 17 districts, 3 crore people, 4 lakh ha irrigation

Where it helps Addresses SDG 6 and SDG 2; Viksit Rajasthan flagship

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RBSE

Rajasthan Board of Secondary Education — conducts Classes 10 and 12 examinations

Where it helps Class 12: 96.30% pass rate (2026)

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RCDF (Rajasthan Cooperative Dairy Federation)

State dairy cooperative operating under Saras brand for milk procurement and marketing

Where it helps Rajasthan: #2 milk producer (14.44% national)

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RCEP

Asia-Pacific trade bloc; India exited 2019

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Real GSDP

GSDP measured at constant (2011-12) prices, reflecting actual volume growth

Where it helps Rajasthan: 7.82% real growth vs national 6.4% (2024-25)

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Renewable Energy

Energy from naturally replenishing sources — solar, wind, biomass, small hydro — that do not deplete

Where it helps Rajasthan Integrated Clean Energy Policy 2024: 115 GW target by 2029-30

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Revenue Deficit

Excess of revenue expenditure over revenue receipts; funds consumed, not assets created

Where it helps Rajasthan: ₹38,955 crore (2023-24)

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Revenue Receipts

Tax + non-tax receipts that do not create liability; recurring income of government

Where it helps Rajasthan: ₹2,03,276 crore (2023-24)

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Revenue-Expenditure Ratio

Proportion of expenditure covered by revenue receipts (higher = better fiscal health)

Where it helps Rajasthan: 75.49% in 2023-24

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RGAVP (Rajasthan Grameen Ajeevika Vikas Parishad)

State rural livelihoods mission implementing SHG-bank linkage, skill training for rural women

Where it helps Women SHG ecosystem

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RGHS (Rajasthan Government Health Scheme)

Health coverage for state employees, pensioners, MLAs — 13.65 lakh families

Where it helps ₹2,370.82 crore, 130.72 lakh claims

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RIDF

NABARD fund for state-level rural infrastructure projects

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Right to Hearing Act

Rajasthan 2012 law giving citizens right to hearing on government applications (first in India)

Where it helps Rajasthan's transparency innovation; RPSC favourite

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Right to Hearing Act 2012

India's first law mandating public authority hearing of citizen grievances within fixed timelines

Where it helps Rajasthan's pioneering governance law

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RIICO

Rajasthan Industrial Infrastructure Corporation — develops and manages industrial areas statewide

Where it helps 424 industrial areas; 44,560+ production units (2024-25)

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RIPS 2024

Rajasthan Investment Promotion Scheme 2024 — provides fiscal incentives to new industrial investments

Where it helps Investment subsidy, SGST reimbursement, employment grants

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Rising Rajasthan Summit

Global investment summit (December 2024) generating ₹35 lakh crore MoUs from 5,000+ delegates

Where it helps Anchors Viksit Rajasthan $350 billion target

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Road Density

Total road length per 100 sq. km of geographic area; measures infrastructure coverage

Where it helps Rajasthan: 92.66 km/100 sq. km

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RODTEP

Refund of embedded taxes on exports

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RPWD Act 2016

Rights of Persons with Disabilities; mandates 4% reservation in govt jobs; 21 disability categories

Where it helps Audit 2024-25 shows poor compliance in states

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RRECL

Rajasthan Renewable Energy Corporation Ltd.; implements solar/wind parks and renewable policy

Where it helps Developed Bhadla Solar Park

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RSLDC

Rajasthan Skill and Livelihood Development Corporation; implements skill training programmes

Where it helps 8.65 lakh trained 2024-25; 1,111 partner agencies

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RTI Act 2005

Central law enabling citizens to request information from public authorities; Section 4 requires proactive disclosure

Where it helps Foundation for Jan Soochna Portal

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RUSDIP

ADB-funded urban infrastructure programme covering 14 towns; includes 24×7 water pilot at Kishangarh

Where it helps Flagship EAP for urban water

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RWSLIP (JICA)

Rajasthan Water Sector Livelihood Improvement Project — rehabilitates 137 irrigation projects

Where it helps JICA-funded; 4.70 lakh ha CCA; ₹2,294.30 crore

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Sagarmala

Port-led development programme; 802 projects

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Samagra Shiksha Abhiyan

Central programme integrating SSA, RMSA, and TE to provide holistic school education (Classes 1-12)

Where it helps Key implementation vehicle for NEP 2020

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Saubhagya

Household electrification scheme; 100% achieved

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SBM-G Phase II

Swachh Bharat Mission — Gramin Phase II targeting ODF Plus (solid waste, grey water management)

Where it helps Rajasthan: 32,793 ODF Plus villages declared

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SC (Scheduled Castes)

Constitutionally specified castes entitled to protective discrimination and welfare; Articles 15, 16, 341

Where it helps 17.8% of Rajasthan population

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Schedule 11

Lists 29 subjects that may be devolved to Panchayati Raj Institutions under 73rd Amendment

Where it helps Constitutional basis for PRIs' functional authority

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Schematic Expenditure

Expenditure under specific government schemes with allocated budgets

Where it helps Rajasthan: ₹1,56,867 crore (+10.27%) in 2023-24

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SDG 10

Reduced Inequalities — reducing inequality within and among countries

Where it helps Rajasthan scored 49; weakest SDG; district disparities

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SDG 7

Affordable and Clean Energy — ensuring access to reliable, sustainable, modern energy

Where it helps Rajasthan scored perfect 100; solar energy leadership

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SDGs

17 goals adopted by UN member states (Agenda 2030)

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SDGs India Index

NITI Aayog index measuring state/UT progress on SDGs; 4th edition (2023-24) on 113 indicators

Where it helps Rajasthan moved from Performer (60) to Front-Runner (67)

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Service Sector

Economic sector producing intangible goods (banking, IT, trade)

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SEZ

Zone with tax/customs benefits for export manufacturing

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SEZ (Special Economic Zone)

Designated zone with simplified regulations and tax incentives for export-oriented production

Where it helps Mahindra World City, Jaipur — Rajasthan's first SEZ

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SHG (Self-Help Group)

Group of 10-20 women members pooling savings for micro-credit and collective enterprise

Where it helps Backbone of rural women economic empowerment

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Small and Marginal Farmers Pension

Monthly pension of ₹1,150 to 2,09,530 small/marginal farmers in Rajasthan

Where it helps Social protection; ₹246.64 crore expenditure

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Smart Cities Mission

Central mission for technology-driven urban development; 4 Rajasthan cities (Jaipur, Udaipur, Kota, Ajmer)

Where it helps ₹3,740.30 crore spent up to Dec 2024

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Soil Health Card

Free soil testing and fertiliser recommendation card

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SPFM Project

World Bank's Strengthening Public Financial Management project (US$31 million) for Rajasthan

Where it helps Fiscal reform tool; improves accounting, audit, budget systems

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ST (Scheduled Tribes)

Constitutionally specified tribal communities; Articles 15, 16, 342; PESA and FRA protections

Where it helps 13.5% of Rajasthan population

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Stamps and Registration

Revenue from property transactions; grew 12.12% in 2023-24

Where it helps Real estate activity indicator; key revenue source

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Stand Up India

Scheme providing ₹10 lakh–₹1 crore bank loans to SC/ST and women entrepreneurs

Where it helps Rajasthan: ₹587.16 crore, 2,675 units

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State Budget

Annual financial statement of Rajasthan government showing estimated receipts and expenditures (Article 202)

Where it helps Rajasthan Budget 2025-26: ₹2,09,633.99 crore

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State Finance Commission (SFC)

State-level body (Article 243-I) recommending devolution to PRIs and ULBs

Where it helps 6th SFC: 2020-25; ₹621.07 crore transferred in 2024-25

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State Goods and Services Tax (SGST)

State's share of GST on intra-state supply of goods and services

Where it helps Largest single source of Rajasthan's own tax revenue

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State Highway (SH)

Roads connecting districts and towns within a state, maintained by state PWD; Rajasthan 17,376 km

Where it helps 23 SHs being upgraded

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State Indicator Framework (SIF)

Rajasthan's 330-indicator framework (DES) for monitoring SDGs at state level

Where it helps Above national NIF (290 indicators); DES, Yojana Bhawan

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Surplus Budget

Budget where receipts exceed expenditure (rare for Rajasthan; state typically runs deficits)

Where it helps Conceptual contrast to Rajasthan's persistent fiscal deficit

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Sustainable Development

Development meeting present needs without compromising future generations

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Sustainable Development Goals (SDGs)

17 global goals adopted by UN in 2015 targeting poverty, health, education, climate by 2030

Where it helps Rajasthan composite score: 67 (Front-Runner, 2023-24)

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Svamitva Scheme

Property cards for rural household land rights

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Svamitva Yojana

Drone-based rural property mapping scheme issuing legally valid property cards

Where it helps Rajasthan: 6,85,935 cards in 35,955 villages

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Tele-radiology (AI)

AI-enabled remote diagnostic service for early detection of silicosis; won National e-Governance Gold Award 2024-25

Where it helps Innovation in health governance

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Telecom Act 2023

Replaced Indian Telegraph Act 1885; updated spectrum law

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Terms of Trade

Ratio of export prices to import prices

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Total Fertility Rate (TFR)

Average number of children a woman would bear over her reproductive lifetime

Where it helps Rajasthan TFR: 2.4 → 2.0 (NFHS-5)

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TPDS

Targeted Public Distribution System for subsidised food

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TRIFED

National apex body for tribal product marketing and tribal welfare; runs VDVKs

Where it helps Connects tribal products to national markets

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Two-Child Norm

Former Section 19, Rajasthan PR Act 1994 disqualifying candidates with >2 children

Where it helps Abolished by Amendment Bill 2026 (March 2026)

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UDAN

Regional air connectivity scheme; VGF subsidised routes

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UDID (Unique Disability Identification)

National unique ID for persons with disabilities; Rajasthan integrated UDID with Jan Aadhaar (cited as model)

Where it helps Disability welfare identification

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Udyam Portal

Online MSME registration platform

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ULIP

Unified platform integrating 38 govt logistics systems

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Unemployment Rate

% of labour force actively seeking but unable to find work (Current Weekly Status basis in PLFS)

Where it helps Rajasthan 4.7%; down from 4.9% (2022-23)

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UNFCCC

UN treaty body governing climate negotiations

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UPI

Real-time digital payment platform; 14.96 bn txns/month

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Van Dhan Vikas Kendra (VDVK)

TRIFED-run cluster of 15-20 tribal SHGs (~300 beneficiaries) for NTFP value-addition and marketing

Where it helps Banswara, Dungarpur, Pratapgarh in Rajasthan

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Vande Bharat Express

India-made semi-high-speed train (160 km/h)

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Vedanta Ltd.

Operator of Barmer oil block (acquired Cairn India in 2011)

Where it helps 66,000-67,000 bopd; 15 Barmer fields; 14.95% national share

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Vehicle Tax

State tax on motor vehicles; grew 9.39% in 2023-24 for Rajasthan

Where it helps Indicator of motorisation; growing revenue head

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Viksit Bharat 2047

India's vision to become developed nation by 2047

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Viksit Gaon-Ward Abhiyan

Campaign (March 19–May 15, 2026) for bottom-up master plans in all 11,341 Gram Panchayats

Where it helps Decentralised planning under Viksit Rajasthan 2047

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Viksit Rajasthan 2047

Rajasthan government's long-term vision targeting $350 billion economy by 2029 via 10 Sankalps

Where it helps Rising Rajasthan summit ₹35 lakh crore MoUs

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Waqf (Amendment) Act 2024

Reforms waqf board governance; mandatory property survey; District Collector oversight; limits unilateral waqf declaration

Where it helps Minority welfare governance reform

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World Bank

Multilateral development bank lending to developing countries; funds Rajasthan's RUIDP, education, disaster projects

Where it helps IBRD loans at market-concessional rates

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Zamindari Abolition

Elimination of intermediary land rights post-independence

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ZED Certification

Quality and environment certification for MSMEs

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Zila Parishad (ZP)

District-level tier of Panchayati Raj, apex of 3-tier structure

Where it helps Rajasthan: 33 Zila Parishads

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← All glossary subjects