Agriculture, Industry & Service Sector
Key facts
- Rajasthan Economic Review 2024-25 estimates GSDP at ₹17.04 lakh crore and services as the largest GSVA contributor at 45.92%.
- Agriculture and allied activities contribute 26.92% of GSVA, while industry contributes 27.16% in the 2024-25 current-price frame.
- Rajasthan State Budget 2023-24 anchors tourism industry status, millet promotion and agro-industry land treatment.
- Rajasthan State Budget 2024-25 anchors farmer income support, Gopal Credit Card and Mangla Pashu Bima measures.
- RIICO chronology is 28 March 1969 incorporation and 1 January 1980 bifurcation into the present industrial-development identity.
Key Points at a Glance
- 1
Rajasthan Economic Review 2024-25 estimates GSDP at ₹17.04 lakh crore and services as the largest GSVA contributor at 45.92%.
- 2
Agriculture and allied activities contribute 26.92% of GSVA, while industry contributes 27.16% in the 2024-25 current-price frame.
- 3
Rajasthan State Budget 2023-24 anchors tourism industry status, millet promotion and agro-industry land treatment.
- 4
Rajasthan State Budget 2024-25 anchors farmer income support, Gopal Credit Card and Mangla Pashu Bima measures.
- 5
RIICO chronology is 28 March 1969 incorporation and 1 January 1980 bifurcation into the present industrial-development identity.
- 6
KBNIR is a 2011-12 planning anchor; JPMIA is 30 km from Jodhpur Railway Station and Jodhpur International Airport.
- 7
Barmer Refinery at Pachpadra and Rajasthan Petro Zone connect western Rajasthan with petroleum and petrochemical industry.
What is the 2024-25 sector baseline for Rajasthan's economy?
The 2024-25 sector baseline for Rajasthan's economy is a ₹17.04 lakh crore GSDP at current prices, with services as the largest GSVA contributor, followed by industry and agriculture. Rajasthan Economic Review 2024-25 is the current official baseline for the state economy because it gives the GSDP estimate, GSVA shares, sector composition, fiscal indicators and district-facing development statistics in one place.
According to Rajasthan Economic Review 2024-25, the GSDP at current prices is estimated to reach ₹17.04 lakh crore in 2024-25, up from ₹15.22 lakh crore in 2023-24.
GSDP Baseline
| Year | GSDP at current prices |
|---|---|
| 2024-25 | ₹17.04 lakh crore |
| 2023-24 | ₹15.22 lakh crore |
- Why it matters: agriculture, industry and services can otherwise be studied as isolated departments rather than as contributors to the same state output.
Sector Split in GSVA at Current Prices
| Sector | Share | Includes |
|---|---|---|
| Agriculture and allied activities | 26.92 per cent | crops, livestock, fishing and forestry |
| Industry | 27.16 per cent | mining, manufacturing, electricity, gas, water supply and construction |
| Services | 45.92 per cent | trade, hotels, transport, storage, communication, financial services, real estate, public administration and other services |
- Reading of the numbers: Rajasthan is not only an agrarian economy, even though rain-fed farming and livestock risk remain central to welfare.
Place Names as Economic Clues
- Barmer, Jodhpur, Pali, Bhiwadi, Neemrana, Khushkhera, Udaipur, Nagaur, Bhilwara and Kota are economic clues because they connect raw material, land, transport and markets.
- Western Rajasthan needs water-risk management and petroleum-linked diversification.
- North-eastern Rajasthan uses National Capital Region proximity and corridor infrastructure.
- South and south-eastern Rajasthan connect mineral resources with cement, textiles and engineering.
- Rajasthan Economic Review 2024-25 works as the statistical frame within which Rajasthan State Budget 2023-24 and Rajasthan State Budget 2024-25 announcements can be placed.
Output Size and Structural Role
- Agriculture: its share is smaller than services, but it anchors food security, livestock income and raw material supply.
- Industry: its share is close to agriculture, yet its district footprint is concentrated in minerals, construction materials, engineering, textiles and petroleum-linked nodes.
- Services: look numerically dominant because they include trade, hotels, transport, storage, finance, professional services and administration, which expand when either farm output or industrial movement increases.
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PREDICTED Predicted RAS Questions
Based on PYQ trends and 2026 syllabus analysis
1 MCQ Which official reference is the best current baseline for Rajasthan's GSDP, GSVA and sector-share data?
Explanation
Rajasthan Economic Review 2024-25 is correct because it is the official annual source for GSDP, GSVA, sector shares, prices and social indicators. The stem asks for a macro-statistical baseline rather than a single policy instrument. Rajasthan Agro-Processing Policy covers value addition and exports only. The Western DFC note covers logistics infrastructure. Tourism industry status is a service-policy reference and cannot replace the statewide statistical review.
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