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Economy

Quick Revision Table

State Budget and Fiscal Management

Paper I · Unit 2 Section 13 of 16 0 PYQs 39 min

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Quick Revision Table

Item Detail Year/Reference
Rajasthan Budget total outlay ₹2,09,633.99 crore (Modified Schematic) 2024-25
Budget presented by Deputy CM Diya Kumari 19 February 2025
Revenue Receipts ₹2,03,276 crore 2023-24
Own Tax Revenue ₹94,086 crore 2023-24
SGST growth +12.50% 2023-24
Stamps & Registration growth +12.12% 2023-24
Electricity Duty growth +11.16% 2023-24
Vehicle Tax growth +9.39% 2023-24
Fiscal Deficit ₹65,580 crore = 4.31% of GSDP 2023-24
FRBM fiscal deficit target 3% of GSDP Rajasthan FRBM Act 2005
Revenue Deficit ₹38,955 crore 2023-24
Total Fiscal Liabilities (Debt) ₹5,71,639 crore = 37.57% of GSDP 2023-24
FRBM debt ceiling 35% of GSDP Rajasthan FRBM Act 2005
Capital Outlay ₹26,646 crore (+34.6% over previous year) 2023-24
Revenue Expenditure: Social Services 42.06% 2023-24
Revenue Expenditure: General Services 32.07% 2023-24
Revenue Expenditure: Economic Services 25.87% 2023-24
Developmental Expenditure ₹1,91,190 crore = 71% of total 2023-24
Expenditure on schemes ₹1,56,867 crore (+10.27% over 2022-23) 2023-24
Revenue receipts as % of expenditure 75.49% 2023-24
Rajasthan FRBM Act Rajasthan Fiscal Responsibility and Budget Management Act 2005
Central FRBM Act Fiscal Responsibility and Budget Management Act 2003
15th Finance Commission Rajasthan's share: 5.979% of divisible pool 2021-26
SFC mandate (Panchayats) Article 243-I, Constitution 73rd Amendment 1992
SFC mandate (Municipalities) Article 243-Y, Constitution 74th Amendment 1992
6th SFC coverage period 2020-21 to 2024-25 Rajasthan
SPFM project (World Bank) US$31 million for fiscal management reforms Ongoing
IGNP canal length (Rajasthan) ~649 km (main canal)
Barmer oil production (Vedanta) ~1.2 lakh barrels/day (current) 2024 estimate
Committed expenditure share ~60% of revenue expenditure (salary+pension+interest) 2023-24
Annual Budget statement (Constitutional basis) Article 202, Constitution of India