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Rajasthan Budget 2024-2025

Jaipur: Highlights of the Rajasthan Budget 2024-25 presented by the Rajasthan Finance Minister Diya Kumari.

  • LPG Cylinder in Rs. 450 for women of poor families, Relief to 73 lac families
  • Increase in quantity of meal from 450 gms. to 600 gms. under Shri Annapurna Rasoi, Increase in assistance from Rs. 17 to Rs. 22 per plate, Annual expenditure approx. Rs. 350 Cr.
  • Financial Assistance increased from Rs. 6000 to Rs. 8000 under PM Kisan Samman Nidhi Yojana, Provision of Rs. 1,400 Cr. per annum. Bonus of Rs. 125 per Quintal other than Minimum Support Price-MSP of Wheat (Rabi 2023-24), Expenditure of Rs. 250 Cr.
  • Special Investigation Team (SIT) for investigating paper leak cases
  • Increase in monthly pension from Rs. 1,000 to Rs. 1,150 under Social Security Pension, Additional Provision of Rs. 1,800 Cr.
  • Relaunch of Loktantra Sainani Samman Pension Yojana for MISA/DIR etc. Prisoners, Pension of Rs. 20,000 and Medical Assistance of Rs. 4,000.

Policies of previous govt.–

  • Huge Debt burden, Debt of Rs. 5 lac 79 thousand 781Cr. as per BE of 2023-24
  • Increase in per capita debt from Rs. 36,800 (in the end of 2017-18) to Rs. 70,800 (in 2023-24)
  • Capital Expenditure of only Rs. 93,577 Cr. against the loan amount of Rs. 2,24,392 Cr.
  • Regular electricity crisis due to mis-management and corruption
  • Debt of more than Rs. 1,39,200 Cr. on Electricity Companies including DISCOMs
  • Additional Financial burden on State Exchequer due to purchase of electricity amounting more than Rs. 3,700 Cr. from Exchange in 2022-23.
  • Jal Jeevan Mission–Complaints related to quality and corruption, sluggish progress of implementation, 33rd place in JJM coverage in the country.
  • No efforts made for geting sanction of ERCP despite support from Central Govt.
  • Incidents of Paper leak–Non conduct of examinations on time.
  • Very slow progress of work of 15 Medical Colleges in Phase-III despite release of sanctions, Amount of Rs. 1,500 Cr. received from Central Govt. not utilised completely.

New Announcements–

  • Provision of Rs. 1,000 Cr. for establishment/ upgradation of colleges, schools, hospitals, administrative offices etc. in deprived areas in order to maintain regional balance of development
  • Additional provision of Rs. 1,500 Cr. in State Road Fund for upgradation and construction of roads.
  • 'Invit/ToT' in RVPNL, 'Business Plan' and Resource Adequacy Plan for Electricity Companies.
  • Project Monitoring Unit for 'Pradhanmantri Suryodaya Yojana', Target of more than 5 lac Solar Plants, Free electricity upto 300 units per month.
  • 500 Electric Buses for cities like-Jaipur, Jodhpur, Udaipur, Kota along with Inter-state
  • DPR for extension of Jaipur Metro–along with Tonk Road, Sitapura, Ambabari upto Vidhyadhar Nagar.
  • Jal Jeevan Mission–Drinking water for 25 lac rural families, Approx expenditure of Rs. 15,000 Cr.
  • ERCP included in River Linking Projects, MoU signed between State and Central Govt., Amount of project increased from Rs. 37,250 Cr. to Rs. 45,000 Cr. approx.
  • Mukhyamantri Jal Savavlamban Abhiyan 2.0–amounting approx. Rs. 11,200 Cr., 5 lac water harvesting structures in 20,000 villages in next 4 years, 1,10,000 structures/ works amounting Rs. 3,500 Cr. in more than 5,000 villages in next year.
  • Conservation of Forests and Development of Wildlife–Distribution of 4 Cr. plants in Tree Outside Forest in Rajasthan Programme, Works of Rs. 300 Cr. in Rajasthan Forestry and Bio Diversity Development Project, Plantation in 30,000 hectare area of Aravali Hills and surrounding areas, Habitat Development works for Black Bucks in Jaswantgarh–Nagaur
  • Rajasthan Agriculture Infra Mission–Rs. 2,000 Cr. provision, 20,000 Farm Ponds, 10,000 km irrigation pipe line, Fencing for 50,000 farmers, Vermi Compost units for 5,000 farmers, New Agro-Processing Clusters, Food Parks and Horticulture Hub
  • 500 Custom Hiring Centres
  • Distribution of high quality seeds–Maize for 12 lac farmers, Bajra for 8 lac farmers, Mustard for 7 lac farmers, Moong for 4 lac farmers, Jowar and Moth for 1-1 lac farmers
  • Gopal Credit Card Scheme–Interest free short term loan upto Rs. 1 lac, Loan for 5 lac Gopalak families in first phase, Expenditure of Rs. 150 Cr.
  • Youth and Employment–Recruitment for 70,000 posts, Yuva Sathi Kendra at Divisional Head Quarters, Employment Fairs in each Division, organising campus placement and Skill Development Training Programmes
  • Timely conduct of recruitment exams–Annual Calendar of recruitment examinations by RPSC and Rajasthan Staff Selection Board etc.
  • Mukhyamantri Paryatan Kaushal Vikas Programme–Training related to Guide/Hospitality for 20,000 youths and folk artists in 2 years.
  • KG to PG free education to the students belonging to the families of low income group, Small/Marginal/Bataidar Farmers/ Farm labourers.
  • Works of building repairs, construction of class rooms and girls toilets, upgradation of facilities in hostels and residential schools, provision of Rs. 250 Cr.
  • Financial Assistance Rs. 1,000 per student for school bags, books and uniform for students of class I to VIII and girl students of class IX to XII, approx. beneficiaries 70 lac.
  • Atal Innovation Studio and Accelerators in Jaipur, Bikaner, Bharatpur and Udaipur, Expenditure of Rs. 1,000 Cr.
  • High Tech City near Jaipur with world class city facilities
  • Mission Olympics-2028–World class sports facilities for 50 talented youths, Centre of Excellence for Sports in Jaipur, Provision of Rs. 100 Cr.
  • Residential Girls Sports Institutes in Jaipur, Bharatpur and Udaipur amounting Rs. 25 Cr. each.
  • Lado Protsahan Yojana–Saving Bond of Rs. 1,00,000 on birth of girl child belonging to poor families.
  • Lakhpati Didi Yojana–Economic empowerment of women, For 5 lac families, target of annual income of Rs. 1 lac
  • Pradhanmantri Matra Vandan Yojana–Increase in financial assistance from Rs. 5,000 to Rs. 6,500, Expenditure of Rs. 90 Cr.
  • Adarsh Anganbari at Block level—To excel in Health Checkup, Nutrition and Pre-school Education, Expenditure of Rs. 20 Cr.
  • Health Insurance Scheme of State–Day Care Package along with IPD under Mukhyamantri Ayushman Arogya Yojana
  • 25 Advanced Life Support Ambulances for life safety in accidents on Highways
  • Lagre scale programme upto Block level on International Yoga Day–21 June, 2024, organising AYUSH programmes, Provision of Rs. 250 Cr.
  • Mukhyamantri Vishwakarma Pension Yojana for Labourers and street vendors, Pension of Rs. 2,000 per month after attaining the age of 60 years on payment of monthly premium, Provision of Rs. 350 Cr.
  • 50% concession in Roadways Bus fare for senior citizens
  • Empowerment of Panchayatiraj Institutions and Urban Local Bodies, Increase in SFC Grant from 6.75% to 7%, Grant of Rs. 8,864 Cr.
  • Rajasthan Anugrah Seva Pradayagi Adhiniyam–Self identification of helpless and needy families through SMART System, Sanction and benefit transfer online procedure, IT infrastructure of Rs. 150 Cr.
  • Personnel and Pensioners Welfare–Relaxation of 2 years in DPC for promotion, Details of salary and GPF on Mobile App, Online sanctions of pensions emoluments on Retirement day and family pension, Facility of Digital Life Certificate for pensioners at home.
  • Door Step Delivery of medicines under RGHS
  • Police Modernisation and Infrastructure Fund of Rs. 200 Cr., Cyber Helpdesk in newly created 34 police stations
  • Anti Romeo Squad in each district, Women Helpdesks in 174 police stations.
  • Laadli Suraksha Yojana–CCTV Cameras at public places, girls hostels and Nari-Niketans
  • Highest Category of Self-Defence–Black Belt included under Sports Quota
  • Rajasthan Loktantra Sainani Samman Nidhi Adhiniyam for regular pension for MISA/DIR etc. prisoners.
  • Developmental works for 20 religious places/aastha kendra including Govind Dev Ji–Jaipur, Mangarh Dham–Banswara, Poonchari ka Lautha–Deeg, Trinetra Ganesh Ji (Ranthambore)–Sawai Madhopur, Amount Rs. 300 Cr.
  • Upgradation of 10 Museums including Albert Hall–Jaipur, Museum at– Alwar, Chittorgarh, Bikaner and Jodhpur, Public Gallery in State Archives– Bikaner, Cost Rs. 50 Cr.
  • Maharana Pratap Tourist Circuit–Places include Chawand–Haldighati– Gogunda–Kumbhalgarh–Diver–Udaipur etc., Provision of Rs. 100 Cr.
  • DPR for Armed Forces Museum
  • Amritadevi Bishnoi Indigenous Plant Museum at Khejarli–Jodhpur

Amnesty Schemes–To promote industry, investment and development in the State the amnesties shall remain effective till 31.07.2024 -

  • VAT Amnesty - On payment of 10% to 20% of the pending demand the remaining demand shall be waived off in cases of pending demands relating to interstate sale, demand in dispute or demand relating to interest only.
  • Stamp Duty Amnesty - 100 % waiver of interest and penalty.
  • Transport Amnesty -
           In case of destroyed vehicles, 100% Exemption on Tax, Interest & Penalty from the date of destruction of the vehicle on the payment of outstanding amount till the date of destruction
           100% Exemption of Interest & Penalty in all cases on the payment of Outstanding Motor Vehicles Tax computed till 31.03.2023.
            Exemption of Compounding Fees upto 96% in Overloading Cases detected through E-Rawanna.
            Exemption of Interest & Penalty shall be provided for 1 year to end of life vehicles scrapped at registered vehicle scrapping facility on payment of pending tax demand up to the date of scrapping.
  • Energy Amnesty - For all consumers whose connections were disconnected before 31.03.2023 entire amount of Interest and Penalty shall be waived off on payment of the original pending demand. In case of agriculture connections this original pending demand can be paid in six bi-monthly installments.
  • Facility of auto deed generation for purposes of registration of documents.
  • Also, all the information required for registration as well as GIS based DLC rates may be uploaded by citizens themselves through mobile app.
  • Facility of online anywhere registration of documents for which site inspection would be done by empaneled site inspectors through online app.
  • e-GRAS and RajStamp will be encouraged and the process of refund will be simplified and automated
  • In order to provide one stop solution for all registration related needs of investors and citizens a Toll-Free Helpline and a 24 × 7 Adrash Registration Kendras will be setup in all districts in a phased manner.
  • In order to demystify the various rates applicable for Stamp and Registration in the state, they will be revised and rationalized in a phased manner.
  • To increase transparency in the working of Commercial Taxes and Excise Departments a faceless/randomized system will be introduced. For this online Integrated Tax Management System (ITMS), Integrated Excise Management System (IEMS) and Jan-Aadhaar Wallet will be comprehensively strengthened.
  • Facility of e-Driving License and e-Registration Certificate.
  • The facility of anywhere fitness test for vehicles owners.
  • Sugar and jaggery will be exempted from mandi fee.
  • There will be no Land Tax imposed now on. All previous demands shall be waived off on payment of 10% of the tax demand.

Budget Estimates for the year 2024-25

  • Total Expenditure - Rs. 4 lac 86 thousand 615 crore 10 lac
  • Revenue Receipts - Rs. 2 lac 58 thousand 378 crore 29 lac
  • Revenue Expenditure - Rs. 2 lac 82 thousand 247 crore 65 lac
  • Revenue Deficit - Rs. 23 thousand 869 crore 36 lac
  • Fiscal Deficit - Rs. 67 thousand 240 crore 48 lac
  • Fiscal Deficit as the percentage of GSDP : 3.95%.
  • Debt to GSDP ratio : 37.48%
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