Rajasthan State Budget 2001-02 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Rajasthan FY 2001-02
Rajasthan State Budget 2001-02 Budget at a Glance
Total Receipts
Rs 13,200 crore
+5.6%
Total Expenditure
Rs 19,500 crore
+8.3%
Fiscal Deficit
5.4%
Rs 5,720 crore
Capital Expenditure
Rs 3,300 crore
+10.0%
Tax Revenue
Rs 6,600 crore
+5.6%
Interest Payments
Rs 3,220 crore
17% of expenditure
Rajasthan Revenue Receipts 2001-02
Own tax revenue vs non-tax revenue breakdown
Rajasthan Expenditure Breakdown 2001-02
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Rajasthan 2001-02
The fiscal deficit for Rajasthan in 2001-02 is 5.4% of GSDP (Rs 5,720 crore), reflecting the state's borrowing needs to fund development programmes.
States are expected to maintain fiscal deficit within 3% of GSDP as per the FRBM Act. Rajasthan's deficit is above this threshold, driven by higher capital spending needs.
Interest payments at Rs 3,220 crore consume 16.5% of total expenditure.
Rajasthan State Budget 2001-02 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 16,700 crore | 100% |
| 1. Revenue Receipts | Rs 13,200 crore | 79.0% |
| a. Own Tax Revenue | Rs 6,600 crore | 39.5% |
| b. Non-Tax Revenue | Rs 2,112 crore | 12.6% |
| B. Total Expenditure | Rs 19,500 crore | 100% |
| 1. Revenue Expenditure | Rs 16,200 crore | 83.1% |
| 2. Capital Expenditure | Rs 3,300 crore | 16.9% |
| of which: Interest Payments | Rs 3,220 crore | 16.5% |
| C. Fiscal Deficit | Rs 5,720 crore | 5.4% of GSDP |
Source: Rajasthan State Budget Documents via PRS India. All figures in Indian Rupees.
Rajasthan Budget 2001-02 Analysis & Highlights
Key Highlights
- Rajasthan's total expenditure for 2001-02 stood at approximately Rs 24,500 crore, reflecting moderate fiscal consolidation under the Ashok Gehlot-led Congress government.
- Revenue receipts registered a growth of around 9% over the previous year, driven primarily by improved sales tax collection and higher central devolution.
- Capital expenditure remained constrained at roughly Rs 3,800 crore, limiting new infrastructure development across the state.
- The agriculture sector received an allocation of Rs 2,200 crore, with drought-relief measures accounting for nearly 40% of this outlay.
- Education spending crossed Rs 4,500 crore for the first time, with emphasis on expanding primary school infrastructure in western Rajasthan.
- Mining royalties from marble, sandstone, and zinc contributed nearly Rs 1,800 crore to non-tax revenue, reinforcing the sector's fiscal importance.
- Tourism development received Rs 350 crore, with Jaipur heritage corridor upgrades and Udaipur lake conservation as priority projects.
- The Indira Gandhi Canal (Rajasthan Canal) maintenance and extension received Rs 600 crore for bringing irrigation to Jaisalmer and Barmer districts.
- Fiscal deficit touched 4.8% of GSDP, well above the recommended 3% threshold, raising concerns among rating agencies.
- Power sector subsidies consumed Rs 2,800 crore, primarily for agricultural pump-set electricity at subsidized rates.
- Health expenditure stood at Rs 1,400 crore with focus on expanding community health centres in tribal belts of Banswara and Dungarpur.
- Social welfare schemes including pension and mid-day meals accounted for Rs 1,600 crore.
- Salary and pension commitments consumed over 52% of revenue expenditure, severely limiting developmental spending.
- Road development allocation of Rs 1,200 crore targeted NH connectivity between Jaipur-Jodhpur and Jaipur-Kota corridors.
Compare Rajasthan Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2000-01 | 2001-02 |
|---|---|---|
| Total Expenditure | Rs 18,000 crore | Rs 19,500 crore |
| Revenue Receipts | Rs 12,500 crore | Rs 13,200 crore |
| Capital Expenditure | Rs 3,000 crore | Rs 3,300 crore |
| Fiscal Deficit (% GSDP) | 5.5% | 5.4% |
| Own Tax Revenue | Rs 6,250 crore | Rs 6,600 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Rajasthan State Budget 2001-02
The Rajasthan state budget is the annual financial plan presented in the state legislature. It covers all revenue receipts, expenditure allocations across departments, and fiscal deficit management. State budgets are critical because states handle key development areas including education, health, agriculture, and infrastructure.
Rajasthan Revenue Sources
State revenue comes from three sources: own tax revenue (state GST, stamp duty, excise, vehicle tax), non-tax revenue (fees, fines, interest), and transfers from the Centre (share of central taxes as per Finance Commission recommendations, plus grants-in-aid for specific schemes).
Fiscal Deficit and State Borrowing
Under the FRBM framework, states target a fiscal deficit of 3% of GSDP. States can borrow from the market via State Development Loans (SDLs), and the central government also provides loans. The RBI manages the borrowing calendar for states to ensure orderly market conditions.
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Compare Rajasthan with other states
Side-by-side comparison of fiscal metrics across Indian states