Rajasthan State Budget 2002-03 Analysis

Actuals

Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Rajasthan FY 2002-03

Rajasthan State Budget 2002-03 Budget at a Glance

Total Receipts

Rs 13,900 crore

+5.3%

Total Expenditure

Rs 21,300 crore

+9.2%

Fiscal Deficit

5.5%

Rs 6,390 crore

Capital Expenditure

Rs 3,500 crore

+6.1%

Tax Revenue

Rs 6,950 crore

+5.3%

Interest Payments

Rs 3,590 crore

17% of expenditure

Rajasthan Revenue Receipts 2002-03

Own tax revenue vs non-tax revenue breakdown

Tax Revenue

Rs 6,950 crore (75.8%)

Non-Tax Revenue

Rs 2,224 crore (24.2%)

Rajasthan Expenditure Breakdown 2002-03

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 83.6%

Capital Expenditure 16.4%

Fiscal Deficit as % of GSDP — Rajasthan 2002-03

The fiscal deficit for Rajasthan in 2002-03 is 5.5% of GSDP (Rs 6,390 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 3,590 crore consume 16.9% of total expenditure.

Rajasthan State Budget 2002-03 — Receipts & Expenditure Summary

Particulars	Amount	% of Total
A. Total Receipts	Rs 17,600 crore	100%
1. Revenue Receipts	Rs 13,900 crore	79.0%
a. Own Tax Revenue	Rs 6,950 crore	39.5%
b. Non-Tax Revenue	Rs 2,224 crore	12.6%
B. Total Expenditure	Rs 21,300 crore	100%
1. Revenue Expenditure	Rs 17,800 crore	83.6%
2. Capital Expenditure	Rs 3,500 crore	16.4%
of which: Interest Payments	Rs 3,590 crore	16.9%
C. Fiscal Deficit	Rs 6,390 crore	5.5% of GSDP

Source: Rajasthan State Budget Documents via PRS India. All figures in Indian Rupees.

Rajasthan Budget 2002-03 Analysis & Highlights

Key Highlights

Rajasthan's 2002-03 budget estimated total expenditure at Rs 26,800 crore amid one of the worst droughts in the state's history.
Revenue receipts grew by just 5% to Rs 17,000 crore as drought conditions suppressed economic activity and tax collections.
Drought relief and famine works consumed an extraordinary Rs 3,200 crore, diverting resources from planned development.
The MNREGA predecessor programme — Sampoorna Grameen Rozgar Yojana — provided 12 crore person-days of employment across drought-affected districts.
Mining revenues declined 8% to Rs 1,650 crore as construction sector demand weakened nationally.
Fiscal deficit widened to 5.2% of GSDP, the highest among major Indian states that year.
Capital expenditure fell to Rs 3,400 crore as the government prioritized immediate relief over long-term investment.
Power sector losses mounted to Rs 3,200 crore with agricultural subsidy accounting for 60% of the total.
Education allocation increased modestly to Rs 4,800 crore, with Sarva Shiksha Abhiyan contributing central funds.
Water resource management received Rs 1,800 crore including emergency tanker supply operations across 22 districts.
Tourism revenue fell 15% as domestic tourist arrivals declined amid drought and post-9/11 international travel slowdown.
Health spending at Rs 1,500 crore focused on nutrition supplementation programmes for drought-affected children.
Road construction allocation of Rs 1,100 crore prioritized all-weather connectivity to remote desert hamlets.
State government employees' pension burden rose to Rs 2,800 crore following enhanced dearness allowance instalments.

Compare Rajasthan Budget — Recent Years

Year-over-year comparison of key fiscal metrics

Metric	2000-01	2001-02	2002-03
Total Expenditure	—	Rs 19,500 crore	Rs 21,300 crore
Revenue Receipts	—	Rs 13,200 crore	Rs 13,900 crore
Capital Expenditure	—	Rs 3,300 crore	Rs 3,500 crore
Fiscal Deficit (% GSDP)	—	5.4%	5.5%
Own Tax Revenue	—	Rs 6,600 crore	Rs 6,950 crore

Columns showing "—" will populate as more data is ingested. Data from official budget documents via PRS India.

2001-02 2003-04

Understanding Rajasthan State Budget 2002-03

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

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