Rajasthan State Budget 2013-14 Analysis
ActualsTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Rajasthan FY 2013-14
Rajasthan State Budget 2013-14 Budget at a Glance
Total Receipts
Rs 95,500 crore
+15.1%
Total Expenditure
Rs 1.17 lakh crore
+15.3%
Fiscal Deficit
3.6%
Rs 21,000 crore
Capital Expenditure
Rs 17,000 crore
+17.2%
Tax Revenue
Rs 47,000 crore
+14.6%
Interest Payments
Rs 13,500 crore
12% of expenditure
Rajasthan Revenue Receipts 2013-14
Own tax revenue vs non-tax revenue breakdown
Rajasthan Expenditure Breakdown 2013-14
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Fiscal Deficit as % of GSDP â Rajasthan 2013-14
The fiscal deficit for Rajasthan in 2013-14 is 3.6% of GSDP (Rs 21,000 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 13,500 crore consume 11.5% of total expenditure.
Rajasthan State Budget 2013-14 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 1.11 lakh crore | 100% |
| 1. Revenue Receipts | Rs 95,500 crore | 86.0% |
| a. Own Tax Revenue | Rs 47,000 crore | 42.3% |
| b. Non-Tax Revenue | Rs 48,500 crore | 43.7% |
| B. Total Expenditure | Rs 1.17 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 1 lakh crore | 85.5% |
| 2. Capital Expenditure | Rs 17,000 crore | 14.5% |
| of which: Interest Payments | Rs 13,500 crore | 11.5% |
| C. Fiscal Deficit | Rs 21,000 crore | 3.6% of GSDP |
Source: Rajasthan State Budget Documents via PRS India. All figures in Indian Rupees.
Rajasthan Budget 2013-14 Analysis & Highlights
Key Highlights
- Rajasthan's 2013-14 budget reflected another political transition as Vasundhara Raje's BJP won the December 2013 elections with a landslide 163 of 200 seats.
- Total expenditure estimated at Rs 1,02,000 crore, crossing the Rs 1 lakh crore milestone for the first time.
- Revenue receipts reached Rs 68,500 crore, though growth decelerated to 9% amid national economic slowdown.
- The new government announced an investment-friendly 'Rajasthan Investment Promotion Scheme' with fiscal incentives for manufacturing.
- Capital expenditure set at Rs 14,200 crore targeting highway development, irrigation, and industrial infrastructure.
- Solar energy capacity crossed 800 MW with Bhadla Solar Park attracting global investors and receiving Rs 1,500 crore infrastructure support.
- Mining revenues reached Rs 6,800 crore following auction-based mineral allocation and enhanced enforcement against illegal mining.
- MNREGA allocation reduced to Rs 5,800 crore as the BJP government signalled preference for asset-creation over employment guarantee.
- Education spending at Rs 18,500 crore included controversial reforms allowing private investment in government school management.
- Tourism allocation of Rs 1,100 crore supported launch of the Rajasthan Heritage Conservation and Tourism Policy.
- Fiscal deficit targeted at 3.2% of GSDP, with the new government pledging fiscal consolidation as a priority.
- Health allocation of Rs 5,800 crore launched the Bhamashah Health Insurance Scheme covering 1.5 crore families.
- Power sector reform accelerated with Rajasthan Discoms committing to UDAY loss-reduction targets.
- Textile industry received Rs 350 crore boost under the new state textile policy promoting Bhilwara and Pali clusters.
Compare Rajasthan Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2009-10 | 2010-11 | 2011-12 | 2012-13 | 2013-14 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 1.01 lakh crore | Rs 1.17 lakh crore |
| Revenue Receipts | â | â | â | Rs 83,000 crore | Rs 95,500 crore |
| Capital Expenditure | â | â | â | Rs 14,500 crore | Rs 17,000 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 3.6% | 3.6% |
| Own Tax Revenue | â | â | â | Rs 41,000 crore | Rs 47,000 crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Rajasthan State Budget 2013-14
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