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Rajasthan State Budget 2015-16 Analysis

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Total expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Rajasthan FY 2015-16

Rajasthan State Budget 2015-16 Budget at a Glance

Total Receipts

Rs 1.21 lakh crore

+12.0%

Total Expenditure

Rs 1.5 lakh crore

+13.2%

Fiscal Deficit

3.4%

Rs 27,000 crore

Capital Expenditure

Rs 22,000 crore

+12.8%

Tax Revenue

Rs 60,000 crore

+12.1%

Interest Payments

Rs 17,500 crore

12% of expenditure

Rajasthan Revenue Receipts 2015-16

Own tax revenue vs non-tax revenue breakdown

Tax Revenue
Rs 60,000 crore (49.6%)
Non-Tax Revenue
Rs 61,000 crore (50.4%)

Rajasthan Expenditure Breakdown 2015-16

Revenue vs Capital spending and department allocation

Revenue vs Capital Split

Revenue Expenditure 85.3%
Capital Expenditure 14.7%

Fiscal Deficit as % of GSDP — Rajasthan 2015-16

The fiscal deficit for Rajasthan in 2015-16 is 3.4% of GSDP (Rs 27,000 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 is maintaining fiscal discipline close to the recommended limit.

Interest payments at Rs 17,500 crore consume 11.7% of total expenditure.

Rajasthan State Budget 2015-16 — Receipts & Expenditure Summary

ParticularsAmount% of Total
A. Total ReceiptsRs 1.41 lakh crore100%
1. Revenue ReceiptsRs 1.21 lakh crore85.8%
a. Own Tax RevenueRs 60,000 crore42.6%
b. Non-Tax RevenueRs 61,000 crore43.3%
B. Total ExpenditureRs 1.5 lakh crore100%
1. Revenue ExpenditureRs 1.28 lakh crore85.3%
2. Capital ExpenditureRs 22,000 crore14.7%
of which: Interest PaymentsRs 17,500 crore11.7%
C. Fiscal DeficitRs 27,000 crore3.4% of GSDP

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

Rajasthan Budget 2015-16 Analysis & Highlights

Key Highlights

  • Vasundhara Raje's BJP government prioritized industrial investment and road infrastructure.
  • Total expenditure at Rs 1.5 lakh crore with capital expenditure at Rs 20,000 crore.
  • Resurgent Rajasthan summit attracted Rs 3.3 lakh crore in investment MoUs.
  • State VAT collections of Rs 22,000 crore formed the primary own-revenue source.
  • Solar energy capacity reached 1,000 MW as Bhadla Park Phase 1 became operational.
  • Tourism contributed Rs 35,000 crore to GSDP with the Rann Utsav-style desert festivals.
  • Fiscal deficit at 3.2% of GSDP, marginally above the 3% FRBM ceiling.
  • Water scarcity crisis declared in 5 western districts prompting Rs 2,000 crore emergency relief.
  • Mining reforms introduced online auction system for minor mineral blocks.
  • Education spending at Rs 28,000 crore but teacher vacancies at 50,000 remained unfilled.

Compare Rajasthan Budget — Recent Years

Year-over-year comparison of key fiscal metrics

Metric2011-122012-132013-142014-152015-16
Total Expenditure———Rs 1.32 lakh croreRs 1.5 lakh crore
Revenue Receipts———Rs 1.08 lakh croreRs 1.21 lakh crore
Capital Expenditure———Rs 19,500 croreRs 22,000 crore
Fiscal Deficit (% GSDP)———3.5%3.4%
Own Tax Revenue———Rs 53,500 croreRs 60,000 crore

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

2014-15 2016-17

Understanding Rajasthan State Budget 2015-16

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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