Rajasthan State Budget 2025-26 Analysis
Budget EstimateTotal expenditure, revenue receipts, fiscal deficit, and department-wise allocation for Rajasthan FY 2025-26
Rajasthan State Budget 2025-26 Budget at a Glance
Total Receipts
Rs 2.95 lakh crore
+12.0%
Total Expenditure
Rs 3.8 lakh crore
+13.8%
Fiscal Deficit
4.3%
Rs 84,644 crore
Capital Expenditure
Rs 53,635 crore
+40.0%
Tax Revenue
Rs 1.2 lakh crore
+11.1%
Interest Payments
Rs 42,644 crore
11% of expenditure
Rajasthan Revenue Receipts 2025-26
Own tax revenue vs non-tax revenue breakdown
Rajasthan Expenditure Breakdown 2025-26
Revenue vs Capital spending and department allocation
Revenue vs Capital Split
Top 10 Departments by Allocation
Fiscal Deficit as % of GSDP â Rajasthan 2025-26
The fiscal deficit for Rajasthan in 2025-26 is 4.3% of GSDP (Rs 84,644 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 42,644 crore consume 11.2% of total expenditure.
Rajasthan State Budget 2025-26 â Receipts & Expenditure Summary
| Particulars | Amount | % of Total |
|---|---|---|
| A. Total Receipts | Rs 3.71 lakh crore | 100% |
| 1. Revenue Receipts | Rs 2.95 lakh crore | 79.5% |
| a. Own Tax Revenue | Rs 1.2 lakh crore | 32.3% |
| b. Non-Tax Revenue | Rs 20,000 crore | 5.4% |
| B. Total Expenditure | Rs 3.8 lakh crore | 100% |
| 1. Revenue Expenditure | Rs 3.26 lakh crore | 85.9% |
| 2. Capital Expenditure | Rs 53,635 crore | 14.1% |
| of which: Interest Payments | Rs 42,644 crore | 11.2% |
| C. Fiscal Deficit | Rs 84,644 crore | 4.3% of GSDP |
Source: Rajasthan State Budget Documents via PRS India. All figures in Indian Rupees.
Rajasthan Department-wise Expenditure 2025-26
Top departments by allocation in Rajasthan for 2025-26
| Department â | Revenue â | Capital â | Total â | Share |
|---|---|---|---|---|
1. Education | Rs 48,000 crore | Rs 5,000 crore | Rs 53,000 crore | 14.0% |
2. Social Welfare | Rs 30,000 crore | Rs 3,000 crore | Rs 33,000 crore | 8.7% |
3. Agriculture & Allied | Rs 22,000 crore | Rs 4,000 crore | Rs 26,000 crore | 6.8% |
4. Health & Family Welfare | Rs 20,000 crore | Rs 4,000 crore | Rs 24,000 crore | 6.3% |
5. Energy | Rs 18,000 crore | Rs 5,000 crore | Rs 23,000 crore | 6.1% |
6. Rural Development | Rs 16,000 crore | Rs 6,000 crore | Rs 22,000 crore | 5.8% |
7. Water Resources & Irrigation | Rs 8,000 crore | Rs 10,000 crore | Rs 18,000 crore | 4.7% |
8. Police & Home | Rs 13,000 crore | Rs 2,000 crore | Rs 15,000 crore | 4.0% |
9. Transport & Roads | Rs 6,000 crore | Rs 8,000 crore | Rs 14,000 crore | 3.7% |
10. Urban Development | Rs 10,000 crore | Rs 4,000 crore | Rs 14,000 crore | 3.7% |
Rajasthan Budget 2025-26 Analysis & Highlights
Key Highlights
- Rajasthan Budget 2025-26 targets total expenditure of Rs 3.8 lakh crore, a 14% increase over the prior year.
- Old Pension Scheme restoration adds Rs 18,000 crore in annual committed expenditure.
- Solar energy allocation of Rs 8,000 crore positions Rajasthan as India's renewable energy leader.
- Mineral revenue from marble, sandstone, and limestone projected at Rs 12,000 crore.
- Tourism development package of Rs 5,000 crore for heritage circuit connecting Jaipur-Jodhpur-Udaipur-Jaisalmer.
- Water resource allocation of Rs 15,000 crore for Eastern Rajasthan Canal Project (ERCP).
- Fiscal deficit budgeted at 3.4% of GSDP, straining the FRBM ceiling.
- Capital expenditure of Rs 55,000 crore focused on road connectivity and irrigation infrastructure.
- State GST collections projected at Rs 55,000 crore, growing 16% year-on-year.
- Agriculture allocation of Rs 20,000 crore addresses water-efficient farming and horticulture expansion.
- Education spending of Rs 48,000 crore includes free textbook and uniform programs for 1.2 crore students.
- Rs 6,000 crore allocated for Indira Gandhi Urban Employment Guarantee Scheme continuation.
Compare Rajasthan Budget â Recent Years
Year-over-year comparison of key fiscal metrics
| Metric | 2021-22 | 2022-23 | 2023-24 | 2024-25 | 2025-26 |
|---|---|---|---|---|---|
| Total Expenditure | â | â | â | Rs 3.34 lakh crore | Rs 3.8 lakh crore |
| Revenue Receipts | â | â | â | Rs 2.63 lakh crore | Rs 2.95 lakh crore |
| Capital Expenditure | â | â | â | Rs 38,300 crore | Rs 53,635 crore |
| Fiscal Deficit (% GSDP) | â | â | â | 4.1% | 4.3% |
| Own Tax Revenue | â | â | â | Rs 1.08 lakh crore | Rs 1.2 lakh crore |
Columns showing "â" will populate as more data is ingested. Data from official budget documents via PRS India.
Understanding Rajasthan State Budget 2025-26
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