Rajasthan Budget 2018-19: Analysis

 

Rajasthan Budget 2018-19 : Key Estimates
Receipt Expenditure
(2,12,000 Cr ) (with Uday Scheme) 2,12,000 Cr (with Uday Scheme)
Revenue Capital Revenue Capital
1,51,000 Crore 60,000 Crore 1,69,000 Core 43,000 Crore
State Tax Revenue 58000 Cr Recovery of Loan 15000 Cr
Central tax Share 43000 Cr Public A/c 44000 Cr
Non-Tax Revenue 20000 Cr
Grant-in-Aid 29000 Cr

Rajasthan Budget 2018-19 At Glance

Rajasthan Budget 2018-19: Key Parameters

S. No Parameter Formula & Value
1 Revenue Deficit Revenue Expenditure – Revenue Receipt
1,69,000 – 1,51,000 Crore
17,000 Crore
2 Budgetary Surplous Revenue A/c Deficit + Capital A/C Deficit
(Revenue Receipt- Revenue Expenditure) + (Capital Receipt – Capital Expenditure)
(-17,000) +(+17,000) Crore
Exact= +50 Crore (Budget is Surplous)
3 Fiscal Deficit Non Debt Receipt – Total expenditure
-28,000 Crore
4 Primary Deficit Fiscal Deficit – Interest Payment
-6,500 Crore

Rajasthan Budget 2018-19: Government Income

  • In Revenue Receipts: State Own Tax Revenue > Central Tax Revenue > Grant-in- Aid > Non-Tax Revenue
  • In State Own Tax Revenue: State Goods and Service Tax (SGST )> Sales Tax > State Excise Duty >  Taxes on Vehicles > Taxes on Electricity > Stamps & Registration > Land Revenue
  • In Share in Central Taxes:  Goods and Service Tax (GST)>Corporation Tax > Income Tax >  Custom Duty >  Union Excise Duty > Service Tax
  • In Non-Tax Revenue: Interest Receipts is the major source.

 

Rajasthan Budget 2018-19: Government Expenditure

Highlights of Schemes/Projects Outlay 2018-19

  • 107,865.40crore are proposed as Schemes/Projects Outlay in the Budget Estimate 2018-19 presented in the Rajasthan State Legislative Assembly. The major head-wise break-up of the Schemes/Projects outlays are as under:-

Highlights of Schemes Projects Outlay 2018-19


** Please note that, the above is my personal understanding of budget figures with huge approximations to make it simple. Please confirm with government document (listed below) to quote or reproduce anywhere.

Rajasthan Budget 2018-19: Budget at Glance – Rajasthan Government Document – Download here