Rajasthan Budget 2019-20: Analysis

Rajasthan Budget 2019-20: Analysis

Rajasthan Budget 2019-20: Analysis by RajRAS


Rajasthan Budget 2019-20 : Key Estimates (BE)
Receipt Expenditure
(2,33,000 Cr ) (with Uday Scheme) 2,33,000 Cr (with Uday Scheme)
Revenue Capital Revenue Capital
1,64,000 Crore 69,000 Crore 1,91,000 Core 42,000 Crore
State Tax Revenue 73000 Cr Recovery of Loan 16000 Cr
Central tax Share 44000 Cr Public A/c 52000 Cr
Non-Tax Revenue 19000 Cr
Union Grant 26000 Cr

Rajasthan Government Budget at a Glance


Rajasthan Budget 2019-20: Key Parameters

S. No Parameter Formula & Value
1 Revenue Deficit Revenue Expenditure – Revenue Receipt
1,91,000 – 1,64,000 Crore
27,000 Crore
2 Budgetary Surplus Revenue A/c Deficit + Capital A/C Deficit
(Revenue Receipt- Revenue Expenditure) + (Capital Receipt – Capital Expenditure)
(-27,000) +(+27,000) Crore
Exact= +62 Crore (Budget is Surplus)
3 Fiscal Deficit Non Debt Receipt – Total expenditure
32,000 Crore
4 Primary Deficit Fiscal Deficit – Interest Payment
-9,500 Crore

Rajasthan Budget 2019-20: Government Income

In Revenue Receipts:

  • State Own Tax Revenue > Share in Central Tax Revenue > Union Grant > Non-Tax Revenue

In State Own Tax Revenue: 

  • State Goods and Service Tax (SGST )> Sales Tax > State Excise Duty >  Taxes on Vehicles >  Stamps & Registration > Taxes on Electricity > Land Revenue

In Share in Central Taxes:

  • Corporation Tax > Goods and Service Tax (GST)> Income Tax >  Custom Duty >  Union Excise Duty 

In Non-Tax Revenue:

  • Interest Receipts is the major source.

Rajasthan Government Receipt Income


Rajasthan Budget 2019-20: Government Expenditure

Rajasthan Government Expenditure
 


Highlights of Schemes/Projects Outlay 2019-20

1,16,735.96 crore are proposed as Schemes in Modified Outlay 2019-20 which is 8.22 % more than the BE 2018-19. The major head-wise break-up of the Scheme-wise outlay is as under:-
Rajasthan Budget 2019-20 Schemes Outlay
 


** Please note that, the above is Author’s 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 2019-20: Budget at Glance – Rajasthan Government Document – Download here

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