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 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 >Â Non-Tax Revenue
In State Own Tax Revenue:Â
- State Goods and Service Tax (SGST )> Sales Tax > State Excise Duty >Â Taxes on Vehicles >Â Stamps & Registration >Â Taxes on Electricity > Land Revenue
In Share in Central Taxes:
- Corporation Tax > Goods and Service Tax (GST)> Income Tax >Â Custom Duty >Â Union Excise DutyÂ
In Non-Tax Revenue:
- Interest Receipts is the major source.
Rajasthan Budget 2019-20: 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:-
** 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