Rajasthan Budget / Rajasthan's full budget - special emphasis on youth and development

Rajasthan Budget: Rajasthan’s Finance Minister, Diya Kumari, presented the second full budget of the Bhajan Lal government. The budget speech lasted approximately 138 minutes, with major announcements focused on youth employment and development. The government has promised 1.25 lakh government jobs and 1.5 lakh private sector jobs in the next year.

Relief in Electricity and Water Supply

• Efforts have been made to provide relief in electricity bills, but conditions have been added to the free 150-unit electricity scheme.
• 5 lakh new domestic electricity connections and 5,000 agricultural connections will be provided.
• 1,050 new technical positions will be recruited in the water supply department.
• 1,500 hand pumps and 1,000 new tube wells will be installed.

Real Estate and Infrastructure

• Property purchased jointly with a wife, up to ₹50 lakh, will be cheaper, with a 0.5% reduction in stamp duty.
• The BRTS system in Jaipur will be removed, and a new phase of the metro has been announced.
• 9 new greenfield expressways and ring roads in 15 cities will be constructed.

Mining and Petroleum

• Pachpadra refinery will begin production in August.
• A Center of Excellence for Mines and Minerals will be established in Jaipur.
• The Institute of Mines will open in Udaipur, and a Petro Campus will be set up in Jodhpur.
• Rajasthan City Gas Distribution Policy will be introduced, connecting 1.25 lakh households with piped gas.

Changes in Taxes and Duties

• 0.5% reduction in stamp duty.
• Waiver of VAT dues up to ₹50 lakh.
• Warehouses will be granted industry status and regularized before February 1, 2025.
• A Green Growth Credit Policy will be implemented.

Green Budget and Environmental Initiatives

• Steel utensil banks will be set up in village panchayats.
• ₹43 crore will be spent on developing "green lungs" in urban areas.
• 25,000 women will be trained under the "Solar Didi" scheme.
• A scrap vehicle policy will be introduced to phase out 15-year-old vehicles.
• Rajasthan Green Credit Scheme and a ₹100 crore Green Challenge Fund will be launched.

Animal Husbandry and Agriculture

• Recruitment of 1,000 veterinary inspectors and 100 veterinary doctors.
• Livestock insurance scheme coverage will be doubled.
• Farmers will receive interest-free loans totaling ₹25,000 crore.
• ₹150 per quintal bonus on wheat MSP.
• 75,000 farmers will receive grants for fencing.
• 1 lakh landless agricultural laborers will receive agricultural tools worth ₹5,000.

Irrigation and Water Management

• 4 lakh farmers will benefit from irrigation facilities.
• Drip and sprinkler irrigation systems will be installed on 3.5 lakh hectares of land.
• 50,000 new ponds will be built.
• Rajasthan Water Grid Corporation will be established.

Governance and Law & Order

• Public grievance centers will be set up in every assembly constituency.
• An Ambedkar Institute of Constitutional Studies will be established under the Bhimrao Ambedkar Law University.
• The Sardar Patel Center for Cyber Control and War Room will be set up for cybersecurity.
• 1,000 new patrol vehicles will be provided to the police, and 1,500 new positions will be created.

Women and Child Development

• 20 lakh women will be empowered as ‘Lakhpati Didis’.
• The Chief Minister’s Nutrition Kit Scheme will be implemented in Anganwadi centers.
• 10 lakh new families will be included in the food security scheme.
• Annapurna stores will be opened at 5,000 fair-price shops.

Social Security

• Pension for vulnerable sections will be ₹1,250.
• 1 lakh differently-abled people will receive artificial limbs and assistive devices.
• 25,000 residential land leases will be issued to nomadic families.
• A ₹350 crore Gig and Unorganized Worker Fund will be created.

Health and Education

• A ₹3,500 crore ‘Maa Fund’ will be established.
• Diabetic clinics will be set up in all district hospitals.
• Digital X-ray machines will be installed in every PHC.
• 50,000 youth will receive skill training.
• 1,500 schools will have Atal Tinkering Labs.
• Digital planetariums will be set up in Kota, Ajmer, and Bikaner.

Tourism and Industry

• ₹975 crore will be spent on tourism development.
• ₹100 crore budget for developing religious sites and tribal tourism circuits.
• 6,000 senior citizens will be provided air travel for pilgrimages.
• The single-window system for industrial investment will be improved.

Conclusion

This budget focuses on employment, agriculture, environment, and good governance. Special attention has been given to youth, farmers, women, and social security. By prioritizing development and green growth, this budget aims to elevate Rajasthan’s economic prosperity to new heights.

Latest Updates

• Restructuring of Inflation Relief Centers: 500 new centers will be set up across the state under new schemes.
• Support for Startups: 200 new startups will receive financial assistance of up to ₹50 lakh each.
• Smart City Initiative: New smart infrastructure projects announced for Jaipur and Udaipur.