Rajasthan Budget 2024-25: Dy CM Diya Kumari pledges to turn state into USD 350 bn economy

Jul 10, 2024

Jaipur (Rajasthan) [India], July 10 : Rajasthan Deputy Chief Minister and Finance Minister Diya Kumari on Wednesday presented the budget for the financial year 2024-25 outlining the action plan developed by the BJP government under the Amrit Kalkhand to transform the state into a developed state by 2047.
The estimated revenue of the state for the financial year 2024-25 is Rs 2.64 lakh crore while the estimated expenditure is Rs 2.90 lakh crores.
The key highlights of the budget include a proposals for the development of basic amenities like water, electricity, roads, human resource development and planned development of rural and urban areas with sustainable development, empowerment of farmer families with respect, development of MSMEs as well along with big industries, heritage conservation with the idea of heritage development, Green Rajasthan, health for all, providing social security to deprived families and establishing good governance with perform, reform and transform.
The major highlights of the budget for infrastructure is that the government will develop nine "Green Field Expressways" of more than 2750 kilometres and construct a road network of 53000 kilometres in a span of 5 years, for which the estimated expenditure is Rs 60000 crore.
Kumari proposed a Lok Parivahan Sewa to be started to improve connectivity in the state.
In a significant step towards developing of drinking water facilities, the Rajasthan government has launched the Amrut 2.0 scheme under which Rs 5,180 crore will be allocated to 183 settlements.
The budget also prioritizes job creation for youths, focus on renewable energy, and improved connectivity in rural areas.
To encourage athleticism in the state, Kumari proposed that the government will bring a "Sports Life Insurance Scheme" of approx. Rs 25 lakh.
The government has emphasised focus on providing electricity to each houses and agricultural filed with a quote of "Har Ghar-Har Khet Bijli".
The government has also announced to develop the famous tourist and religious site Khatu Shyam with an allocation of Rs 100 crore.
Additionally, it includes investments on electrification, and education, alongside the introduction of a new sports policy to promote athletic development in the state.
Earlier on Tuesday, State Finance Minister Diya Kumari said that the budget has been prepared while keeping all the sections in mind.
"A double-engine government has been formed in the state, so we will try our best to live up to the expectations of the people. Good work has been done on the budget. There are big announcements for every section," she said.
The budget presentation followed following the recent Lok Sabha elections in which the BJP lost 11 out of 25 seats.
BJP leader Rajendra Rathore says, "The vision of Rajasthan's development till 2047 has been presented through this budget. The biggest capital expenditure till date will result in the creation of assets. If about Rs 44 thousand crore rupees will be spent on Rajasthan's infrastructure, then Rajasthan will be transformed into an advanced state. The work of laying its strong foundation has been done..."