Rajasthan Budget 2022-23

Why in News?

=> Rajasthan Chief Minister Ashok Gehlot presented the Rajasthan budget for the year 2022-23 in the Legislative Assembly.

Key Points:

=> Following are the salient features of the Budget Estimates for the year 2022-23-

• The budget estimates for the year 2022-23 have revenue receipts of Rs 2 lakh 14 thousand 977 crore 23 lakh.
• In the budget estimates for the year 2022-23, there is a revenue expenditure of Rs 2 lakh 38 thousand 465 crore 79 lakh.
• The revenue deficit in the budget estimates for the year 2022-23 is Rs 23,488 crore 56 lakh.
• The fiscal deficit for the year 2022-23 is Rs 58,211 crore 55 lakh, which is 4.36 percent of the GSDP.

=> Other salient features of Rajasthan budget 2022-23 are-

• Announcement to implement Indira Gandhi Urban Employment Guarantee Scheme for employment in urban areas.
• Free 50 units of electricity to all 118 lakh domestic consumers on consumption of up to 100 units per month.
• Under 'Chiranjeevi Yojana', the medical insurance amount per family per annum has been increased from Rs.5 lakhs to Rs.10 lakhs.
• Announcement was made to implement 'Chief Minister Chiranjeevi Accident Insurance Scheme'. Under this scheme there will be accident cover up to Rs.5 lakh.
• The Road Safety Act will be brought and the formation of Rajasthan Public Transport Authority is proposed. Along with this, the State Road Safety Institute will be established in Jaipur.
• Under the Agriculture Budget, for 2022-23, a total amount of Rs 78 thousand 938 crore 68 lakh including the consolidated fund, state's own resources of autonomous, cooperative and other institutions has been made for agricultural development and welfare of farmers.
• Under the agriculture budget, the amount of Mukhyamantri Krishak Sathi Yojana has been increased from Rs. 2 thousand crores to Rs. 5 thousand crores. There are 11 missions under this scheme.