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Inland Waterways Authority of India (IWAI)
Inland Waterways Development Council
Source: BL
Source: TH
Source :TH
Source: PIB
Source: DD News
Finance Commission: Constitutional Mandate
Source: IE
Economic Datasets for Calculation of GDP
Do You Know? India compiles its GDP estimates in line with the 2008 System of National Accounts (SNA 2008). It is the internationally accepted statistical framework. With the United Nations Statistical Divisiontransitioning to SNA 2025- expected to be adopted globally around 2029–30- India intends to align with the updated standard in its next base year revision.
Do You Know?
Source :PIB
Judicial Corruption in India
Constitutional Position of Judiciary in India
Key Institutional Concerns
Why in the News?
Key Points:
=> Macro-Economic Aggregates: According to provisional data, the state’s Gross State Domestic Product (GSDP) is placed amongst the leading states in terms of size and growth, reinforcing its role in the broader national economic framework.
=> GSDP Growth: The Gross State Domestic Product at current prices is estimated at ?18.75 lakh crore, a growth of 10.24% over the previous year.
=> Per Capita Income (PCI): Current Prices: ?2,02,349 (Crossed the ?2 lakh milestone). Constant Prices: ?1,03,189.
=> Inflation (CPI): Rajasthan’s inflation remained stable at 4.8%, slightly below the national average, attributed to efficient supply-chain management in the agriculture sector.
=> Fiscal Deficit: Managed at 4.3% of GSDP, reflecting a commitment to the revised FRBM (Fiscal Responsibility and Budget Management) targets while maintaining high capital expenditure.
=> Tax Revenue: Significant increase in State GST (SGST) collections due to the "Mission Digitization" of tax compliance.
=> Sectoral Composition of GSVA:The structural shift in the economy is evident in the Gross State Value Added (GSVA) at current prices:
=> Services (47.7%): The services sector contributes the largest share to the state’s GSVA, driven by tourism, hospitality, financial services, IT-enabled services and logistics.
=> Tourism remains a growth engine, leveraging Rajasthan’s cultural heritage and connectivity improvements. The dominant sector, fueled by a post-pandemic surge in tourism and the "FinTech" initiatives in Jaipur and Jodhpur.
=> Industry (26.5%): Industrial sector performance has strengthened, supported by MSMEs, investment in industrial parks and the implementation of industrial promotion policies.
=> Rajasthan has been focusing on expanding its manufacturing base, renewable energy industries and downstream sectors, leveraging its strategic location and resource endowments.
=> Driven by the MSME Policy 2024 and Rajasthan’s lead in stone, cement, and hydrocarbon production.
=> Agriculture (25.7%): Agriculture remains a significant contributor, both in terms of employment and value addition, though its share in the GSVA has moderated compared to services.
=> Despite its lower share compared to Services, it employs over 60% of the population.
=> Foodgrain production reached 283.98 lakh MT.
=> The agricultural sector continues to be the backbone for rural livelihoods, even as diversification into allied activities such as horticulture, animal husbandry and fisheries gains traction under state schemes.
Key Pillars of "Viksit Rajasthan @2047":The Review highlights strategic focus areas like-
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It has evolved through five phases, shifting from basic awareness to comprehensive prevention, testing, treatment, and sustainability.
Source: AI
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