Rajasthan Budget 2024

• 10 Jul 2024

Why in News?

Recently, Rajasthan's state finance minister Diya Kumari has unveiled the comprehensive Budget for the fiscal year 2024-25.

Key Points

• Under Jal Jeevan Mission Projects, Rs 20,370 crores will be allotted for six projects covering 5,846 villages.
• Rs 5,180 crores for projects in 185 urban settlements over the next two years, under the Amrut 2.0 Projects.
• Rs 187 crores for small projects, including the construction of service reservoirs and pipelines in Ajmer.
• Generation target increased to 33,600 MW.
• Lok Parivahan Sewa will be implemented to improve rural connectivity.
• 208,000 homes to receive connections within two years; PM Suryaghar Yojana to create model solar villages; 2.5 million smart meters to be installed to prevent electricity leakage.
• Modern shelters and charging stations in major cities; 300 electric buses to enhance public transport.
• Rs 60,000 crores for new road projects, including bypasses, state highways, and infrastructure enhancements; Rs 9,000 crores for road repairs, railway bridges, underpasses, and beautification projects.
• Introduction of New Industrial Policy 2024 and a New Export Promotion Policy, 2024.
• Nine greenfield expressways with a total length of over 2750 km will be constructed. 
• A budget of Rs 650 crores has been allocated for setting up 71 solid waste processing plants in cities, 131 legacy waste management centers, and for implementing vehicle tracking systems and Radio-Frequency Identification (RFID) technology to improve waste collection management.
• A budget of Rs 100 crore has been allocated for the Jaipur Walled City Heritage Development Plan, which is intended to preserve monuments and the United Nations Educational, Scientific and Cultural Organization Heritage site.
• Under the "One District One Product" initiative, a new policy will be introduced. Annually, a budget of Rs 100 crore will be allocated for this purpose. 
  • To promote local products, incentives will be provided under the "Vocal for Local" scheme.