Wednesday, June, 03,2026

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Analysis of reduction in revenue deficit and strong foundation

The Economic Survey of India 2025-26 presents a comprehensive perspective on the country’s economic situation. The survey pays special attention to the economic condition of states, highlighting the progress of states like Rajasthan. Rajasthan, known for its rich cultural heritage and natural resources, has made remarkable progress on the economic front in recent years. According to the survey, the state has strengthened its economic foundation by reducing the revenue deficit, which not only reflects the state’s financial health but also reinforces its contribution to national economic growth. This editorial focuses on these key issues from the survey, analyzing the reduction in revenue deficit, the strength of the economic foundation, and related aspects. We will examine how Rajasthan has taken steps toward sustainable development while facing challenges.

First, let us consider the reduction in the revenue deficit. According to the Economic Survey 2025-26, Rajasthan has controlled the deficit by strengthening its revenue receipts. As per the Rajasthan Budget Analysis 2025-26, the revenue deficit is estimated at 1.6% of GSDP (Gross State Domestic Product), which is lower than the revised estimate of 1.9% for 2024-25. This reduction reflects a deficit of approximately Rs 31,009 crore, compared to Rs 31,939 crore earlier. This progress is the result of the state government’s efficient financial management. The survey notes that the combined fiscal deficit of state governments has remained stable around 2.8% of GDP post-pandemic, but states like Rajasthan have improved it further. The main reasons for the reduction in revenue deficit include an increase in tax collection, strengthening of GST receipts, and expenditure control. For example, GST collection in the state registered a 6.7% growth from April to December 2025, which is in line with nominal GDP growth.

This reduction not only provides financial stability but also allows the state to focus more on capital expenditure. The survey states that the central government’s capital expenditure has increased fourfold since 2018, reaching Rs 11.21 lakh crore in 2026, and states are also contributing in this direction. In Rajasthan, the contribution to Gross State Value Added is 26.92% from agriculture, 27.16% from industry, and 45.92% from services, reflecting balanced development. The reduction in revenue deficit has enabled the state to spend on free schemes, as mentioned in newspapers that Rs 1.7 lakh crore was spent on free schemes in the last five years, yet the deficit remained controlled. This shows that the state has maintained fiscal discipline while making its economic policies people-oriented.

Now, let us discuss Rajasthan’s strong economic foundation. The Economic Survey 2025-26 estimates India’s overall growth rate at 7.4% for 2026, in which the role of states is crucial. Rajasthan’s GSDP is estimated to reach Rs 19.89 lakh crore in 2025-26, reflecting a 16.7% growth rate at current prices. Per capita income has reached Rs 1.85 lakh, marking an 11.04% increase. This strong foundation is based on the state’s diverse economy. In the agriculture sector, the state has increased productivity through technological interventions, while in industry, there has been expansion of MSMEs and large-scale manufacturing units. The survey mentions that state governments have maintained capital expenditure around 2.4% of GDP, and Rajasthan has contributed to this.

Renewable energy is strengthening Rajasthan’s economy, with the state leading in solar and wind power and aligning with national goals. Rajasthan is also contributing to India’s leadership in greenfield digital investment. Growth in tourism, IT, and financial services has boosted the services sector. Backed by the Rising Rajasthan Global Investment Summit 2024, the state aims to become a $350 billion economy by 2029, despite climate, global, and post-pandemic challenges.

The survey also highlights other issues related to Rajasthan’s progress. For example, investment in education and health. The survey considers education as the basis of human capital, and Rajasthan’s literacy rate is 66.1%, which is lower than the national 73%, but the state has made efforts to improve it. In health, the birth rate is 23.5 per thousand, death rate 5.6, and infant mortality rate 32, which is better than the national average. Expenditure on social services has reached 7.9% of GDP in 2026. Keeping in mind the Scheduled Caste (17.8%) and Scheduled Tribe (13.5%) population, the state has adopted 10 resolutions for inclusive development, such as growth, inclusion, and sustainability.

However, there are challenges as well. The survey mentions pressure on state finances, where the combined fiscal deficit has reached up to 3.2%. In Rajasthan, water crisis, regional inequalities, and agricultural dependence are challenges. But the state has adopted policies to address them. Development of smart cities, industrial clusters, and digital infrastructure will prove to give the state a new direction. The survey states that states like Chhattisgarh, Mizoram, Rajasthan, etc., have adopted third-party inspection mechanisms for building plan approvals, which enhances ease of doing business.

In conclusion, the Economic Survey 2025-26 portrays Rajasthan’s economic progress positively. The reduction in revenue deficit and strong foundation are leading the state toward sustainable development. This is not only the state’s success but also a contribution to the national economy. The government should focus on challenges while maintaining these successes. Better results can be achieved through water management, skill development, and environmental protection. Rajasthan’s future is bright if policies remain people-centric and innovative. This survey reminds us that economic development is not just a game of numbers, but a means of people’s prosperity.

THE VIEWS EXPRESSED BY THE AUTHOR ARE PERSONAL

Dr Surendra Singh, The writer is the state spokesperson of Rajasthan BJP

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Daily Astro

03-06-2026

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Aries

Ganesha says it will be an important day for you, Aries. Your energy and confidence are ready to take you to new heights. Today you will be able to express your thoughts with clarity, which will increase your communication skills. New opportunities may arise in the working areas, which you have to be ready to take advantage of. In social life, you can make new meetings, which will prove beneficial for you in the future. This day will be good for solving family issues, and you will be able to establish better relations with your close ones. In the field of health, take care of your routine and resort to yoga or meditation to relieve mental stress. Controlling your expenses will be a smart move, as any sudden financial need may arise. Overall, this day is for you to stay positive, just use your insight and energy properly.

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Pisces

Ganesha says it is going to be a positive day for you. Your sensitivity and intuition will flourish today, allowing you to establish better connections between yourself and others. It is time to connect with someone or refresh old memories. Try to communicate with people close to you, as it will strengthen your relationships. In the field of work, your creativity will be cyclical today. If you are working on a project, your ideas will be new and full of innovation. Do not be afraid to share your ideas, it will give you positive feedback from your colleagues. In terms of financial condition, avoid any big investments. Small expenses will prove to be justified but think well before making any big decisions for the long term. In terms of health, focus on a balanced diet and regular exercise. For mental health, practicing meditation or yoga will help keep you stress-free.

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Aquarius

Ganesha says new opportunities are likely to open up for you. You will be in a position to take your creative abilities to new heights. This is the time to share your ideas and make new plans. Your friends and family will support your ideas, so it will be beneficial to take their advice into account. Positive changes are possible in business. This is the right time to work on an important project. You will get an opportunity to use your skills and knowledge properly. But, be careful; in some cases, you will need to control your emotions. In personal life, relationships will deepen. You will try to spend more time with your loved ones. This is a good time for love and companionship. Enjoy emotional moments that will make your relationships stronger. Be health conscious. Dedication to yoga and meditation will give you mental peace. These activities will keep not only your body but also your mind active. Overall, today will be full of possibilities for you. Stay committed to your dreams and work on them.

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Capricorn

Ganesha says your day is full of some new possibilities. You will experience grace and stability in your actions. This is the time to focus on your goals and work with determination to pursue your plans. You are likely to get success in your work, especially if you maintain your hard work and dedication. Positive changes can also be seen in your relationships. You will get a chance to spend time with family and listen to them, which will increase mutual understanding and depth. Focus on communication, as it will make your relationships stronger. However, it is also time to make monthly plans. Take care of your financial matters and try to save. This is the time when you can take concrete steps for your future. Your health condition is likely to remain normal but take some rest. Maintaining a mental balance will be important for you. Stay positive and keep faith in your actions!

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Sagittarius

Ganesha says today will be full of new possibilities and positive energy for you. You will feel a rise in your confidence, which will keep you open to new opportunities. This is the right time to make an important decision. Your spirituality and intuition will be strong, which will enable you to understand and face difficulties. Spending time with friends and family will awaken a sense of happiness and satisfaction in your mind. Relationships with colleagues at work can take a new direction. Cooperation and communication will help solve problems. If you face an obstacle or challenge, remember that you can overcome it. In terms of health, you may need to make a little improvement in your routine. Regular exercise and a balanced diet will give you freshness and energy. Strengthening social relationships and contacting new people will also be beneficial today. This is the time for self-growth and positive change for you, so recognize the energy within you and use it properly.

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Scorpio

Ganesha says today will be full of enthusiasm and energy. You will move towards achieving your goals, and your hard work will pay off. Social life will also be active; you will get a good chance to spend time with friends and family. In terms of health, take a little caution. Focusing on meditation and exercise will help reduce mental stress. This is also a good time to take up a new hobby, which can unleash your creativity. Take wise steps in terms of money. Make informed decisions while investing. For potential financial gains, take a look at past projects again. Your career is showing good signs of progress. Your ideas may be appreciated at the workplace, which will increase your confidence. Still, some issues may require restraint. Overall, today will prove to be positive and auspicious for you. Spend it with pride with your loved ones.

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Libra

Ganesha says today will be a very auspicious and positive day. You will get a chance to clarify your thoughts, which will bring stability to your personal and professional relationships. Your communication skills will increase, and this will open the doors of new possibilities for you. Your creativity and aesthetic sense will be especially strong today. If you are associated with any art or design, your work will be appreciated. This is the right time to express your feelings. If you are confused about a decision, trust your intuition; it will show you the right path. In terms of health, small changes can make your life better. Focus on regular exercise and a balanced diet. In love and relationships, a new understanding will develop, which will strengthen the mutual bond even more. Overall, this day is a sign of positive changes and new beginnings for you. Stay focused on your goals and recognize your inner strengths.

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Virgo

Ganesha says today is a suitable day to highlight your cognitive abilities and business skills. Today, you will be full of clarity and precision in your actions, which will increase your value among your colleagues and superiors. There is a possibility of bringing some changes to your routine, which will bring positive results for you. This is a good time to improve relations with family members. Try to resolve any old disputes, and keep communication open. In terms of health, meditation and yoga will bring mental peace. Also, take some time out of your routine for exercise. From a financial point of view, this is the right time to make a good plan for the right investment. Take a good look at the options available to you and make a wise decision. Overall, today will prove to be a day of new possibilities and positive changes for you. Be full of confidence and stay focused on your goals.

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Leo

Ganesha says today will be a day full of energy and inspiration. Your confidence will increase and your thoughts will come out with clarity. On this day, you will be able to see some new possibilities in your career, which will bring you hard work. Mutual understanding and harmony will increase your relationship, which will create a happy atmosphere among the family. This is a great time to express your thoughts clearly, so do not hesitate to communicate with your partner or friends. It is important to be health conscious, a little exercise and meditation will maintain your mental and physical health. Overall, this day will bring activity and positivity for you, so make the most of all the opportunities!

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Cancer

Ganesha says it will be a day of information and communication for you. Your mind will be full of ideas and you will be able to express your ideas well. There is a possibility of some new opportunities in professional life, which can prove beneficial for you. It is a good time to strengthen relationships with your colleagues, so work together at the workplace. Your emotional state will also be strong. Time spent with family will give you satisfaction. If you have any old problem going on, then the right time is coming to solve it. However, you need to keep your emotions under control, so that you do not get agitated over small things. In terms of health, try to practice yoga and meditation. It will empower you both mentally and physically. Take informed decisions in financial matters; do not rush into any investments. In summary, this day will be all about communication and cooperation, which will lead to positive changes for you.

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Gemini

Ganesha says there will be a new energy and freshness in your thoughts, which will make your personality even more attractive. Social contacts are likely to increase, which will expand your network. You will be inspired to spend blissful time with your friends and family. Some positive changes can also be seen in the business sector. The results of your hard work will gradually start coming, and this will motivate you to move forward. Keep in mind that while sharing your ideology, work with empathy, this will strengthen your relationship with colleagues. It is important to be health conscious. A little attention and relaxation will give you mental freshness. Practicing yoga or meditation will be beneficial for you. This day will be full of positivity and new possibilities for you. Express your mind openly and do not hesitate to adopt new ideas.

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Taurus

Ganesha says it will prove to be a positive day for you, Taurus. You will feel energetic and full of confidence. The time has come to reap the fruits of your hard work and efforts. The workload may stress you for a while, but you will face all the challenges recognizing your strengths. Sweetness will also remain in your relationships. Spending time with your family and friends will be a source of joy for you. Conversation with someone special can give you a new vision and promote mutual understanding. A special occasion may be organized among friends or family, which will bring happiness and harmony to you. Moments spent with loved ones will give you mental peace. It is important to be health conscious. A little exercise or yoga will give peace to your mind and energy to your body. Your day will be full of happiness and positivity, just keep your thoughts and emotions balanced.

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03-06-2026