Wed Feb 19 13:43:11 UTC 2025: ## Rajasthan Unveils ₹3.25 Lakh Crore Budget, Promises 1.25 Lakh Jobs and Increased Free Electricity

**Jaipur, India** – The Rajasthan government today presented a ₹3.25 lakh crore budget for the fiscal year 2025-26, projecting a revenue deficit of ₹31,941 crore. The budget focuses heavily on industrial growth and job creation, with significant allocations across various sectors.

Key highlights of the budget include:

* **Massive Job Creation:** The government announced the creation of 1.25 lakh new jobs across government departments and state-run enterprises in the coming year.
* **Boost to Industries:** The budget allocates funds for the development of several industrial parks, including toy parks, stone parks, textile parks, and pharma parks. It also emphasizes the creation of a Global Capability Center (GCC) to further boost employment. The government plans to develop industrial zones based on “flatted factory” and “plug and play” models, simplifying the setup process for businesses. A new Rajasthan Trade Promotion Policy will also be implemented.
* **Increased Free Electricity:** The existing free electricity provision of 100 units will be increased to 150 units.
* **Infrastructure Development:** ₹60,000 crore has been earmarked for the construction of nine greenfield expressways. Furthermore, ₹150 crore will be allocated to upgrade infrastructure in existing industrial areas. A ₹5 crore hub will be built in Akolai, Chittorgarh, to promote hand-printing.
* **Investment Facilitation:** The government aims to expedite the implementation of investment proposals received during the Rajasthan Rising Summit. “Flatted factories” will be established in Jaipur (Bichun) and Bhiwadi (Khairthal-Tijara) industrial areas to support businesses.

Finance Minister, Diya Kumari, stated that Rajasthan is now a major hub for economic and commercial activities, alongside its rich cultural heritage. The budget aims to solidify this position through targeted investments and streamlined processes for investors. The establishment of a toy park in Kota is a notable example of this strategy, adding another dimension to the city’s identity beyond its renowned coaching centers.

The budget, while ambitious, faces the challenge of addressing the projected revenue deficit. The success of its industrial promotion initiatives and job creation targets will be key to its overall effectiveness.

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