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Rajasthan's fiscal deficit worsened in Congress regime: Raje

Jaipur: Newly-elected Rajasthan Chief Minister Vasundhara Raje today asserted that improving the state's economy will be her top priority, saying fiscal situation had worsened in the previous Congress regime with the deficit touching 2.48 per

PTI Published : Dec 23, 2013 21:21 IST, Updated : Dec 23, 2013 21:29 IST
rajasthan s fiscal deficit worsened in congress regime raje
rajasthan s fiscal deficit worsened in congress regime raje

Jaipur: Newly-elected Rajasthan Chief Minister Vasundhara Raje today asserted that improving the state's economy will be her top priority, saying fiscal situation had worsened in the previous Congress regime with the deficit touching 2.48 per cent of GDP in 2013-14.


“Fiscal deficit was 6.6 per cent of gross domestic product (GDP) in 2003-2004, and by end of 2007-2008 it was reduced to 1.75 per cent of GDP,” she said presenting the Vision Document-2020 for the state.

“This fiscal deficit is gradually increasing since 2008 and it has touched again 2.48 per cent of GDP in the current fiscal year 2013-14,” she said in an indirect attack on Ashok Gehlot-led Congress government.

The government debt and securities was Rs 84,000 crore in 2008, now in the current financial year it is Rs1,31,000 crore, she said.

During the previous five years of Congress government, the state earned hundreds of crore of rupees from oil exploration, and the power companies' debt also went up three times in last regime, she said.

In the Vision-2020 document, she said everyone in the government, whether a minister, MLA, or bureaucrats, should work unitedly as a team.

The state government would work on eradicating poverty, unemployment and fulfill the dreams of youth, she said.

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