March 2016 ~ RAS Exam 2024 News, Old Papers and discussion forum

Rajasthan Budget 2016-17 Highlights (राजस्थान बजट) : Rajasthan Chief Minister (CM) Vasundhara Raje to present her 3rd annual Budget for year 2016-17 with a plan size of Rs 99,693 crore and fiscal deficit of 5.62 per cent. The budget, which includes the impact of UDAY (Ujwal Discom Assurance Yojna) scheme, projected a fiscal deficit of Rs 43,147 crore, or 5.62 per cent of GSDP. In her budget speech, Raje announced VAT exemptions for solar torches, biomass stoves, kerosene lamps, hurricane lanterns, kerosene wick stoves, kerosene pressure stoves, sugarcane, sattu, marble articles costing up to Rs 1,000, sewing needles, safety matches and camphor, among others. Items made by prisoners in jails were also exempted from VAT, while it was reduced from 5.5 per cent to 2 per cent on all types of yarn. She also kept DLC rates of agriculture, residential and commercial lands unchanged for the next financial year. The revenue deficit in 2015-16 was Rs 5,231 crore because of reduction in revenue due to fall in the rates of crude oil, drop in the state's share in central taxes and increase in subsidy given to power companies. Rajasthan GK App: http://tinyurl.com/rajasthangk

Highlights of Rajasthan Budget 2016-17:

1. Fiscal Indicators

Estimated Revenue Surplus/Deficit for 2016-17

Without effect of UDAY - Surplus of Rs. 198.01 crore
With effect of UDAY - Deficit of Rs. 8801.99 crore

Estimated Fiscal Deficit for 2016-17

Without effect of UDAY - Rs. 23014 crore which is 3% of GSDP
With effect of UDAY - Rs. 43147.24 crore which is 5.62% of GSDP

Estimated total revenue receipts for 2016-17 Rs. 123250.53 crore
Estimated own tax revenue for the year 2016-17 Rs. 53300.01 crore against Rs. 45670.01 crore in the 2015-16 RE, which is higher by 16.71%
Estimated own tax revenue for 2016-17 as percentage of GSDP is 6.95%
Estimated interest payment in 2016-17 is Rs. 17526.63 crore which is 14.22 % of total revenue receipts.

2. Economic Infrastructure Development

2000 kms. of Gramin Gaurav Path and missing links in 2016-17
4303 kms. road construction under PMGSY at the cost of Rs. 1618 crore to connect 1468 habitations with population between 250-350.
Completion of 2702 kms. of renewal of non-patchable roads at cost of Rs. 605 crore. Another 2500 kms. of such roads to be taken up in 2016-17 at cost of Rs. 600 crore.
Rs. 103 crore 94 lac for improvement in Goverdhan and Brij Chorasi Kos Parikrama route in Bharatpur.
Kacha Marg for pilgrims going from Jodhpur to Ramdevra at the cost of Rs. 14 crore 64 lacs.
4 new National Highways declared by GoI this year.
Rs. 300 crore to be spent on improvement on national highway roads passing through populated area where national highway has now made a bypass.
Rs. 5690 crore provision for PWD which is 21.90% more than RE 2015-16
New building of Jodhpur RTO to be constructed at cost of Rs. 9.13 crore, Rs. 120 crore granted to RSRTC for Reformed Linked Programme
Bisalpur Jaipur Water Scheme Phase-II to be constructed at cost of Rs. 1945 crore.
Rs. 213 crore for Sirohi District water supply through Dam on Battisa Nala to be started.
Rs. 100 crore for repairing of 1000 for Janta Jal Yozana
Takeover of more than Rs. 60000 crore of DISCOM debt by State Govt. in two years under Uday scheme.
4283 MW increased in generation capacity in last two years.
Highest production of solar energy in India (1273 MW). Minimum tariff for solar energy.
40,000 new agriculture connections in 2016-17.

Rajasthan GK App: http://tinyurl.com/rajasthangk

3. Tourism and Forest

79% hike in allocation for tourist area development works.
New State Institute of Hotel Management (SIHM) in Sawaimadhopur and Jhalawar and upgradation of Food and Craft Institute to SIHN in Udaipur.
New institute of food and craft institute (FCI) in Dholpur and Baran.
Development of building of Rajasthan Sanskrit Academy in Gangouri Bazar, Jaipur as Vedic Heritage and Manuscript Conservation and Research Centre.
Nagar Van Yojna to be implemented in Jaipur and Ajmer.
100% subsidy for new cooking gas connection for residents of an around Sariska, Ranthambhor and Mukundra Tiger Reserve. 40000 connection to be given next year.

4. Investment and Economic growth

Land bank for industries to be increased to 10000 hectare by RIICO with GIS provision
122 acre green field electronic manufacturing cluster to be setup in Karoli, Alwar.
State to give Rs. 66 crore as shared in CETPs upgradation at Balotra, Pali and Jasol.
Skill development of 11000 youths in textile.
Improvement in single window system. RIPs online portal to be started in all districts.
National Institute of Design to be established in Jaipur. State to give 50 acre free land.
Provision for Rajasthan Leather Handicraft and Modernisation Scheme increased five times.
Rs. 150 crore for medical, environment and road related works in mining area

5. Agriculture and Animal Husbandry

Rs. 2471 crore relief given to farmers for RABI-2015 hailstorm.
Rs. 676.37 crore for new Prime Minister Crop Insurance Scheme.
Global Rajasthan Agritech Meet to be organised in 2016.
Increase in subsidy for Drip, Sprinkler, Mini Sprinkler and Shade net to 50% and 70% for different categories of farmers.
Centre of Excellence in Organic farming at FTI Jhalawar.
Rs. 7205 crore to be given a subsidy to DISCOMs for subsidised power to farmers.
e-Mandi portal for online sale of produce.
1000 new animal health sub-centres. Construction cost of Rs. 80 crore and recurring Rs. 20 crore.
New Bhamashah Animal Insurance Scheme with 50 to 70% subsidy for premium amount payment for different category of Pashupalak.
Rajasthan Water Sector Livelihood improvement project to be implemented in 24 districts at cost of Rs. 3461 crore.
Rajasthan Water Sector Restructuring Project for desert area to be implemented in 8 districts at cost of Rs. 3264 crore.
PARWAN project to be executed at cost of Rs. 4824 crore to benefit Kota, Baran and Jhalawar districts. Provision of Rs. 700 crore next year.
Rs. 128 crore to be spend in next 8 years for hydrological information system
Rs. 370 crore for interest subvention scheme for agriculture crop loan and maintenance of CRAR of three Co-operative banks.

Rajasthan GK App: http://tinyurl.com/rajasthangk

6. Human Resource and Social Development

Expansive social security network developed through PMISY, PMJY, Bhamashah Medical Insurance Scheme, PM Crop Insurance Scheme and new Animal Insurance Scheme.
Increase in mess allowance of SJED, TAD, Minorities Hostels to Rs. 2000 per month per student.
Increase in gift amount for widow remarriage to Rs. 30000.
Running of two 280 capacity residential schools in Barmer from next year Rs. 4.44 crore.
Coaching in Kota and Jaipur for one thousand eligible students for IIM, IIT etc.
6 new residential schools and 5 hostels under Dev Narain Yojana in next 3 years.
Reservation of 3% seats in cinemas for specially abled.
Rs. 75 crore in three years for repairs of govt. aanganbadi.
Rs. 53.79 crore for development works in minority blocks.
Running of 61 Swami Vivekanand Modal Schools from next year.
More than Rs. 1750 crore in 2016-17 under RMSA.
New CM Jansahbhagita School Development Scheme - Rs. 25 crore.
District level evaluation exams for class-V from 2016-17.
State level Sanskrit teachers training institute at Mahapura, Jaipur.
Total allocation of Rs. 23177 crore for School Education which as increase of 14.47% from RE of 2015-16.
Rs. 173 crore for infrastructure development of colleges and universities.
wi-fi in 5 colleges on pilot basis.
Bikaner Technical University to be established.
Increase in 350 MBBS seats in state medical colleges - Rs. 420 crore
Rs. 400 crore for National Food Security Act
1.11 lac youth trained by RSLDC, 40000 youth given campus placement in ITIs govt. technical colleges etc. and 4.74 lac new EPF accounts created in last 26 months.

7. Local Self Governance

Increase in budget for Local Self Government and Urban Development Departments by 33.57% in BE 2016-17 as compared to RE 2015-16.
Jaipur and Udaipur selected as smart cities - provision of Rs. 400 crore in 2016-17.
37 towns to benefit from RUIDP Phase-IV project for sewerage, drainage etc. -Total cost Rs. 4200 crore
Provision of Rs. 73 crore in 2016-17 for completing ongoing sewerages works in 7 towns.
Wi-fi facility to be expanded in selected public areas in Jaipur
Provision of Rs. 15378 crore for Panchayati Raj and Rural Development
Rs. 440 crore for Jal Swavlamban Scheme.
e-panchayat to be started.
Rs. 4.90 crore for infrastructure in 47 new panchayat samiti's offices.
Scheme for fire tenders in Gram Panchayat with more than 15000 population.
Camps at Gram Panchayat Head Quarters.
Rs. 100 crore for Guru Govalkar Scheme.
Rs. 31.50 crore for housing for others selected categories.

Rajasthan GK App: http://tinyurl.com/rajasthangk

8. Digital Rajasthan and Good Governance

Rs. 115 crore for transferring Rs. 2000 to female bank accounts under Bhamashah.
Starting 15000 e-mitra pay points.
389 new bank branches opened till now this year. 500 more to be opened next year
Rs. 163 crore for new construction of buildings under revenue deptt.
Yudha Sewa medal series winners to get cash and land award
1000 subordinate houses to be constructed in 3 years - Rs. 190 crore
new CJ and MM Courts at Malakhera and Jamvaramgarh
Motor Accident Claim Tribunal at Bharatpur

9. Tax Proposals in Budget 2016-17

VAT exemptions for solar torches, biomass stoves, kerosene lamps, hurricane lanterns, kerosene wick stoves, kerosene pressure stoves, sugarcane, sattu, marble articles costing up to Rs 1,000, sewing needles, safety matches and camphor, among others.
Instead of multiple forms, a single unified online form for registration and return for all the taxes.
SBI e-pay Gateway is now linked to e-GRAS (Government Receipt Accounting System) by which payment can be made through 35 banks instead of 8 banks earlier.
Items made by prisoners in jails were also exempted from VAT, while it was reduced from 5.5 per cent to 2 per cent on all types of yarn.
Reduction in VAT from 14.5 per cent to 5.5 per cent on all types of plastic goods, pickles, measuring tape, carpets, electric switchgears, SD cards, memory cards, pen drives and health fitness equipments.
VAT of 5.5 per cent on semi-stitched garments, 5.5 per cent on guar gum and guar gum powder, 15 per cent increase on all types of cigarettes, increase of 2 per cent in luxury tax on all hotels, except heritage hotels of basic and classic categories having a tariff of more than Rs 10,000.
DLC rates of agriculture, residential and commercial lands unchanged for the next financial year.

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Current Affairs for March 2016- Daily Updates:
EESL Distributed 7 Crore LED Bulbs till 29th February 2016. EESL stands for ?
A. Energy Efficiency Services ltd
B. Energy Efficiency System ltd
C. Economic Energy Services ltd
D. Economic Environment Services Ltd
Answer: A

Who is appointed New Police Commissioner of Delhi ?
A. Arvind Verma
B. Ahmed Javed
C. Alok Kumar Verma
D. Ajay Lamba
Answer: C

Rajasthan Chief Minister (CM) present Budget for year 2016-17 with a plan size of .......... Crore ?
A. Rs 99,693 Crore
B. Rs 102,693 Crore
C. Rs 43,147 Crore
D. Rs 91,600 Crore
Answer: A

Explanation: Rajasthan Chief Minister (CM) Vasundhara Raje present her 3rd annual Budget for year 2016-17 with a plan size of Rs 99,693 crore and fiscal deficit of 5.62 per cent. The budget, which includes the impact of UDAY (Ujwal Discom Assurance Yojna) scheme, projected a fiscal deficit of Rs 43,147 crore, or 5.62 per cent of GSDP.

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