The Ashok Gehlot government of Rajasthan, which is struggling with a debt burden of nearly 3.5 crore rupees is now preparing to cut the budget provisions. The government's economic situation deteriorated further due to the Corona crisis. Due to the lockdown, the revenue received by the state government in two months has come down by Rs 10,000 crore. Watching the possibility of this decrease going forward, the Gehlot government has started exercising to increase income as well as cut budget announcements.
On the instructions of the Chief Minister, officials of the Finance Department are busy in the exercise of revenue increase. Instructions have been given to the heads of the Excise, Stamp and Registration and Transport Department for revenue raising for the government and the responsibility of the officers should be fixed for recovering the submerged amount as well as earning more revenue. The Chief Minister has asked the Chief Secretary DB Gupta to get in touch with the Central Government for taking part amount in various items including GST from the Center. Gupta has asked that he should keep in touch with the cabinet secretary and finance secretary and try to get maximum money.
The state government has taken a loan of 2750 crores as per requirement. To deal with the Corona crisis, a loan of Rs 13 thousand 637 crore can be availed anytime in the next 9 months. Officials of the Finance Department say that the Chief Minister has already announced a package of 2.5 thousand crores to deal with the Corona crisis. According to the norms set by the Reserve Bank, the state government can take loans up to Rs 16 thousand 387 crore. Also took a loan of 2750 crores. In such a situation, if there is a loan at the time of need, then the state government will get a lot of help in dealing with the Corona crisis. The government wants the Center to give a separate loan without interest.
