Rajasthan Economic Review 2024-25 provides the state's complete annual review of economic performance, together with reports about sector development and financial planning. This document, produced by the Directorate of Economics and Statistics from the Government of Rajasthan, delivers extensive information about Rajasthan's economy, together with its expansion patterns and sectoral performance, along with governmental support measures. Aspiring RAS candidates must treat the Economic Review as their vital foundation by using its data to succeed in both RAS Prelims and RAS Mains. The following blog provides a structured breakdown of the 2024-25 review analysis, which helps readers prepare effectively.​

Economic Overview: Growth and Projections

The Rajasthan Economic Review 2024-25 displays promising economic statistics for the state which show significant improvements across various economic metrics.

Gross State Domestic Product (GSDP)

The forecast for Rajasthan's Gross State Domestic Product during fiscal year 2024-25 stands at ₹17.04 lakh crore, showing a substantial 12.02% increase over last year's value of ₹15.22 lakh crore. The state demonstrates strong economic performance against global and regional challenges through its reliable growth rate. The state of Rajasthan predicts an 11.04% rise in per capita income that will bring it to ₹1,85,053 at current prices. The rising per capita income measurement demonstrates better economic prosperity and standard of living for all residents of the state.

Sectoral Contributions to Gross State Value Added (GSVA)

The state possesses a diverse economic structure that generates the following components in Gross State Value-Added (GSVA);

• Services: The Services sector creates the most substantial portion of GSVA by representing 45.92%. The economic expansion of Rajasthan is sustained by the fast-paced development of tourism and educational, and information technology sectors.
• Industry: Industrial activities account for 27.16% of Gross State Value Added in Rajasthan. Rajasthan's economy heavily depends on these sectors because they construct physical infrastructure, yet also extract vital minerals from the ground.
• Agriculture: Agricultural activities maintain their status as the prime economic foundation of Rajasthan since they provide 26.92% to the GSVA. The agricultural sector has maintained its resilience against water scarcity challenges to achieve growth in food grain production, notably wheat, along with pulses.

Agriculture and Rural Development

The agricultural sector stands as a primary economic driver in Rajasthan since many citizens participate in farming or agriculture-connected business operations. The Rajasthan Economic Review 2024-25 presents an analysis of agricultural development trends, which includes both positive trends and sector-specific hurdles, and examines fundamental governmental programs helping farmers.

Growth Perspectives in the Rajasthan Agricultural Sector

• Food Grains Production: The projected food grain production of the state for 2024-25 stands at 267.67 lakh metric tonnes which presents a strong 10.67% growth over the previous year's numbers. The growth in production stems from beneficial weather patterns along with official programs that help farmers increase crop yields.
• Oilseeds: The projected output of oilseeds for 2024-25 amounts to 96.17 lakh metric tonnes indicating a 4.99% decrease from the 101.22 lakh metric tonnes produced last year. Rajasthan continues as a primary oilseed producing state of India because it leads production of both soybean and groundnuts despite overall production decline.
• Sugarcane: The projection for 2024-25 sugarcane yield stands at 4.40 lakh metric tonnes, which represents a 21.21% increase from the previous year's total of 3.63 lakh metric tonnes. The increase in sugarcane cultivation demonstrates that farmers see great potential in growing this crop within areas that have enough irrigation.
• Cotton: The projection indicates a 29.61% decrease for cotton production, leading to 18.45 lakh bales by 2024-25, but this falls from the previous year's total of 26.21 lakh bales. The decrease in production stems from two main causes, including limited water resources alongside market price instability.

Government Initiatives

The Rajasthan government operates several welfare programs to help farmers while boosting agricultural production, together with rural progress initiatives.

• Chief Minister Seed Swavalamban Yojana: A total of 19,836 quintals of Kharif seeds, along with 42,000 quintals of Rabi seed,s have been delivered under this scheme. The program delivers superior seeds to agricultural producers through accessible pricing, which produces outstanding harvests.
• Pradhan Mantri Fasal Bima Yojana: Farmer protection through this crop insurance continues to provide them financial coverage when their crops are lost due to natural disasters. The financial aid from crop insurance claims distributed during 2024-25 reached ₹2,777 crore to eligible farmers who needed stability.
• Mukhyamantri Kisan Samman Nidhi Yojana: The government of Rajasthan provides ₹2,000 annually to eligible farmers as a part of its farmer support initiative through this scheme. About ₹1,400 crore was dedicated by the government to distribute funds without delay.
• Samman Pension Scheme for Small and Marginal Old Farmers: This scheme helps farmers cope financially by granting aid to older adults who mainly own small tracts of farmland. The sprinkler irrigation scheme covers 56,727 hectares and achieved better water efficiency through ₹123.79 crore government investments by December 2024. The scheme works to make agriculture sustainable through enhanced irrigation infrastructure development.

Industrial Development and Investment Promotion

The industrial sector of Rajasthan is determined to be on a positive trajectory, displaying strong growth projects seeking significant investment initiatives. The Rajasthan Economic Review 2024-25 provides useful insights into the ongoing development of the sector, which contributes to the ongoing development 

Industrial Growth

The industrial sector in Rajasthan shows strong potential to expand throughout the next few years. The forecast shows that industry GSVA (Gross State Value Added) will expand by 5.77% when using constant (2011-12) prices. The rapid expansion stems from leading economic sectors that include manufacturing, along with mining and construction activities. Forecasted data indicates that the industrial sector GSVA will expand from ₹1.36 lakh crore during 2011-12 to ₹4.26 lakh crore by 2024-25 with an annual growth rate of 9.17% based on current price valuation. The expanding industrial sector reveals Rajasthan's strengthened foundation, which will boost its substantial economic growth potential.

The industrial sector expansion drives economic expansion and generates workforce opportunities and supports infrastructure growth and state-market competitiveness at national and global levels.

Investment Initiatives

Rajasthan’s government actively works to develop conditions which help both industrial expansion and investment attraction. The 'Amrit Global Technology and Application Center' will be built according to the Rajasthan Economic Review 2024-25 plans in Jaipur.

This advanced establishment, worth ₹200 crore, aims to generate investment opportunities from international businesses. The center will function as an important facility for developing and applying technological solutions while enabling local businesses to integrate advanced technologies within their operational frameworks. The government of Rajasthan strives to develop a robust industrial ecosystem that will challenge worldwide markets as well as spur economic growth.

The state works actively to draw international investments because it wants to establish itself as a primary industrial center, emphasizing technology manufacturing and research facilities. The Amrit Global Technology and Application Center combines with other initiatives to establish a diversified industrial economy, which will drive long-term economic development for Rajasthan.

Healthcare and Social Welfare

The Rajasthan Economic Review 2024-25 demonstrates how healthcare initiatives have expanded medical services while improving care quality to enhance social welfare throughout the state. The government demonstrates its dedication to public well-being while facing major health challenges through these various initiatives.

• Ayushman Bharat Health Account (ABHA): Rajasthan has successfully generated 6.20 crore ABHA IDs through its participation in the national health insurance scheme. The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (PMJAY) cashless healthcare services require these IDs for access so more people can receive the country's largest health insurance benefits.
• Health Records Linking: The ABHA database now links 88.67 lakh health records, which store comprehensive treatment details. The digital connection between health systems heightens medical service efficiency and maintains continuous healthcare management and better wellness tracking abilities.
• Chief Minister Free Nirogi Rajasthan Scheme: This healthcare plan, initiated for Rajasthan, started delivering no-cost medical services to community members while shaping the public health picture. The initiative issued 14.93 crore medical services to patients between December 2024 and generated ₹1,221.76 crore worth of costs. The scheme extends its coverage to various health services from diagnostics to treatment and consultation services, thus extending better healthcare access across all communities.
• Rajasthan Government Health Scheme (RGHS): The RGHS maintains its essential role in protecting healthcare benefits to state families while handling 130.72 lakh claims and spending ₹2,370.82 crore. Currently, 13.65 lakh families benefit from this healthcare scheme. The inclusive healthcare system provides both expedient and inexpensive medical care for families.
• Reduction in Infant Mortality Rate (IMR): Rajasthan has achieved notable advancements in its programs for maternal and child healthcare improvement. The statistics show Infant Mortality Rate (IMR) has registered a decline from 41.3 during NFHS-4 to 30.3 according to NFHS-5 measurements per 1,000 live births. The success of government initiatives dedicated to neonatal care enhancement and maternal health improvement is responsible for this positive outcome.
• Decline in Maternal Mortality Ratio (MMR): The Maternal Mortality Ratio (MMR) shows lower values as it dropped from 141 (SRS 2017-19) to 113 (SRS 2018-20) per 1,00,000 live births. Better prenatal and postnatal medical treatments received by women have led to reduced mortality rates in childbearing women.

Tourism and Infrastructure Development

The tourism sector of Rajasthan functions as a main generator of economic development because it showcases the state's deep cultural heritage. Industrial and financial activities in Rajasthan receive increased emphasis in the Rajasthan Economic Review 2024-25 and multiple programs exist to develop tourism infrastructure while safeguarding historical sites across the state.

• Contribution to Gross State Domestic Product (GSDP): Rajasthan’s economic performance benefits significantly from tourism activity, which comprises 5.6% of the Gross State Domestic Product (GSDP). Tourism maintains a major economic position in Rajasthan because it represents 5.6% of the Gross State Domestic Product. Rajasthan maintains its status as a leading tourist destination throughout India because of its famous locations, including Jaipur and Udaipur, as well as Jodhpur and Jaisalmer, which attract national and international tourists.
• Proposed New Tourism Policy: Rajasthan aims to enhance its tourism sector by implementing a new proposed tourism policy. This policy aims to advance the industry through both novel approaches to service development and infrastructure improvement, as well as better sectoral business procedures. Additional employment will emerge from this policy while drawing increased investments, which in turn positions Rajasthan as an international tourism center.
• Rajasthan Tourism Development Board (RTDB): The creation of the Rajasthan Tourism Development Board represents a major advancement for promoting tourism activities throughout the state in a unified manner. RTDB devotes itself to complete infrastructure development of the tourism sector while making improvements to transportation systems and hotel facilities, and service standards. As a primary objective, the board works to strengthen tourism services while establishing future-oriented development patterns for tourism businesses.
• Rajasthan Heritage Conservation and Development Authority (RHCD): The Rajasthan Heritage Conservation and Development Authority has been formed to maintain the state's valuable cultural treasures. The authority, which was established for protecting and promoting Rajasthan's historical structures, maintains its official status under Government Order No. 166;376 MM-4, dated 9-12-2004. Through historical site maintenance efforts, the RHCD works to defend architectural heritage while enhancing cultural tourism in the state.

Relevance for RAS Aspirants

RAS aspirants must grasp Rajasthan's economic structure because the Rajasthan Economic Review 2024-25 presents vital data about the state's development alongside its vital sectors and governmental strategies appearing frequently in both RAS Prelims and Mains assessments. The review enables candidates to answer questions about Rajasthan’s economy and delivers statistically supported data, which enhances their capabilities to create thorough analytical responses in the Mains examination.

Prelims Examination

• Economic Indicators: The General Studies paper tests candidates with questions about Rajasthan's Gross State Domestic Product (GSDP) and sectoral GSVA contributions, along with growth projections. Knowledge about GSDP alongside the growth trajectory of individual sectors serves as fundamental information for analyzing Rajasthan's ongoing economic pattern.
• Government Schemes and Initiatives: The economic review contains essential information about welfare and development schemes, including the Chief Minister Free Nirogi Rajasthan Scheme as well as Pradhan Mantri Fasal Bima Yojana and Rajasthan Tourism Development Policy, which prepares candidates for Prelims examinations. Many of the questions found in the exam focus on how the government designs policies and carries out its implementation process.
• Data Interpretation: The Economic Review publishes essential statistical information which includes the growing patterns of per capita income and agricultural output data. Multiple-choice questions (MCQs) require data interpretation and analysis of economic trends because these data points serve as essential components for correct answers.

Mains Examination

• Critical Analysis of Economic Policies: Candidates need to examine economic policies and their effects on sectors in detail through the Mains exam questions. The different economic sectors' GSVA contributions, together with government programs for agriculture and industry and healthcare, and tourism, form the foundation for the main assessment questions about policy evaluation.
• Answer Writing Practice: The review contains comprehensive documentation of data which serves as evidence to strengthen essay and response content across different sections. The answers regarding sustainable growth or rural development or industrial expansion will gain credibility through citing food grains production increases and increased sugarcane yields combined with projected industrial expansion data.
• Current Affairs: The Economic Review contains vital statistics about current affairs that students can apply to their answers for General Studies assessments in economic growth and poverty alleviation and rural development and healthcare content.

Conclusion

The Rajasthan Economic Review 2024-25 delivers extensive reports on state economic growth while evaluating sectoral contributions and government programs about industrial development, alongside agriculture and healthcare, and tourism management. The review shows the state works to advance sustainable economic development through different welfare schemes and infrastructure projects while forecasting steady growth for GSDP, industrial output, and agricultural production. RAS aspirants need this document as an essential tool for their preliminary and main examination preparation since it provides vital economic and policy data, which contributes to enhanced Rajasthan economic knowledge and better exam responses. RAS candidates benefit from economic progress tracking to achieve strong preparation and enhanced knowledge regarding the changing economic dynamics of the state.