Budget brings no cheer to Rajasthan

  • 06/03/2003

  • Indian Express (New Delhi)

Rajasthan's Budget 2003 tells a story of mounting debts, low income generation and a dismal future for the drought-hit state. The state exchequer was weighed down under a debt of Rs 24,000 crore when Ashok Gehlot came to power in 1998-99. The debt burden grew to Rs 45,000 crore in 2002-03 and this time the projected figure is Rs 50,000 crore. Having tabled these figures, state Finance Minister Pradyuman Singh began his budget speech on an apologetic note. He began with the debt and the drought