Rajasthan's Economic Leap: From Mount Abu to Abu Raj
Rajasthan Chief Minister Bhajanlal Sharma announced that the state's per capita income is projected to exceed Rs 2 lakh, marking a significant economic boost. Additionally, Mount Abu will be renamed 'Abu Raj.' The state's budget size and recruitment plans have expanded, focusing on sustainable economic growth and development.
- Country:
- India
In a progressive move, Rajasthan's Chief Minister Bhajanlal Sharma addressed the state's assembly to highlight a promising economic trajectory. He revealed that the per capita income is poised to surpass Rs 2 lakh for the first time, reflecting a remarkable 21% rise over three years.
Sharma announced the renaming of Mount Abu to 'Abu Raj' as part of efforts to align development with cultural preservation. With a proposed budget of Rs 6,10,956 crore for 2026-27, the government aims to enhance resource allocation, ensuring significant improvements in agriculture, youth opportunities, and women's empowerment.
The state's Gross State Domestic Product (GSDP) is forecasted to achieve a 41% increase, reflecting a robust double-engine governance strategy. With plans to facilitate economic expansion to USD 350 billion by 2028-29, Rajasthan is positioned as a pivotal player in India's envisioned journey to becoming a developed nation by 2047.
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