Rajasthan Budget 2026–27: A ₹5.4 Lakh Crore Youth-Centric Blueprint to Power ‘Developed Rajasthan 2047’

Ananya soch: Rajasthan Budget 2026–27: In a landmark announcement, Rajasthan Deputy Chief Minister and Finance Minister Diya Kumari presented the ₹5.4 lakh crore State Budget for 2026–27 in the Assembly, calling it a transformational roadmap for inclusive and youth-led growth. Chief Minister Bhajan Lal Sharma described the budget as a “document of duty” for the state’s 80 million citizens, with a sharp focus on youth empowerment, employment generation, innovation, and social well-being.

Positioned as a youth-centric budget, the financial plan aims to push Rajasthan’s economy beyond ₹21 lakh crore, placing young people at the center of economic expansion. With bold investments in entrepreneurship, skill development, digital readiness, global exposure, and mental health, the government has outlined an ambitious strategy to transform job seekers into job creators.

Key Youth-Focused Schemes at a Glance

Entrepreneurship & Employment: From Aspirations to Enterprises

At the heart of the budget lies a strong push toward entrepreneurship-led growth. Under the Mukhyamantri Swarozgar Yojana, 30,000 young entrepreneurs will receive interest-free loans up to ₹10 lakh, while 1 lakh youth will benefit from 100% interest subsidy on similar loan amounts.

This dual strategy is designed to directly tackle unemployment by empowering youth to establish startups and micro-enterprises. By strengthening Rajasthan’s startup ecosystem, the government envisions the state emerging as a major innovation hub in North India.

In addition, the state plans to generate 1.25 lakh government jobs and facilitate 1.5 lakh private sector employment opportunities. The ₹500 crore Vivekananda Employment Assistance Fund will support internships, apprenticeships, and skill-based placements, bridging the gap between education and employability.

Skill Development & Digital Empowerment

The DREAM (Digital Readiness and Empowerment through Assisted Mentoring) Program will benefit 50,000 students in its first phase, equipping them with digital literacy, mentorship, and career guidance aligned with global standards.

Complementing this, the VIBRANT (Value-Driven Innovation and Business Research for Aspiration and Nurturing Talent) Initiative will be launched in select colleges across districts, offering incubation support and mentorship from knowledge partners.

To prepare youth for global careers, 1,000 candidates will receive training in high-demand foreign languages such as Japanese, German, French, and Korean—particularly for sectors like hospitality, IT, and healthcare.

Meritorious students from Classes 10 and 12 will receive ₹20,000 e-vouchers to purchase laptops, ensuring digital access and inclusive education.

Innovation, Technology & Scientific Growth

Rajasthan is investing significantly in emerging technologies. Deep Tech and AI Labs will be established in Ajmer, Kota, and Bharatpur with an allocation of ₹30 crore. Furthermore, 1,500 Atal Tinkering Labs will nurture innovation at the school level.

Cities like Bharatpur, Kota, Ajmer, and Bikaner will be developed as Science and Innovation Hubs, encouraging research-based entrepreneurship. The Vishwakarma Skill Institutes will provide advanced technical training aligned with industry needs.

Mental Health & Social Welfare

Recognizing rising academic stress among students, the government will establish Yuva Saathi Kendras in coaching hubs such as Kota. These centers will offer psychological counseling and career support.

Under the Raj Savera Campaign, de-addiction and rehabilitation programs will be expanded in universities and colleges. Additionally, a ₹350 crore fund for gig and unorganized workers will provide social security coverage, acknowledging the growing platform economy.

Education Reforms & Transparency

The formation of the Rajasthan Testing Agency, modeled on the National Testing Agency, will ensure transparent and standardized recruitment exams.

Around 400 schools will be upgraded as RISE (Rajasthan Innovative Schools of Excellence) institutions, enhancing learning outcomes and competitive preparedness.

The RAJ PAHAL (Portable Access for Holistic and Assisted Learning) initiative, along with “School on Wheels,” will ensure uninterrupted education for children from migrant and nomadic families.

Conclusion: A Defining Moment for Youth-Led Growth

The Rajasthan Budget 2026–27 represents a comprehensive youth empowerment framework—from economic independence to emotional well-being. With structured investments in startups, skills, jobs, education, and innovation, the government has presented a long-term roadmap aligned with the vision of Developed Rajasthan 2047.

If implemented effectively, these initiatives could significantly reduce youth unemployment, boost startup culture, and strengthen Rajasthan’s contribution to India’s economic growth story. The budget is not merely a fiscal statement—it is a declaration that Rajasthan’s future will be shaped by its empowered youth.