MSME TALK™

The Rajasthan government has presented a ₹6.11 lakh crore budget for FY 2026-27, emphasizing infrastructure development, industrial expansion, logistics connectivity and fiscal discipline. The budget continues to prioritize capital investment while supporting manufacturing competitiveness across key industrial clusters and emerging growth centres.

Fiscal Fundamentals

  • Total Budget Outlay: ₹6.11 lakh crore.
  • Revenue Receipts: ₹3.26 lakh crore.
  • Fiscal Deficit: ₹79,493 crore (3.7% of GSDP), compared to 3.9% in FY 2025-26 (RE).
  • Capital Expenditure: Approximately ₹2.61 lakh crore.
  • Estimated GSDP: ₹21.52 lakh crore.
  • Budget Outlay Growth: Around 9% over FY 2025-26 Revised Estimates.
  • Revenue Receipts Growth: Around 14% over FY 2025-26 Revised Estimates.
  • Major Revenue Sources: SGST, State Excise, Stamp Duty & Registration, Mining Royalties and Motor Vehicle Taxes.
  • Rajasthan’s economy continues to be supported by services, manufacturing, mining and tourism-related activities.

Key Industrial and MSME Directives

Industrial infrastructure expansion remains focused on Jaipur, Bhiwadi, Neemrana, Alwar, Jodhpur, Udaipur, Kota, Bhilwara and Ajmer.

Road, logistics and connectivity investments are expected to strengthen freight movement and industrial competitiveness across manufacturing clusters.

Key focus sectors include:

  • Textiles & Apparel – Bhilwara, Pali and Jaipur
  • Gems & Jewellery – Jaipur
  • Ceramics – Kishangarh
  • Engineering & Manufacturing – Bhiwadi, Neemrana and Alwar
  • Mining & Mineral Processing – Udaipur, Rajsamand and Jodhpur
  • Renewable Energy & Equipment Manufacturing – Jodhpur, Jaisalmer and Bikaner
  • Handicrafts & Furniture – Jodhpur and Jaipur

The state’s capital expenditure programme is expected to support industrial parks, logistics infrastructure and export-oriented manufacturing ecosystems.

MSME Dashboard- Rajasthan Status (Feb 2026)

Total MSMEs (Udyam + UAP): 43,19,672

Udyam Registered Enterprises: 30,62,024

Udyam Assist Platform (UAP) Enterprises: 12,57,648

Micro Enterprises: 30,33,158

Small Enterprises: 27,207

Medium Enterprises: 1,659

Enterprise Mix: Micro enterprises account for more than 99% of registered MSMEs.

High-Density MSME Zones: Jaipur, Jodhpur, Udaipur, Alwar, Bhiwadi, Bhilwara, Ajmer and Kota.

Major MSME Industries: Textiles, Handicrafts, Gems & Jewellery, Ceramics, Engineering Products, Stone Processing, Food Processing and Renewable Energy Components.

Rajasthan ranks among India’s leading states in MSME formalisation, with a strong concentration of enterprises in manufacturing, traditional industries and export-oriented sectors.

Sectoral Expenditure Priorities

  • Education
  • Rural Development
  • Agriculture & Allied Activities
  • Roads & Transport Infrastructure
  • Urban Development
  • Health & Family Welfare
  • Water Resources & Irrigation

Conclusion

The Rajasthan Budget 2026-27 reflects a continued focus on infrastructure-led growth, industrial development and fiscal consolidation. With substantial capital expenditure, a large MSME base and strong manufacturing clusters across Jaipur, Bhiwadi, Neemrana, Bhilwara and Jodhpur, the state remains positioned to strengthen its role in textiles, engineering, mining-based industries and renewable energy manufacturing.

State Leadership

Chief Minister: Bhajan Lal Sharma

Deputy Chief Minister & Finance Minister: Diya Kumari

Industries Minister: Col. Rajyavardhan Rathore

MSME Minister: Col. Rajyavardhan Rathore

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