गुजरात राज्य बजट 2004-05 विश्लेषण

मुख्य बातें

• Gujarat's GSDP crossed Rs 2.1 lakh crore, growing at 13% in nominal terms — the highest among major Indian states.
• Revenue receipts reached Rs 21,500 crore with own tax revenue crossing Rs 12,900 crore for the first time.
• Capital expenditure of Rs 6,000 crore maintained the infrastructure investment surge with focus on roads and industrial parks.
• Fiscal deficit improved to 3.0% of GSDP, continuing the consolidation trajectory begun in 2003-04.
• Surat emerged as India's fastest-growing city economically, with diamond exports hitting $18 billion and textile output surging.
• Mundra port handled 15 million tonnes in its second full year of operations, exceeding all projections.
• Pharmaceutical exports from Ahmedabad crossed Rs 8,000 crore as US FDA approvals accelerated for Gujarat-based manufacturers.
• Narmada canal reached 15% of planned coverage with Saurashtra segments entering detailed engineering.
• Primary deficit turned negligible at Rs 1,200 crore, signaling near-elimination of non-interest fiscal stress.
• Debt-to-GSDP ratio declined to 27.1%, confirming the sustained deleveraging trend.
• Market borrowings of Rs 4,500 crore funded infrastructure projects at declining interest costs.
• Wind energy installations in Kutch crossed 500 MW as Gujarat began its renewable energy journey.
• Per-capita income reached Rs 38,000, establishing a 30% premium over the national average of Rs 29,000.