Delhi Budget: Finance Minister Gahlot presents Rs.78,800 cr budget

The Delhi government's budget size for 2022-23 was Rs.75,800 crore and Rs.69,000 crore in the previous year

The Delhi government's budget size for 2022-23 was Rs.75,800 crore and Rs.69,000 crore in the previous year
The Delhi government's budget size for 2022-23 was Rs.75,800 crore and Rs.69,000 crore in the previous year

Finance Minister Kailash Gahlot presents Delhi Budget 2023

Delhi Budget 2023:On Wednesday, Delhi Finance Minister Kailash Gahlot presented an Rs.78,800 crore budget in the Delhi Assembly for the financial year 2023-24.

In presenting the national capital budget, Finance Minister Gahlot said it focuses on enhancing the city’s infrastructure, sanitation, and transportation facilities besides the health and education sectors.

The FM said the budget is dedicated to a clean, beautiful, and modern Delhi with Rs.19,466 crore to be spent on the upgradation of 1,400 kilometers of roads in the next 10 years. The government has allocated Rs.2,034 crore for 2023-24 for various infrastructure projects.

Gahlot announced that the local bodies will receive financial assistance of Rs.8,241 crore in 2023-24. He proposed Rs.722 crore for new flyover projects and Rs.320 crore for the double-decker flyover in the city.

Tabling the comprehensive plan for the city’s infrastructure, Gahlot announced that the 1,400 km PWD road would be upgraded and beautified in this financial year. Along with this, 26 new flyovers and underpasses will be constructed.

Gahlot also announced three unique double-decker flyovers in cooperation with Delhi Metro Rail Corporation.

In his budget, Gahlot said that 1,600 electric buses would be inducted in the financial year. He announced nine new bus depots along with the beautification upgrading ISBT to the world-class level.

“Delhi will have the highest number of electric buses in the country. A fleet of 10,400 buses by the end of 2025 with 80 percent electric buses will reduce 4,60,000 ton emissions.

“The Mohalla Bus Yojana will be rolled out for the dedicated last mile connectivity with nine-metre pollution-free electric buses,” Gahlot said.

The Finance Minister also announced a six-point action plan for the River Yamuna.

Gahlot assured the House that all three landfill sites of garbage will be cleared in the next two years.

“Working with the MCD, all three landfill sites will be demolished within two years. Okhla landfill site will be removed by December 2023, Bhalsua landfill by March 2024, and Ghazipur landfill by December 2024,” Gahlot said, proposing an Rs.850 crore loan to the Municipal Corporation of Delhi (MCD) for clearing up of landfills.

It was Gahlot’s first time at the helm of the finance department after the resignation of Manish Sisodia. His arrest by CBI in connection to the Delhi excise policy scam case created a ruckus in the market.

[With Inputs from IANS]

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