AAP Government in Delhi presented A Rs 48,000 crore Delhi budget yesterday, whose major Focus lies on improving transport, health and water distribution and education infrastructure.
In its third Budget, Delhi government abolished the plan and non-plan expenditure heads and presented it in terms of revenue and capital classification in line with the Centre’s decision.
Deputy Chief Minister, Manish Sisodia, also presented an “Outcome Budget” which he said would act as a contrast between government and the people.
There was no proposal for any new tax in the budget.
He asserted that the economy of the state will continue to grow despite demonetisation. He also said that the note ban has led to a contraction in the City’s Estimated GSDP for the present financial year.
At current prices, the national capital’s economic growth has been pegged at 12.76 per cent. Sisodia said, “When we allocate money for skywalk, merely constructing it would not be counted as a success. Its success would depend on how many people actually use it. That, in a nutshell, explains the objective of the outcome component”.
The Delhi Government has allotted Rs 11300 crores for Education, which is about 24% of the total budget to the education sector.
Last year Rs 10690 crore was allocated for the same.
An outlay of Rs. 5,736 crore has been made for the health sector, a priority area for AAP government and Rs. 1,156 crore has been set aside for the phase four of the Delhi Metro while Rs. 100 crore has been earmarked for developing bus terminals and depots.