According to Delhi government sources, the AAP government's 2023-24 budget, which will be tabled in the assembly, will include "the largest" outlay of capital expenditure for infrastructure projects such as roads and double-decker flyovers. With an increase in tax revenue, the government's budget outlay for 2023-24 could be close to Rs 80,000 crore, they said ahead of the Delhi assembly's Budget Session.
The main focus of Budget 2023-24 will be the Arvind Kejriwal government's plan to beautify and modernise the national capital's infrastructure. "The budget will have the largest capital expenditure for infrastructure projects in the last eight years of the Kejriwal government," a Delhi government source said and added that education and health will also be major focus areas.
According to Delhi government sources, the AAP government's 2023-24 budget, which will be tabled in the assembly, will include "the largest" outlay of capital expenditure for infrastructure projects such as roads and double-decker flyovers. With an increase in tax revenue, the government's budget outlay for 2023-24 could be close to Rs 80,000 crore, they said ahead of the Delhi assembly's Budget Session, which begins on Monday.
The main focus of Budget 2023-24 will be the Arvind Kejriwal government's plan to beautify and modernise the national capital's infrastructure. "The budget will have the largest capital expenditure for infrastructure projects in the last eight years of the Kejriwal government," a Delhi government source said.
According to sources in the Delhi government, the AAP government's budget for 2023-24, which will be tabled in the assembly, will include "the largest" outlay of capital expenditure for infrastructure projects such as roads and double-decker flyovers. The government's budget outlay for 2023-24 could be close to Rs 80,000 crore if tax revenue increases, they said ahead of the Delhi assembly's Budget Session, which begins on Monday.
The Arvind Kejriwal government's plan to beautify and modernise the national capital's infrastructure will be the main focus of Budget 2023-24. "The budget will have the highest capital expenditure for infrastructure projects in the Kejriwal administration's last eight years," a Delhi government source said.
The government's tax collection in the current and next fiscal years is expected to remain consistent with estimates, according to sources. The government's annual budget for 2022-23 was Rs 75,800 crore, up from Rs 69,000 crore the previous year.
The Budget Session of the Delhi Assembly will begin with Lt Governor V K Saxena addressing the House. The budget will be presented on March 21, and it will be preceded by the government's Outcome Budget. Finance Minister Kailash Gahlot will present the assembly with his first budget.
Officials also said that apart from health and education, the budget might have a significant outlay for infrastructure development, particularly roads, in the city.
Also Read
JSW Steel plans to invest in a virgin coking coal mine
Gurugram's affordable housing to be built by Ganga Realty for Rs 7.5..
