Delhi Budget to have 'biggest outlay' for infrastructure projects
ECONOMY & POLICY

Delhi Budget to have 'biggest outlay' for infrastructure projects

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..

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..

Related Stories

Gold Stories

Next Story
Infrastructure Urban

Sabarmati Riverfront Two Plots Up for Auction at Rs2.24 bn Base Price

Two commercial plots on the western bank of the Sabarmati Riverfront will be auctioned with a base price of Rs 112 crore each, equivalent to Rs 1.12 bn apiece and Rs 2.24 billion in total. The parcels are located adjacent to the Metro Rail Bridge in Ahmedabad and form the first commercial offering after a prolonged pause. The Riverfront Development Corporation has framed the sale as part of a phased commercial release to revive development along the riverfront. The combined base valuation has been set by the corporation to reflect market rates along the riverfront. The corporation has fixed a ..

Next Story
Infrastructure Urban

Andhra Pradesh to Connect Over One Million Streetlights

Andhra Pradesh will undertake a statewide smart streetlighting programme across all 123 Urban Local Bodies (ULBs), bringing around 1.05 million (mn) streetlights under an AI enabled monitoring and management system. The programme will be implemented by Energy Efficiency Services Limited (EESL) with the Commissioner and Director of Municipal Administration under the state Municipal Administration and Urban Development Department. The project aims to convert conventional streetlighting into a digitally managed municipal service monitored and maintained remotely. The initial phase will cover abou..

Next Story
Infrastructure Urban

AMC To Procure Four Machines For Guard Rail Cleaning

Ahmedabad Municipal Corporation will introduce four specialised machines for cleaning guard railings along major roads and the central verges of BRTS and Metro corridors. The civic body plans to replace manual labour with mechanised cleaning to improve maintenance of road infrastructure and greenery. The purchase is estimated at Rs 82.8 million (mn), excluding GST. The proposal sets the base price of each machine at about Rs 20.7 million (mn) so four units total Rs 82.8 million (mn) before GST. 18 per cent GST will be applicable separately. During the warranty period each machine will operate ..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement