Delhi Budget to have 'biggest outlay' for infrastructure projects

20 Mar 2023 CW Team

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 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..

Infrastructure Transport

15 Sep 2025

Cabinet Approves Key Highway and Rail Projects in Bihar Region

The Union Cabinet on Wednesday approved the four-laning of the 84.2-km Mokama-Munger section of the Buxar-Bhagalpur high-speed corridor, a key industrial region in poll-bound Bihar. The Cabinet also sanctioned the doubling of the 177-km Bhagalpur-Dumka-Rampurhat railway line, which passes through Bihar, Jharkhand, and West Bengal, at a cost of Rs 31.7 billion.The Rs 44.5 billion highway project will be constructed under the hybrid annuity model, a variant of public-private partnership. The Mokama-Munger stretch was the only remaining two-lane section of the 363-km Buxar-Bhagalpur corridor. Fou..

Infrastructure Transport

15 Sep 2025

NGT Issues Notice on Bengaluru Twin Tunnel Project

The National Green Tribunal (NGT) on Wednesday issued notices in response to a petition filed by Bengaluru Praja Vedike and others, challenging the Bengaluru twin tunnel road project. Petitioners claim the project was “hastily announced” and bypassed mandatory environmental impact assessment procedures.Notices have been served to the Karnataka Government, Greater Bengaluru Authority, State Environment Impact Assessment Authority (SEIAA), Bengaluru Smart Infrastructure Ltd (B-SMILE), the Union Ministry of Environment, Forest and Climate Change, and project consultants.The 16.74-km twin-tube..

Real Estate

15 Sep 2025

India’s Residential Sales to Dip Slightly in FY26

Residential sales in India’s seven major cities are projected to decline by up to 3 per cent year-on-year in FY26 to 620–640 million square feet (msf), amid a moderation in sales velocity, according to ratings agency Icra.In FY25, sales stood at 643 msf, down 8 per cent YoY, following a sharp contraction in new launches and moderated demand in the affordable and mid-income segments. This slowdown came after the sector posted a robust compound annual growth rate of 26 per cent in area sales between FY22 and FY24.Icra noted: “Having seen a strong upcycle, the sector entered an equilibrium ..