+
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..

Next Story
Real Estate

MoHUA Sanctions 1.47 Lakh Additional Houses Under PMAY-U 2.0

In a major push towards the Government’s Housing for All mission, the Ministry of Housing and Urban Affairs (MoHUA) has approved 1,46,582 additional pucca houses under Pradhan Mantri Awas Yojana – Urban 2.0 (PMAY-U 2.0) for 14 States/UTs, bringing total sanctions under the revamped scheme to 8.56 lakh.The decision came during the fourth meeting of the Central Sanctioning and Monitoring Committee (CSMC), chaired by Srinivas Katikithala, Secretary, MoHUA, at the Ministry’s Kasturba Gandhi Marg office. Senior officials, State Principal Secretaries, and PMAY-U Mission Directors participated ..

Next Story
Real Estate

Piyush Goyal Inaugurates Expanded ISA Building at Intellectual Property Office

Union Minister of Commerce and Industry, Piyush Goyal, today inaugurated the newly expanded International Searching Authority (ISA) building at the Intellectual Property Office (IPO) in Dwarka, New Delhi, marking a major step forward in India’s intellectual property ecosystem.Addressing the gathering, Goyal highlighted that innovation has been central to India’s heritage for centuries, citing the engineering brilliance of the Konark Temple as a historic example. He emphasised that innovation is not just intellectual property but a symbol of sovereignty, and a key driver in India’s journe..

Next Story
Real Estate

SIEGER Boosts Automation in Mumbai Realty

SIEGER, a leading automation solutions provider, is expanding its advanced manufacturing capabilities to meet the surging demand for precision, high-speed automation in Mumbai’s rapidly growing real estate sector.Operating from a 21,000 m² advanced production hub in Coimbatore—part of a 40,000 m² integrated campus—SIEGER offers complete solutions from design and prototyping to manufacturing and deployment. The fully digitalised facility features CNC machining, QR-coded component tracking, conveyorized powder coating, and a Government of India–certified R&D centre, ensuring unmatc..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement

Talk to us?