Delhi gets 7,900 cr budget for infrastructure development
ECONOMY & POLICY

Delhi gets 7,900 cr budget for infrastructure development

The Delhi Development Authority (DDA) allocated over one-third of the annual budget for 2022-23 worth Rs 7,933 crore for Delhi infrastructure. The funds are to be used for road development, drainage system, water, power, and so on in sub-cities including Dwarka, Rohini, and Narela.

Significant allocations have also been made by the DDA for projects such as ‘Urban Extension Road-II’ or ‘Ring Road-III’, Phase-IV project of the Delhi Metro, and Karkardooma East Delhi Hub.

The budget obtained approval in a meeting conducted by LG Anil Baijal. There is around an 18% increase in the fiscal outlay than the previous year which was Rs 6,738 crore. This financial year’s receipts are projected at approximately Rs 7,943 crore.

The multi-storeyed flats on Baba Kharak Singh and Pandit Pant Marg to be allotted to Lok Sabha members were a part of the major approvals.

The budget is termed sustainable and development-oriented. DDA has allocated Rs 2,922 crore for land development and physical infrastructure development mainly in the areas of Dwarka, Rohini, and Narela. Sewage drain construction in Dwarka Sector 8 for allowing the water discharge from IGI airport has been allocated Rs 47.5 crore. This was due to the problem of airport flooding caused by heavy rainfall.

The Narela sub-city is a ghost town because of the lack of connectivity via public transport. However, it will benefit from the budget allocation for transportation-linked projects. The Urban Extension Road–II construction project being executed by the National Highways Authority of India which will link Narela to Rohini as well as Dwarka has been allocated Rs 725 crore by the DDA.

Image Source

"Join industry leaders at RAHSTA Expo, India's premier platform for roads, highways and traffic infrastructure. Register now to explore innovations, network with experts and shape the future of mobility."

The Delhi Development Authority (DDA) allocated over one-third of the annual budget for 2022-23 worth Rs 7,933 crore for Delhi infrastructure. The funds are to be used for road development, drainage system, water, power, and so on in sub-cities including Dwarka, Rohini, and Narela. Significant allocations have also been made by the DDA for projects such as ‘Urban Extension Road-II’ or ‘Ring Road-III’, Phase-IV project of the Delhi Metro, and Karkardooma East Delhi Hub. The budget obtained approval in a meeting conducted by LG Anil Baijal. There is around an 18% increase in the fiscal outlay than the previous year which was Rs 6,738 crore. This financial year’s receipts are projected at approximately Rs 7,943 crore. The multi-storeyed flats on Baba Kharak Singh and Pandit Pant Marg to be allotted to Lok Sabha members were a part of the major approvals. The budget is termed sustainable and development-oriented. DDA has allocated Rs 2,922 crore for land development and physical infrastructure development mainly in the areas of Dwarka, Rohini, and Narela. Sewage drain construction in Dwarka Sector 8 for allowing the water discharge from IGI airport has been allocated Rs 47.5 crore. This was due to the problem of airport flooding caused by heavy rainfall. The Narela sub-city is a ghost town because of the lack of connectivity via public transport. However, it will benefit from the budget allocation for transportation-linked projects. The Urban Extension Road–II construction project being executed by the National Highways Authority of India which will link Narela to Rohini as well as Dwarka has been allocated Rs 725 crore by the DDA. Image Source

Next Story
Infrastructure Energy

Centre Prioritising Energy Security With Coal Gasification

Union minister for Coal and Mines G Kishan Reddy said the Centre is prioritising energy security through a strategic shift to coal gasification and has announced incentives totalling Rs 460 billion (bn) to support the effort. He said more than 35 companies will start coal gasification activities in India within two months and that the government is encouraging firms that bring technology to close the domestic technology gap. The minister described the initiative as aimed at reducing import dependence and developing indigenous capacity. India has the fifth-largest coal reserve in the world, and..

Next Story
Infrastructure Urban

BHEL and Coal India Invest Rs 250 bn in Odisha Gasification

Bharat Heavy Electricals (BHEL) and Coal India (CIL) are jointly investing Rs 250 billion in a coal gasification project in Odisha, with the Prime Minister laying the foundation stone in Jharsuguda. Union Coal and Mines Minister G Kishan Reddy described the initiative as a transformative shift in coal utilisation that will open industrial avenues for the state. The project moves coal beyond conventional power generation to industrial feedstocks. Coal gasification will convert coal into synthesis gas, a versatile feedstock for chemicals, fertilisers and synthetic fuels, and the technology is ex..

Next Story
Infrastructure Energy

BCCL Hands Over Dugdha Coal Washery To JSW Steel

Bharat Coking Coal has handed over the Dugdha Coal Washery to JSW Steel, marking the first coal washery asset monetisation under the Ministry of Coal's asset monetisation programme. The handover took place in the presence of senior officials from Bharat Coking Coal Ltd, JSW Steel and JSW Energy. The washery has a capacity of two million tonnes per annum (mn t per annum), and its transfer is intended to introduce private sector practices into coal beneficiation operations. The monetisation is aimed at modernising coal sector assets, improving operational efficiency and enhancing resource utilis..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement

Advertisement

Advertisement