Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25
ECONOMY & POLICY

Delhi Govt allocates Rs 18.67 billion less for transport in 2024-25

According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion.

While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital.

During his inaugural budget presentation, Minister Kailash Gahlot had proposed an allocation of over Rs 93.37 billion for transport, roads, and bridges for the fiscal year 2023-24, marking a decrease of Rs 95.39 billion from the 2022-23 financial year.

No new schemes were announced for the transport sector by the government.

Atishi mentioned that Delhi Chief Minister Arvind Kejriwal has provided women in Delhi with the opportunity to travel for free on buses Rs 1.53 billion times from 2019 to the present, spanning just five years.

In her budget speech, Atishi stated, In the year 2014-15, when a girl from a common family wished to go to college for her studies, her parents would decline due to the high expenses of traveling. Many women were unable to work because a significant portion of their salary was spent on commuting.

For the first time in the history of the country, a bus journey for women was made completely free so that a woman can travel anywhere in Delhi confidently with her 'pink ticket' provided by her brother Arvind Kejriwal, without worrying about money, Atishi added.

Sharing statistics, Atishi mentioned that the number of 'pink tickets' has consistently increased over the past few years, reaching Rs 170.7 million in 2020-21 and escalating to Rs 400.2 million in 2022-23. Approximately 11 lakh women travel for free on the buses every day, she noted.

She also highlighted a significant rise in the number of buses.

According to official data, the Delhi government's allocation for the transport sector in the fiscal year 2024-25 experienced a decrease of Rs 18.67 billion compared to the corresponding figure for 2023-24, which was Rs 93.37 billion. While presenting the budget in the Delhi Assembly, Finance Minister Atishi stated that the allotment for the 2024-25 fiscal year was Rs 74.70 billion, including Rs 57.02 billion for transport and Rs 17.68 billion for road and flyover projects in the national capital. During his inaugural budget presentation, Minister Kailash Gahlot had proposed an allocation of over Rs 93.37 billion for transport, roads, and bridges for the fiscal year 2023-24, marking a decrease of Rs 95.39 billion from the 2022-23 financial year. No new schemes were announced for the transport sector by the government. Atishi mentioned that Delhi Chief Minister Arvind Kejriwal has provided women in Delhi with the opportunity to travel for free on buses Rs 1.53 billion times from 2019 to the present, spanning just five years. In her budget speech, Atishi stated, In the year 2014-15, when a girl from a common family wished to go to college for her studies, her parents would decline due to the high expenses of traveling. Many women were unable to work because a significant portion of their salary was spent on commuting. For the first time in the history of the country, a bus journey for women was made completely free so that a woman can travel anywhere in Delhi confidently with her 'pink ticket' provided by her brother Arvind Kejriwal, without worrying about money, Atishi added. Sharing statistics, Atishi mentioned that the number of 'pink tickets' has consistently increased over the past few years, reaching Rs 170.7 million in 2020-21 and escalating to Rs 400.2 million in 2022-23. Approximately 11 lakh women travel for free on the buses every day, she noted. She also highlighted a significant rise in the number of buses.

Related Stories

Gold Stories

Next Story
Infrastructure Urban

EMO Energy and e-Sprinto to Deploy 8,000 Electric Scooters

EMO Energy has announced a partnership with electric two-wheeler maker e-Sprinto to deploy 8,000 electric scooters across India this financial year. The rollout will include both low-speed and high-speed models and will be phased across several cities. The scooters will be aimed at quick-commerce and last-mile delivery operations where uptime and energy efficiency are prioritised. EMO Energy said the scooters will use its patented ZenPac liquid-cooled battery platform with active thermal management, battery intelligence and energy optimisation to improve reliability and performance. ZenPac con..

Next Story
Infrastructure Energy

Octillion Opens Third EV Battery Plant in India

Octillion Power Systems has opened its third manufacturing facility in Halol, Gujarat, adding production capacity as demand for electric vehicle battery systems grows across passenger, commercial and public transport segments. The facility covers more than 13,000 square metres and was converted from an empty structure into an operational battery manufacturing plant in less than eight months. At full capacity the Gujarat plant will manufacture more than 48,000 battery systems annually, representing over three GWh of energy storage capacity. With the addition of the Halol facility Octillion's co..

Next Story
Real Estate

Land Reforms Could Unlock Urban Affordable Housing

Former cabinet secretary and NITI Aayog member Rajeev Gauba said India’s urban housing shortage could be tackled by unlocking 10 million (mn) vacant homes and using excess unutilised land held by public sector undertakings (PSUs). He said land availability lay at the heart of the problem and estimated that land accounted for as much as 50 to 70 per cent of total project cost. He urged states to waive land?use change fees and exempt stamp duty on land and transactions linked to affordable housing. He noted that urban population was projected to rise from 500 million to nearly 900 million by 2..

Advertisement

Subscribe to Our Newsletter

Get daily newsletters around different themes from Construction world.

STAY CONNECTED

Advertisement