Delhi Presents Rs 1,037,000 Million Budget for 2026-27

26 Mar 2026 CW Team

Delhi Chief Minister Rekha Gupta presented the city government’s annual budget of Rs 1,037,000 million (mn) for the financial year 2026-27 at the Budget Session of the Delhi Assembly. The presentation outlined fiscal priorities and a push for increased capital investment while maintaining fiscal discipline. The announcement followed standard procedural presentation to legislators.

The Chief Minister noted that Delhi’s per capita income is the third highest in the country and that the city’s contribution to gross domestic product is projected to rise from 3.67 per cent in 2024-25 to 3.72 per cent in 2025-26. The budget allocates 70.3 per cent of resources to revenue expenditure and 29.7 per cent to capital expenditure, reflecting an emphasis on both service delivery and infrastructure. The government signalled measures to strengthen fiscal discipline alongside targeted spending.

Financial indicators were described as improved, with the tax-to-gross state domestic product ratio expected to rise from 4.95 per cent in 2025-26 to 5.09 per cent in 2026-27. The government projected a revenue surplus of Rs 90,920 million (mn) in the current financial year and underlined steps to broaden the tax base and enhance collection. Officials said capital investment would be increased while maintaining prudent borrowing.

The Chief Minister emphasised that environmental considerations were integrated across policies and that 21 per cent of the budget had been designated as a green budget to support sustainability initiatives. Allocation for the fire department was increased from Rs 5,300 million (mn) last year to Rs 6,740 million (mn) for 2026-27. The plan included Rs 2,020 million (mn) to extend Ayushman Bharat health scheme coverage to transgender individuals and Rs 2,250 million (mn) for installation of closed circuit television cameras across the capital. The government indicated that these allocations were part of a broader push to improve public safety and inclusion.

Infrastructure Urban

07 Jul 2026

Metso Wins ASSOCHAM Award for Mining Equipment

Metso India has received the ASSOCHAM Business Excellence Award 2026 in the category of Excellence in Mining Equipment Manufacturing, with a special focus on sustainability. The recognition highlights the company’s contribution to supporting the mining industry’s demand for higher productivity while meeting environmental requirements.The award recognised Metso’s Metso Plus offerings, which are designed to improve efficiency and sustainability across mining and mineral processing operations. A key focus of the recognition was the company’s advanced grinding solutions, including Vertimil..

Marathon Enters Versova Redevelopment Market

Marathon Nextgen Realty has announced its entry into society redevelopment through a premium residential project in Versova, Mumbai. Its subsidiary, Sunset Spaces, has executed a development agreement for the redevelopment of an existing residential society.The project is spread across approximately 1.5 acres and has an estimated gross development value of over Rs 450 crore, subject to approvals, final plans, applicable regulations and market conditions. The project marks a strategic step for Marathon as it expands its presence across select Mumbai micro-markets.The redevelopment is being plan..

Maersk Unveils First India-Made Shipping Container

A.P. Moller – Maersk has unveiled its first export-import shipping container manufactured in India, marking a major milestone for the country’s maritime manufacturing sector. The container was launched at the Maersk and Container Corporation of India joint-venture Inland Container Depot at Dadri, Uttar Pradesh, in the presence of Union Minister for Ports, Shipping and Waterways Sarbananda Sonowal.The development makes Maersk the first international shipping line to procure an EXIM container manufactured in India. Following the unveiling, Maersk placed an order with DCM Shriram Group for 1,..