Delhi Govt’s Rs 80,000 crore Budget to focus on CapEx

| | New Delhi
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Delhi Govt’s Rs 80,000 crore Budget to focus on CapEx

Friday, 17 March 2023 | Staff Reporter | New Delhi

The 2023-24 budget of the AAP Government, to be tabled in the Assembly on Tuesday, will have "the biggest" outlay of capital expenditure for infrastructure projects such as roads and double-decker flyovers in view of the forthcoming G-20 meeting in the national Capital. The Delhi Government’s budget outlay is likely to be Rs 80,000 crore but the tax collection of the Government in the current and the next financial year is expected to remain as per estimates. Top sources said 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 Delhi Government has plans to upgrade and beautify the entire 1,400 kilometres road network of the Public Works Department and nearly Rs 20,000 crore will be spent over a period of 10 years on the project,” sources said

“Three double-decker flyovers will be constructed in the city with the lower deck for vehicles and the upper deck for Metro trains, the source said.

"The budget will have the biggest outlay for capital expenditure towards infrastructure projects in the last eight years of the Kejriwal Government," sources in the Delhi Government said and added that education and health will also be major focus areas.

The Budget Session of the Delhi Assembly will begin on March 17 with Lieutenant-Governor (L-G) VK Saxena addressing the House. The budget will be tabled on March 21 and it will be preceded by an Outcome Budget of the Government. Finance Minister Kailash Gahlot will present his first budget in the Assembly. He was given charge of the department after the resignation of Deputy Chief Minister Manish Sisodia.

The Kejriwal Government in the last eight years has completed 28 flyovers and underpasses, and another 30 flyovers, underpasses and bridges will be constructed by it, sources said. 

Officials also said that apart from health and education, the budget might have a significant outlay for infrastructure development, particularly roads, in the city. Meanwhile, the Opposition BJP has alleged that the Kejriwal Government has not fulfilled any of its budget promises.

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