Manish Sisodia presents a Budget of Rs. 75,800 crores for Delhi

Manish Sisodia presents a Budget of Rs 75,800 crores for Delhi

Manish Sisodia presents a Budget of Rs 75,800 crores for Delhi

Major thrust on jobs creation, attracting film-shoots & making Delhi a tourist hub

New Delhi, March 26 (Delhi Crown): Delhi Dy. CM and Finance Minister Manish Sisodia on Saturday presented the Delhi Budget for 2022-23, worth Rs. 75,800 crores, which is 9.86 % higher than the Budget Estimates (BE) of Rs. 69,000 crores in 2021-22 and 13.13% over Revised Estimates (RE) of Rs. 67,000 crores in 2021-22.

This was Sisodia’s eighth budget, the major thrust of which was on jobs creation, health, education, water and sanitation, promoting Delhi as a destination for films shooting and tourist destination, etc.

Announcing the budgetary proposals, Sisodia said that the Delhi Government in its Rozgar Budget was focusing on generating employment opportunities for the citizens of Delhi, particularly women, and helping the economy recover from the losses due to Covid-19, GST and demonetization over the past few years.

The Rozgar Budget aims to increase the percentage of the working population of Delhi from 33% to 45% in the next five years. In the next 5 years, 20 lakh new jobs in Delhi will be created, announced Sisodia amid applause from his party’s MLAs.

The Budget for the year 2022-23 is proposed to be mainly financed from own resources, indicated the Delhi’s finance minister.

The major components of the Budget presented today are Rs. 47,700 crores from own tax revenue, Rs. 1000 crores from non-tax revenue, Rs. 325 crores as share in central taxes, Rs. 10,000 crores from small saving loan, Capital Receipts of Rs. 802 crores, GST compensation of Rs. 10,000 crores, Rs. 1621 crores for Centrally Sponsored Scheme, Rs. 643 crores as Grant-In-Aid/Normal Assistance from Govt. of India.

In his budget speech, Sisodia stated that the per capita income of Delhi is Rs. 4,01,982 at current prices in 2021-22, the third highest in the country and 2.7 times higher than the national per capita income of Rs. 1,49,848.

According to him, the per capita expenditure of Govt. of NCT of Delhi through budgetary transactions is likely to increase to Rs. 35,763 in 2022-23 from Rs. 19,218 in 2015-16.

In a bid to popularise the Delhi food, the Kejriwal Government will soon be introducing four new policies. Introduction of a Food Truck policy will allow food trucks to operate at several places across Delhi from 8:00 p.m. till 2:00 a.m.

“This will strengthen Delhi’s night time economy, and will also create more than 60,000 employment opportunities in the next five years,” announced Sisodia.

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