Delhi Budget 2014: Highlights
Budget of a State/Union Territory under President’s Rule: Budget of a State under President’s rule is presented to Lok Sabha. The procedure followed in regard to the Budget of the Union Government is followed in the case of State Budget also with such variations or modifications, as the Speaker may make.
Since 14 February 2014, Delhi is under President Rule owing to the resignation of Chief Minister Arvind Kejriwal after he was unable to table the Jan Lokpal Bill in the Delhi Assembly. Thus, the Union Finance Minister Arun Jaitley presented Rs.36,776 crore budget for Delhi in Parliament as the state is currently under the President’s rule.
The Budget proposed no new taxes for Delhi and announced a subsidy of Rs.0.80 to Rs.1.20 per unit to small power consumers as also a number of welfare measures like low floor buses, sanitation and multi-speciality hospital in Rohini.
Here are the highlights from the Budget for Delhi 2014-15:
- Rs.260 crore set aside for power subsidy in Delhi
- Small electricity consumers to get power subsidy between Rs.0.80-1.20 per unit, 80 paise subsidy up to 400 unit, Rs.2.80 for 0-200 unit electricity consumption, Rs.5.15 for 201-400 units
- Rohini will have a multi-speciality hospital
- 50 dialysis centres will be opened across Delhi
- No new taxes or increase in the present tax rates
- More night centres
- Four new sewage treatment plants
- Community toilets to be set up in JJ clusters
- 1,380 new low floor buses
- Expansion of pension scheme from 3.90 lakh people to 4.30 lakh people
- 20 new schools, government girl schools
- 110 new ambulances to tackle increasing number of trauma cases in Delhi
- Rs. 2, 482 crore allocated for education, Rs. 1,700 crore , Rs. 3,702 crore
- Plan outlay of Rs.675 crore for energy sector.
- Transmission and distribution network will be improved.
- Delhi Transco Ltd to commission a new 400 kv substation at Harsh Vihar and 220 kv gas insulated switch gear substation at Peeragarhi.
- Three new 220 kv GIS substation at Papankalan, Tughlaqabad and Rajghat power house to come up.
- Provide adequate gas supply at reasonable cost to 1500 MW gas turbine station commissioned at Bawana
- NDMC area to be developed as a solar city.
- Rs. 260 crore set aside for providing power subsidy for domestic consumers to provide relief to targeted consumers on account of recent tariff hike by DERC.
- Rs.200 crore allocated for power reforms and Rs.500 crores for water reforms in NCT.
- Plan outlay of Rs.3,702 crores for transport sector
- 1380 new semi, low floor, buses for DTC will be procured
- Introduction of an automated fare collection system through electronic ticketing machines and card readers by DTC
- 400 new cluster buses, making a fleet of about 1600 cluster buses.
- Modernization and renovation of regional offices of transport department
- New ISBT at ISBT Sarai Kale Khan and Anand Vihar will be developed as they currently lack adequate infrastructure.
- Work on Phase II of elevated corridor over Barapullah Nallah at cost of Rs.533 crore is ongoing. This will be extended from Sarai Kale Khan to Mayur Vihar under Phase III.
- Pucca parallel channel from Munak to Haiderpur will be made functional after resolving issues with Haryana. This will supply 80 million gallons per day raw water for newly built water treatment plants – at Dwarka, Okhla, Bawana for a population of about 35 lakh living in south, south west, west and north west delhi.
- To begin with the construction of long pending Renuka dam with an initial capital of Rs.50 crore.
- Chandrawal water treatment plant and Wazirabad plant will be completely renovated at a cost of Rs.2018 crore and Rs.2243 crore respectively.
Categories: Business, Economy & Banking