Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Politics / Policy/  Delhi to seek funds through vote on account in 3rd week of March
BackBack

Delhi to seek funds through vote on account in 3rd week of March

Delhi govt has decided to table the budget in the Assembly in May, giving some time to people of the city to send it suggestions on the budget

Sources said that an Assembly session will be called for vote on account. Photo: HT (HT)Premium
Sources said that an Assembly session will be called for vote on account. Photo: HT
(HT)

New Delhi: Delhi government is likely to seek funds for running their several schemes through a vote on account in the third week of March for the interim period, sources said on Wednesday. Sources also said that an Assembly session will be called for vote on account.

Delhi government has decided to table the budget in the Assembly in May, giving some time to people of the city to send it suggestions on the budget. “The financial year will come to an end this month and thereafter, government needs funds to run its several public welfare schemes. “For this, it is considering to seek funds through vote on account in the third week of March," sources said.

Delhi chief minister Arvind Kejriwal recently announced that people will make their budget on their own and this experiment will be carried out in few constituencies. “Government wants to give some time to send their suggestions on budget due to which it is considering to table budget in May," sources also said, adding that this will be first time that budget will be tabled in May.

Meanwhile, no raids have been conducted on traders since the Aam Aadmi Party(AAP)-led government has come to power. “Since AAP has come to power, no raid has been conducted on city’s traders as per its zero raid policy," sources also said.

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Politics News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates & Live Business News.
More Less
Published: 04 Mar 2015, 10:04 AM IST
Next Story footLogo
Recommended For You
Switch to the Mint app for fast and personalized news - Get App