Get Instant Loan up to ₹10 Lakh!
Delhi Finance Minister and senior Aam Aadmi Party (AAP) leader Atishi Marlena on March 1 said the inflation rate of Delhi was at 2.81 per cent in January-December 2023 which was below the national inflation rate of 5.65 per cent in the same period.
The minister further stated that Delhi's revenue surplus rose to ₹14,457 crore in 2022-2023 from ₹3,270 crore in 2021-2022, adding that Chief Minister Arvind Kejriwal-led Delhi government is the only surplus state government in the country.
The state finance minister also added that the AAP-led Delhi government will present its budget for 2024-25 in the state assembly on Monday, March 4.
According to the minister, Delhi's gross state domestic product at current prices is likely to be ₹11,07,746 crore in 2023-24, up 9.17 per cent year on year.
The per capita income of the national capital rose 22 per cent in two years from ₹3,76,217 in 2021-2022 to ₹4,61,910 in 2023-2024.
Meanwhile, the budget session of the Delhi assembly began on February 15 and was expected to run until February 21. However, the session was extended, with Atishi citing a delay in budget finalisation.
In 2023, when former finance minister Manish Sisodia was arrested in the Delhi excise policy case, the Delhi budget was presented by Kailash Gahlot, a minister in Kejriwal’s cabinet. The ₹78,800 crore budget had a provision of ₹21,000 crore for infrastructure in the national capital.
As per reports, this year, the AAP government in Delhi is expected to table a ₹80,000 crore budget for its citizens. Sources also said the focus this year is expected to be mainly on education, health, power, and roads, among other sectors.
Catch all the Business News , Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.