Financial support of Rs 4374 cr to local bodies in Delhi budget
New Delhi Mar 26 PTI The Delhi government will provide financial support of Rs 4374 crore to the local bodies Deputy Chief Minister Manish Sisodia said in his budget speech on Saturday The budget size for the next financial year is 986 per cent higher than that of the previous years Rs 69000 crore he said in his address in the Assembly adding that Delhis economy is recovering gradually from the impact of COVID-19 The Delhi government will provide financial support of Rs 4374 crore to the local bodies This includes Rs 2305 crore as tied fund for implementation of schemes programmes projects by local bodies and Rs 2069 crore as Basic Tax Assignment BTA he said In addition to the above an amount of Rs 1780 crore has been provided for local bodies as share in stamps and registration fees and one-time parking fee Delhi government is thus giving a total financial support of Rs 6154 crore to the local bodies in the Budget Estimate 2022-23 said Sisodia who is also Delhis Finance Minister Presenting the budget for the eighth consecutive year Sisodia said the city government will spend Rs 4500 crore in the next five years to generate 20 lakh jobs and Rs 800 crore will be set aside in the 2022-23 budget for the purpose Municipal corporations in Delhi have been demanding release of funds from time to time from the city government The three existing corporations here have been proposed to be reunified into a single entity A bill to merge the three municipal corporations in the national capital into a single entity was introduced in the Lok Sabha on Friday amid Opposition claims that the move was beyond the legislative competence of Parliament PTI KND CK
New Delhi Mar 26 PTI The Delhi government will provide financial support of Rs 4374 crore to the local bodies Deputy Chief Minister Manish Sisodia said in his budget speech on Saturday The budget size for the next financial year is 986 per cent higher than that of the previous years Rs 69000 crore he said in his address in the Assembly adding that Delhis economy is recovering gradually from the impact of COVID-19 The Delhi government will provide financial support of Rs 4374 crore to the local bodies This includes Rs 2305 crore as tied fund for implementation of schemes programmes projects by local bodies and Rs 2069 crore as Basic Tax Assignment BTA he said In addition to the above an amount of Rs 1780 crore has been provided for local bodies as share in stamps and registration fees and one-time parking fee Delhi government is thus giving a total financial support of Rs 6154 crore to the local bodies in the Budget Estimate 2022-23 said Sisodia who is also Delhis Finance Minister Presenting the budget for the eighth consecutive year Sisodia said the city government will spend Rs 4500 crore in the next five years to generate 20 lakh jobs and Rs 800 crore will be set aside in the 2022-23 budget for the purpose Municipal corporations in Delhi have been demanding release of funds from time to time from the city government The three existing corporations here have been proposed to be reunified into a single entity A bill to merge the three municipal corporations in the national capital into a single entity was introduced in the Lok Sabha on Friday amid Opposition claims that the move was beyond the legislative competence of Parliament PTI KND CK
